funeral home acquisitions
Acquisitions: what 2021 taught us and what we can forecast Editor’s Note: We’ve seen some movement in the acquisition market so Funeral Director Daily asked one of the experts in the industry, Jake Johnson, to comment on what he has seen so far in 2021 and what may lie ahead. His comments follow: Jake Johnson:…
Read MoreIt was announced in this press release that Foundation Partners Group, the Orlando, Florida, based funeral home and cemetery consolidator and operator, has acquired Kraft Sussman Funeral & Cremation Services of Las Vegas, Nevada. The press release notes that this is Foundation Partners Group’s (FPG) first acquisition in Nevada. . . .the state with America’s…
Read MoreIt was announced last week in this press release that Foundation Partners Group (FPG), based in Orlando, Florida, added another Florida location to its footprint in that state. It was announced that the Farley Funeral Homes and Crematory would be acquired by Foundation Partners Group giving the cremation heavy consolidator 35 locations in the state…
Read MoreWe told you yesterday that Carriage Services CEO and Chairman Mel Payne had published a lengthy Letter to Shareholders in early April. In that letter, that you can access here, he painted what we call a somewhat aspirational future for Carriage Services, after first pointing out how they got to where they are today. Today,…
Read MoreFoundation Partners Group (FPG), the privately held death care consolidator with headquarters in Orlando, Florida, announced earlier this week an acquisition to add to their 160 plus facilities. In this press release you can read that FPG acquired the Klontz Funeral Home and Cremation Services company based in Auburn, Washington. According to the press release,…
Read MoreWe learned last week, and you can read more in in an article found on this page from Access Holdings, that the Baltimore based investment firm had secured $630 million in credit facilities to assist it as it goes forward in building out its platform of companies. As you may know, Access Holdings is the…
Read MoreLast week Foundation Partners Group issued a press release through Cision PR Newswire that you can read here. The release dealt with some of the company’s ten year history in that it has grown into a company with nearly 160 locations serving over 75,000 families annually. Another thing that the release shouted was that Foundation…
Read MoreBack in 1962 Robert L. Waltrip owned one family owned funeral home in Houston, Texas. And then everything changed when he purchased his second funeral home in Houston. That led to his adding a 3rd funeral home and forming a company, now known as Service Corporation International (SCI), that owns and operates over 1900 death…
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