acquisitions

Carriage Services Announces Acquisition

By Funeral Director Daily / August 24, 2018 /

Earlier this week public funeral home consolidator and operating company Carriage Services announced the acquisition of the Presley Funeral Home in Cookeville, Tennessee.  You can see the company press release here. According to the release, Presley Funeral Home owner Bryant Presley will continue employment as the Managing Partner of the firm.  Presley said, “My family…

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SCI to spend $255 million on capexp and acquisitions during 2017

By Funeral Director Daily / February 15, 2017 /

Here’s a summary of the remarks of the Service Corporation International Executive Team during the company’s fourth quarter 2016 earnings call.  You can access the entire transcript at Seeking Alpha. CEO Thomas Ryan on the growth in the company’s preneed revenue:   “We also continue to grow our funeral preneed backlog, hosting a 4% growth…

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