Funeral Director Daily
Service Corporation International (SCI) is the largest operator in North America among funeral home and cemetery operators. They will do somewhere near $4.2 billion in revenue this year while we believe their largest competitors, Carriage Services and Park Lawn Corporation will do somewhere about $400 million and $300 million respectfully. In essence, by…
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The Cremation Association of North America (CANA) sponsored Funeral Professionals Peer Support celebrates it’s 3rd birthday with tomorrow night’s virtual meeting. It was in 2021 when the meetings first started and according to information from CANA tomorrow’s meeting “will reflect on three years of change and growth in the funeral profession”. CANA…
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Over the years I’ve made lots of friends in funeral service. One of them is Janet McGee. . . . Janet worked as a licensed funeral director, then in banking, and attained her MBA. She’s done other things, too, but she is now on the faculty at the University of Minnesota teaching business classes…
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“The company’s attractive business model and growth potential made it appealing to private equity buyers.” . . That’s one of the three bullet point remarks about the proposed Park Lawn Corporation sale made at the beginning of this piece by Sandpiper Investment Research that was published Wednesday, June 12 by Seeking Alpha. Here’s…
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According to information that I have believed reliable not every death requires an estate attorney to settle an estate. However, with every death in which there are assets left somebody has to find those assets and distribute them to the heirs. I recently came across a product, Sunset, that advertises that “(The…
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It was back in 1926 that 31-year old movie star Rudolph Valentino died in New York City. The Frank E. Campbell Funeral Home was selected to serve the family and that funeral probably changed the direction of the funeral home. . . now sometimes referred to as “The funeral home to the stars“. …
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Last Monday, June 3, Park Lawn Corporation (PLC) made an announcement through this press release that they had an agreement to be acquired by Viridian Acquisition Inc., a company formed with assets of Homesteaders Life Company and Birch Hill Equity Partners. The announcement stated that Viridian would “purchase all of the issued and…
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A recent episode of the podcast “Two Guys and a Question” brings up the topic “What happens when there is too much month at the end of the Money?” Industry experts Danny Jefferson and Alan Creedy discuss the importance of keeping the cash-flowing in your business during this 11-minute podcast. You can…
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If you follow the Death Care financial markets, and even if you don’t but are involved in funeral service, it would have been hard for you to miss the number of “take-private” company movements from public company domains in the last couple of years. I’m reminded of this by last week’s announcement that…
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“. . . . delivers a compassionate and thoughtful approach to saying goodbye to loved ones“. That’s a quote from one of the testamonials that I discovered when I looked up Tomorrow Funerals of Australia. I come across a lot of things when I am researching articles for Funeral Director Daily. And,…
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