Sean Frank
Sean Frank (born June 17, 1989) is an American entrepreneur, investor, and philanthropist.[1] He is the founder of Cloud Equity Group, a global investment firm based in New York City.[2][3] Prior to Cloud Equity Group, he was the Chief Executive Officer of XE Technology Solutions – a web services conglomerate.[4]
Early life and education[edit]
Frank was born to Andrea and Graeme Frank. At the age of 12, recognizing the rise in demand for websites during the tail end of the dot-com boom, Frank decided to start his first small business. He began creating websites for his friends and maintain the websites online by charging a small monthly fee. By the time Frank entered high school, he was known by his peers as the student who was making more money than his teachers.[5] In high school, Frank picked up Andrew McKelvey as a mentor, the founder and former CEO of Monster.[6][7]
While in high school, Frank started reinvesting his profits into buying out his competitors as part of an inorganic growth strategy to accelerate his company’s growth.[8] Frank became proficient in acquiring small businesses and, through economies of scale, averaged a six-month time to repayment on each acquisition. After a few years, XE Technology Solutions became a conglomerate offering a vast away of web services through its subsidiaries including web hosting, web design, game server hosting, and outsourced support services to subscribers worldwide.[9]
In 2009, Frank studied International Finance at the University of Virginia, Semester at Sea. In 2011, he completed his bachelor's in Finance from the University of Pittsburgh.[10] In September 2015, he received his Charted Financial Analyst designation.
Career[edit]
In October 2013, Frank founded Cloud Equity Group, a Wall Street-based investment management firm specializing in leveraged buyouts and private debt investments in tech-enabled business service providers.[11][12] Cloud Equity Group is a very active investor within the hosting,[13][14][15][16][17] digital marketing, and managed service provider sectors.[18] Cloud Equity Group manages discretionary capital on behalf of its high net worth individual, family office, and institutional investor clients.[19]
Social contributions[edit]
Frank donates for various causes, including Jewish community initiatives, breast cancer research, mental health and wellness, child welfare, financial inclusion, and COVID-19 relief.[20]
- ↑ "Sean Frank - Entrepreneur, Investor, Philanthropist - About". www.seanfrank.info. Retrieved 2021-12-06.
- ↑ "SEC FORM D". www.sec.gov. Retrieved 2021-12-06.
- ↑ "Sean Frank, Cloud Equity Group LLC: Profile and Biography - Bloomberg Markets". www.bloomberg.com. Retrieved 2021-12-06. Unknown parameter
|url-status=ignored (help) - ↑ "X.E. Technologies | Better Business Bureau® Profile". www.bbb.org. Retrieved 2021-12-06.
- ↑ Nelson, Greg (2021-04-19). "Sean Frank, Managing Partner at Cloud Equity Group, on the Importance of Mindset for Entrepreneurship". California Herald. Retrieved 2021-12-06.
- ↑ Black, Lauren (2021-03-29). "Sean Frank, Founder of Cloud Equity Group, Talks About Starting First Business at Age 12". America Daily Post. Retrieved 2021-12-06.
- ↑ Ross, Sharon (2021-04-13). "Sean Frank on His Journey as a Successful Young Entrepreneur". eNEWS 2.0. Retrieved 2021-12-06.
- ↑ "Sean Frank on Becoming a Self-Made Millionaire Before the Age of 30". Business Deccan. 2021-04-28. Retrieved 2021-12-06.
- ↑ TechBullion, Angela Scott-Briggs (2021-05-15). "Sean Frank Gives Advice to Upcoming Entrepreneurs on Starting a Business". TechBullion. Retrieved 2021-12-06.
- ↑ "Sean Frank | LinkedIn". Unknown parameter
|url-status=ignored (help) - ↑ "Cloud Equity Group | Investment Team". cloudequitygroup.com. Retrieved 2021-12-07.
- ↑ GmbH, finanzen net. "Cloud Equity Group: Investing in The Future of Cloud-Based Hosting Services". markets.businessinsider.com. Retrieved 2021-12-07.
- ↑ updated, Anthony Spadafora last (2020-08-27). "Cloud Equity Group acquires Conseev web hosting portfolio". TechRadar. Retrieved 2021-12-06.
- ↑ Journalist, Editor Hosting (2020-08-28). "Cloud Equity Group Completes Acquisition of Conseev's Hosting Brands". Hosting Journalist.com. Retrieved 2021-12-07.CS1 maint: Extra text: authors list (link)
- ↑ says, Private Equity Software (2020-10-27). "Cloud Equity Group to complete carve-out from A2 Hosting". Cloud7 News. Retrieved 2021-12-07.
- ↑ "Cloud Equity Group announces acquisition of five hosting service providers(Others-Community)". titanwolf.org. Retrieved 2021-12-07.
- ↑ "Web Hosting News - Cloud Equity Group Completes Acquires Conseev Portfolio Hosting Companies". www.hostsearch.com. Retrieved 2021-12-07.
- ↑ "Cloud Equity Group Investor Profile: Portfolio & Exits | PitchBook". pitchbook.com. Retrieved 2021-12-07.
- ↑ "Cloud Equity Group Successfully Scales Small And Mid-Sized Businesses". www.yahoo.com. Retrieved 2021-12-07.
- ↑ "Sean Frank - Entrepreneur, Investor, Philanthropist - Philanthropy". www.seanfrank.info. Retrieved 2021-12-07.
