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Online memorial startup Memories brings in over $30 million in funding. . . InvoCare invests $4 million

By Funeral Director Daily / August 25, 2021 /

Online memorials seem to be one of the likeliest winners among potential start-ups in the Death Care space. . . . at least that is what it is looking like from the investment community.  According to articles that we link below it appears that over the summer months the Australian based Memories has raised over…

Improve your death care business by always learning more

By Funeral Director Daily / August 24, 2021 /

If you have followed my articles for any length of time you know that I enjoy business and the many facets that enter into being a profitable company.  I like to think I know the funeral home business pretty well as I operated my own funeral home for 33 years creating budgets that lead to…

Johnson Consulting’s Jake Johnson on the acquisition market

By Funeral Director Daily / August 24, 2021 /

Acquisitions: what 2021 taught us and what we can forecast Editor’s Note:  We’ve seen some movement in the acquisition market so Funeral Director Daily asked one of the experts in the industry, Jake Johnson, to comment on what he has seen so far in 2021 and what may lie ahead.  His comments follow: Jake Johnson:…

Park Lawn Corporation Revenue, EBITDA improves for 2Q and Fiscal half-year

By Funeral Director Daily / August 23, 2021 /

Park Lawn Corporation, the Toronto, Ontario based funeral home and cemetery consolidator and operator announced 2nd Quarter financial results earlier this month.  For the company, revenue increased 8.5% to $88.4 million (US $68.9 m) from last year’s 2nd Quarter revenues of $81.5 million (US $63.59 m).  Adjusted EBITDA increased for the same time period to…

Short on staff? . . . . Global Recruiters may be able to help

By Funeral Director Daily / August 20, 2021 /

If you follow the news you know that employment staffing is difficult all over America right now.  The death care profession is certainly no different.  If you are looking for staff or you are an individual that wants to know what is available in the death care employment field, you need to give Global Recruiters…

Reflections. . . a different week at Funeral Director Daily

By Funeral Director Daily / August 20, 2021 /

It’s been kind of a funny week at Funeral Director Daily.  Each day of the week I look for articles pertaining to the death care industry to offer up to my readers.  Most deal with funeral business, new products, new ideas, financial results, cemeteries, and the preneed industry.  This week, it seems like I’ve done…

Funeral Director Daily top read stories in the last month

By Funeral Director Daily / August 19, 2021 /

It is already past the 15th of the month when we highlight and replay for you our top read stories of the past 30 days.  While we hope you read all of Funeral Director Daily’s blog posts we also realize you are busy and certainly will miss some days.  Here are our most read posts…

StoneMor Inc. partners with Empathy. . . .Reports 2nd Quarter financials

By Funeral Director Daily / August 19, 2021 /

StoneMor, Inc. the Pennsylvania based operator of cemeteries and funeral homes last week announced a partnership with end-of-life technology support start-up Empathy.  Empathy is, as they say, powered by technology and driven by purpose in helping grieving families handle countless tasks following the death of a loved one.  The company describes itself as “a service…

Hillenbrand revenue increases, Batesville division sales and EBITDA drop

By Funeral Director Daily / August 18, 2021 /

Hillenbrand Industries, parent company of Batesville, reported their Fiscal Year 3rd Quarter earlier this month.  Their FY 2021 3Q comprises the April, May, and June 2021 business period.  You can see the complete report here. Here’s what CEO Joe Raver said about the quarter, “We had another strong quarter of performance with exceptional cash generation…

Another start up in Death Tech. . .another player in caskets

By Funeral Director Daily / August 18, 2021 /

I had contact with an industry friend who had just returned from the Cremation Association of North America (CANA) convention last week.  She indicated to me that it was good to get back to an in-person gathering and see old friends.  One of the other things she indicated is that, in her opinion, how the…