Finance
Since they sold Batesville in February 2023, Hillenbrand Industries has been out of the Death Care business. But, if you are a long-time member of the Death Care community the name Hillenbrand has been synonymous with the funeral profession since 1906 when John A. Hillenbrand purchased the Batesville Casket Company and founded “Hillenbrand”…
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There is a lot happening in the Death Care world. . . especially when it comes to Death Care businesses changing hands. We recently learned that Funeral Partners, one of Great Britain’s largest Death Care providers with approximately 280 locations across the country may be up for sale. And, it may be a…
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I learned through an article from Sky News and in this article from KillBait that Epiris, the private equity firm that acquired London area-based Direct Cremation provider Pure Cremation just over two years ago, is beginning a process to sell the company. Pure Cremation, arguably the most financially successful start-up in Death Care…
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According to the Milestone Funeral Partners website, which you can access here, and information placed on social media, the Maine-based funeral home operator and consolidator added four funeral home businesses to their number in the last couple of months. Announced on August 8 on the company website was information about the acquisition of the…
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Maybe there is something to the ongoing prediction that a whole lot of funeral homes will be changing hands in the next 3 to 5 years. Barely after we were able to get a press release from Park Lawn Corporation out about a funeral home/cemetery expansion in New Mexico we received this press…
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According to this press release from Park Lawn Corporation, the funeral home and cemetery consolidator added what they call their Taos Memorial Gardens adjacent to their existing DeVargas Funeral Home in Taos, New Mexico. In a prepared statement from the press release Park Lawn Corporation Chief Executive Officer Jennifer W. Hay made this…
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This article from Yahoo Finance will inform you that the major indexes of the American stock market all closed at record highs last Friday. During the same week the 3rd Quarter of the year closed and the Funeral Director Daily Death Care Index (DCI) reported a close that indicated a 3.60% increase for…
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Morgan Stanley, a global financial services firm that provides a wide range of products and services, including investment banking, wealth management, consumer banking, and brokerage services, recently made this comment in an article, “Life insurance companies have rapidly evolved into influential players in the credit markets. Their growing footprint is not merely a function…
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Public funeral home operator Propel Funeral Partners released their Fiscal Year 2025 results recently and the results which cover the period of July 1, 2024, to June 30, 2025, show higher revenue and higher net profits for the company. On the downside, however, Propel Funeral Partners (PFP) showed a contraction in funeral volumes…
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According to the company website of Carriage Services they operate 23 locations in the state of Florida. It appears that as of last week when we received this press release from Carriage Services that they are adding two more funeral homes to that total. According to that press release Carriage Services has acquired the…
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