cremation business
Park Lawn Corporation (PLC), a publicly-held funeral home and cemetery operator reported their 2023 4th Quarter and 2023 Full-Year financial results last week. In those results, which you can see here, the company reported revenues for both the 4th Quarter and Full-Year of 2023 increasing from the comparable quarter and year. They…
Read MoreAs you get older and older time seems to move faster and faster. For those of us who were in the business back in 2013 we saw the acquisition of Stewart Enterprises, then the 2nd largest funeral home and cemetery operator in the country, being acquired by the largest operator, Service Coporation International.…
Read MoreAmerican funeral home and cemetery operator Carriage Services recently shared the results of their 4th Quarter and Year-End financials with the public. In doing so, and in spite of a continuing COVID “pull forward” impact resulting in modest declines in funeral contract volume experienced during the year, the company reported total 2023 revenues 3.3%…
Read MoreWhat appears to me as about as impressiive line-up of presenters that you will ever find in one day is on tap to tell you what they know about the “Future of Death Care in North America” later this week. On Friday, March 1, you have the opportunity to pick up 6 CEU…
Read MoreA press release dated Tuesday, February 20, 2024, announced that the Park Lawn Corporation had acquired two stand-alone funeral homes and a stand-alone cemetery in the state of Colorado. You can read the press release here. Park Lawn Corporation announced that “it has completed the acquisition of substantially all of the assets…
Read MoreIn a press release that we received this week, from the Newbridge Group, we learned that three funeral homes in the state of Maine had been acquired by Family First Funeral Homes & Cremation Care. The press release also stated, “three funeral homes previously under the ownership of Service Corporation International (SCI) have…
Read MoreIt’s Super Bowl Weekend and you are probably going to hear a lot about what is happening in Las Vegas over the course of the next 72 hours. And, you would have had to be hiding under a rock to not know that superstar entertainer Taylor Swift is bringing her “influence” to the big…
Read MoreWe’ve said it many times before, “funeral home ownership has historically been local, family-owned, and generational”. And while there are a good many really good regional and national consolidators, many times “keeping it local” can be a defining part of what an owner wishes to do when he or she eventually decides to sell…
Read MoreIt was announced in a recent press release that industry veteran Jim Price has joined the team at Johnson Consulting Group. In the press release Johnson Consulting Group described Price as “a distinguished professional with an unparalleled career spanning over five decades in the funeral and cemetery profession. Price’s strategic acumen and proven success record…
Read MoreIn any given year there is a lot that happens in any industry or profession. And, there was a lot that happened in death care in 2023 such as the continuing Federal Trade Commission continuing to look into and holding hearings on the status of “The Funeral Rule”. Or, on the more…
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