Funeral Director Daily
This article from the Australian Financial Review states that, even as the due diligence period is being extended for giant private equity firm TPG Global in their pursuit of Australia’s largest Death Care company, InvoCare, it is purported that TPG’s offer is more than 14 times the forward forecast EBITDA for InvoCare.…
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The Cremation Association of North America (CANA) will soon be convening their 105th Cremation Innovation Convention in Washington D.C. from August 9-11. The organization composed of members from the funeral home, cemetery, crematory, supplier, and consultant world will feature a roster of outstanding individuals and topics in their learning workshops throughout the…
Read MoreAccording to this recent article from Yahoo Finance, businesses, including funeral homes, may find their employee health care costs rising by up to 7% in 2024. And, that is on top of increases of 5.5% in 2022 and 6% this year. According to the article, “. . .hospitals and providers will often…
Read MoreFuneral Director Daily ran an article last Friday on the offer made by Park Lawn Corporation in its quest to acquire Carriage Services. You can read that article here. One of the reader comments to the article indicated that Carriage Services carried “too much debt” and that was hampering, and will continue to…
Read MoreThis topic might seem like a reach in a blog with the title of Funeral Director Daily. However, there are a great many funeral directors working in the field right now whom this decision will probably affect in a negative fashion and owners of funeral homes, who have these young people as…
Read MoreThis afternoon we are bringing you a great conversation that our friends, Danny Jefferson and Alan Creedy, have at the “Two Guys and a Question” podcast. In this 10-minute podcast Creedy and Jefferson take on the question, “Embalming: Is it still relevant?” Turns out they think so. . . . listen…
Read MoreI receive the “Memorial Business Journal” from the National Funeral Directors Association (NFDA) every week and when I received it a couple of weeks ago I was excited to look at some of the findings from the 2023 NFDA Consumer Awareness and Preference Survey. I looked at the results somewhat with…
Read MoreToday is the 4th of July — the day that America celebrates its independence of becoming its own self-governing country. For me it evokes thoughts of freedom, independence, ingenuity, self-governance, and patriotism. It also brings out the thought process of working to improve one’s self. . . .building yourself up or inventing…
Read MoreIn the day of almost universal cell phone use you might find this hard to believe but, the leading paging company in America says that they still have at least 800,000 pagers in use across the United States. That’s down almost 90% since 2004 when the company reported 6.6 million pagers in use,…
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