Birmingham, Alabama, 20 September 2011 – Kirchner Private Capital Group (KPCG) today announced the addition of Dr. Patrick McNees as Managing Partner of the Company’s Health and Life Science Integrated Focus Area.
“Patrick is a leading industry expert who brings an impeccable track record of success to KPCG. His addition greatly enhances and validates our platform as a leading North American merchant bank,” said W.B. (Bud) Kirchner, KPCG founder and CEO. “We strongly believe in the long-term potential of the Life Science sector and with Patrick’s leadership we feel we have an unparalleled ability to service small and mid-size companies in the space.”
KPCG is one of North America’s leading boutique firms focused on all aspects of the small and medium enterprise providing asset management, transaction management and operational transition management services. Through the Health & Life Sciences integrated focus area, KPCG will have unprecedented capacity in medical device, biotechnology, healthcare delivery, wellness and public health arenas.
Patrick brings 36 years of experience as an entrepreneur, advisor, academic, and inventor to KPCG. He was the founding CEO and Chief Scientist at Applied Health Science, Inc. and co-founder and President of North Rim Systems and Computer Associates, a software firm.
He has served as an advisor to many companies and organizations including: Baylor Health Systems, Bristol Myers Squibb, Vancouver Hospital, and SRS Medical. Patrick has served as a director on a number of boards in the health, software and financial sectors, and for 20 years has been a member of the US National Institutes of Health grant review panels. He has also served as an expert panelist for the Canadian federal government’s Centers of Excellence program.
In the academic community, Patrick is internationally recognized. He is a prolific author and is frequently called upon to speak at international conferences.
Patrick joins KPCG after serving as Associate Dean for Research and Enterprise Development for the School of Health Professions at the University of Alabama in Birmingham (UAB) – a world-renowned research university and academic health center. He will maintain his connection to UAB through continued involvement in certain key initiatives.
Patrick has been responsible for more than two dozen inventions, copyrights and patents in areas such as life and health science, software development, oil and gas and financial services. He has sold or licensed the rights to his intellectual property to such organizations as ConvaTec, Sun Bank, First State Bank, and Exxon.
“I consider KPCG to be the premier boutique merchant bank for operational support and transactional advice to small and mid-size companies in the health and life science sector,” said Dr. Patrick McNees. “I look forward to applying my diverse background and working with my KPCG colleagues to unlock significant value for our clients.”
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. www.kirchnergroup.com