Finance

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

Foundation Partners why I partnered

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 Ohio footprint.

According to the press release of August 19, that you can read here, Busch is solely family owned and operated, and offers burial, cremation, and preplanning services. Busch’s seven existing locations are updated with modern amenities, and the firm takes pride in providing personalized, genuine care for every family they serve.

Here is the website for Busch Funeral and Crematory Services

Australia’s Propel Funeral Partners acquires Mason Park Funerals of Wangaratta, Victoria, Australia.  Propel Funeral Partners, a public company traded on the Australian stock exchange, noted in this release that it had acquired Mason Park, a 200-call funeral home for AUS $ 5.2 million (US $ 3.63 million).

According to the release, Propel Funeral Partners is the second largest private provider of death care services in Australia and New Zealand. Propel currently operates from 144 locations, including 32 cremation facilities and 9 cemeteries.

Here is the website for Propel Funeral Partners

Here is the website for Mason Park Funerals.

Enter your e-mail below to join the 2,836 others who receive Funeral Director Daily articles daily:


 

Print Friendly, PDF & Email

Leave a Comment

Your email address will not be published.