Tag: funeral consolidation

Business

Legacy Funeral Group Purchases Alabama Locations

  According 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). Legacy Funeral Group is a regional consolidator of funeral homes based in Texas.  They own approximately 110 funeral homes and, according to the press release, […]

Finance Preneed

Great Western Insurance Company to be Acquired

In an article from the Think Advisor which you can read here it was reported that Ogden, Utah based pre-need life insurer Great Western Life Insurance is going to be acquired by American Republic Insurance of Des Moines, Iowa. Great Western is a privately held life insurance company, specializing in Pre-Need funeral insurance started by a funeral industry family in 1983 – the founder, John Lindquist, still serves as CEO and Chairman of the Board.  It is reported that the […]