Finance
According to this article from Business Wire online retailer Titan Casket grew its revenues by 400% in 2021. The company also disclosed that November 2021 was its “largest month ever”. Titan was started in 2016 and allows consumers to purchase their caskets directly online for shipment to the funeral home of their choice. Titan Casket…
Read More
Arkansas Business announced in their publication in early January the acquisition of two funeral home locations by Smith Family Funeral Homes of North Little Rock. You can see that article here. Smith Family Funeral Homes acquired the Davis-Smith Funeral Homes located in Hot Springs and Glenwood, Arkansas. The addition of these two properties brings the number…
Read More
In a transaction announced last week but completed on December 27, 2021, according to this press release, Wilbert has merged operations with Memorial Monuments & Vaults (MMV) headquartered in Meridian, Idaho. According to the press release, MMV has 19 locations in the western part of the United States and provides monuments and related funeral services…
Read More
In this press release from last week, Foundation Partners Group (FPG) announced a new acquisition and also gave some indication of its growth over the past couple of years. Foundation Partners Group is the privately owned death care consolidator based in Orlando, Florida, that appears to set its acquisition sights on cremation heavy firms. FPG…
Read More
So, we are one week into the new year of 2022. There are a few things that have been predicted since the new Presidential administration came into office last January, especially after the inflationary times that started last Spring. One of the the predicted things we heard about was that a new administration may eventually…
Read More
A high number of Baby Boomers in ownership roles, the un-planned last two years of Covid-related operations, the thought of an increase in capital gains taxes. . . . . .those are all valid reasons that have many owners of funeral homes thinking of getting out of the ownership realm.. At the beginning of 2021…
Read More
This press release from Frisco, Texas, based Anthem Partners will let you know that the privately-held operator of cemeteries and funeral homes has expanded into Canada with the addition of the Speers Group of Companies. According to the press release, the Speers Group consists of funeral homes and memorial gardens located in the provinces of…
Read More
Funeral Director Daily’s Tom Anderson makes his quarterly appearance on Funeral Nation – this time Episode #237 – with hosts Ryan Thogmartin and Jeff “The Funeral Commander” Harbeson. The three discuss what’s happened in the last three months with the public companies in the profession as well as just everything we can think of funeral…
Read More
News broke late last week that the Schoedinger Funeral & Cremation Service, based in Columbus, Ohio, has entered into a sale agreement with Service Corporation International (SCI) of Houston, Texas. According to this article from the Columbus Dispatch, SCI’s closing on the ownership interest will happen this week. Schoedinger, founded in 1855 and in its…
Read More
It’s certainly been a strong year for the stock market. . . .even with recent declines last week tipped by rising inflation and fears of the Omicron variant of Covid-19. And, the strong year has not only been good for investors in America’s best known industries and services, but in the companies that make a…
Read More
