succession planning
Depending on who you listen to you will get some opinions that over the next decade more than 50% of today’s family-owned funeral establishments will change hands. Now, I don’t know if that is true, but there is a shifting demographic, not only in age, but in preferred geographic living locations, that…
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Last week I had not even finished putting up Friday’s article which dealt with an acquisition when I was notified of another public company acquisition. This time the announcement came from Carriage Services and announced its acquisition of a group of three funeral homes, two cemeteries, and a cremation center based in the…
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Trust me. This will not be a political article but I got the thought for it when I read this article in the Sunday Minneapolis Star Tribune entitled, “The Grayest Generation – the torch has been passed to the oldest pair of presidential front-runners ever. Is it time for a younger generation?” …
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Editor’s Note: In keeping with Funeral Director Daily’s recent trend at year-end we are bringing you more information on what to look for as we move into 2023. The following is from (with permission) the Foundation Partners Group (FPG) website and is an interview with FPG’s Zach Mayer, the head of the company’s Nationwide…
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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…
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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…
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