Funeral Home Industry News
Information for funeral home professionals, buyers and sellers
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Neal-Tarpley-Parchman Funeral Home Joins Carriage Services
February 25, 2015Read More ›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
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Pearls of Wisdom: What to Know When Selling Your Business!
January 6, 2015Read More ›Want to stay in the loop? Sign up to receive the latest news from NewBridge Group. Earlier this year, the NewBridge Group Team compiled a list of lessons we’ve learned during the past 20 years while representing more than 650 funeral home businesses in their exploration of a sale. Here are a few of the top tips
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Speck Funeral Home Sold to Chris Speck
November 6, 2014Read More ›Livingston, TN – Speck Funeral Home was purchased on August 29, 2014, by longtime employee, Chris Speck. Speck Funeral Home, located in Livingston, Tennessee, was originally named Ridley Funeral Home until it was purchased by Ira Speck in 1940. It has been owned in the same family since that time, most recently by David Parsons,
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Cotrell Funeral Service and Southern Missouri Crematory Partner with Premier
October 27, 2014Read More ›Poplar Bluff, Missouri – NewBridge Group, a Mergers & Acquisition Consultants firm based in Atlanta, facilitated a partnership between Premier Funeral Management Group (PFMG) and Cotrell Funeral Service & Southern Missouri Crematory on May 20, 2014. Cotrell has been the leading funeral care provider in Poplar Bluff since its inception. Southern Missouri Crematory was established
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Buying or Selling a Funeral Home … The Decision is Yours
August 13, 2014Read More ›This article appeared in Southern Funeral Director Magazine, June 2014 Many of you remember the acquisition crazed days in the late 1990s when there were dozens of buyers willing to make very aggressive offers to purchase funeral homes. Things escalated until several of the buyers filed bankruptcy due to overpaying for businesses. In 2000 the
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NewBridge Group Expands to Midwest
March 6, 2014Read More ›Atlanta, GA / Fort Wayne, IN – NewBridge Group (www.NewBridgeGroup.com), one of the nation’s leading succession planners to the funeral industry, is pleased to announce the continued expansion of services into the Midwest with Senior Advisor, Tony Kumming. For the past 18 months, Kumming has initiated and led the growth of NewBridge’s services in the Midwest
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Manager buys funeral home
January 19, 2014Read More ›Albany, Georgia – Joseph Jones, the manager of the Hall and Hall Funeral Home, became a managing partner and owner in the funeral home recently. NewBridge Group assisted in the valuation and structure of the ownership transfer. Joseph Jones has the been the manager of the business since 2007. He is also an assistant pastor
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Virginia Funeral Home sells
January 19, 2014Read More ›Manassas, VA – Covenant Funeral Services purchased Lee Funeral Chapel earlier this week. Covenant Funeral Service is owned by J. David Mullins, and owns also owns funeral homes in Fredericksburg, Stafford and two in Louisa County, Virginia. NewBridge Group represented Scott Found, the former owner of Lee Chapel, in the transaction. NewBridge assists owners of funeral
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Kentucky Funeral Home has new owner
January 19, 2014Read More ›Middlesboro, KY – Creech Funeral Home sold today to Premier Funeral Management Group. Creech Funeral Home serves approximately 200 families each year and the Creech family are still very involved in the business and in serving families. NewBridge Group, a leading succession planner to the funeral industry, represented the business owners in ensuring they received the
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South Carolina Funeral Home sells to Greg Rollings
January 19, 2014Read More ›North, SC – The Culler-McAlhany Funeral Home was purchased in late June by Greg Rollings. CulleCuller-McAlhany Funeral Home, located downtown North, South Carolina was founded more than 100 years ago and serves more than 100 families each year. NewBridge Group was hired by Tom McAlhany, the former owner, as its succession planner in determining the