When the going gets tough, CM&A gets going
Croley, Martell & Associates provides the expertise & experience required to add significant value to complex situations
Croley, Martell & Associates is dedicated
to helping clients who are experiencing significant changes in their business and / or experiencing pressures from a wide variety of sources
Our Services
Debtor Workout & Turnaround
From problematic liquidity to existence-threatening revenue and profitability problems, even in the most complex and illiquid situations, we work aggressively with our clients to stabilize financial concerns and improve operations.
Crisis & Interim Management
With the middle market background to immediately assist in an operational or executive leadership role, CM&A brings a distinct hands-on approach to the most complex operational and financial challenges requiring efficiency and proper execution.
Performance Improvement
Clients rely on the analytical tools and operational expertise of CM&A to improve divisional performance, working capital, product line profitability, or to bring a new, collaborative perspective to leadership teams - which can be essential in creating transformational change with lasting benefits.
Transaction Advisory & Diligence
CM&A advises clients at all stages in the deal life cycle, from early-stage strategic planning through closing of the transaction. We have the deal experience and deep capabilities to evaluate and identify significant operational improvements in both distressed and non-distressed acquisition targets.
Our Focus
Operational Effectiveness
We are a highly effective operational turnaround & workout firm that employs an ‘old school’ workout mentality
Seasoned Leadership
Our Partners regularly work in CEO, COO, CFO, or CRO roles for companies within the middle market
Management Collaboration
We work alongside existing management to design, tailor, and properly execute the solutions that best fit the business
Practice Longevity
We have successfully worked on more than 280 engagements spanning over 30 years in 56+ industries
Strong Industry Focus
We have deep industry expertise in Manufacturing, Distribution, and Service businesses
Business Ownership Background
Our Partners have owned and held executive leadership positions in companies ranging from $50 million to $550 million in revenue
Owner-Operator Orientation
We assess individual client situations from the lens of current ownership to impactfully add value to privately held, owner-operator businesses
Wide Geographic Coverage
We are a boutique firm with operating professionals and support staff actively assisting clients across the Eastern United States
Our Case Studies
Automotive / Transportation & Logistics
$250 Million
Tier I Automotive Plastics Manufacturer
on its operational restructuring and $36 million EBITDA improvement
Consumer Products / Food & Beverage
$235 Million
LED & Legacy Lighting Manufacturer
on its operational restructuring, improvement of working capital, and refinancing
Metal
$80 Million
Tier I / Tier II Automotive Stamping Company
on its operational restructuring, $8 million EBITDA improvement, working capital improvement, and refinancing
Healthcare & Biotechnology
$31 Million
Preclinical Drug Testing & Drug Manufacturer
on its operational restructuring,
profitability improvement, and transaction process
Our Results
High Value Creators
We create high value for ownership and key constituents through profitability improvement, operational refinement, and working capital minimization (minimize debt and maximize value)
Client Performance Driven
Per meaningful situation, our clients typically experience annual EBITDA improvement of $2 million - $5 million with working capital reduction of $5 million - $7 million
Analytical Skillset
Our highly action-oriented professionals aim to quickly identify the underlying causes of challenges occurring in a client’s business and purposefully tailor solutions to relieve operational pressure
Debtor Representation
Aggressive representation of Debtor’s exclusively and utilize our deep expertise from owning and operating businesses to assist client management teams along with its staff
‘Turn-Key’ Flexibility
We seamlessly transition in a ‘turn-key’ manner to assist clients through all stages of a transaction including: complete company sale, carve out of a specific division(s), monetization of assets, or capital raise
Sustainable Change
If the situation requires, our team will collaborate with clients to attract, develop, and retain key professional talent to promote lasting, permanent change within the business
We believe in straight talk & addressing issues directly with urgency
Croley, Martell & Associates, Ltd. is a boutique, operational turnaround and workout firm with a focus on middle market companies ($20 million to $550 million in revenue). Our professionals are driven by and dedicated to helping clients that are experiencing significant changes in their business - ranging from changes in market conditions or credit markets, to the challenges of rapid growth, or the effects of operating issues. Working closely with our clients to execute solutions that fit their needs, we have a proven track record with more than 280 engagements spanning over 30+ years in over 56 industries. Our professionals are not just skilled operators, at the core, we employ an ‘old-school’ workout mentality.
Our Team
Clifford W. Croley
Partner
Michael W. Martell
Partner
Brandon M. Croley
Principal
Michael S. Mehwald
Managing Director