mergers and acquisitions
For the last half century the funeral industry has seen tremendous growth of multiple firm businesses getting that growth not necessarily thru growing sales, but by acquisition of other firms. Firms that wanted to grow by acquisition had to be ready when a firm from down the road came up for sale, which in many…
Mergers and acquisitions in the death care space are nothing new and actually seem to be accelerating in not only the retail funeral home and cremation space but among suppliers as well. Earlier this week we learned of Foundation Partners Group acquiring the Loyless Funeral Homes of Florida and we learned of Wilbert Funeral Services,…
The second and third largest funeral home firms in Spain are considering a merger according to this article from Reuters. Santa Lucia’s subsidiary Albia and Mapfres’ subsidiary Funespana are the number two and three in funeral services in the country and are contemplating teaming up to become a company that would do about $229 million…
Last week we learned that Orlando based Foundation Partners Group had acquired The Island Funeral Home and Crematory and Cremation Simplified in Hilton Head, South Carolina. According to a press release that you can read here, that purchase expanded Foundation Partner’s network of funeral homes in South Carolina to eleven locations. Funeral Director Daily take: …
I read an article that you can read here pertaining to what is announced as a merger, but in reality looks like an acquisition. This announcement talks about two funeral homes in Ohio that have “merged” operations. It is about the Billow Funeral Homes and Crematory and the Bissler & Sons Funeral Home and Crematory.…
We will finish out the week letting you know some of the things that happened over the week without much editorial comment. Have a great weekend and for those of our readers in the United States. . .Happy Labor Day on Monday!! Special Hearse for Aretha Franklin. Click here to see a photo of the…
If you are at all interested in learning about Canadian death care public company Park Lawn Corporation we came across this recent interview of their CEO Andrew Clark on the Capital Ideas portion of Small Cap Power. It is a 4 minute interview that you can reach at the 12:00 minute mark of the program.…
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