Funeral Director Daily
On Friday we published an article about funeral FinTech and software firm Tribute Technology fetching a reported “more than a billion” dollar amount when sold. That same day we learned in this article that an Idaho funeral tech firm had just received a $4 million venture fund investment from Pelion Venture Partners based in Utah.…
The article that I just read was all about Cremation #17263 that was left at the York, Nebraska, non-profit known as Blue Valley Community Action of York. The cardboard box was left at a drop there in the middle of the night. It was discovered, according to the article you can read here, by volunteer…
Back in September we published this article about Providence Strategic Growth (Providence Equity) planning to put their funeral software firm, Tribute Technology, on the market. At that time. the article that we had read from Barron’s mentioned that Providence believed that they could get a $1 billion offer for their assemblage of companies that they…
Not long after I started writing Funeral Director Daily I received some public relations material from a company out of New York City called Roosevelt Investments. The material came from Nicki Price Adams requesting that I include the material in Funeral Director Daily as she thought it might be relevant to those in the death…
We are in the period of public companies reporting their 3rd Quarter results to the world and it is only a couple of weeks before Hillenbrand, parent company of Batesville Casket Company, and Matthews International, parent company of Aurora Casket Company will give us those results. As most of you know, those businesses have generally…
So, I warned you earlier in the week that I would be doing a column on what was happening with Starbucks and why I thought there was enough general information in what I had heard that it would be useful to people who operate businesses in the death care realm. To refresh you, I had…
The history of funeral directing and funeral home ownership in the United States has been one of passing the torch to the next generation of the family to carry on. My family was no different. . . .we carried our cabinet shop, furniture store, funeral home from the 19th Century into the 21st Century. That…
Service Corporation International (SCI) sometimes takes shots from others in the industry simply because of their size. Being the largest in any business category simply makes you an easy target. Being the largest also means you need great leadership to get on top and eventually stay there. SCI reported record revenues and earnings in the…
Last week Assurant, the large financial conglomerate with operations in 21 countries, announced that they would acquire mobile device software as a service (SaaS) business HYLA. You can read about that in this Associated Press release. In conjunction with that announcement, Assurant also made other announcements including a strategy to divest themselves of what they…
This isn’t what I was planning to write about an hour ago. It’s Friday as I write this and earlier this morning I was on the treadmill watching CNBC with Jim Cramer as he was interviewing Starbucks CEO Kevin Johnson. I thought the interview was very informative on how Starbucks was using the pandemic, that…
