Funeral Director Daily
Foundation Partners Group (FPG), the privately held death care consolidator with headquarters in Orlando, Florida, announced earlier this week an acquisition to add to their 160 plus facilities. In this press release you can read that FPG acquired the Klontz Funeral Home and Cremation Services company based in Auburn, Washington. According to the press release,…
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Park Lawn Corporation reported their 2020 4th Quarter and Year End financial numbers earlier this week and the press release, which you can read here, states “. . . PLC finished 2020 with a powerful performance in Q4, which included achieving significant growth in revenue, net earnings, Adjusted Net Earnings, Adjusted EBITDA, and Adjusted EBITA…
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If you are operating a business, such as a funeral home or cemetery, and that business has been around for several years, whether you like it or not, that business has a perception to the public. The good news is that if the business has been around for a length of time, then it is…
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You can read in this article and video report that the State of Maine legislature has before its Health and Human Services Committee a bill that would allow non-profit entities to carry out open-air cremations and then scatter the remains on the property owned by the non-profit. The bill would require the non-profit to own…
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In a report issued last week, StoneMor Inc. released its financial results for the 4th Quarter of 2020 and for the full-year of 2020. Here’s what CEO Joe Redling said in the report that you can read here, “The groundwork that was laid with our transformation initiatives, allowed StoneMor to produce another very strong quarter…
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One of the most exciting initiatives since I have been involved in the funeral business has been brewing and is about to be presented to the industry through the philanthropy of the Funeral Service Foundation and the ICCFA Educational Foundation. These two organizations have collaborated to bring us the “Journey to Serve” initiative which is…
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We are funeral directors and others in the death care business. We make our living because of the inevitable mortality of the human race. We make our living because of death. However, in America there is too much death. And, I’m not talking just in 2020 and the idea of the COVID-19 deaths that have…
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In what may be an indicating sign that StoneMor Inc. is beginning to come out of its realignment phase, it was announced yesterday that the Pennsylvania based consolidator and operator of cemeteries and funeral homes has acquired four cemeteries. This press release indicates that the four properties are all located within the Eastern geographic footprint…
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We learned last week, and you can read more in in an article found on this page from Access Holdings, that the Baltimore based investment firm had secured $630 million in credit facilities to assist it as it goes forward in building out its platform of companies. As you may know, Access Holdings is the…
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Great Britain’s largest purveyor of death care services, Dignity plc, reported their results for 2020 last week in a very comprehensive report. The results show increased revenues on more death calls, but because of choices made in taking financial impairments on goodwill and trade names it is difficult to get actual year over year comparables.…
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