MACCO GROUP AND ALGON GROUP ANNOUNCE STRATEGIC ALLIANCE

Top Restructuring Firms Collaborate to Tackle Most Complex and Challenging Assignments

HOUSTON, July 28, 2025 /PRNewswire/ -- MACCO Restructuring Group, an award-winning, Houston-based national business restructuring and financial advisory firm, today announced a formal strategic alliance with the Algon Group, a leading boutique financial advisory and restructuring firm for complex and bet-the-company matters based in Miami, Florida.

This alliance underscores MACCO's continued commitment to delivering innovative, high-impact solutions to its clients and partners. By combining Algon's "transaction focused" approach with MACCO's "capital-efficient solutions" and leveraging the deep expertise of both firms' professionals, the partnership creates a distinctive and powerful resource for distressed businesses across industries, particularly in real estate and hospitality.

"This is a distinctive and highly powerful combination of restructuring forces that includes exceptional business leaders, gifted financial professionals and accomplished investment bankers who can tackle, literally, the largest, most complex and challenging assignments across the world," said Drew McManigle, Founder and CEO of MACCO.

The Algon Group, founded in 2002, is a nationwide firm, providing distressed M&A/advisory and business restructuring services for both U.S. and international businesses. The firm has substantial restructuring expertise in both in and out of court transactions that resolve troubled debt situations for debtors, creditors, and lenders alike. Similar to MACCO's team, its senior leaders have served as both interim executives (CEO, President, CRO, CFO) and as independent board members to companies under operational and financial duress. With over $5 billion in successful real estate and hospitality restructuring, Algon is the preeminent firm for maximizing returns for real estate stakeholders.

"We believe the blend of MACCO's broad industry knowledge, incredible leadership and relationships throughout the middle-market sector combined with our sophisticated financial expertise and dedication to achieving success under any circumstances makes the Algon and MACCO alliance the 'Seal Team Six' for businesses in distress," stated Troy Taylor, founder and President of the Algon Group.

McManigle concluded, "Together MACCO and Algon, with our award-winning approach to business restructuring, empowers us to provide agile solutions and decisive actions which enables us to 'put out the fire and protect the stakeholders from getting burned'."

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SOURCE Algon Group