Faith, Frontlines and Fortune

In this episode of Faith, Frontlines, and Fortune, host Anderson Salgado speaks with Drew McManigle, founder and CEO of the MACCO Restructuring Group. Together, they dive into the realities of bankruptcy and financial distress, uncovering the most common pitfalls businesses face and the crucial role of effective cash flow management. Drew shares his experience in guiding companies through restructuring, highlighting the importance of vigilance, adaptability, and sound leadership in times of crisis. The discussion also explores the current economic trends impacting industries like restaurants and energy, the unique business climate in Texas, and the influence of government policies on business stability. Rooted in his own journey, Drew emphasizes how faith and resilience shape better decision-making for entrepreneurs navigating uncertainty.

🔗 Guest Links & Resources – Drew McManigle
  • Website: https://www.macco.group/


Creators and Guests

Guest
Drew McManigle
Drew McManigle is the Founder and CEO of MACCO, an award winning, national, middle-market business restructuring and business turnaround advisory firm. He has personally led numerous companies through in and out-of-court restructurings. Drew’s global experience extends across industries, including oil & gas, healthcare, consumer products, agriculture, diverse manufacturing, commercial construction, hospitality power generation, and cannabis. Renowned for his plain-spoken leadership style, Drew specializes in navigating the complexities of financial and operational distress to a simplified, cost-effective solution that protects the stakeholders. During his long career, Drew has held many leadership and fiduciary roles such as CEO, CRO, chapter 11 trustee, receiver, assignee, and independent director. He has represented company, debtor or creditor interests and conducted complex litigation in bankruptcy, state and foreign courts. In 2020, Drew was one of six initial professionals chosen to serve as sub-chapter V, small business chapter 11 trustees for the Southern District of Texas, Houston Division. He also served as a member of the sub V judicial committee established by the chief judge. For 5 years, until his withdrawal in April 2025, he successfully provided guidance and perspective to the program while successfully administering over 30 small business cases. Drew’s unwavering belief that businesses in crisis and the people who own and/or manage them, should have access to affordable, straightforward solutions is embodied at MACCO. He graduated from the University of Houston. In March 2024, he was awarded the M&A Advisor’s Leadership Award for his significant contributions to the restructuring industry and was inducted into its Restructuring Hall of Fame. Drew is often quoted in national publications.

What is Faith, Frontlines and Fortune?

Explore inspiring journeys of business, life, faith, and military entrepreneurship with Anderson Salgado. Tune in for deep dives into the experiences of industry leaders, Christian warriors, beauty experts and veteran entrepreneurs, sharing their stories of resilience, innovation, and success.