Tag: Foundation Partners Group

Finance

Foundation Partners keeps acquisition train rolling along

Only about ten days removed from announcing the acquisition of a funeral home in northeast Minnesota, Foundation Partners Group made another announcement at the end of last week.  The press release goes on to say that Foundation Partners Group, the private equity backed funeral home and cemetery consolidator and operator, has reached an agreement to acquire The Springs Funeral Services of Colorado Springs, Colorado. The announcement goes on to say that with these two new locations, Foundation Partners will now […]

Finance

Foundation Partners Group adds to Minnesota locations

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 home began in 1936 as the Northland Cooperative Burial Association and operated as an association until taken private in 2009 by Bob and Karen Atkins.  […]

Finance

Foundation Partners adds Washington state acquisition

Foundation Partners Group (FPG), the privately held death care consolidator with headquarters in Orlando, Florida, announced earlier this week an acquisition to add to their 160 plus facilities. In this press release you can read that FPG acquired the Klontz Funeral Home and Cremation Services company based in Auburn, Washington.  According to the press release, this will give FPG 11 locations in the state of Washington.  Here is a United States map showing Foundation Partners locations. According to the press […]

Finance

Access Holdings raises $630 million for investment expansions

We learned last week, and you can read more in in an article found on this page from Access Holdings, that the Baltimore based investment firm had secured $630 million in credit facilities to assist it as it goes forward in building out its platform of companies. As you may know, Access Holdings is the mid-market investment firm that is supporting the “buy and build” approach of Orlando based death care company Foundation Partners Group (FGP). According to the press […]

Cemetery Cremation

The importance of permanent memorialization

The pyramids in Egypt were built to give permanent memorialization to the rulers of that land.  The tomb of the 13th Disciple to Christ, Matthias, can be seen to give credence to his life.  George Washington, known by many as the Father of America has a burial site at his Mount Vernon home. However, there can be no doubt that we are on a trend line to make permanent memorialization an afterthought to human life.  And, I think that is […]

Cremation Finance

Changing the Paradigm

Last week Foundation Partners Group issued a press release through Cision PR Newswire that you can read here.  The release dealt with some of the company’s ten year history in that it has grown into a company with nearly 160 locations serving over 75,000 families annually. Another thing that the release shouted was that Foundation Partners Group (FPG) serves a clientele that chooses cremation for 86% of its dispositions.  It’s noted that FPG believes that is an industry leading metric […]

Finance

Foundation Partners Group keeps on rolling along

Last week we received news that Foundation Partners Group, the Orlando based funeral, cremation, and cemetery business operator made another acquisition that added eight death care locations to its portfolio as well as a pet death center.  The company purchased Cascade Funeral Directors, Inc. (Cascade) which encompassed the aforementioned companies. The acquisition added locations in the Portland and Salem, Oregon locales.  It included six Crown Memorial Centers, Canby and Molalla Funeral Chapel, Autumn Funeral Cremation & Burial, and Dignified Pet […]

Finance

Foundation Partners adds New Mexico locations

It didn’t take long into 2021 to hear of news on the acquisition front.  This press release will tell you of the Foundation Partners Group (FPG) acquisition of three funeral homes in New Mexico. According to the press release the company acquired the Riverside Funeral Homes located in Albuquerque, Los Lunas, and Santa Fe, New Mexico.  These three locations will be FPG’s first foray into the New Mexico market. The funeral homes were owned by Charlie Finnegan who had expanded […]

Finance

Foundation Partners Group adds Florida funeral homes

Earlier this week Foundation Partners Group, the Orlando based funeral home, crematory, and cemetery operator announced that it had purchased a company that operated three locations in Southwest Florida.  You can read the press release on the acquisition here. Foundation Partners Group announced that it had acquired the Akin-Davis Funeral Homes.  They also announced that this addition will bring their total number of funeral homes in the state of Florida to 30 locations. Akin-Davis Funeral Homes have served their communities […]

Afternoon Edition

Heading into the weekend . . . .

It’s Friday and we are heading into the weekend preceding the Thanksgiving holiday.  With all of the death care companies reporting earnings reports in the last couple of weeks and our coverage of those we have a few articles that we feel our readers should have access to, yet we are not able to feature them in individual articles. So, here are some links that you can check out on your own this weekend. . . . .and they bring […]