cremation business
In this press release from last Thursday it was announced that some leadership position changes at publicly held funeral home and cemetery operator Carriage Services were underway. First and foremost was the announcement that former company Chief Operating Officer and President Carlos Quezada was being promoted to the position of Chief Executive…
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That headline, “Is time up for the Undertaker”, is the headline from this press release issued earlier in May on behalf of Great Britain’s direct cremation provider Pure Cremation. Pure Cremation recently conducted what they call “The Big Future of Funerals Survey” and, according to their conclusions, it points to the fact…
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A reader of Funeral Director Daily recently sent me information on Illinois HB 1367 that is a bill under consideration in the state legislature of Illinois that the bill’s author states in this radio interview will (allow for a) “concept of how cremated remains are handled in the future”. According to this…
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The last of the major public funeral home and cemetery operating companies reported their 1st Quarter 2023 financial report last week. Park Lawn Corporation (PLC) bucked the trend of less revenue for the quarter as compared to the 1st Quarter of 2022 by posting a 4.3% increase in total revenue. Park Lawn…
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It’s been an interesting month to be watching what is happening in the South Pacific if you are a investor in the death care business. TPG Capital, a large United States private equity company, made an unsolicited offer for InvoCare, the largest death care provider in Australia and New Zealand about one month…
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When I mention wardrobes, movies, Shark Tank, and more it doesn’t even sound like a death care publication. Except those subjects and the more common subjects of acquisitions and business predictions lead our Top 5 stories read for the past 30 days on Funeral Director Daily. In the time period from March…
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In this press release, that was released on Tuesday, April 11, we learned a little more about the evolution of StoneMor Inc. as it has transformed to a private company from a public stock ownership company. The press release announces that StoneMor Inc., and its grouping of 389 cemeteries, funeral homes, and cremation…
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Today we are fortunate to have Jake Johnson, CEO of Johnson Consulting Group contribute an article that he has titled, “What we can expect to see in funeral business for the rest of 2023″. As can be expected from an article with that type of title, you will probably come to some conclusions…
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It’s been an interesting first quarter if you are invested in the stock market. We’ve seen interest rates continue to rise and we’ve seen popular opinion on what that might do to technology companies vary. In addition, we’ve seen technology companies reduce their workforce even as some of their stock prices have increased.…
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This article from Business News Australia, that came out on Monday, March 27, indicates that Australia’s largest provider of death care services, InvoCare has rejected a non-solicited offer of $Aus 1.8 billion (United States $1.2 billion) from American private equity player TPG Global made earlier this month. According to the article, TPG…
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