funeral home acquisitions
Last year the largest death care service provider in Australia and New Zealand, InvoCare, was taken private in a buy-out by private equity company TPG Global. It appears that action has led to the 2nd largest provider of death care services of those nations, Propel Funeral Partners, to rapidly move forward with their…
Read More
A press release dated Tuesday, February 20, 2024, announced that the Park Lawn Corporation had acquired two stand-alone funeral homes and a stand-alone cemetery in the state of Colorado. You can read the press release here. Park Lawn Corporation announced that “it has completed the acquisition of substantially all of the assets…
Read More
In a press release that we received this week, from the Newbridge Group, we learned that three funeral homes in the state of Maine had been acquired by Family First Funeral Homes & Cremation Care. The press release also stated, “three funeral homes previously under the ownership of Service Corporation International (SCI) have…
Read More
When you look at the map the Ohio River separates the states of Ohio and West Virginia as well as the cities of Steubenville, Ohio, and Weirton, West Virginia. Now, however, the bridge over the Ohio River will not only connect the states and cities but two historical funeral homes as well. It…
Read More
Yesterday Park Lawn Corporation issued a press release stating that “it has declined to participate further in Carriage Services, Inc.’s (NYSE: CSV) (“Carriage”) previously announced strategic review process and that it has withdrawn its all cash proposal to purchase the outstanding stock of Carriage.” The press release which you can read here also…
Read More
From the website of the Parente Funeral Home of Bridgeport, Connecticut comes the announcement that “Kevin Lesko has purchased Parente Lauro Funeral Home, of Bridgeport, from Michael Parente. To assure the seamless transition of his family’s longstanding service, Michael has joined the new funeral care firm. . . . Effective September 1, 2023,…
Read More
It’s the middle of the month when Funeral Director Daily recaps our top read stories of the past 30 days. This month we have proved that our search engine presence is alive and well as a story that originally ran in 2018 was the top read story of the month. Of…
Read More
I recently saw a video where Johnson Consulting CEO Jake Johnson was interviewed by Disrupt Media’s Ryan Thogmartin. It was fairly brief but in watching it I came away with a couple of insights from Jake Johnson that may be of value to those of you who operate funeral homes and/or are owners…
Read More
It was back in March 2023 when Funeral Director Daily published this article about Park Lawn Corporation (PLC) acquiring the Meyer Brothers Funeral Homes’ five locations in the state-line cities of Sioux City, Iowa, and South Sioux City, Nebraska. According to a press release from Park Lawn Corporation the acquisition added five…
Read More
Today we will try to catch our readers up with what has been happening in the acquisition pipeline for a couple of the public companies. . . . First of all, we will tell you that we received this press release last week from Park Lawn Corporation announcing the acquisition of the…
Read More
