funeral home sales
Funeral Director Daily published an article last Friday about the number of, or lack of, funeral directors in the field and one of our thought processes during that article was that it is apparent that many rural funeral homes have a difficult time in acquiring the professional help necessary to operate their businesses. Part…
Funeral Director Daily does a good job of notifying our readers when the large corporate companies acquire new funeral homes. It appears that these transacations are a consistent regular occurrence, although there are some ebbs and flows to the pipeline of deals. We also know that large corporate consolidators and their purchases are…
It’s interesting that on the same weekend that I was putting together yesterday’s article on the July 29 Park Lawn Corporation vote on acceptance of an offer to take the company private I uncovered a current article and podcast dating from July 12. The article, from Intelligent Investor of Australia, deals primarily with…
I think it is fair to say that overall investors have been wary of the inflationary environment and rising interest rates over the last couple of years. However, one side benefit to that wariness may be, according to this article from Marketwatch, that “capital waiting to be deployed” in the private equity market has…
At Funeral Director Daily we hear about a lot of funeral homes that change hands. We can’t report on all of them, but some family funeral homes have such unique historical characteristics that we like to pass on the knowledge of those transactions just to keep the historical perspective of funeral homes in America…
This article from the Australian Financial Review states that, even as the due diligence period is being extended for giant private equity firm TPG Global in their pursuit of Australia’s largest Death Care company, InvoCare, it is purported that TPG’s offer is more than 14 times the forward forecast EBITDA for InvoCare.…
The last of the major public funeral home and cemetery operating companies reported their 1st Quarter 2023 financial report last week. Park Lawn Corporation (PLC) bucked the trend of less revenue for the quarter as compared to the 1st Quarter of 2022 by posting a 4.3% increase in total revenue. Park Lawn…
Depending on who you listen to you will get some opinions that over the next decade more than 50% of today’s family-owned funeral establishments will change hands. Now, I don’t know if that is true, but there is a shifting demographic, not only in age, but in preferred geographic living locations, that…
Last Friday I printed a story about five trends or happenings that I saw in calendar year 2022 and how they will relate to Death Care as we move into the future. I’ve not been shy about saying two things are happening and will continue to happen. Those two things are an increase in…
Over the past several weeks I’ve had several instances which caused me to wonder “What is going to happen to rural America’s home town, home-owned, funeral homes.” Again, it has not been one thing, but a string of instances that have made me wonder about that. For instance, I know of firms in my state…
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