Power 100 2020 Q&A: Richard Maclean and Andrew Lindner
Courtesy of Richard Maclean and Andrew Lindner/Frontier Growth
RICHARD MACLEAN and ANDREW LINDNER
54 | partner, Frontier Growth, 49 | partner, Frontier Growth
Founders Maclean and Lindner celebrated their investment firm’s 20th year by changing its name to Frontier Growth. The old moniker, Frontier Capital, worked well as they raised more than $1.5 billion in capital in five rounds and bought stakes in more than 50 U.S. and Canadian companies since 1999. The duo and 43 associates — the staff has more than doubled in the last three years — typically invest from $20 million to $75 million in business-services software companies with revenue of $8 million to $30 million. Inc. magazine named it one of the 50 best private equity firms for entrepreneurs last year. Maclean is a College of Charleston graduate with an MBA from the University of Virginia, while Lindner earned his bachelor’s degree from the University of Texas and his MBA from Stanford University.