Restructuring and Interim Management Veteran Brings Significant
Energy Industry Experience
SierraConstellation Partners, LLC (SCP), an interim management and
advisory firm to middle-market companies in transition, announced today
that Drew McManigle has joined the firm as a managing director.
McManigle has more than 25 years of experience in operational
leadership, business turnarounds and financial restructurings, and has
conducted complex litigation matters worldwide. He will report directly
to Lawrence Perkins, SCP’s founder and Managing Partner.
“Drew is extremely well-known in the industry, and his experience in the
oil and gas industry will be invaluable to us as we continue to grow our
client engagements in that sector,” said Perkins. “We are pleased to
welcome a professional of his caliber to the SCP team and are confident
he will make numerous positive contributions to our firm as we continue
to grow our national practice.”
Prior to joining SCP, McManigle founded and operated The McManigle
Company, a boutique advisory firm focused on interim management,
turnarounds and business reorganization. Since starting that business in
1993, he was engaged to handle numerous operating assignments, most
notably in oil and gas, specialty pharmaceuticals, food manufacturing,
defense contracting, consumer products, and hospitality.
McManigle’s deep experience in the energy industry includes C-level
positions with oil and gas companies, fuel distributors, oil-well
servicing companies, and energy production and investment companies. In
addition to the energy industry, he also served as the interim president
of food manufacturer and fundraiser for Joe Corbi’s Wholesale Pizza,
chief restructuring officer of well-known cosmetics brand Jane &
Company, and interim CEO and general manager of world-class resort and
real estate developer Old Edwards Inn Hospitality Group.
“I’m extremely pleased to be working with the team at SCP,” said
McManigle. “In its short history, SCP has achieved significant growth
and has built a solid reputation based on professionalism and results.
I’m looking forward to contributing to SCP’s future success.”
About SierraConstellation Partners, LLC
SierraConstellation Partners, LLC, is a Los Angeles-based advisory firm
serving middle-market companies and stakeholders in those firms. Clients
include companies, management teams, their private equity investors,
lenders, creditors, and other financial constituents. The firm’s
professionals have a record of success and achievement as financial
advisors, interim managers and CROs to firms in transition. SCP has
three main service lines: interim management, performance improvement
and financial restructuring. SCP also partners with select investors to
serve as management teams for potential acquisitions and portfolio
companies. For more information, please see www.sierraconstellation.com.
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Copyright Business Wire 2015
Source: Business Wire
(December 1, 2015 - 11:00 AM EST)
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