Will the “tailwinds” soon be back for death care M&A activity?

By Funeral Director Daily / November 9, 2023 /

  Going back to this August article from Donnelly Financial Solutions they believe that merger and acquisition activities were low earlier in 2023 because, at least in part, “Rising interest rates made it unappealing to borrow money. Inflation shifted company focuses elsewhere.  (and) Global volatility also swayed companies to press pause on M&A activity.” Nonetheless,…

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FDLIC acquires American Life and Annuity Company

By Funeral Director Daily / September 21, 2022 /

We learned late last week in this press release that Funeral Directors Life Insurance Company (FDLIC) of Abilene, Texas, acquired the American Life and Annuity Company (ALAC) of Hot Springs, Arkansas.  According to the press release “effective immediately, FDLIC will work to support existing ALAC policyholders and Arkansas funeral homes”.  Again, according to the press…

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Park Lawn makes acquisition, enters the state of Virginia

By Funeral Director Daily / July 11, 2022 /

This press release issued last week by Park Lawn Corporation (PLC) will tell you of their acquisition of Farris Funeral Service, Inc. and Affiliated Service Group, Inc. (collectively known as “Farris”).  The businesses acquired include one stand-alone funeral home and one on-site funeral home and cemetery located in Abingdon, Virginia. Here’s what Park Lawn Corporation…

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