Birmingham, Alabama and Calgary, Alberta, 3 November 2010 – Kirchner Private Capital Group (KPCG) today announced that Lew Turnquist has been appointed Managing Partner of Kirchner Transition Management, Inc. KPCG is North America’s leading boutique firm focused on all aspects of the small and medium enterprise providing asset management, investment banking and operational transition management services.

Lew joins Andy Agrawal, Managing Partner for the Investment Banking group, and Les Lyall, Managing Partner for the Asset Management group.

The Transition Management group provides a variety of hands-on services to companies operating off-plan, including interim management, diagnostic assessments, as well as leading restructurings, workouts and turnarounds. Universally, engagements are oriented toward measurable success in creating and restoring value.

“We are excited to have Lew lead the Transition Management group,” said W. B. (Bud) Kirchner, CEO and founder of KPCG. “This is where we began 25 years ago, and Lew’s experience will bring renewed focus to this area of our business.”

“KPCG is known for the senior operating experience of the team and its focus on small to medium enterprises,” said Turnquist. “But what makes us truly special is the integration of our three distinct but complimentary practices to create value for our clients. The Transition Management division allows us to apply our operational perspective and expertise; the success of our Investment Banking division demonstrates that we know what is important in monetizing value; and the Asset Management division brings the investor’s perspective to the mix.”

Lew has over 20 years of operational and transactional experience, focused in the latter part of his career on turning around troubled companies. In addition, he has served on the boards of private and public companies and has worked with companies through the IPO and strategic sale process. He joined KPCG in 2009 and, in that time, he has been deployed on both M&A and operational assignments. Lew holds an MBA from the Richard Ivey School of Business at the University of Western Ontario, and a BSc from the University of King’s College.

About Kirchner Private Capital Group
The Kirchner Private Capital Group (KPCG) is partners, principals, agents and advisors to private companies, venture capital and buy-out firms, and institutional investors. Through a multifaceted, customized approach, we match our operational, transactional and investment skills to every investment management partnership, transition management engagement, and investment banking mandate. Our depth of experience, validated by a 25-year track record, enables us to assist both clients and partners achieve their objectives.

For further information:

Lew Turnquist
Managing Partner
Phone: +1 (205) 313-0784
lturnquist@kirchnergroup.com
www.kirchnergroup.com

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