funeral acquisitions
Last week funeral home and cemetery consolidator and operator Carriage Services reported their 3rd quarter results for 2019. After some disappointing results in the past year, the 3Q report was filled with enough upside results to put a little jump in the step of Carriage Service executives and stockholders. You can see the company results…
Read MoreIt was announced yesterday in this press release that funeral home and cemetery consolidator Carriage Services had acquired the Rest Haven Funeral Home and Cemetery, based in Rockwall, Texas. The press release went on to say that this purchase represents Carriage Service’s first foray into the large and strategic market of Dallas-Fort Worth. Again, according…
Read MoreLast week I read this article from the Minneapolis Star Tribune focused on the Fortune 500 company, General Mills. General Mills is a Minneapolis based company – and has been for a long time – which leads to much media coverage for them in the state of Minnesota. The article pertained to the fact that…
Read MoreIt 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 MoreFoundation 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 MoreWhen Funeral Director Daily made our 2018 predictions, one that we made was that we thought Canadian funeral and cemetery operator, Park Lawn Corporation, would be aggressive in building its network of funeral homes and cemeteries in the United States. If you did not agree even when they made a purchase of approximately $US…
Read MoreAn article that appeared recently on the Bolivarmonews.com web-site which you can read here announced the merger of two funeral homes in Buffalo, Missouri into one facility. It was announced that the Cantlon-Otterness Funeral Home and the Montgomery-Viets Funeral Home will become one entity owned by the Howe family of Lebanon, Missouri. The Howe family…
Read MoreYesterday Park Lawn Corporation announced another acquisition of a funeral home. Fresh off the announced purchase of seven cemeteries in New York and New Jersey last week for a combined price of close to $50 million, the Toronto based company announced the purchase of the Billingsley Funeral Home in Huntsville, Ontario. In a press release…
Read MoreAccording to a press release that you can read here, Legacy Funeral Group of Texas has purchased the Magnolia Chapels of Tuscaloosa, Alabama. Magnolia Chapels has served the Tuscaloosa area with two chapels since its founding in 1999. (The link will lead you to Legacy’s web-site where you can learn more on the company).…
Read MorePark Lawn Corporation, the funeral industry consolidator out of Toronto, Canada, announced yesterday in this press release that they have obtained additional credit facilities which will poise them for further growth. The company announced a $125 million facility with the National Bank of Canada as the lead lender and participation from the Bank of Montreal…
Read More- « Previous
- 1
- 2
- 3
