Clifford W. Croley

Partner

• 30-year turnaround, workout, and crisis management professional

• 160 significant workout and turnaround engagements

• Client Representative Situations:

  • CEO of $52 million military and civilian aircraft engine part manufacturer

  • CEO/Part Owner of $250 million Tier I automotive parts manufacturer, complex manufacturing

  • COO of $28 million equipment rental company

  • CEO & Part Owner of $14 million healthcare services company

  • CRO of $25 million construction supply company

  • CRO of $22 million third party logistics company

  • CEO & Part Owner of $35 million biotech services contract research organization (CRO)

  • Workout Advisor for $525 million Food Wholesaler and Manufacturer

  • Workout Advisor for $120 million Automotive Stamping Company

  • Workout Advisor for $230 million Automotive Stamping Company

  • Workout Advisor for $130 million Food Processor

  • Workout Advisor for $85 million Credit and Collections Law Firm

  • Workout Advisor for $75 million Trucking Firm

  • Workout Advisor for $90 million Call Center Services Company

  • Other significant engagements 

• Clients have ranged in size from $7 million to $515 million in revenue

• Mr. Croley started as an operator with middle-market companies and generated high-value impact for owners

• Created a national middle-market, high-impact, turnaround practice for a national advisory firm

  Participates at Board level and as Board special advisor with significant private equity firms

• B.S., M.S., and M.B.A. degrees

Michael W. Martell

Partner

• 30-year turnaround, workout, and crisis management professional

• 120 significant workout and turnaround engagements

• CEO, COO, and CFO at significant turnaround clients and is an outstanding cash manager in complex situations

• Client Representative Situations:

  • CEO and CFO of successful $50 million military supplier

  • CFO of $250 million Tier I automotive parts manufacturer

  • CEO / COO of $40 million forging company

  • COO & Part Owner of $40 million biotech services contract research organization (CRO)

  • CFO of $50 million building products manufacturer

  • CFO / COO of $25 million specialty machinery company

  • CFO of $50 million food distribution company

  • Other significant Service Company experience

• Clients have ranged in size from $10 million to $500 million in revenue

• Mr. Martell first began his career in Public Accounting with Deloitte & Touche 

• Migrated to operating or advising companies in various forms of distress

• B.S. degree and is a CPA

Brandon M. Croley

Principal

• 10-year turnaround, workout, and crisis management professional

• Primary areas of focus include: development of strategic turnaround and business plans, cash flow and liquidity forecasting / liquidity management programs, and evaluating operational performance and profitability improvement opportunities

• Client Representative Situations:

  • Parallel sale, capital raise, and refinancing transactions in support of restructuring $650 million digital solutions company providing design, build, maintenance and IT infrastructure security [awarded “Out-of-Court Restructuring of the Year (Revenue $100 million+)” – 2019 M&A Advisor Turnaround Awards]

  • Chapter 11 Section 363 sale of $600 million integrated producer of high-end automotive leather products with re-tanning, coloring, and cutting operations in Mexico, Europe, Republic of South Africa, and China [awarded “Section 363 Sale of the Year (Revenue $100 million+)” – 2018 M&A Advisor Turnaround Awards]

  • Restructuring of $250 million leading satellite-based data management and communications solutions company serving commercial, industrial and government markets

  • Restructuring of $400 million leading global designer, developer, manufacturer, distributor, and retailer of innovative, high-quality footwear

  • Operational improvement of $1 billion private, wholesale apparel company

  • Chapter 11 sale process of $1.5 billion mining, producer, and marketer of coal in the U.S. [awarded "Transaction of the Year (Revenue $1 billion+)" - Turnaround Management Association]

• Clients have ranged in size from $10 million to $2 billion in revenue

• Previously, Mr. Croley worked in the Turnaround & Restructuring group of Alvarez & Marsal in New York and the Bankruptcy & Restructuring group of Mesirow Financial Consulting in New York  

• B.S. degree in business with a concentration in management from Miami (OH) University’s Farmer School of Business

• Mr. Croley is an active member of the Turnaround Management Association (TMA), Association for Corporate Growth (ACG), and a former member of the TMA "NextGen" Committee in New York

Michael S. Mehwald

Managing Director

• 32+ year automotive industry executive

• Executive VP / President of $125 million global automotive stamping supplier with managerial oversight on the launch of approximately 2,500 significant automotive programs

• Experienced in troubled supplier workouts

• Client Representative Situations:

  • EVP of Tier I and Tier II Global Automotive Stamping Company (7 significant facilities)

  • Created 10% EBITDA performance in competitive automotive sector

  • Investor in mid-size Private Equity firms, 10 companies in ownership portfolio

  • Board Member, Advisor to $20 million specialty machine valve company

  • Board Member, Precision Metalforming Association

• Previously, Mr. Mehwald was an executive with an automotive stamping operation overseeing the company’s growth from 60 employees to over 900 through global expansion

• Mr. Mehwald is experienced with Lean Manufacturing and Japanese quality systems, expectations

• B.A. degree management / finance