funeral home sales
At least one source has indicated in a news story that Houston based Service Corporation International (SCI) has purchased historical family funeral business properties in Baton Rouge, Louisiana. The Greater Baton Rouge Business Report reported yesterday in this article that SCI has, at a minimum, purchased the property of the Rabenhorst Funeral Home in Baton…
Read MoreI spent three days last week at my annual funeral professional/death care professional golf event that I have attended almost every year since first being invited in 1991. From my count, there are about 130-144 invited guests that enjoy three days with each other in an atmosphere of fellowship and friendship. Most of the talk…
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 MoreA sale was recorded last Monday in the Dayton, Ohio area pertaining to the purchase of land at 820 Miamisburg-Centerville Road according to property records reported by the Dayton Daily News. The property, with seven acres of land, was owned by Schlientz-Moore Funeral Home and purchased by Warren Family Funeral Homes, Inc. According to the…
Read MoreYesterday Park Lawn Corporation announced another acquisition of a funeral home. Fresh off the announced purchase of seven cemeteries in New York and New Jersey last week for a combined price of close to $50 million, the Toronto based company announced the purchase of the Billingsley Funeral Home in Huntsville, Ontario. In a press release…
Read MoreTrends and surveys show us that the younger the person is in America the more apt they are to value “Experiences” over “Assets”. It is an interesting subject to me – as a younger part of the Baby Boom generation – I’ve always valued assets and usually have watched my money on the experiences. Experiences…
Read MoreYesterday I was reading the Business Section of the Minneapolis Tribune and saw an article entitled, “Corporate Deal Market Slows”. It was an interesting article that had a couple of interesting premises and for someone who enjoys the business world it led to a good read and also allowed me to think of how the…
Read MoreProbably the worst kept secret in the funeral industry over the past 30 days or so has been the pending acquisition of Premier Care of Florida which includes several properties, most notably Anderson-McQueen Funeral and Cremation Centers of Florida, by Foundation Partners. Anderson-McQueen, which serves the west coast Florida counties of Hillsborough and Pinellas, has…
Read MoreI happened to be watching a funeral industry podcast today and this question was asked of the “Expert” , “What value to the sale are pre-arrangement contracts that are not tied to the funeral home, but could be moved?” The expert’s answer was something like this, “Absolutely nothing. They can be moved to a competing…
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