Funeral Director Daily
We learned last week that Propel Funeral Partners that operates out of Australia and New Zealand had purchased the Dils Group which has locations in New Zealand and Australia. The Dils Group is said to have performed about 800 services last year and brought in revenue of about US $ 4.96 million. You can see…
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Hillenbrand Industries, parent company of Batesville Casket Company, reported their July through September numbers – which happen to be their 4th Quarter fiscal year numbers, as well as their Fiscal Year End numbers last week. Hillenbrand showed record revenues both for the quarter and the year. You can access their financial report here. However, those…
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As we head into the weekend we thought we would catch you up with some information that is both of interest to our readers, but sometimes hard to catch as you are busy in your daily work and don’t have time to check out death care information as we do. . . . but that…
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Dignity plc, the United Kingdom’s only publicly listed provider of funeral related services released its report on the first nine months of its 2020 business year earlier this week. You can read highlights of that report here in a short synopsis of such from Reuters. In essence, the number of deaths in Great Britain increased…
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We learned today that a rumored divesture of West Coast assets of StoneMor Inc. has indeed been negotiated and an asset purchase agreement has been signed. This press release from Globe Newswire indicates that StoneMor Inc. has sold all of their properties in Oregon and Washington to an entity known as Clearstone Memorial Partners, LLC. …
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I woke up this morning (Monday as I write this) to see the Dow Jones Industrial average futures up over 5% on the news that Pfizer has had tremendous success with its Covid-19 vaccination drug trials. It’s a rainy day in Minnesota so I did my daily run on the treadmill watching Jim Cramer on…
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This article published last week from Bloomberg Law alleges that when former Park Lawn Corporation CEO Andrew Clark resigned and left the employment of the company he carried trade secrets with him to his new employer, Plot Box, Inc. The article from Bloomberg Law notes that a lawsuit was filed in a Delaware federal court…
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On Friday we published an article about funeral FinTech and software firm Tribute Technology fetching a reported “more than a billion” dollar amount when sold. That same day we learned in this article that an Idaho funeral tech firm had just received a $4 million venture fund investment from Pelion Venture Partners based in Utah.…
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The article that I just read was all about Cremation #17263 that was left at the York, Nebraska, non-profit known as Blue Valley Community Action of York. The cardboard box was left at a drop there in the middle of the night. It was discovered, according to the article you can read here, by volunteer…
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Back in September we published this article about Providence Strategic Growth (Providence Equity) planning to put their funeral software firm, Tribute Technology, on the market. At that time. the article that we had read from Barron’s mentioned that Providence believed that they could get a $1 billion offer for their assemblage of companies that they…
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