Finance

More information on Toale Brothers/Dignity Memorial

By Funeral Director Daily / July 18, 2018 /

Last week we brought you a press release about the renaming of funeral homes in the Sarasota, Florida area.  The funeral homes, operated by Service Corporation International were rebranded with a derivative of the Toale family name. We also told you in our article that the press release was somewhat odd and vague and we…

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Carriage Services adds two locations in Mid-Atlantic Area

By Funeral Director Daily / July 17, 2018 /

Last week Carriage Services, a funeral service public company based in Houston, Texas, announced that they had acquired two funeral homes in the State of Virginia.  You can read the press release here. The release announces the acquisition of the Covenant Funeral Homes in Fredericksburg and Stafford, Virginia.  The release goes on to say that…

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Park Lawn makes British Columbia Purchases

By Funeral Director Daily / July 6, 2018 /

In a news release provided by Park Lawn Corporation that you can read here, the company announced on July 5, 2018, that they are purchasing the Hanson Arbor Funeral Chapels in the Okanagan Valley of British Columbia.  The purchase will bring four funeral homes and a crematorium into the Park Lawn family. The release also…

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InvoCare Continues Purchase Pattern

By Funeral Director Daily / July 6, 2018 /

InvoCare, Australia’s leading national provider of funerals and cremations, announced earlier this week that it will continue to build its regional markets.  They did so in the New South Wales/Victorian border area by purchasing the Lester and Son Mortuary.  You can read a clip on the acquisition here. The purchase includes two fully equipped funeral…

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StoneMor Partners Continues Moving Forward

By Funeral Director Daily / July 2, 2018 /

Last week cemetery and funeral home consolidator StoneMor Partners issued press releases regarding their company.  In essence the releases shared the following information: Release of Preliminary Unaudited 2017 Full Year Financials The appointment of a new CEO for the company, Mr. Joe Redling The establishment of a committee to look into the possibility of changing…

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What Price is Too High?

By Funeral Director Daily / June 20, 2018 /

I was driving into a board meeting on Monday and listening to one of the business channels on Sirius Radio.  The topic that came up and was being discussed was the potential acquisition of Fox by either Disney or Comcast.  As you may know, Fox  was given an acquisition offer by Disney last December at…

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InvoCare adds two heritage funeral homes in New Zealand

By Funeral Director Daily / June 15, 2018 /

InvoCare Limited, the market leading funeral home firm in Australia, announced Friday that it will be closing on two acquisitions from the South Island of New Zealand on June 22.  You can read a clip about this from Motley Fool Australia here. The company will acquire Hope and Sons Funeral Directors in Dunedin and  Whitestone…

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Checking in on the Death Care Index

By Funeral Director Daily / June 13, 2018 /

Part of what we try to do at Funeral Director Daily is to keep you updated on all things funeral service.  One of the ways we do that is by watching what is happening with the publicly held death care community stocks.  Here are the stocks that we check up on regularly and compute the…

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Gerlach on Carriage Services

By Funeral Director Daily / June 12, 2018 /

We found a short opinion on the stock ownership values of Carriage Services today by Douglas Gerlach and published on Moneyshow.com.  We present you the article here with no opinion on our part. [wpforms id=”436″ title=”true” description=”true”]

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Service Corporation adds Board Members

By Funeral Director Daily / June 8, 2018 /

Last week Houston based funeral home conglomerate Service Corporation International (SCI) added two new members to its board of directors.  A press release from SCI that you can read here announces the appointments of Jakki L. Haussler and Sara Martinez Tucker as the new members. According to the release, SCI CEO Tom Ryan stated that…

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