"The Frandsen Corporation is a good business organization that deals squarely and knows what they are doing."

ABOUT US  

What started out as Frandsen Log and Lumber Company in 1951 is now a major holding company with interests in several manufacturing companies and a bank holding company with nearly $1.5 billion in assets. Today, Frandsen companies employ over 1,000 people in many communities in the Upper Midwest.

Frandsen Corporation has purchased over 40 companies in the past 20 years. During that time we have focused on companies that bring synergy to our current businesses. We believe we can offer a great deal to a business’ owners, its employees and its customers while honoring and adding to their histories of success.

While we do not focus on any specific industry, the Frandsen acquisition model follows a simple, proven philosophy:

• We are business operators, not just financiers.
• We hold on to our businesses indefinitely.
• We move quickly, finance our own transactions and make strategic decisions.

“We look to buy successful businesses with successful people, and to keep them running well. We have very little employee turnover within the businesses we acquire,” explained Greg Frandsen, President of Industrial Netting.

Why does the Frandsen model work? Phil Arneson, a longtime associate of CEO Dennis Frandsen, summarizes the process that has repeatedly led to success.

“First, Frandsen Corporation finds a profitable and successful company to purchase, and pays cash for it. Then, we retain the management team, and invest our capital in long term growth strategies.” The businesses gain access to capital and to Frandsen Corporation resources such as accounting, HR, finance, and experienced strategic thinking.