Team

About Walter Simson

Walter Simson has over 40 years of turnaround management experience. Upon turning around a family manufacturing firm, he studied finance at NYU’s Stern Graduate School of Business. After earning his MBA he joined Allomet Partners, a Turnaround Management Association founder firm. Simson has completed over 60 successful turnaround engagements including bank workouts and refinancings; chapter 11s, ABCs and receiverships; performance improvement assignments and postings in CEO, CRO and CFO roles. Simson’s assignments are usually on behalf of the debtor, whether in the form of a PE firm, trust or family ownership. He is the author of Core Turnaround Strategy: The Indispensable Business Restructuring Guide (2026). Prior to his consulting career, he worked at The Chase Manhattan Bank where he completed a number of international assignments. He graduated from Columbia University in the City of New York.

Joe Sands

Joe has over 25 years of investment banking, advisory, and operating experience. He is a Managing Director of Corporate Finance Associates, where he advises business owners, boards, and senior management on mergers and acquisitions, financings, valuation, exit planning, and restructurings.

Joe’s perspective comes from both sides of the table. As an investor and operator of four middle-market businesses, he learned firsthand what drives value and what destroys it. One didn’t work out. Two were great. One returned 14x in four years. His best advice: plan the exit before you need one.

Prior to CFA, Joe founded The Spectrum Capital Group in 1996, an investment banking and merchant banking firm that completed dozens of transactions with both healthy and distressed businesses. In 2009, Spectrum sold its investment banking practice to Morgan Keegan, a subsidiary of Regions Financial. Earlier, Joe was VP of Fulcrum Capital, directed corporate development for a children’s clothing company that grew from $12 million to over $100 million in four years, and began his career as a CPA with Arthur Andersen and an associate with Merrill Lynch in New York.

His clients are generally private companies with revenues between $25 and $300 million.

About Walter Simson

Walter Simson has over 35 years of turnaround management experience. Upon turning around a family manufacturing firm, he studied finance at NYU’s Stern Graduate School of Business with bankruptcy pioneer, Dr. Edward I. Altman.

After earning his MBA he joined Allomet Partners, a Turnaround Management Association founder firm. Simson has completed over 40 successful turnaround engagements including bank workouts and refinancings; chapter 11; performance improvement assignments and interim or permanent management as both a CEO and CFO.

Simson’s assignments are usually on behalf of the debtor, whether in the form of a PE firm, trust or family ownership. For many years he managed a dedicated team of analysts and accountants courtesy of a major CPA and consulting firm. This structure provides an experienced team with great flexibility and no pressure to artificially extend consulting engagements.
Prior to his consulting career, he worked at the Chase Bank where he completed a number of international assignments. He graduated from Columbia University with a BA in Comparative Literature.