Finance
Canada’s privately owned funeral home and cemetery company, Arbor Memorial, was recently selected as a “Gold Standard Winner” for Deloitte’s Best Managed Companies award for the 4th straight year. The award is the country’s leading business award program recognizing entrepreneurial companies for the caliber of their management abilities and practices. You can see a press…
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As we move into the seventh month of the calendar year, we felt that it was a good time for a check up on the Funeral Director Daily Death Care Index (DCI). The DCI is a composite dollar amount of owning one share of stock in each of the seven public companies in the United…
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New ideas come to the forefront in all industries from time to time. Some never get going, some ideas stagnate, but it is really exciting when you see some ideas and concepts catch a tailwind and continue to move forward. In the last couple of weeks we have seen news from two death care start-ups,…
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The Pittsburgh Post-Gazette recently published this article on Matthews International entitled “From tombstones to fuel cells, Matthews International wants to leave its mark on clean mobility“. The article is a great read on Matthews and reminded me that this “quiet company” of funeral service continues to make a difference every day, not only in the…
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Earlier this week Foundation Partners Group (FPG) announced that they have increased their location count to 12 in the state of Colorado by purchasing the entities affiliated with Seitz Funeral Services. In the press release which you can read here, Foundation Partners Group announced that the Seitz Funeral Services group includes Adamson Life Celebration Home,…
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“One flat price. $895. No Surprises.” That’s how direct cremation provider Solace describes themselves on their web-site. And now, according to this article in Geekwire, they have some cash behind them to spread that narrative about their company. Geekwire mentioned earlier this month that Solace has closed an oversubscribed funding round of $1.745 million with…
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Only about ten days removed from announcing the acquisition of a funeral home in northeast Minnesota, Foundation Partners Group made another announcement at the end of last week. The press release goes on to say that Foundation Partners Group, the private equity backed funeral home and cemetery consolidator and operator, has reached an agreement to…
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As of last Friday, June 4, we were over five months into the 2021 calendar year. Funeral Director Daily decided it was time to take a look at where the Death Care stocks were in relation to the stock market indices up to that day. What we found out is that the stocks of companies…
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It was announced last week in this press release that Orlando, Florida based Foundation Partners Group has acquired the Atkins-Northland Funeral Home & Cremation Service located in Cloquet, Minnesota. According to the press release, this addition brings the Foundation Partner Group count in Minnesota to six locations. Again, according to the release, the acquired funeral…
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I’m a fan of Warren Buffett and his company, Berkshire Hathaway. Matter of fact, I enjoy reading his annual shareholder letter because it just doesn’t tell how his businesses are doing, it explains to the reader why he is in those businesses and how he makes money for his shareholders. Back in 1936 a gentleman…
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