funeral home acquisitions
Last week the Legacy Funeral Group announced the acquisition of the Charlie Marshall Funeral Homes. The Charlie Marshall Funeral Homes were founded in 1949 and have served the Texas communities of Aransas Pass and Rockport for over 65 years. You can read a press release on the transaction here. According to the press release, the…
Read MoreAt the close of business Monday, May 7, Park Lawn Corporation announced that it had completed its announced purchase of Signature Funeral and Cemetery Investments, LLC (the Signature Group) for approximately US$123 million. You can read the press release from Stockhouse here. According to Park Lawn CEO Andrew Clark, “With the acquisition of Signature Group,…
Read MoreThe Phaneuf Funeral Homes and Crematorium announced last month, according to this article in The Manchester Link, that they had purchased the Ker Westerlund Funeral Home which has served the Brattleboro, Vermont, area for more than 150 years. The Phaneuf family of operations also includes the Cremation Society of New Hampshire and this location will…
Read MoreOn Tuesday, April 24, publicly owned death care industry company, Carriage Services, announced its 1st Quarter 2018 results. You can read their press release with financials included here. The company announced record revenues of $73.4 million for the quarter. That is a 7.7% increase over the same period of a year ago. Funeral Director…
Read MoreWith so much talk about the mergers and acquisitions in the death care industry of late, I thought it would be insightful to get the thoughts of Jake Johnson, President and CEO of Johnson Consulting Group on the subject. Mr. Johnson guides the company whom many consider to be the premier total solutions provider in…
Read MoreI noticed a press release come out from Foundation Partners Group last week that announced the private funeral, cemetery and cremation operating company had made a purchase of the Healey Mortuary and Crematory in Salinas, California. Checking more into that press release on the company’s web-site I came across two other stories about Foundation Partners…
Read MoreI’ll agree right off the top of this article that after working for about 35 years in the industry that I may be a little biased. I’ve always thought that small town funeral directors are some of the nicest people in the world and today I just thought it might be appropriate to tell of…
Read MoreDeath care industry company Service Corporation International recently presented at the Raymond James 39th Annual Institutional Investors Conference. I’ve found a slide deck about their company on Seeking Alpha that you can see here. It was part of their power point presentation to institutional investors and is an interesting synopsis of the company as…
Read MoreThe Journey Group, a death care industry consolidator based out of the New Orleans area, announced last week the purchase and acquisition of two firms in the greater Birmingham, Alabama, area. Both firms are metropolitan combination firms — each with a funeral home facility on a cemetery property. According to the press release that you…
Read MoreOver the New Year’s Holiday I noticed a small blip in a Mississippi newspaper, the Sun Herald, which announced the fact that Jeffrey O’Keefe, Jr. of Gulfport has been named President of Bradford-O’Keefe Funeral Homes. It goes on to say, as you can read here, that Mr. O’Keefe is a sixth generation family member in…
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