Detroit, Michigan, United States
Florian serves clients across the industrial manufacturing sector, with a particular focus on automotive. He specializes in advising stakeholders in distressed supplier situations, supporting a broad range of scenarios - from rapid liquidity and operational assessments to developing and implementing restructuring plans, pursuing distressed M&A transactions, and executing wind-downs, both in- and out-of-court. He is particularly experienced in navigating complex stakeholder environments involving OEMs (Original Equipment Manufacturers), lenders, and sponsors, with a focus on preserving enterprise value and ensuring operational continuity. In addition, Florian has led strategic and commercial initiatives for Tier 1 suppliers, including large-scale efforts to recover inflationary cost increases and EV claims with OEM customers. Since joining KPMG’s Detroit office in 2018, Florian has advised a diverse client base, including mid-market family-owned businesses, private equity investors, and global public companies. A German native, he brings international restructuring and industry experience from his time at KPMG in Berlin, as well as prior experience with a German Tier 1 automotive and racing supplier.
Capricorn Group is a Tier 1 Automotive components supplier for the racing industry, prototyping and miniseries with approximately €35 million ($40 million) in annual revenue at the time. Closely worked on restructuring the entire business model, incl. slimming down and focusing on the core profitable business units and winding down/ selling all others (e.g. racetrack Nuerburgring). Performed 13-week cash flow forecasting and integrated financial modeling, finding short-term bridge financing solutions and navigating through a transaction that ultimately brought in Porsche AG as a strategic partner and minority shareholder.