Funeral Home Industry News
Information for funeral home professionals, buyers and sellers
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Ron Gushulak joins NewBridge Group as a Succession Planning Leader
June 29, 2021Gushulak Brings to NewBridge Group 30 years of Experience and Provides Expertise for NewBridge Expansion Plans. NewBridge Group, a leading funeral home succession planner, is pleased to announce that Ron Gushulak has joined their team. Ron has three decades of experience in business operations of funeral homes, cemeteries, crematories and companies that provide services to
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Covid Funeral Relief for Struggling Families
March 18, 2021Attention Funeral home Owners!Did any of your COVID-19 cases have family members that struggled to afford the funeral? Help might be on the way. The Federal Emergency Management Agency (“FEMA”) is setting aside $2 Billion for reimbursements. Final guidance will be released soon, but potential applicants are being encouraged to keep and gather documentation. The
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Real Talk: Learn What It’s Really Like to Sell Your Funeral Home
March 11, 2021NewBridge recently sat down and had a conversation with Rob Olthof, former owner of Olthof Funeral Home in Elmira, NY. Olthof, a third generation Funeral Director, operated the business for 25 years. Olthof, 50, recently decided to sell his 70-year-old family funeral home business to Rollings Funeral Service, Inc. The NewBridge Group assisted Rob with
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NewBridge Group Represents Georgia Funeral Home in Sale
March 8, 2021GRIFFIN, GA — NewBridge Group is pleased to announce the sale of Heritage Funeral Home to Burden’s Funeral Home, both of Griffin, Georgia. The large funeral home property will provide Burden’s the opportunity grow and expand services. The sale also signifies Heritage Funeral Home’s exit from the Griffin, Georgia market. The NewBridge Group, a full-service
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NewBridge Group Advises Seller and Buyer in Vermont Funeral Home Transaction
January 23, 2021BENNINGTON, VT – JANUARY 2021 NewBridge recently advised Rollings Funeral Service (Rollings) on the successful acquisition of Shea Funeral Homes’ four locations in the Bennington, VT area. These funeral homes are located in Southern Vermont and include Hanson-Walbridge & Shea Funeral & Cremation Service (Bennington & Arlington, VT), Brewster & Shea Funeral & Cremation Service
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Tax Implications of Selling Your Business in 2021 vs. 2022
January 22, 2021January 22, 2021 If you are a funeral home owner, every election season can bring questions of tax implications on a sale of your business. Now that we are fully into a Biden led administration, coupled with a Democratic led Congress, The NewBridge Group continues to receive many inquiries regarding likely tax changes (primarily capital
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Funeral Service Industry Vaccine Information
December 22, 2020As you may be aware, due in large part to the lobbying efforts of the National Funeral Directors Association (NFDA), funeral service workers were categorized into the highest priority (Phase 1A) to receive the vaccine, back in early October. Throughout 2020, the NFDA, along with its members, asked the National Academies of Science Engineering and
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NewBridge Group Advised Nebraska Funeral Home Owner and the Buyer, Rollings Funeral Service
December 19, 2020FREMONT, NE – DECEMBER 2020: The NewBridge Group is excited to announce the sale of Dugan Funeral Group (Dugan) to Rollings Funeral Service. Dugan is comprised of Bethany Funeral Home & Cremation Services (La Vista, NE), Braman Mortuary & Cremation Services (two locations in Omaha, NE), Dugan Funeral Chapel & Cremation Services (Fremont, NE), Livingston-Sondermann
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NewBridge Group Advises Rollings Funeral Service on Continued Ohio Expansion
November 28, 2020MARIETTA, OH – NOVEMBER, 2020 NewBridge recently advised Rollings Funeral Service (Rollings) on the successful acquisition of Cawley & Peoples Funeral Homes’ three locations in the Marietta, OH area. The funeral homes, which have been serving their communities for over 40 years, were formerly owned by William (Bill) and Patricia Peoples. Greg Rollings commented “I
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NewBridge Group Advises on the Successful Sale of Weinstein Mortuary to Rollings Funeral Service
October 31, 2020HARTFORD, CT – OCTOBER, 2020 The NewBridge Group is pleased to announce the successful acquisition of Weinstein Mortuary, by our client, Rollings Funeral Service. The business, operated by cousins, Morton (Mort) and Michael Weinstein, has been well established in the Hartford community for 80 years. Greg Rollings, President & CEO of Rollings Funeral Service, commented