Finance
Yesterday, July 19, Seeking Alpha published a pretty in-depth investment article from Livingston Investments on funeral home and cemetery operator Service Corporation International. The article is entitled, “Service Corporation International: Crisis reslient business with a premium to fair price”. You can access the article here. There was a couple of statements in the article that…
Roosevelt Investments, a boutique wealth management firm located in Midtown Manhattan with 50 years of experience providing comprehensive financial planning and asset management services to cemeteries, funeral homes, and their owners, offers a free webinar on Monday, July 19th. The webinar is entitled “Update on Financial Markets – Midyear Check-In: Navigating an Early Cycle Economy”. …
It was announced last week in this press release that Foundation Partners Group (FPG), based in Orlando, Florida, added another Florida location to its footprint in that state. It was announced that the Farley Funeral Homes and Crematory would be acquired by Foundation Partners Group giving the cremation heavy consolidator 35 locations in the state…
Canada’s privately owned funeral home and cemetery company, Arbor Memorial, was recently selected as a “Gold Standard Winner” for Deloitte’s Best Managed Companies award for the 4th straight year. The award is the country’s leading business award program recognizing entrepreneurial companies for the caliber of their management abilities and practices. You can see a press…
As we move into the seventh month of the calendar year, we felt that it was a good time for a check up on the Funeral Director Daily Death Care Index (DCI). The DCI is a composite dollar amount of owning one share of stock in each of the seven public companies in the United…
New ideas come to the forefront in all industries from time to time. Some never get going, some ideas stagnate, but it is really exciting when you see some ideas and concepts catch a tailwind and continue to move forward. In the last couple of weeks we have seen news from two death care start-ups,…
The Pittsburgh Post-Gazette recently published this article on Matthews International entitled “From tombstones to fuel cells, Matthews International wants to leave its mark on clean mobility“. The article is a great read on Matthews and reminded me that this “quiet company” of funeral service continues to make a difference every day, not only in the…
Earlier this week Foundation Partners Group (FPG) announced that they have increased their location count to 12 in the state of Colorado by purchasing the entities affiliated with Seitz Funeral Services. In the press release which you can read here, Foundation Partners Group announced that the Seitz Funeral Services group includes Adamson Life Celebration Home,…
“One flat price. $895. No Surprises.” That’s how direct cremation provider Solace describes themselves on their web-site. And now, according to this article in Geekwire, they have some cash behind them to spread that narrative about their company. Geekwire mentioned earlier this month that Solace has closed an oversubscribed funding round of $1.745 million with…
Only about ten days removed from announcing the acquisition of a funeral home in northeast Minnesota, Foundation Partners Group made another announcement at the end of last week. The press release goes on to say that Foundation Partners Group, the private equity backed funeral home and cemetery consolidator and operator, has reached an agreement to…
