Finance
While it certainly is speculation on their part, one research contributor at Seeking Alpha, Caffital Research, says this about publicly held funeral home and cemetery operator Carriage Services, “The company has been quiet on the M&A front to improve the financial position throughout 2024, but with debt levels reaching a more desirable level, 2025…
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With one acquisition announced in December and another in January Newcomer Funeral Service, based in Topeka, Kansas, continues to grow. The Newcomer website states “Newcomer Funeral Service Group is an independent funeral home, crematory, and cemetery service provider based in Topeka, Kansas with operations in ten states.” According to this press releasefrom…
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I learned long ago that there is no such thing as a free lunch and there is no such thing as a safe investment. However, sometimes you can get pretty close to a free lunch (all you gave is time) as an attendee at a post-funeral lunch and pretty close with Treasury Bills…
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If you are an investor in the public stock markets — and most people are now with the advent of IRA’s and 401k plans — you would more than likely be pleased with the growth of your investment had you simply followed an investment strategy of investing in the index of stock market holdings…
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Back in early June of this year (2024) many of us were surprised by this announcement that public funeral home and cemetery operator Park Lawn Corporation (PLC) had agreed to be acquired and taken private by a group known as Veridian Holdings. Probably most consequential in that announcement was that one of the partners…
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Funeral Safe announced last week that they had received almost $US 9 million in additional funding to expand their funeral-based consumer finance company. In business since 2016, the latest round of capital investment by Black Lion Ventures will give Black Lion Ventures a controlling interest in the company. Funeral Safe is a United…
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You can read in this press release issued yesterday by Park Lawn Corporation (PLC) that, effective yesterday, they added four stand-alone funeral homes to their company via the purchase of two funeral businesses in the suburban geographic area to the west of Chicago, Illinois. PLC announced the purchase of the Fitzgerald Funeral…
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Funeral Director Daily does a good job of notifying our readers when the large corporate companies acquire new funeral homes. It appears that these transacations are a consistent regular occurrence, although there are some ebbs and flows to the pipeline of deals. We also know that large corporate consolidators and their purchases are…
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While it is all anecdotal on my part, what I’ve seen lately leads me to believe that there is plenty of money in circulation looking for investment and that some of that money will end up going into the Death Care sphere. I’ve noticed it for the last year by having private equity…
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Today is December 2 and we are into the last month of 2024. If you are involved in investments — and virtually everybody in this day and age of 401k’s, IRA’s, 529 Plans, and the like is – you have to admit it’s been a pretty good year. And finally, it has even…
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