funeral home acquisitions

Propel Funeral Partners makes New Zealand acquisition, raises $80 million

By Funeral Director Daily / February 23, 2024 /

    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…

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Park Lawn Corp adds to Colorado holdings through acquisition

By Funeral Director Daily / February 22, 2024 /

    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…

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Funeral company acquires three former SCI firms

By Funeral Director Daily / February 16, 2024 /

    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…

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West Virginia: 113-year old firm purchased by 4th generation Ohio firm

By Funeral Director Daily / December 7, 2023 /

  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…

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Park Lawn withdraws Carriage Services offer

By Funeral Director Daily / October 3, 2023 /

  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in Carriage Services, Inc.’s (NYSE: CSV) (“Carriage”) previously announced strategic review process and that it has withdrawn its all cash proposal to purchase the outstanding stock of Carriage.”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…

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Lesko purchases Parente Funeral Home in Connecticut

By Funeral Director Daily / September 19, 2023 /

    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,…

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New Loewen Group movie drives readership

By Funeral Director Daily / September 18, 2023 /

      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…

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Jake Johnson on the Acquisition market and Customer Experience

By Funeral Director Daily / September 12, 2023 /

    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…

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Park Lawn adds to Sioux City locations

By Funeral Director Daily / September 5, 2023 /

      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…

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Acquisitions: Two companies, two countries, two continents. . . and more

By Funeral Director Daily / August 22, 2023 /

    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…

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