A Search Fund for West Michigan.

We are the next generation of business leaders.

Lake Drive Capital is a Search Fund, founded by two local professionals, dedicated to acquiring and operating a small to medium sized business in West Michigan.

With deep roots in West Michigan and years professional experience at high performing organizations, we have the capabilities for the next generation of business growth.

Who We Are

Tyler Oates

Tyler grew up in West Michigan before going to The United States Military Academy (West Point) for college. He spent 10 years in the Military as an Infantry and Special Forces Officer (Green Beret). He transitioned from service and earned his MBA from Harvard Business school. Most recently he worked for McKinsey & Company where he specialized in their Operations Consulting practice. He currently lives in Grand Rapids and has a wife and two grade school daughters.

Kyle Cunningham

Kyle grew up in West Michigan before attending the University of Michigan where he was a member of the 2005 varsity football team. After his degree in Sociology with a concentration in Economics and Business, Kyle launched into a marketing career. Most recently, Kyle led marketing programs at two of West Michigan's most recognized organizations, Amway and Corewell Health. He currently lives in Grand Rapids with his wife and three daughters. 

Our Investment Focus

What is a Search Fund? 

  • A search fund is an investment vehicle led by one or two individuals who, together with a group of investors, seek to acquire, lead, and grow a small to medium sized business.

  • Search funds typically target established companies with a proven track record, high-profit margins, and those in which the searchers can/ will take an active role in operating, post-acquisition.

    Investment Focus:

  • Small to Medium-sized Business (SMB)

  • Stable Cash Flow and Profitability

  • Ownership Retiring or Exiting

  • Opportunities for Improvement

  • Industry-Agnostic

Are You A Business Owner That Is Proud of Your Legacy?

We are here to help. Kyle and Tyler are committed to acquiring and building a business in West Michigan. We understand the values and culture that makes this area great - and are committed to the communities and people of West Michigan. 

Transition With Us:

With deep roots in West Michigan and broad professional experience, we have the capabilities to build on your business legacy. 

  • We have committed and long term capital from West Michigan based investors.

  • Our business capabilities span the value creation spectrum, with a commitment to long term thinking.  We are not leaving West Michigan, and neither will your business or your employees. 

  • Lake Drive Capital can be flexile in our approach to transition. If you are ready to transition now - or later - we can offer flexible terms to ensure you can leave the way you want.

Connect With Lake Drive Capital

We are always looking for opportunities to connect with West Michigan business owners, deal professionals, and investors. If you are interested in partnering or learning more about Lake Drive Capital - please send us a message at the link below.