What started out as Frandsen Log and Lumber Company in 1951 is now a major holding and management company with interests in several manufacturing companies and a bank holding company spanning three states, with over $1.5 billion in assets.

Today, Frandsen companies employ over 1,000 people in Minnesota, North Dakota, Wisconsin, and Kentucky.

Frandsen Corporation and its entities have purchased nearly fifty companies in the past sixty years. We focus on companies that bring synergy to our current businesses. We believe we can offer a great deal to a business’s owners, its employees, and its customers while honoring and adding to their history 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 onto 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? 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, human resources, IT, finance, marketing, and experienced strategic thinking.