Troy Innovative-2

Providing Continuity to
Support Business Growth

About the Client

Tom Cseplo founded Troy Innovative Instruments, Inc. in 1992 to cater to the needs of the orthopedic contract manufacturing community. Based in Middlefield, Ohio, the company provides implants and contract precision machining and assembly needed for orthopedic surgeries. Troy Innovative was at the forefront of many early spine systems and evolved with the industry, expanding its scope and breadth of operation. Today, the company manufactures thousands of highly engineered implants and instruments used throughout the U.S. 

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The Challenge

After experiencing a number of organizational changes, Troy Innovative wanted to build a stronger infrastructure while continuing to support the growth goals of the company and its customers. The company also wanted to expand into foreign markets.

The Goal

Skoda Minotti began working with Troy Innovative in 2017 as a strategic business advisor. Our goal was to provide continuity throughout Troy’s organizational changes, while helping the company remain on track with its growth goals.

The Solution

In addition to contracting for tax and accounting services, Troy Innovative also engaged our business advisors, including Professional Staffing, Outsourced Accounting Solutions and Aurum Wealth Management Groups.

Skoda Minotti’s Professional Staffing Group filled key positions on Troy Innovative’s leadership team and helped manage the transition. The firm’s Outsourced Accounting Services Group served as Troy’s outsourced CFO on an interim basis. Additionally, Aurum Wealth Management, a Skoda Minotti company, was engaged to build out financial plans with Troy’s owners.

Skoda Minotti worked with Troy Innovative by:

  • Identifying candidates that resulted in a strong leadership team
  • Establishing a relationship with a bank partner
  • Being a sounding board throughout internal changes
  • Serving as an outsourced CFO
  • Providing succession planning for the owner
  • Developing financial plans for Troy Innovative’s owners

The Result

Troy Innovative is a thriving company, and Skoda Minotti is proud to be an integral contributor to its ongoing success. With the leadership team in place, the company is growing and looking forward to new opportunities to further expand the company.
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"Skoda Minotti has been an integral business partner, and we rely on their professional knowledge and expertise for on-site accounting support, taxes, year-end reviews, staffing resources, financial planning, machine utilization systems, banking relationships and sounding board for business support.  

We have found each of the professionals on the teams we engage to be of the highest caliber in terms of skills, professionalism and integrity—they are dedicated to solving all our business needs."   

Brett Crawford

Brett Crawford
President, Troy Innovative

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