Tag: funeral home sales

Business

The Mergers and Acquisition Environment

Yesterday 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 thinking mentioned in the article relates to the funeral home world. The article talks about profits in the business world today and how these companies […]

Business

Is Foundation Partners changing the Acquisition Paradigm

Probably 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 been known nationwide as an innovator in “celebration” style services. Foundation Partners, founded by former Keystone Group executives, has been in business since 2010 and […]

Business

Value of Intangibles in a Funeral Home Sale

I 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 funeral home so no new owner will pay anything for an asset that is not guaranteed to be there.” I’m somewhat in disagreement with that […]