Business

Acquisitions, new locations. . . .the business of funerals just keeps rolling along. . .

Foundation Partners why I partnered

It never ceases to amaze me how as habits change, some things stay the same and just keep rolling along.  I don’t mean that in any negative way, but as death care is looking at new options such as alkaline hydrolysis, green burial, and natural organic reduction in the future, the tried and true ways of death care with expansion and acquisitions are evident every day.  Today we will tell you about three events we heard about last week.

Anthem Partners acquires Angeleno Mortuaries

Anthem Partners is a fairly recent newcomer in the world of acquisition and roll-up led by many veteran industry executives.  They are privately held and subscribe to the theory of being long-term, patient investors in death care properties.

On April 6, 2022, the company announced that “Angeleno Mortuaries, Inc. had joined Anthem Partners.”  According to the press release that you can read here, Angeleno Mortuaries had their start in 1997 with the opening of their flagship location, Angeleno Valley Mortuary in North Hollywood, California.  The company greatly expanded and has now chosen to affiliate their 10 locations with Anthem Partners.

Will Andrews, United States President of Anthem Partners said this about the affiliation, “The firms in the Angeleno Mortuaries family enjoy an outstanding reputation throughout California and the West Coast. I feel privileged that Bill (Hawkins – founder of Angeleno Mortuaries) has entrusted Anthem Partners with the outstanding organization that he has built over the past 25 years.  Our two organizations are a natural fit as we share the same desire to provide the highest level of personalized service to those we are honored to serve.” 

Here is the website for Anthem Partners

Related – Anthem Partners hires executives —  This press release from Anthem Partners announces the additions of Chad Jackson and Keith Ungerer to the  Anthem Partners executive staff.  Jackson, a former funeral director and Vice-President of Business Development at Batesville Casket will assume a role of Senior Vice President – Operations and have the responsibility of overseeing management at all United States locations.

Ungerer has a history as a Chief Financial Officer in the real estate industry and will assume the role of CFO at Anthem Partners.

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Rollings Funeral Service acquires Vermont funeral home

 

This press release from the NewBridge Group announced their role in the acquisition of the E.P. Mahar and Son Funeral Home of Bennington, Vermont.  According to the press release the funeral home is being purchased by Rollings Funeral Service.

The E.P. Mahar and Son Funeral Home was established in 1935 by Edward and Olga Mahar and has been a mainstay of the Bennington business community since that time.

Here is a map and more information on the Rollings Funeral Service locations.

Here is the website for the NewBridge Group

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New Funeral Home in Middletown, Ohio

According to this article from WCPO in Cincinnati, a new Mueller Hicks Funeral Home and Crematory will become the 7th funeral home in the community with a population of slightly over 50,000 according to the 2020 United States Census.  Mueller and Hicks operate single funeral operation in Mason, Ohio, at this time.

The new funeral facility, which is slightly behind on its opening schedule because of Covid-19 delays will have an onsite crematory that will, according to the article, be used by both facilities.  The new funeral home will be opened in a former Lone Star Restaurant location that is being remodeled.

Partner John (Jack) Mueller says this in the article, “. . .  (he) has 39 years of funeral home experience and Hicks has 24. . . . being a family-owned funeral business allows them to offer “fair and affordable” services that are less expensive than corporate-owned funeral homes. . . . .This is exciting for us.  The city is trying to revitalize and we can make a difference in the community.”

Here is the website for the Mueller Funeral Home in Mason, Ohio

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