Funeral Director Daily
Most businesses that I know of are transactional in nature. They take a fee and give their customer a product or service in return for that fee. Funeral homes tend to be transactional — we charge a family for the services and merchandise we render and then we provide those products and/or services…
Read MoreFuneral Director Daily’s Death Care Index (DCI), which is reflective of Death Care public companies public stock prices, has grown at a pace of about 9.7% for the first six weeks of calendar year 2023. That rate of increase surpasses both the Dow Jones Industrials and the S&P 500 indexes during the same…
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We will end this week with news of another acquisition in the Death Care space. This press release from earlier this week announced Park Lawn Corporation’s definitive agreement to acquire Kansas City metro area based businesses that include substantially all of the assets of Carson-Speaks Chapel in Independence, Missouri; Speaks Buckner Chapel in Buckner,…
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The last year has brought many changes to Death Care as it pertains to those companies that have been operated in the public markets. Both StoneMor and Dignity plc have been taken out of the public realm and into private ownership space and Batesville has been spun-out of Hillenbrand Industries and purchased by…
Read MoreTrust me. This will not be a political article but I got the thought for it when I read this article in the Sunday Minneapolis Star Tribune entitled, “The Grayest Generation – the torch has been passed to the oldest pair of presidential front-runners ever. Is it time for a younger generation?” …
Read MoreThis morning’s article related to the changing face of religion and how that has affected the funeral/memorial/tribute portion of the death care business over the past couple of decades. Over the weekend I noticed a couple of items that signaled current trends and put out the question as to whether or not these…
Read MoreThere is not only a lot of talk lately about the funeral, memorial service, and celebrations that families are contemplating in the future for themselves and their loved ones, but there is also a lot of investment money being spent on companies who want to be on the upside swing of what these…
Read MoreIt’s probably happened to all of us at one time or another. You thought the answer you received in a buying decision was the final answer, but, at the end of the day, it turned out to be a partial answer and you became a disappointed purchaser of that good or service. …
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Earlier this week we received notice that LongRange Capital has completed the acquisition of Batesville. The transaction of purchasing the Batesville Company from public company Hillenbrand Industries was announced late in 2022 and apparently now has been completed. In addition, the private equity firm announced in this press release that Batesville CEO…
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Victoriaville & Co., the Canadian based company that provides death care merchandise on three continents, announced in this press release a 67,000 square foot manufacturing facility in Cleveland, Ohio. According to Alain Dumont, President and CEO of Victoriaville & Co., “This manufacturing addition to our existing capacity has become necessary in order to…
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