Birmingham, Alabama and Calgary, Alberta, 17 May 2011 – Kirchner Private Capital Group (KPCG) today announced that Lew Turnquist has been appointed Managing Partner of Kirchner and Company Inc., in addition to his Managing Partner responsibilities for 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, transaction management and operational transition management services. Kirchner and Company Inc., the M&A arm of KPCG, provides M&A advisory and transaction management services with a uniquely operational approach.

“I am delighted that Lew will now also be heading up our M&A group. It’s a return of sorts to the work he did leading M&A transactions when he first joined us,” said W.B. (Bud) Kirchner, CEO and founder of KPCG. “The growth of our Transition Management group in the short time he has been leading it is testimony to his ability to build businesses. We look forward to working with Lew in his newly expanded role.”

Lew replaces Andy Agrawal as Managing Partner for the M&A group. Andy has resigned but will continue to support the firm’s efforts as the lead on several engagements. “We’re grateful for Andy’s many years of service and wish him the best of success in the future,” added Kirchner.

About Kirchner Private Capital Group

Kirchner Private Capital Group is patterned after the original model for a merchant bank. Our team is comprised of successful business people who now apply their operational, transactional and investment experience to the unique needs of early- and mid-stage companies and their investors. We pride ourselves in both the quality and quantity of the long-term relationships we have built over the last 26 years.

For further information:

Lew Turnquist
Managing Partner
Phone: +1 (205) 313-0784