Diverse Portfolio Frandsen Corporation manages a varied portfolio of manufacturing companies and a community bank network with $1.6 billion in assets, presenting multiple cross-sector opportunities for financial and enterprise technology services.
Growing Financial Presence The recent acquisition of Pbmbank indicates an active expansion strategy in the banking sector, offering potential for vendors in digital banking solutions, compliance software, and fintech collaborations.
Technology Adoption With a tech stack including Fiserv, JavaScript, and Citrix, Frandsen demonstrates substantial integration of financial and enterprise software, suggesting opportunities for software upgrades, security solutions, and custom IT services.
Leadership Hiring Strategic staffing changes such as hiring CIO and IT directors reveal focus on strengthening technology infrastructure, making them a target for consultative sales in IT management, cybersecurity, and digital transformation initiatives.
Midwest Market Focus Operating across numerous communities in the upper Midwest with a sizable local workforce, Frandsen offers potential for regional suppliers, community engagement collaborations, and localized service providers aligned with their community banking and manufacturing operations.