cremation business
It’s not all that common but it does happen in the death care profession from time to time. The “it” I’m talking about is regulatory infractions that can cause a funeral home or other other death care business, such as a crematory, to be shut down for some period of time. When it does happen…
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Editor’s Note: I apologize for the tardiness of this article today. This post was scheduled to go out as usual at 4 am Eastern Time, but for some reason, technology failed us. Enjoy some thoughts to think about as we move into the weekend. My first trip to Europe in 1991 reminds me that I’m…
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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…
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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,…
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Amazon’s Prime Day concluded Tuesday in what was the 7th annual event for the company. My understanding is that Prime Day was dreamed up as a 20th Anniversary celebration of the company in 2015. 2020 sales for the company in what is actually a two-day event (Monday/Tuesday) were reported as $10.4 billion and estimates are…
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“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…
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It was announced last week in this press release that Orlando, Florida based Foundation Partners Group has acquired the Atkins-Northland Funeral Home & Cremation Service located in Cloquet, Minnesota. According to the press release, this addition brings the Foundation Partner Group count in Minnesota to six locations. Again, according to the release, the acquired funeral…
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StoneMor, Inc. released its 1st Quarter financial results on May 13 and with it announced that they had completed their private offering of $400 million in Senior Notes. There seems to be no doubt that the refinancing and operational results reported in the May 13 report have lifted the spirits of the company. Here’s what…
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Batesville, a division of Hillenbrand Industries, reported their Fiscal Year 2nd Quarter during the first week of May. While the entire company revenue increased 11% year over year, Batesville, the funeral service side of the business, increased their revenue by over 20% to a quarterly volume of $166 million. Here’s what was said in the…
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An online cremation provider has been opened in the Nashville and Middle Tennessee areas according to this press release. Lumen Cremation, LLC, makes a point to mention to consumers that every cremation will be performed by a well-established Nashville mortuary that owns its own crematory. Lumen Cremation touts in the press release that “. .…
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