funeral home acquisitions
Last week I had not even finished putting up Friday’s article which dealt with an acquisition when I was notified of another public company acquisition. This time the announcement came from Carriage Services and announced its acquisition of a group of three funeral homes, two cemeteries, and a cremation center based in the…
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Park Lawn Corporation (PLC) whose website now states, “is the fastest growing company in the industry in North America”, announced last week that they have moved into the states of Iowa and Nebraska with the acquisition of Meyer Brothers Funeral Homes. Meyer Brothers Funeral Homes has, among their five locations, locations in…
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As small town funeral home operators we many times look at the acquisitions of the big public companies or the regional consolidators with a little envy about being able to do that ourselves. We look at how they get faster growth and more revenue and in many instances we know that we would like…
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Late last month Anthem Partners announced they had passed the milestone of 2-years in business. The Frisco, Texas, based company has grown its operations in that time period. In their two years they have amassed a group of 80 operations in five states and two Canadian provinces. In a press release Anthem…
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It’s pretty common place to read in Funeral Director Daily and other Death Care publications about the national and regional funeral home and cemetery consolidators announcing another acquisition. However, when we were catching up with our reading a few days ago we noticed an acquisition. . . .that was “going the other way”.…
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People from not only the United States, but from almost every country around the world have seen a whip-saw of economic conditions since the pandemic year of 2020. It was a pandemic economy that saw the “stay at home” commerce of technology and furniture or home improvement sales grow by leaps and bounds and,…
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According to this article from Yahoo, Great Britain’s largest public death care company, Dignity plc, has accepted a buyout offer from a consortium that includes its largest shareholder group and one of the country’s wealthiest and well-known entrepreneurs. The shareholder group is Phoenix Asset Management Partners (PAMP) which, in another interesting twist, is managed…
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We learned last week that Albuquerque, New Mexico, based French Funerals & Cremation was sold. The company, founded in 1907 by Chester French, and operated by descendants for the past 115 years, elected to keep the company private and sold to long-time French company executives Tom Antram and Alice Brousseau according to this article…
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We learned last week that Georgia based Rollings Funeral Service completed the acquisition of a New York state firm that does close to 1,000 services annually and also serves the needs of pet owners by completing the cremation of about 600 pets annually. Following is the press release from Rollings Funeral Service that announced…
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It was announced in a recent press release that you can access here that funeral home and cemetery operator Park Lawn Corporation (PLC) has made another acquisition in the greater Kansas City market. Just this week they have announced that they have acquired substantially all of the assets of the aptly named Park Lawn Funeral…
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