death care acquisitions

Will 2024 be a year of “Mergers and Acquisitions”?

By Funeral Director Daily / December 18, 2023 /

  I think it is fair to say that overall investors have been wary of the inflationary environment and rising interest rates over the last couple of years.  However, one side benefit to that wariness may be, according to this article from Marketwatch, that “capital waiting to be deployed” in the private equity market has…

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Park Lawn/Everstory Partners agree on properties sale

By Funeral Director Daily / October 18, 2023 /

    Park Lawn Corporation announced yesterday in this press release that they have reached an agreement to sell at least 83 death care properties, consisting of 72 cemeteries and 11 funeral homes to Everstory Partners, the new brand of the former StoneMor company.   Here’s what the press release states:  “The divestiture includes 72…

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Carriage Services reports 2021 Year End, CEO Payne states “Succession Plan Format”

By Funeral Director Daily / March 1, 2022 /

I think it is fair to say that Melvin Payne, CEO and founder of Carriage Services is an unusual leader — but, it is also probably fair to say that Payne’s style of leadership has been effective since the inception of Carriage Services in 1991. In last week’s published 2021 4th Quarter and Year End…

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