Croley, Martell & Associates, Ltd.

is dedicated to helping clients who are experiencing significant changes in their businesses. We work with clients experiencing pressures from a wide variety of sources ranging from changes in market conditions, to changes in credit markets, to the challenges of rapid growth, or the effects of operating issues. Some key takeaways about our firm you will see in this website are as follows:

- Highly effective operational workout/turnaround firm located in Cleveland, OH
- Partners work in CEO, COO, CFO, or CRO roles in middle-market companies
- Firm also comes along-side existing management to design/execute solutions
- More than 280 engagements over 30 years in 56+ industries
- Strong experience in manufacturing, distribution, and service businesses
- Partners have run/owned businesses ranging from $10 mil-$500 mil revenue
- Work effectively with privately held, owner operator businesses
- CM&A geograpic coverage is the eastern half of USA
- Boutique firm with operating professionals and support staff
- Work to create high value for owners through profit improvement and working capital minimization
- Engagements generally add $3-5 million annual EBITDA client with a reduction of $5-9 million in working capital
- We are highly execution oriented
- Work for debtors exclusively, aggressively represent clients

We work closely with our clients to execute solutions that fit their needs. Find out more about us through this website, and contact us to discuss your situation.

Workout and Turnaround Services:

Companies occasionally run into significant issues that significantly challenge their management teams. Those issues can range from problematic liquidity challenges to existence-threatening revenue and profitability problems. If necesssary, we work aggressvely with our clients to create liquidity, even in the most illiquid situations, in order to provide our clients time to make the necessary adjustments to their businesses. Services include:


-Cash management and liquidity management
-Cost reduction evaluation and implementation
-Lender and creditor negotiation
-Company rationalization/performance optimization
-Union negotiations/labor cost reduction
-Material and manufacturing overhead reduction
-Revenue enhancement evaluation
-Debt restructuring and New Lender Introduction
-Balance sheet de-leveraging (sale-leaseback)
-Capital source placement (new senior debt, junior debt, equity)

We work closely with existing management to rapidly improve earnings and capitalization. We help our clients execute solutions to get results.

Professionals
Clifford W.
Croley
Partner
Michael W.
Martell
Partner
Brandon M.
Croley
Managing Director
ABOUT CROLEY, MARTELL & ASSOCIATES, LTD

Croley, Martell & Associates, Ltd. is dedicated to helping clients who are experiencing significant changes in their businesses. We work with clients experiencing pressures from a wide variety of sources ranging from changes in market conditions, to changes in credit markets, to the challenges of rapid growth, or the effects of operating issues. We work closely with our clients to execute solutions that fit their needs. Find out more about us through this website and contact us to discuss your situation. Learn more about our firm by clicking the link below.