Neal-Tarpley-Parchman Funeral Home Joins Carriage Services

Clarksville, TN – Neal-Tarpley-Parchman Funeral Home was purchased on February 25, 2015, by Carriage Services.  Located in Clarksville, Tennessee, the funeral home has been serving the community since 1916.  Mike Parchman, a lifelong member of Clarksville worked at the funeral home in high school with a dream of eventually owning the business himself.  He was able to do so and more than doubled the business during his ownership.

NewBridge Group represented the former owner, Mike Parchman in the transaction, assisting with the initial valuation and negotiation with several potential buyers before the transaction was ultimately consummated with Carriage Services.

Melvin C. Payne, Chairman and CEO of Carriage, stated, “The acquisition of Neal-Tarpley-Parchman Funeral Home is a perfect fit with our strategic acquisition growth strategy.  The first time I met Mike Parchman at the National Funeral Directors Association in Nashville last year, we instantly had a mutual cultural and trust connection and conviction that both our businesses would become better if we joined our respective strengths”.

Mike Parchman will continue to manage the business and serve the community.

For more information on funeral home valuation or to explore selling a funeral home please contact Tony Kumming with the NewBridge Group at (260) 255-4544.