acquisitions

National Guardian Life to acquire Everplans

By Funeral Director Daily / February 1, 2021 /

According to this article National Guardian Life (NGL), a mainstay in the funeral preneed insurance market, has announced that it has acquired the company Everplans.  Everplans is described in the article as a digital life planning company that “helps consumers store, organize and share important documents online, and helps users get started with estate planning.”…

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International acquisitions – Propel adds Kiwi firms, Ontario firm happy after one year

By Funeral Director Daily / November 16, 2020 /

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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Park Lawn Corp reports 2Q 2020, CEO Green answers acquisition questions

By Funeral Director Daily / August 19, 2020 /

Toronto based Park Lawn Corporation (PLC) reported its 2nd Quarter 2020 financial situation last week.  In it they reported great success on revenue growth and Adjusted Net Earnings.  CEO Brad Green commented on the financial report in saying, “We have grown together as an organization and are poised to continue with our projected growth targets.”  …

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Is the Demographer the most important person in the corporate funeral office complex

By Funeral Director Daily / August 18, 2020 /

I was talking to a colleague about a recent funeral home acquisition and asking what he thought of the transaction.  His comment startled me in that he said, “I hope they didn’t pay too much because no one dies in that community anymore.”  His implication was that the community we were discussing has became known…

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Judge overturns crematory variance, what’s coming up in our profession

By Funeral Director Daily / July 27, 2020 /

Today’s afternoon edition tells of a Dayton, Ohio, decision by a judge that overturns a variance needed to operate a crematory.  Funeral Director Daily will also give you news of a large funeral home acquisition of six Ohio mortuaries.  Finally, we’ve got some other stories and a listing of some of the events for learning…

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Goings on in the independent funeral home world

By Funeral Director Daily / June 10, 2020 /

Sometimes I can get going about a subject and give you my opinion before you have even had a chance to read the article and form an opinion on your own.  Like everybody, my experiences that I have lived slant the opinions that I profess. And, while I grew up and operated as a 4th…

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Propel Funeral Partners growing market share

By Funeral Director Daily / February 7, 2020 /

This article from Yahoo Finance indicates that Australian and New Zealand public funeral operating company Propel Funeral Partners is growing market share.  According to the article it is growing both from acquisitions and an annual death rate increase in both countries. Here is an excerpt from that article: “In Propel’s FY19 investor presentation, the company…

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Service Corp purchases Louisiana based properties

By Funeral Director Daily / December 27, 2019 /

At least one source has indicated in a news story that Houston based Service Corporation International (SCI) has purchased historical family funeral business properties in Baton Rouge, Louisiana.  The Greater Baton Rouge Business Report reported yesterday in this article that SCI has, at a minimum, purchased the property of the Rabenhorst Funeral Home in Baton…

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Foundation Partners keeps rolling along

By Funeral Director Daily / December 16, 2019 /

It seems that we are announcing acquisitions by the Foundation Partners Group in rapid succession.  Today we bring you the news that last week it was announced that Foundation Partners Group announced in this press release that they had purchased two funeral/cremation companies on the east, or Space Coast, side of Florida.  The two firms…

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Carriage Services acquisitions, hiring. . and other news

By Funeral Director Daily / December 10, 2019 /

Last week public funeral home operating company Carriage Services was really in the news.  They not only announced the acquisitions of the Fairfax Memorial Park and Funeral Home in the Washington, DC area, but they announced the purchase from StoneMor Partners of the funeral home/cemetery combination facility Oakmont Memorial Funeral Home and Cemetery in Northern…

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