New York Funeral Home sells to Rollings Funeral Service, Inc

Endicott, NY – Rollings Funeral Service, Inc announced today its recent acquisition of Allen Memorial Home, Inc. The business, located in Endicott, New York, was established over 100 years ago and has been at its current location for over 80 years.  Mark Rollo and Chris Putrino, the former funeral home owners, have each been with the firm for approximately 40 years.  They helped build the business to become the premier funeral home in the area.

Greg Rollings, President and Owner of Rollings Funeral Service, Inc, stated “We are excited about becoming part of the Endicott community, and we can’t be more thrilled for Allen Memorial Home to join our family of firms. Premier local businesses, like Allen, are a great fit for our company, because we pride ourselves on remaining family owned.  This acquisition begins what we believe will be the first of many acquisitions in the state of New York.” Rollings added, “I look forward to having Mark Rollo and Chris Putrino continue to be a part of the business into the future.”

Mark Rollo and Chris Putrino interviewed several possible buyers before deciding that Rollings Funeral Service would be the best successor to their business. The business, operating from a stately and beautiful colonial style building on the north side of Main Street just west of downtown Endicott serves more than 250 families annually.

With more than 25 locations, Rollings Funeral Service, Inc is one of the largest private funeral home owners in the eastern United States. Rollings plans to continue to be very active in acquiring funeral homes, giving retiring owners a great alternative to selling to a publicly traded company.

NewBridge Group assisted with the funeral home valuation, structuring and financing of the purchase.