Funeral Director Daily

InvoCare to raise $65 million

By Funeral Director Daily / March 11, 2019 /

Australian public company funeral services provider InvoCare announced over the weekend that they successfully completed an underwritten institutional placement of A $65 million (about $US 46 million). You can read about and see a news clip from the Australia Finance News Network here. InvoCare says that the capital raise will be applied to their strategic…

Acquisition News — Foundation Partners/InvoCare

By Funeral Director Daily / September 21, 2018 /

Foundation Partners, based in Orlando, Florida recently announced that they had made an acquisition to their family of brands. They announced that they had acquired Legacy Funeral & Cremation Care in San Diego County, California. You can read a press release here. The purchase from the Savino family represents an opening into the San Diego…

In The News. . . .

By Funeral Director Daily / August 31, 2018 /

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…

Looking from the Outside In

By Funeral Director Daily / February 9, 2018 /

Sometimes when you really need to know about your business, you should listen to somebody from the outside. They see that perspective from another view — and many times it is the view that Mr. Outside can see that Mr. Inside has overlooked. So, today, I have found two articles from the people on the…

Propel Funeral Partners Stock Rising

By Funeral Director Daily / December 29, 2017 /

Propel Funeral Partners, the funeral home, cremation, and cemetery company that serves Australia and New Zealand is seeing their stock continue to rise since their initial public offering (IPO) in November. According to an article in the Motley Fool from December 27, 2017, the stock has moved from an IPO price of AUS $2.70 to…

Not Just an American Phenomena

By Funeral Director Daily / November 27, 2017 /

Over the last week I ran into an article in the Australian news about the funeral service provider Propel Funeral Partners. You can read the article for yourself here. Propel Funeral Partners has been in business for over five years but just last week took its stock public on the Australian Stock Exchange raising $131…