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

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,

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

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

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

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

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

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

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

Leesburg, VA – Greg and Suzanne Walley recently announced their purchase of the Colonial Funeral Home, which they have managed since 2003. NewBridge Group was hired by the former owner of the business to explore all of his options of selling the funeral home. NewBridge advised throughout the transaction – assisting with financing  to purchase