Propel Funeral Partners

Propel Funeral Partners reports 1st Half 2024

By Funeral Director Daily / March 26, 2024 /

    The growth of Propel Funeral Partners of Australia and New Zealand is apparent when you look at the company’s financial report covering the 1st-Half of 2024, ending on December 31, 2023.  In looking at the report you will see that, what is now believed to be the South Pacific’s largest “publicly-held” death care…

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Propel Funeral Partners makes New Zealand acquisition, raises $80 million

By Funeral Director Daily / February 23, 2024 /

    Last year the largest death care service provider in Australia and New Zealand, InvoCare, was taken private in a buy-out by private equity company TPG Global.  It appears that action has led to the 2nd largest provider of death care services of those nations, Propel Funeral Partners, to rapidly move forward with their…

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Recent articles on Death Care public stocks

By Funeral Director Daily / January 22, 2024 /

    It seems that many of our readers are interested in how the public companies around the world that deal in the Death Care businesses are doing. . . .And, it also appears that they crave any information that they can find on these companies.   Since there are not too many of these…

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Propel Funeral Partners adds three more locations

By Funeral Director Daily / January 11, 2024 /

    When funeral home, cremation, and cemetery company InvoCare was taken private last year by private equity firm TPG Global it pushed Propel Funeral Partners Limited to be what we believe is the largest publicly-owned death care provider in Australia and New Zealand.  And, Propel Funeral Partners is not standing still as this article…

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Propel Funeral Partners keeps marching forward

By Funeral Director Daily / July 26, 2023 /

      Most of the news out of the South Pacific dealing with Death Care has been about the prolonged potential takeover of Australia’s largest funeral and cremation provider, InvoCare, by the United States based private equity firm TPG Global.  However, while that potential marriage is still under consideration, Propel Funeral Partners, the 2nd…

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Propel Funeral Partners makes acquisitions. . . are acquisitions larger in general?

By Funeral Director Daily / February 23, 2023 /

    Last week North America’s largest funeral service company, Service Corporation International (SCI), announced in their 4th Quarter report “On the acquisition front, we had a very active fourth quarter investing $89 million in four separate transactions across the United States and Canada. These transactions added 14 funeral homes and 3 cemeteries, which included 3 combination locations.”   And…

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Propel Funeral Partners shows growth with 2022 Annual Report

By Funeral Director Daily / September 20, 2022 /

Propel Funeral Partners, the public company that owns and operates funeral homes, cremation facilities, cemeteries, and related infrastructure in Australia and New Zealand, announced their Fiscal Year 2022 (FY22) results in late August, and did so by showing growth all across their reporting numbers. The company that began in 2012 with 278 funeral services reported…

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Acquisitions: Two continents, two hemispheres, corporate firms, 4th generation firms. . . they keep happening

By Funeral Director Daily / August 26, 2022 /

Going into the weekend we thought we needed to remind you that acquisitions keep on coming in the death care business.  In the last week or ten days here’s a couple we noticed. Cleveland’s Busch Funeral and Crematory Services, a 4th generation firm has added Schuster-Straker-O’Connor Funeral Home  of Parma, Ohio, to its existing Northeast…

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Propel Funeral Partners makes acquisition. . . . enters pet business

By Funeral Director Daily / August 9, 2022 /

Propel Funeral Partners, billed as the 2nd largest provider of death care services in Australia and New Zealand  announced last week its acquisition of Community Funerals and Cremations for Pets.  Community Funerals operates from four locations in and around Cairns, Queensland, and was founded in 2008.  Cremations for Pets was founded in 2017. The business…

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Propel Funeral Partners reports First-Half 2022, volumes, Revenue per Case move up

By Funeral Director Daily / March 4, 2022 /

There is no doubt that the world is a smaller place today because of the information that can be received instantaneously.  Look no further than war reporting and satellites in the sky — during World War II information on battles took days to reach American civilians while today reporters are in the field and send…

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