Foundation Partners Acquires South Carolina Firm

Last week we learned that Orlando based Foundation Partners Group had acquired The Island Funeral Home and Crematory and Cremation Simplified in Hilton Head, South Carolina.  According to a press release that you can read here, that purchase expanded Foundation Partner’s network of funeral homes in South Carolina to eleven locations.

Funeral Director Daily take:  This purchase, along with several others over the last couple of years, reinforces our thoughts that Foundation Partners is very actively seeking high cremation percentage firms to join their group.  It could be a great strategy.  Most funeral homes are struggling to hang on to “Revenue per Case” as their cremation percentage grows.  However, if you purchase a funeral home with a high percentage of cremation calls that downside is done and, if you have the right business model, maybe a company like Foundation Partners can raise the Revenue per case in acquired firms.  It is a strategy worth going after.

[wpforms id=”436″ title=”true” description=”true”]

Print Friendly, PDF & Email
Posted in

Funeral Director Daily

Leave a Comment





Subscribe to Funeral Director Daily
Enter your email address to join 3,502 readers who subscribe to all Funeral Director articles.

advertise here banner