mergers and acquisitions

Park Lawn drops a bombshell: Company announces it is going private

By Funeral Director Daily / June 4, 2024 /

    In news that was announced late on Monday, funeral home and cemetery operator Park Lawn Corporation announced that the company is planning on being taken private through a partnership that includes Birch Hill Equity Partners Management and an affiliate of Homesteaders Life Company, Viridian Acquisition.   Here is the press release that Park…

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Don’t miss this podcast

By Funeral Director Daily / April 22, 2024 /

    Inflation is still high, but consumers are still spending.  Bankers tell us interest rates will probably be “higher” for longer. . .and the Death Care business is continuing to talk about mergers and acquisitions.  On that last subject it’s not often when we get two of the most knowledgeable in the profession together…

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Funeral home sale “keeps it local” and “generational”

By Funeral Director Daily / January 17, 2024 /

  We’ve said it many times before, “funeral home ownership has historically been local, family-owned, and generational”.  And while there are a good many really good regional and national consolidators, many times “keeping it local” can be a defining part of what an owner wishes to do when he or she eventually decides to sell…

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2023 Death Care story of the Year: Batesville Casket sold

By Funeral Director Daily / January 9, 2024 /

      In any given year there is a lot that happens in any industry or profession.  And, there was a lot that happened in death care in 2023 such as the continuing Federal Trade Commission continuing to look into and holding hearings on the status of “The Funeral Rule”.  Or, on the more…

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Will 2024 be a year of “Mergers and Acquisitions”?

By Funeral Director Daily / December 18, 2023 /

  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…

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West Virginia: 113-year old firm purchased by 4th generation Ohio firm

By Funeral Director Daily / December 7, 2023 /

  When you look at the map the Ohio River separates the states of Ohio and West Virginia as well as the cities of Steubenville, Ohio, and Weirton, West Virginia.  Now, however, the bridge over the Ohio River will not only connect the states and cities but two historical funeral homes as well.   It…

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TPG Capital back in the game for InvoCare

By Funeral Director Daily / May 23, 2023 /

    It was announced last week by InvoCare, Australia’s largest death care provider, that San Francisco based private equity firm TPG Capital had sweetened their offer to acquire the company.  As you may recall, TPG Capital made an unsolicited offer on March 7 to the InvoCare board to acquire the company for a total…

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Robert Waltrip, Acquisitions, and Excess Deaths make up the Top Stories of the past 30 days

By Funeral Director Daily / March 17, 2023 /

    It seems amazing to me how fast 30 days seems to go.  Once again we offer up our Top Read stories from Funeral Director Daily over the past 30 days. . . Here they are. . . Enjoy the weekend. . .   In Memoriam:  Robert Waltrip, SCI Founder. InvoCare receives over US…

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Rollings Funeral Service adds large New York firm

By Funeral Director Daily / December 5, 2022 /
RollingsFuneralService Logo

We learned last week that Georgia based Rollings Funeral Service completed the acquisition of a New York state firm that does close to 1,000 services annually and also serves the needs of pet owners by completing the cremation of about 600 pets annually.    Following is the press release from Rollings Funeral Service that announced…

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Park Lawn Corporation adds to Kansas City cluster

By Funeral Director Daily / December 1, 2022 /

It was announced in a recent press release that you can access here that funeral home and cemetery operator Park Lawn Corporation (PLC) has made another acquisition in the greater Kansas City market.  Just this week they have announced that they have acquired substantially all of the assets of the aptly named Park Lawn Funeral…

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