CM&A drives transformation for distressed businesses Eastern U.S. with hands-on turnaround, operational rigor and financial expertise – delivering lasting impact and high returns for stakeholders.
Croley, Martell & Associates (CM&A) is a Cleveland-based business advisory firm focused on turnarounds, workouts and interim leadership for middle-market companies facing operational or financial distress. With over 35 years of experience and more than 360 engagements across 60-plus industries, CM&A brings proven strategies and hands-on execution to each unique situation.
The firm works mostly on behalf of debtors, advocating aggressively for ownership to stabilize operations, reduce costs, and drive meaningful enterprise value improvements, while also representing creditors when needed. Partners often serve directly in executive roles, such as CEO, CFO, CRO or Receiver, guiding companies through urgent transitions while maintaining credibility with lender and investor communities.
Clients typically realize EBITDA gains of $3 million to $5 million and working capital improvements of $5 million to $7 million annually. CM&A’s boutique model uses a lean, special forces-style approach, embedding one to three senior professionals who deliver rapid impact without bloated teams or bureaucracy. The firm’s deep roots in manufacturing, automotive, logistics and consumer products allow for tailored, floor-to-boardroom strategies that stick long after the engagement ends.
CM&A’s process isn’t theoretical – it’s operational. From liquidity triage and labor negotiations to performance improvement and capital sourcing, every move is aimed at tangible, lasting results. The firm is built to solve tough problems, create real change and help business owners recover, reset and rebuild value – fast, decisively and effectively.
216.923.0573 | cmrecovery.com
