Frank DeLape is Chairman and CEO of Benchmark Equity Group, a company he founded in 1994. Prior to Benchmark, Frank spent 11 years in executive management roles of managing turnarounds for various companies. He has worked on behalf of the Board of Directors or the sponsoring banks to recapitalize companies return them to profitability or maximize cash repayment through an orderly liquidation. Benchmark provides private equity and debt financings from various funds as well as a syndicate of investors. Frank was a founder and financier of Think New Ideas, a NASDAQ NMS listed company, which later sold for over $300 million. At Benchmark, Frank has formed and been instrumental in the growth of eighteen companies. Of these, several have become NASDAQ listed, one listed on the American Stock Exchange, and three were sold, creating in total over several billion dollars in market value.
From August 2001 through October 2005, Frank was Chairman of the Board of the biotechnology company Isolagen, Inc. Over his four years as Chairman and a major shareholder of Isolagen, Frank oversaw the listing of Isolagen on the American Stock Exchange, and raising over $194 million in debt and equity financings for the company. Frank was a Director of Polymedix, Inc. from November 2005 until third quarter 2008. Frank is Partner and Chairman of General Land Holdings, the parent company of Island Living Resorts, where he is responsible to oversee and manage the regulatory, master planning, strategic development and partnering program, financing and management of the multiple beachfront properties owned by General Land Holdings. Several of the developments include Emerald Monkey Exclusive Residences, Peacock Beach and the Cabo Blanco Fishing Clubs.
Frank also enjoys and thrives on giving back to the community. He is active in not only giving financially to many charities he has a passion for but also participates on a ground level with them as well. His motto is, “We are blessed to be a blessing.”
Frank is married with three children and is an active member at Lakewood Church.