Amherst Partners Welcomes New Executive to Restructuring Practice

August 13, 2019

Source: Amherst Partners

Amherst Partners is pleased to announce that Shareef Simaika has joined the firm as a Director in the firm’s Restructuring Advisory practice.

Simaika has almost 20 years of professional experience in banking and financial advisory, providing solutions to clients across a wide range of industries including manufacturing, distribution, automotive, food and beverage, commercial products and retail, real estate, building materials and construction, and professional services.

Most recently, Simaika was a director with Michigan-based business advisory firm Alderney Advisors. Additional professional experience includes serving as a Vice President in Comerica Bank’s Special Assets Group, helping to stabilize and rehabilitate distressed borrowers, and working as a commercial lending credit officer at Comerica, overseeing the underwriting, structuring, and due diligence of a multitude of deal types, including leveraged financing, asset-based lending, and commercial real estate.

“We are extremely pleased to have Shareef join our team,” said Sheldon Stone, leader of Amherst’s Restructuring Advisory practice. “He has an outstanding track record of delivering successful outcomes in turnaround and restructuring work and his prior banking experience will provide Amherst’s clients with a uniquely rounded perspective.”

Simaika earned his Bachelor of Arts in Finance from Michigan State University. He is a Certified Turnaround Professional and an active member of the Detroit Chapter of the Turnaround Management Association and the Association for Corporate Growth. He resides in Grosse Pointe, Michigan with his wife and two children and will be based in the firm’s Birmingham, Michigan office.

About Amherst Partners

With a track record that spans over 20 years, Amherst is one of the Midwest's most reputable boutique investment banking, corporate restructuring, and management advisory firms. Among its core services, Amherst provides middle-market companies with significant financial advisory expertise for business divestitures, acquisitions, capital raises, and other corporate finance transactions. Our professionals share a commitment to developing a "trusted advisor" relationship with our clients and referral partners and have amassed an extraordinary track record of success, with over 450 domestic and cross-border transactions exceeding $20 billion in total transaction value. Securities related transactions are offered through Amherst's wholly owned subsidiary, One Amherst LLC, a registered broker-dealer and member of FINRA and SIPC.

As a partner in IMAP, Amherst maintains a well-established network of international offices in over 35 countries. In 2018, IMAP advisers completed 208 global transactions, with an aggregate transaction value of more than $10 billion. Through our IMAP partners, Amherst benefits by having seasoned deal professionals “on the ground” with first-hand knowledge of the local cultural and business environment.