Live Oak Growth Capital provides senior and subordinated financing to middle market companies. Our mission is to deliver simple debt financing to successful, sustainable companies and to produce outstanding returns for our investors.
We typically provide $2 million to $5 million in senior or subordinated debt to companies in need of capital for organic growth, acquisitions, recapitalizations or management buyouts.
We look for investment opportunities characterized by a strong management team with a demonstrated track record, sufficient cash flow to service debt, growth potential and a viable exit strategy.
Harbert Mulherin is a Principal of Live Oak Growth Capital. Prior to LiveOak, Harbert was a Director at EDS Corporation and where he was responsible for sourcing and structuring transactions. In 2011, he founded LiveOak Fund Manager, LLC, which directed the investment of growth capital loans through LiveOak Investment Fund I, LLC.
Rick Gernert is a Principal of Live Oak Growth Capital. Rick has more than 30 years of experience in the financial services industry. Rick served as a Principal of Butler Snow Advisory Services, a lower-middle market Business Advisory firm. Additionally, Rick was a founding shareholder and Managing Director of Iroquois Capital Group (a privately held merchant bank and investment banking firm) and served as a Managing Director of Koch Ventures ($150M early-stage venture capital provider) and senior executive officer at Sirrom Capital (a publicly held growth capital lender). Rick served as a Director at EDS with Mr. Mulherin.
Wesley Roberts is a Principal of Live Oak Growth Capital. Wesley has more than 10 years experience as both a transaction and assurance professional. He has extensive experience in the M&A process with a focus on financial, operational and integration due diligence services and has served as an advisor to both large private equity and corporate buyers. Wesley served as a Managing Director at Butler Snow Advisory Services with Mr. Gernert and was a Manager in the Transaction Services practice at Ernst & Young. Wesley is a Certified Public Accountant and Certified Valuation Analyst.