Frontier Growth Overview
Frontier Growth (formerly Frontier Capital) is a growth equity firm based in Charlotte, North Carolina.
The firm seeks to support the growth of software companies in the lower middle market through investment capital and operational expertise.
They make majority or minority investments through buyouts and growth equity. The firm also prefers to invest in enterprise healthcare, SaaS, commercial services, and marketing technology sectors in the US.
Frontier Growth’s support goes beyond capital investment. They also help portfolio companies with:
- Growing customers
- Building teams
- Combining investment with expertise
- Making acquisitions
One of the key differentiators of Frontier Group is their philosophy that puts “People Before Numbers”, because they believe that it’s people that lead to growth.
Andrew Lindner started Frontier in 1999 to serve high-growth B2B software businesses – which were largely ignored sector back then.
Frontier Growth AUM
According to most recent regulatory filings, Frontier Growth manages $12.8 billion of assets as of March 30, 2022.
Frontier Growth Interview Process & Questions
Firms can make changes in their interview process with each candidate. However, the general nature of the process remains consistent at Frontier Growth and similar firms.
- Interview process consists of 4 to 6 rounds
- Junior investment professionals or the HR team handle the initial interviews, while more senior staff lead the later rounds
- The entire process typically concludes after multiple weeks – unless it’s “on-cycle” or “on-campus” recruiting
You’ll face a combination of fit questions, behavioral questions, and technical / investing questions during your interview at Frontier Growth.
To help you prepare for such an interview, check out my Growth Equity Interview Guide.
Why Frontier Growth
Interviewers are most likely going to ask you “Why this firm?”
If you’ve met current or former employees from their firm, this is the perfect time to mention them and how they’ve made a really positive impression on you. Share the good things they shared about the firm which influenced your decision to apply.
It’s also a good practice to learn more about the firm when coming up with an answer for “Why this firm”. One way to do this is to listen to interviews with its founders, investors, and employees.
Check out these great interviews:
- Interview with Richard Maclean, Co-Founder of Frontier Capital
- Interview with Seth Harward, a principal at Frontier Capital
Frontier Growth Case Study
Interviewees almost always need to conduct case studies during interviews. Firms use case studies to evaluate the candidate’s technical knowledge and communication skills.
Most case studies at firms like Frontier Growth will require you to do financial modeling and investment recommendations. For junior roles, cold calling case study may also be included as well.
Check my in-depth discussion of case studies inside my Growth Equity Interview Guide.
Frontier Growth Salary & Compensation
According to publicly available data, you can make an estimated total pay of $94,788 per year as an Analyst at Frontier Growth, and $87,726 per year as an Associate.
These figures are average salaries and can still vary depending on your qualifications and experience.
Frontier Growth Careers, Jobs, & Internships
To view job vacancies at Frontier Growth, check out our job board where you can find open roles for them and other similar firms.
Frontier Growth Portfolio & Investments
Frontier Growth made 54 investments since 1999 and operates 4 funds as per Crunchbase. Some of their notable deals include Petvisor, Wealthbox, and SupplyPike.
Notable Transaction: Property Meld
Property Meld makes the maintenance process easier for property managers while also improving billing, scheduling, and communication with residents and maintenance service providers.
Customers of Property Meld enjoy reduced maintenance costs and increased satisfaction from stakeholders in the maintenance process.
To support their growth, Frontier Growth led a Series B funding round which raised $15 million investment for Property Meld.
According to Frontier Growth’s VP, Matt Williams, they backed Property Meld because the company demonstrated an impressive growth and unique ability to optimize the maintenance process for its customers.
These factors ultimately help improve their overall net operating income.
Frontier Growth is just one of many impressive investment firms in the finance world. If you want to land a role at Frontier Growth (or a firm like it), be sure to check out my Growth Equity Interview Guide.
This online self-paced course will help you ace your interviews and maximize your chances of getting selected for the role through its step-by-step lessons on topics like case studies, valuation, market thesis, and many more!
Get the course and start learning today.