funeral home acquisitions
Today’s afternoon edition tells of a Dayton, Ohio, decision by a judge that overturns a variance needed to operate a crematory. Funeral Director Daily will also give you news of a large funeral home acquisition of six Ohio mortuaries. Finally, we’ve got some other stories and a listing of some of the events for learning…
Over the years I’ve often thought that the business of funeral and cremation care as a business is overlooked by those that teach or write of things happening in the business world. It is not everyday that Forbes magazine does an in-depth article on our profession. Last week, Forbes featured an article that you can…
Those of us who have watched the markets over the last few weeks have seen a deterioration in the value of our private investment portfolios. What has happened in the broader market is also indicative of what has happened in the death care industry with the exception of StoneMor, Inc. and its stock and valuation.…
This article from Yahoo Finance indicates that Australian and New Zealand public funeral operating company Propel Funeral Partners is growing market share. According to the article it is growing both from acquisitions and an annual death rate increase in both countries. Here is an excerpt from that article: “In Propel’s FY19 investor presentation, the company…
In a press release from Foundation Partners Group (FPG) that is dated December 31, 2019, but not known by us until January 2, 2020, we have learned that the company has made an acquisition in Tucson, Arizona which includes the Adair Funeral Homes and Desert Sunset Funeral Home of that area. You can read the…
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…
Over the weekend I noticed two newspaper articles from small town newspapers that involved two separate funeral homes of different size and history. However, in reading the articles and doing a little research by going to the websites of the companies, I noticed something in common. What I noticed in common, quite frankly, has to…
Every once in a while we like to just bring our readers news from around the world of Death Care. And, today, our news around the world of death care is truly from around the world. The following articles bring news from three continents — from North America we bring you news of funeral home…
The state of Colorado has been a hotbed of funeral home and crematory acquisitions in the last couple of years. Many of the larger players in the death care space, Service Corporation International, Park Lawn Corporation, and Foundation Partners Group, have all made acquisitions in the state during that time frame. It was announced on…
