ROYDAN Enterprises, Ltd., the debt collection software company founded by Dan Hornung in 1980, is excited to announce that, after 41 years, they have transitioned to being employee-owned. The Roydan leadership team carefully crafted the vision and strategy for the organization over a five-year period.
Transitioning the company to an employee-owned model will bring long-term stability to the organization through a carefully crafted succession plan. While current customers will stay on the proprietary Bloodhound® software platform they have used for decades, the Roydan team will continue to innovate and further develop the platform for decades to come. Roydan strongly believes that its employee-owners can leverage this opportunity to take the company to the next level and allow them to take their superior customer service to new heights.
A celebration was held Thursday, August 26, 2021 at Roydan’s corporate headquarters to mark this momentous occasion. A number of special guests were present, including Manitowoc mayor Justin Nickels.
President Dan Hornung thanked the team for their contributions over the past 41 years and told them to take this as an opportunity to grow and invest in the future. “Today, we are here to celebrate the opportunities that each of the employees at Roydan has to create a bright future together.”
“Our transition to employee ownership demonstrates our commitment to our customers, the community, and the amazing team of employees that make it happen each and every day,” said Dan Hornung. “Keeping the company local is important not only to the community, but also to our employees and our loyal customers.” To signify Roydan’s long history of community support, they invited Hope House of Manitowoc County and Painting Pathways to join the event and celebrate a donation that was made to each organization in support of their local efforts.