Tag: succession planning

Business Finance

Private equity continues move into Death Care

It’s not surprising to see why in a world of 73 million baby boomers and a large group of funeral home owners planning to retire in the next five years that private equity businesses see an opportunity in Death Care, specifically in owning funeral homes. This article from Fortune entitled “Death is anything but a dying business as private equity cashes in on the $23 billion funeral home industry” has prompted a lot of discussion, and some angst, among funeral […]

Finance

Security National Financial makes two January acquisitions

Security National Financial Corporation (SNFC), parent company of Utah-based Memorial Mortuaries announced in two separate press releases the acquisition of two funeral service companies, one of which also operates a large cemetery in addition to their four funeral locations. In this press release you can read of the acquisition of Salt Lake City provider Holbrook Mortuary.  Holbrook Mortuary is a third-generation firm and has been in operation since 1941.  Here’s what SNFC’s President Scott M. Quist said of this addition […]