mergers and acquisitions

StoneMor announces acquisition of Illinois funeral home

By Funeral Director Daily / September 9, 2022 /

StoneMor Inc., the Pennsylvania based operator of funeral homes and cemeteries announced the acquisition of Anderson Funeral and Cremation Services of Belvidere, Illinois, last week.  According to this press release from StoneMor, company CEO Joe Redling said of the acquisition, “StoneMor’s acquisition of Anderson Funeral and Cremation Services is a valuable strategic move for us…

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Carriage Services adds “hinted at” acquisition

By Funeral Director Daily / August 16, 2022 /

In Carriage Service’s 2nd Quarter financial report, Chief Administrative Officer and General Counsel, Steve Metzger, hinted that the company had two acquisitions in the pipeline that would probably be announced in the following couple of weeks. We now know, thru this Carriage Services press release, that one of those acquisitions appears to be 800-call Funeraria…

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Park Lawn makes earning season splash with large aquisition

By Funeral Director Daily / August 4, 2022 /

Park Lawn Corporation announced yesterday in this press release that they have acquired substantially all of the assets of the Schackelford Corporation based in Western Tennessee.  The Schackelford Corporation encompasses a fifth-generation company that has served Western Tennessee for 90 years.  According to the press release the acquisition includes eight stand-alone funeral homes, two stand-alone…

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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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It’s summer time, the living is easy. . .and the mergers and acquisitions continue. .

By Funeral Director Daily / June 28, 2022 /

There is a saying where I come from that says, “It’s summer time and the living is easy”.  It conjures up thoughts of being on the golf course, and at the lake, and evenings around the fire pit — in general just simple laid back easy times to relax with family and friends. From what…

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Park Lawn adds Mississippi operations

By Funeral Director Daily / March 31, 2022 /

A press release from Park Lawn Corporation dated March 30, 2022, announced the acquisition of Chancellor Funeral Home and Garden of Memories located in Byram and Florence, Mississippi. You can access the press release here. The acquisition includes one stand-alone funeral home and one combination funeral home and cemetery operation.  The press release also states…

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Foundation Partners Group announces new acquisition, record growth

By Funeral Director Daily / January 11, 2022 /

In this press release from last week, Foundation Partners Group (FPG) announced a new acquisition and also gave some indication of its growth over the past couple of years. Foundation Partners Group is the privately owned death care consolidator based in Orlando, Florida, that appears to set its acquisition sights on cremation heavy firms.  FPG…

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What we are hearing on the Street. .. . and from some other sources

By Funeral Director Daily / January 7, 2022 /

So, we are one week into the new year of 2022.  There are a few things that have been predicted since the new Presidential administration came into office last January, especially after the inflationary times that started last Spring. One of the the predicted things we heard about was that a new administration may eventually…

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Is this the start of the M & A train we were told is coming down the tracks?

By Funeral Director Daily / December 23, 2021 /

A high number of Baby Boomers in ownership roles, the un-planned last two years of Covid-related operations, the thought of an increase in capital gains taxes. . . . . .those are all valid reasons that have many owners of funeral homes thinking of getting out of the ownership realm..  At the beginning of 2021…

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Anthem Partners expands to Canada

By Funeral Director Daily / December 21, 2021 /

This press release from Frisco, Texas, based Anthem Partners will let you know that the privately-held operator of cemeteries and funeral homes has expanded into Canada with the addition of the Speers Group of Companies.  According to the press release, the Speers Group consists of funeral homes and memorial gardens located in the provinces of…

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