HOUSTON--(BUSINESS WIRE)--MACCO Restructuring Group, LLC (MACCO) announces the addition of Jerry Thompson, Managing Director.
“The economic fallout from industries in distress require us to think outside the box in identifying talented professionals, with diverse skill sets and keen analytical perspective, to address and find solutions for businesses in crisis across a broad industrial and financial spectrum. With this in mind, I am pleased to announce our newest MACCO restructuring expert,” stated McManigle.
Jerry Thompson joins MACCO as a Managing Director based in Houston. His business experience incorporates the ability to evaluate structured finance transactions, notably in upstream exploration, production, and oil field service companies, from a practical standpoint. Jerry has led multi-disciplined teams through due diligence, structuring and execution of over $2 billion in oil & gas structured debt and equity transactions and his restructuring expertise were gained from in-depth experience working with a wide variety of industries, public and private. Jerry has conducted balance sheet and operational restructuring efforts that successfully reorganized distressed investments. Prior to MACCO, Jerry was a Managing Director at a large Australian merchant bank for 14 years, where he focused on both debt and equity investments in the energy sector. A professional engineer by training, he began his career in mechanical reliability and project engineering roles within the chemical & refining industries. Jerry earned his bachelor’s degree in Mechanical Engineering from The University of Iowa and his MBA from The Jones Graduate School of Business at Rice University.
McManigle continued, “I’m very proud to say, since our launch in July 2019, that MACCO has variously served as CRO, Financial Advisor, Chapter 11 Plan Trustee, Independent Director or as an Expert Witness, across 16 engagements, including chapter 11 cases such as Pioneer Energy Services, Corp., Watson Valve Services, Inc. and Marshall Broadcasting Group, Inc. working collaboratively with law firms from Houston, Dallas and across the country from Los Angeles to New York.
“At MACCO, we continue to grow our team of ‘first responders’ to businesses in financial and operational distress. Our talented group of professionals act quickly, advise wisely and execute precisely to ‘put out the fire and protect the stakeholders from getting burned’.”
Learn more about MACCO at www.macco.group