Bio

Till Prinz is a Managing Director with Alvarez & Marsal’s Private Equity Performance Improvement in Germany. He brings many years of experience in performance improvement, turnaround and restructuring programs. His primary areas of concentration are private equity based performance improvement programs and interim management. Mr. Prinz has worked with clients across a range of industries, including retail, fashion, entertainment, manufacturing, packaging, engineering, steel, chemicals, marketing and telecommunication. Most recently, Mr. Prinz worked with management on the financial restructuring and operational turnaround of a PE owned global industrial company with c. €900m in revenue. He focused on the development of the turnaround plan as well as stakeholder and lender management.​ Prior, Mr. Prinz led the team that developed a cost-out program for a PE owned €8.5bn revenue elevator company. The project focused on SG&A headcount (Finance, HR, IT, etc.) efficiencies and led to a substantial reduction in the global cost base over a 24 months period. Previously, Mr. Prinz created a value creation roadmap uncovering over €100m in savings for a +€1bn revenue telecom provider in Eastern Europe. This included IT optimization, G&A cost reduction, and product profitability improvement.​ He also served as the interim GM of a tier-1 private equity portfolio company in the packaging industry. The Company had previously been integrated into the Group. In his role, Mr. Prinz led the Company through a transformation program and drove top line and margin improvement initiatives as well as significant cost reductions. Additionally, he managed to significantly reduce working capital. Before joining A&M, Mr. Prinz was a Director at a Finnish/German turnaround boutique and worked at a German consulting firm specializing in lean manufacturing and turnaround projects. He began his career as a sales manager at Lidl, Germany’s largest discounter.​ Mr. Prinz holds a bachelor’s degree in Business Administration from the University of Maastricht and the University of Zaragoza, and a master’s degree (cum laude) in International Business from the University of Maastricht. A German national, he is fluent in German and English.