Having pursued the same investment thesis, with an acute focus on asset-light, lower middle market companies for over a decade, Level is able to leverage its prior successes, lessons learned, and executive network to serve as trusted, valued added partners to its management teams and investors. With experience that spans private equity, mezzanine lending, M&A advisory, start-up operational roles, and management consulting, Level has a diverse knowledge set from which to make sound decisions and contemplate all perspectives. This combined with a passion for growing and developing great companies has provided Level the opportunities to invest within intriguing companies that possess compelling value propositions.
Steven P. McGrath Managing Partner
Mr. McGrath founded Level Capital Partners and is responsible for originating and evaluating investment opportunities, structuring and negotiating transactions, managing portfolio investments, and investor relations. Prior to forming LCP, Mr. McGrath served key roles within three lower middle market private equity initiatives, inclusive of Harbert Management Corporation’s private equity practice, Atlanta Equity Investors, and Liberty Lane Partners. Before his private equity career, Mr. McGrath worked at the Royal Bank of Canada within its M&A advisory group and a lower middle market mezzanine investment firm. Mr. McGrath also gained valuable management consulting and operational experience as a part of Andersen Consulting and multiple technology startup companies. Mr. McGrath has sat in board positions throughout his investment management career and currently sits on the boards of CarePlus Anesthesia Management, S&S Healthcare, and Affirmative Technologies.
Mr. McGrath holds a MBA from the Goizueta Business School at Emory University, where he graduated with Beta Gama Sigma honors, and a BA in Economics from the Miami University.
Lawrence P. KraskA Operating Advisor
Larry Kraska has over 30 years of healthcare services experience, including hospital administration, physician group practice management, outpatient services, consulting, and healthcare staffing. Having extensive experience within private equity backed companies, Larry as helped to guide four companies through successful investment exits that garnered exit multiples of over 10x LTM EBITDA. He currently serves as CEO of Water’s Edge Dermatology, a leading provider of dermatology, vein care, and plastic surgery, and serves on the board of CarePlus Anesthesia Management. Prior executive leadership positions have included CEO of MESA Medical Group, a leading regional provider of outsourced Emergency Medicine and Hospital Medicine services, President/COO of Hospital Physician Partners, and President/CEO of Caring Brands International and Interim Healthcare, a leading franchisor of homecare services. Early in his career, Larry served as COO of Physicians’ Specialty Corp., a publicly traded physician management company, and held numerous administrator positions within the Tenet healthcare system. Larry obtained his B.S and M.B.A degrees from Kennesaw State University and currently serves on the Board of Trustees for the University.
James P. RowE Operating Advisor
James Rowe has 25 years of experience in financial technology and possesses an extensive track record of successful execution. He currently serves as Chairman of Affirmative Technologies Inc. and EVP of Data & Analytics for mTrade. He was most recently a member of the executive leadership team that led Optimal Blue through a successful acquisition by GTCR. Prior senior management positions include Managing Director of Mergers and Acquisitions at Lender Processing Services, Inc. (NYSE: LPS), and COO of FIS Decision Solutions, a unit of Fidelity National Information Services (NYSE: FIS). James obtained his B.S. degree in Economics from Virginia Tech and his M.A. degree in Quantitative Economics from Virginia Commonwealth University.