McGowan Capital Group

  • Savigent Partners with Factora for Software Solutions

    Savigent Software, Inc., a leading provider of event-driven manufacturing operations management software, and Factora, a manufacturing solutions consulting firm, announced that they have formalized a strategic partnership. Factora is now a Savigent Authorized Partner providing solutions consulting, architectural and design services, and professional services on the implementation and support of the Savigent technology. Savigent is part of the McGowan Capital Group portfolio.

  • Spotlight on Grand Prairie Foods in Sioux Falls, SD

    Kurt Loudenback describes it as “one of those moments of fate”. He was in his yard more than a decade ago and stopped his neighbor, who works in the hospitality industy. “I said ‘Hey, send me the email addresses for Marriott and Hilton. I think I have products they would be interested in,'” said Loudenback, a former Fortune 500 executive who had bought Dakota Foods in 2003 and renamed it Grand Prairie Foods.The next day, Kurt had a reply from the executive chef for Hampton Inn. The timing couldn’t have been better because the hotel chain was reviewing new products. If Loudenback could have his items to Chicago by the following day, Hampton would have a look. He sent them stuffed biscuits, “and (the chef) called back and said, ‘Congratulations, you’re in.'” Now, Loudenback and his wife, Valerie, lead a company with about 150 employees that is about to add 50 more and double the size of its main facility at 1400 N. Cleveland Avenue by the end of the year.

  • Sajan 2015 Revenues Grow

    Sajan , a McGowan Capital Group investment portfolio company, reports favorable financial results for the fourth quarter and fiscal year ended December 31, 2015. Sajan, a language services provider based in Wisconsin, delivered their best revenue and profit quarter of 2015, offsetting revenue declines from current customers with acquisition and increased revenue from new clients. Revenues and net income were the second highest in Company history, slightly trailing 2014’s fourth quarter revenues.

  • Sajan – A Year in Review

    Sajan recently published a synopsis of momentous events that occurred with their company this year. This was recently published on their blog. Their highlights include promoting a new Director of Translation Automation, the retirement of Chief Operating Officer Angel Zimmerman, Paul Rome stepping into the COO role, launching a Global Life Sciences Practice, partnering with Corporate United – the largest indirect purchasing organization in the U.S. and purchasing software assets from technology firm Reverbeo to strengthen the SiteSync website translation proxy solution.

  • Sajan Announces Financial Results

    On November 5, 2015, Sajan, part of the McGowan Capital Group investment portfolio, announced its financial results for 3rd Quarter 2015 and the nine month period ending on September 30, 2015.

  • Sajan Chosen by Corporate United as Partner for Language Translation Services

    Over the past year, Corporate United evaluated more than 20 language service providers in its search for an industry leader to help deliver and expand their market expansion offerings to clients. Corporate United made its selection based on Sajan’s demonstrated expertise in language services and its proprietary translation management system technology, Transplicity. They also valued Sajan’s approach to the partnership in enabling a thoughtful, comprehensive program. Sajan is a McGowan Capital Group investment.