Foundation Partners

Foundation Partners adds Washington state acquisition

By Funeral Director Daily / April 1, 2021 /

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,…

Read More

It’s about demographics

By Funeral Director Daily / December 11, 2019 /

In the last couple of years it seems that we have seen no slow down in the marketplace for the acquisition of large family owned metropolitan death care businesses by the public company, venture backed, or equity partner backed large scale operators in the business.  You need think no farther back then last weeks announcement…

Read More

Foundation Partners adds locations

By Funeral Director Daily / December 9, 2019 /

In a press release issued last week Foundation Partners Group announced that it had purchased a group of funeral and cremation operations.  The group consists of three business, that were owned by one party,  known as Advent Funeral and Cremation Services with locations in Falls Church, Virginia, and Lanham, Maryland.  Also included in the purchase…

Read More

Foundation Partners adds another acquisition

By Funeral Director Daily / November 7, 2019 /

Acquisitions continue to be announced in the death care business.  It seems that there are a lot of businesses where the ownership is ready to transition out of the profession and there is an ever growing number of neighbor, regional, and national providers of funeral and cremation care that are intent on getting larger. In…

Read More

Foundation Partners divests location

By Funeral Director Daily / June 3, 2019 /

It was announced on Friday in this article that the Shaw & Sons Funeral Home of Yakima Valley, Washington, was under the ownership of Jamin and Kara Mohler.  According to Jamin Mohler who stated, “Shaw & Sons has once again become a family-owned, local, neighbor-serving-neighbor funeral home”. The funeral home was started in 1899, and…

Read More

Foundation Partners adds Arizona Firm

By Funeral Director Daily / January 17, 2019 /

Earlier in January it was announced that Foundation Partners Group had acquired the Angel Valley Funeral Home & Old Pueblo Crematory in Tucson, Arizona.  According to a press release from Foundation Partners that you can read here, Mike and Dee Dee Orcutt had owned the business for about ten years prior to this change of…

Read More

Could we have an LBO or Hostile Takeover in the Death Care Industry

By Funeral Director Daily / December 31, 2018 /

One of the things that I find interesting about the death care industry is the continuing consolidation and spin-offs that seem to always occur.  Get a few funeral directors together and they are always talking about who is acquiring who. I’ve been around long enough to see upstart Prime Succession grow fast and then be…

Read More

Strategic Acquisitions Continue

By Funeral Director Daily / December 13, 2018 /

Mergers and acquisitions in the death care space are nothing new and actually seem to be accelerating in not only the retail funeral home and cremation space but among suppliers as well.  Earlier this week we learned of Foundation Partners Group acquiring the Loyless Funeral Homes of Florida and we learned of Wilbert Funeral Services,…

Read More

The Revenue Drop

By Funeral Director Daily / October 30, 2018 /

While I did not attend the recent National Funeral Director’s Association gathering in Salt Lake City, I recently visited with an attendee about the gathering.  One of the things that this veteran funeral director told me was that he cannot remember a time when so many traditional funeral home owners talked about revenue declines and…

Read More

Acquisition News — Foundation Partners/InvoCare

By Funeral Director Daily / September 21, 2018 /

Foundation Partners, based in Orlando, Florida recently announced that they had made an acquisition to their family of brands.  They announced that they had acquired Legacy Funeral & Cremation Care in San Diego County, California.  You can read a press release here. The purchase from the Savino family represents an opening into the San Diego…

Read More