Finance

Propel Funeral Partners acquires three firms, provides guidance

By Funeral Director Daily / June 25, 2026 /

  Propel Funeral Partners recently announced that they had acquired three funeral businesses that operate out of four separate properties and do an approximate combined 700 services annually.  The company announced that the aggregate revenue of the businesses is US$ 2.8 million and the total “earn out” price paid will be US$ 6.37 million.  …

Canadian funeral firm sells three funeral homes to non-profit organization

By Funeral Director Daily / June 24, 2026 /

  We learned last week from this article in the Peterborough (Ontario) Examiner that the Hendren Funeral Homes have sold their three funeral homes to Opus Tribute Group.  According to the article, “Opus Tribute Group is a community governed, not-for-profit organization that has been in existence for more than 175 years starting out as Little…

Everstory Partners adds New Jersey cemetery to its group

By Funeral Director Daily / June 22, 2026 /

    Everstory Partners the cemetery heavy company that operates more than 460 cemeteries, funeral homes, and crematories in the United States and Puerto Rico announced last week that they had acquired the Franklin Memorial Park in central New Jersey.  You can read about the transaction from the Everstory Partners website here.   The cemetery…

Smith apparently out, Evanger in as CEO, President at Foundation Partners Group

By Funeral Director Daily / June 16, 2026 /

  This press release from Foundation Partners Group (FPG), which is dated Friday, June 12, announces “the appointment of Jim Evanger as chief executive officer (CEO) and president, effective immediately”.   The press release went on to say the following: “Evanger succeeds John D. Smith, who led the organization through its recent ownership transition. In…

Park Lawn continues Oklahoma expansion

By Funeral Director Daily / June 15, 2026 /

  Park Lawn Corporation announced last week, in this press release, the acquisition of Strode Funeral Home and Cremation in Stillwater, Oklahoma.  To our count at Funeral Director Daily, the purchase of this one stand alone funeral home brings to 15 the number of properties that Park Lawn Corporation has purchased in the state of…

Pinnacle Funeral Service acquires historic funeral firm

By Funeral Director Daily / June 10, 2026 /

  The Draeger-Lengendorf Funeral Home of Mt. Pleasant, Wisconson, was founded in 1928 and has served the families of southern Wisconsin for the past 98 years.   This press release from Pinnacle Funeral Service announces that the company has recently acquired the Draeger-Langendorf Funeral Home & Crematory.  According to the press release, the firm is…

Carriage Services makes entry into Greater Knoxville market with acquisition

By Funeral Director Daily / June 8, 2026 /

  You can’t say that you didn’t have a little warning about something coming soon for Carriage Services.  Back on May 7, 2026, in the Earnings Call of Carriage Services’ 1st Quarter 2026 report, President and Chief Operating Officer of Carriage Services, Steve Metzger, made this comment in answer to a question from Alexander Paris…

Public Funeral Home/Cemetery company stock prices have dropped. Why?

By Funeral Director Daily / June 5, 2026 /

    A friend of mine reached out via text message the other day and asked if I had any idea why the stocks of public company funeral home and cemetery operators Service Corporation International (SCI) and Carriage Services had dropped in the past month or so.  It didn’t take me by surprise because since…

Daughter completes acquisitions of family’s firms

By Funeral Director Daily / June 4, 2026 /

    According to this article from the Delaware County (PA) Daily Times Bridget Monaghan Wibble has completed the purchase of the historical Oliver H. Bair Funeral Home that was owned by her father since 2007.  Included in the ownership are the Montrose Cemetery and Memorials in Upper Darby and the Cumberland Cemetery in Middletown…

Funeral homes in Michigan change hands

By Funeral Director Daily / May 26, 2026 /

  “It’s been a good run.”  That’s what funeral director John Kaatz said according to this newspaper article announcing the sale of four funeral homes that he was associated with.   Kaatz, who succeeded his father in the operation of Kaatz Funeral Home and eventually owned facilities in four Michigan cities, reflected on his career…