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