In a frantic start, Leon Mike gave the home side a third minute lead, slamming the ball home after Kevin McNaughton touched on a Scott Michie cross from the left.
That lead lasted only a minute as Livvy raced to the other end and Rolando Zarate was left unmarked to slide home Camacho's centre.
In the 14th minute Kevin McNaughton scored the goal of the night, picking up a Mike lay off on the half way line and driving forward before unleashing a spectacular shot into the roof of the net from 20 yards.
Livvy rolled up their sleeves and pulled one back nine minutes from the break as Camacho nodded home a Cherif free kick.
The second half was only 25 seconds old when the visitors drew level, Camacho grabbing his second. Then eight minutes later the comeback was complete as Pesquinelli deflected home a Zarate shot.