Funeral Director Daily

Are you ready for the new consumers?

By Funeral Director Daily / September 11, 2024 /

    Within the last week Funeral Director Daily has published articles that all fall within the realm of “Death Care looking to cater to the consumer“.   We’ve published articles on new storefront success stories (Death Done Differently) and on two acquisitions in the greater Death Care space, which in my opinion are quests for…

Batesville moves to expand services to funeral homes, acquires Halcyon

By Funeral Director Daily / September 10, 2024 /

  Roughly 18-months into their journey as an individual operating company, Batesville has made their first acquisition.  And, it should come as no surprise that the acquisition expanded the company’s technology offerings.  It was announced last week, in this press release, that Batesville has acquired Halcyon, a deathcare management system.   Batesville CEO Chris Trainer…

Death Done Differently

By Funeral Director Daily / September 9, 2024 /

    In the last couple of weeks Funeral Director Daily has brought you articles about low-cost online direct to the consumer (DTC) business Eirene cremations seemingly going out of business and about the situation where a Canadian city of about 14,000 people does not have a funeral home.   For a minimum call funeral…

Foundation Partners acquires Cake

By Funeral Director Daily / September 6, 2024 /

    In a press release from yesterday we learned that funeral home and cemetery operator Foundation Partners Group (FPG) has acquired the end-of-life planning company Cake.  The press release, which you can access here, states “Foundation Partners Group, the second largest provider of funeral services in the United States, today announced the acquisition of…

It’s Fall. . . .time to think about your Continuing Education credits

By Funeral Director Daily / September 5, 2024 /

    It’s funny how it happens. . . Yesterday was Summer and on Labor Day Monday I woke up to 50 degree temperatures in my Minnesota community.  It made for a great Monday morning run but also reminded me of the new season upon us.   When the calendar turns to September I get…

Mobility, remote locations may cause lack of services for consumers

By Funeral Director Daily / September 4, 2024 /

    There is no doubt that there is a trend of greater mobility to preferred residential locales for retired citizens and we also know that the choice of cremation services, especially direct cremation with no services, over earth burials causes loss of margin for traditional funeral homes.  This article from CBC Canada titled “Grieving…

The “Cremation After Market” . . .and more funeral service thoughts

By Funeral Director Daily / September 3, 2024 /

  Funeral Director Daily operator Tom Anderson had the privilige to be a guest on the podcast “Two Guys and a Question” recently.  You can listen to the recent episode where Anderson shares many of his viewpoints, including what he believes is the burgeoning “Cremation After market” potential.   Click here to listen to this…

Is private equity “hunting” Carriage Services

By Funeral Director Daily / September 3, 2024 /

  Last week we learned of an August 1, 2024, event which required the filing of a Securities and Exchange (SEC) Form 13G.  That event was the acquisition of more than 5.0% of the common stock of Carriage Services by an entity.   As you can see from this form, provided by the Carriage Services…

Death Care Index rises on the year. . .still trails general indexes

By Funeral Director Daily / August 30, 2024 /

        Today marks the end of the financial markets for the first 2/3 of the calendar year 2024.  We figured that would be a good time to look at how the financial markets have treated those stocks that still remain in the Funeral Director Daily Death Care Index (DCI).   We found…

The “High Profile” funeral

By Funeral Director Daily / August 29, 2024 /

    I read this recent article from the Wall Street Journal titled “The Hottest Club in town is. . .Run by your credit-card company?”  I’m also pretty aware of the Berkshire Hathaway owned company NetJets.   After I read the Wall Street Journal article (that does have a paywall, but you can listen to…