Frank M. Harrison, CPA, CFE
Frank has over 30 years of accounting, tax, finance, investing, and litigation support experience in a variety of industries including lending, real estate, media & Internet, automotive, manufacturing, oil & gas, software, alternative asset investment funds, and venture capital funded start-ups.
In both senior executive roles, including CFO, Corporate Controller and SVP of Corporate development, and as an advisor, he supervised accounting and finance staffs and performed or oversaw hundreds of monthly and annual closings and audits, and developed financial models and plans. He has structured, negotiated, and approved dozens of financing transactions both in the U.S. and offshore including commercial real estate and business loans, joint ventures, venture capital investment rounds, and IPOs.
Frank has provided advisory services in commercial and bankruptcy litigation matters regarding financing transactions and has also led engagements involving both financial statement/transactional fraud and U.S. Securities fraud.
Earlier in his career, Frank worked for PricewaterhouseCoopers, certified public accountants, as a Manager in both their general practice and special projects groups. Previous to that he worked for a New York CPA firm that is now part of RSM US LLP.
CPA, Connecticut; Certified Fraud Examiner
Email: frank@fmharrison.com
Entrepreneurial experience
Includes:
As the CFO for an Internet start-up (a former client) he closed three rounds of financing for $60 million from blue-chip venture capital funds and strategic Fortune 100 investors and closed two strategic acquisitions; within the first year of joining the company annual revenue increased from $2.5-to-$20 million; monthly unique users increased from 1 million to over 6 million; headcount increased from 15 to 150+; and an IPO was filed for and approved by the SEC.
As the investment manager for a $25 million alternative investment fund Frank realized (via profitable pay-offs) a nearly 40% return in under two years (investments were asset-based loans); this included, when necessary, the successful work-out of loans including through litigation in various state, federal and bankruptcy courts. Of the $40-plus million in total loan investments he managed, all were profitable; i.e. all invested capital was returned, plus a premium return, to investors.