“Nothing is more powerful than an idea whose time has come.”
– Victor Hugo
REVENUE: $25 - $250 million
Latiker Capital Fund I, LLC
was created to identify, acquire and operate a private company that serves Fortune 500 customers across select segments of the energy industry. Our leaders are executing a “Buy, Build & Harvest” strategy that will create a Tier 1 Minority Business Enterprise (MBE) and position it to create wealth for owners, investors and employees. Our approach to creating value is simple: Use the acquired platform to help energy companies become Supplier Diversity & ESG leaders. We will execute an MBE strategy that is proven to increase MBE spend and help diverse suppliers thrive.
The target platform company
will be U.S. based and have an enterprise value expected to be between $50 million and $200 million at acquisition. Latiker will fund the acquisition through a variety of sources, adhering to a conservative use of debt and equity, including investor capital, bank debt, institutional subordinated debt and seller financing as required.
Latiker has an experienced team
of corporate executives, advisors and capital partners with decades of operating and investment experience. The team is led by Greg Ward, an energy executive and Independent Sponsor with deep experience gained within Fortune 50 and middle market energy firms. We will execute our strategy by pursuing organic growth and add-on acquisitions.
Fortune 500 Companies have a Major MBE Spend Opportunity
PROBLEM #1: Minority Business Enterprises (MBEs) are typically smaller firms that lack the operational, organizational and financial resources required to effectively serve the needs of Fortune 500 clients.
PROBLEM #2: FORTUNE 500 Companies and smaller firms often lack the supplier diversity “success know-how” required to help diverse suppliers thrive within their supply chain.
We identify companies for acquisition by leveraging our proprietary network of owners, executives and advisors. We also partner with select corporations to identity companies in their supply chain that fit our criteria.
Company Profile
Company Offerings
Diversity, Equity & Inclusion is central to our MBE Strategy
We are committed to creating a diverse, inclusive and equitable workplace at all levels of the company.
We will recruit, develop and promote talented individuals to help Latiker become a Tier 1 Supplier that makes a difference in the energy industry.
We offer wealth creation opportunities for talented individuals who contribute to the growth and success of the company.
Meet our Team
Greg Ward
Global Energy Executive
Greg Ward has 25+ years of executive, management and global operations experience across multiple industries. He has deep leadership and operational experience that will be critical to sourcing, vetting, and operating the MBE Platform company. He developed the acquisition and growth strategy based upon his many years of experience with Fortune 50 companies and middle market firms including ExxonMobil, Royal Dutch Shell, Chevron, and GL Nobel Denton (merged with DNV).
Greg resides in Houston, Texas, the Energy Capital of the World. This provides strategic access to potential clients, acquisition targets, capital partners, management & technical talent and intellectual capital critical to executing the MBE Platform strategy.
Education: Greg earned an MBA from Harvard Business School and has participated in executive education programs at INSEAD (Fontainebleau, France) and UNC Chapel Hill.
Industry Experience: Energy (E&P / Refining & Marketing), Petrochemicals, Technical & Project Management Services, Inspection & Verification Services, Management Consulting, Banking, Consumer Packaged Goods and For-Profit Education.
Global Experience: Americas, Asia Pacific, Europe and Africa.
Country Experience: US, Belgium, Brazil, China, France, Gabon, Germany, India, Kenya, Mexico, Singapore and United Kingdom.
Operational Experience: M&A Integration, Supply Chain & Logistics Management, Customer Service, Multi-Site Operations, Project Management, Warehouse Management, Packaging & Fulfillment.
Functional Experience: Operational Excellence, Leadership Development, HSE, Strategy & Planning, Sales Management, Business Development, B2B Marketing, Product Development, Human Resources Management, Financial Planning & Analysis.
Latiker Advisors & Operating Partners
Latiker Advisors
Greg has recruited several advisors with complimentary experience to assist with sourcing, vetting, funding, and operating the MBE Platform.
James Bogues
James is board and senior leader advisor with 25+ years of management consulting and business operations experience. Mr. Bogues was Managing Director for Accenture’s North American Resources business unit with a focus on Energy, Chemicals, Natural Resources and Utilities industries. Mr. Bogues drove C-Level business and work force transformations for multinational oil and gas firms. Mr. Bogues will assist Latiker with M&A strategy (business add-ons), leadership development and business development activities.
Jonathan Gregory
Jonathan currently serves as CEO of RMX Resources, a developer of oil and natural gas properties in the Los Angeles Basin. RMX produces approximately 1,000 barrels of oil per day, and is backed by CIC Partners. Prior to forming RMX, Jonathan was CEO of Royale Energy, Inc. (OTCQB: ROYL), a publicly traded energy company formed in 1986. Jonathan joined the board of Royale in 2014 and became CEO in 2015. Jonathan also served as the CFO of two other private oil and gas companies, Americo Energy Resources and J&S Oil & Gas. While CFO of these companies, Jonathan raised over $200 million in private equity and senior debt capital to support the companies’ respective operations and acquisition activities. Mr. Gregory began his career in the banking industry where he held various positions over a 25-year banking career. He closed over $1 billion in transactions focused primarily on the upstream oil and gas industry as an officer at various Texas based financial institutions. In addition to his corporate activities, Mr. Gregory has been active on multiple nonprofit boards addressing homelessness, early childhood education issues and social justice.
Dave Levitt
Dave currently serves as Sr. Vice President, Worldwide Sales, at LiquidFrameworks, the leader in providing a cloud-based “quote to cash” platform for Oilfield Services field operations. Mr. Levitt held senior executive roles in sales and business development at Salesforce.com, Oracle and SAP. Mr. Levitt serves as a board advisor and director for Tracts.co and SecurityGate.io, respectively. Mr. Levitt will assist Latiker with operations strategy, sales force effectiveness, leadership development and business development.
Irwin Levowitz
Irwin held senior executive positions at ExxonMobil Chemical Company including P/L, manufacturing, marketing, sales, technology and strategic planning responsibilities. His operational and industry experience includes polymers, basic chemicals, specialty chemicals and fertilizer business units. Since retirement from ExxonMobil, Mr. Levowitz has served on advisory boards for six companies including Braskem, Chemtex Global, Ingenia Polymers, McNeil International and PlugAndPlay. Mr. Levowitz is the principal of his own consulting company where he is focused on chemical and plastics companies. Mr. Levowitz will assist Latiker with governance, leadership development, business development and safety performance.
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