death care
We reported in our morning edition on last week’s happenings in Great Britain pertaining to the proposal that Pure Cremation will be acquired by private equity firm Epiris. We thought with that news we would try to let you know about the two other major potential acquisitions in the Death Care profession around…
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While most of us have been anticipating some news on the acquisition front from Australia and the proposed takeover of InvoCare by TPG Capital or waiting for some news on the North American proposal of Park Lawn Corporation to acquire Carriage Services, news came late last week that Great Britain’s large direct cremation…
Read MoreOur article this morning dealt with inflation and possible deflation. In doing the research for the article I came across this inflation calculator which I thought funeral homes and cemeteries would enjoy using to compare how they are pricing. According to this calculator: “The dollar had an average inflation rate of 5.64% per…
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“Deflationary forces will be the story of the season.” That’s a headline I recently saw. I receive three general business newsletters in my inbox every morning. I woke up on Monday of this week with two of those newsletters headlining their newsletters with talk of inflation. . . more specifically, that talk…
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Service Corporation International (SCI) the largest Death Care business in North America reported their results for the 2nd Quarter of 2023 earlier this week. They reported an increase in sales revenue of about 2.2% over the same quarter of 2022 — sales in 2Q2023 totaled $1.013 billion as compared to $990.9 million…
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As the calendar turns into August Funeral Director Daily has identified some interesting learning opportunities for our readers. And, a couple of them begin as early as tomorrow. Here’s some of the things on tap: From Wilbert’s continuing series of e-learning for funeral professionals we bring you these August opportunities for free CEU…
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On the same day last week three different articles or press releases came to my inbox and those pieces of literature formed a mental Venn Diagram for me about cremation and memorialization. The articles, taken together made me think about the continuing growth of cremation and what will be done with the cremated remains…
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I recently had the opportunity to listen to an insightful podcast that featured Foundation Partners Group’s Chief Marketing and Digital Officer Lee Senderov. She was a guest on the podcast “Celebration Chatters” which is hosted by 1-800-Flowers founder Jim McCann. I’ve been a licensed funeral director for over 40 years but…
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Matthews International, parent company of Aurora Casket and Matthews Cremation, reported their 3rd Quarter 2023 results and 9-Month results for 2023 last week. I think the overriding take on that report is that Matthews International has continued their growing revenue spurt moved mostly by their recent entrance into the energy storage solutions business. …
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The latest information we have out of Australia on the potential takeover of Australia’s largest death care provider, InvoCare, by United States private equity company TPG Capital is from a “Street Talk” column in Wednesday’s Australian Financial Review. Here’s a couple of exerpts from that article which is entitled “InvoCare talks turn…
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