Virginia Funeral Home Sells to Manager
Strasburg, VA – Stover Funeral Home was purchased on March 8, 2019 by long-time Manager Marty White. The Stover Funeral Home was established in 1878 by Francis Marion Stover. The funeral home was first operated in connection with a cabinet shop and later in combination with a furniture store. Francis’ son Frank Stover later took over the active management and in 1924 built a completely new funeral home, separated from the furniture store that was known as Stover & Stover Furniture. Frank Stover’s daughter and son-in-law joined the firm in 1936 and took over management in 1965. The funeral home stayed in the Stover family until Madolyn Stover Kitchin sold it to Stanley & Patsy Morehead in 1985.
NewBridge Group represented the Stover’s in the transaction. NewBridge brought a number of buyers to the table but Mr. Stover decided he preferred to sell to his long-time Manager, Mr. White. NewBridge also assisted in obtaining financing for Mr. White to be able to complete the transaction. Mr. White stated that “NewBridge presented several funding options and helped facilitate the entire process. They were instrumental in completing the transaction.”