NewBridge Group Assists Delehanty Funeral Home in Acquisition by Pinnacle Funeral Service
LOVES PARK, ILLINOIS – The NewBridge Group is happy to announce Delehanty Funeral Home has recently sold to Pinnacle Funeral Service. This partnership marks the sixth location in Illinois for Pinnacle, further expanding their mid-west footprint.
Founded in 1949, Delehanty is a third-generation family-owned business that has been an integral part in their community, serving as Loves Park’s first police and fire communications center throughout the 1950s. Today, Delehanty has the largest facility in the area with over 10,000 square feet, including seating for over 300.
NewBridge Group, the merger and acquisition consultants who matched Delehanty and Pinnacle in the sale, is pleased to have yet again helped a funeral home owner find their “best-fit” buyer. “It’s important that funeral home owners know that our buyers are privately-owned businesses that understand the needs of family-owned businesses,” explains New Bridge president Tony Kumming. “They do not want to lose the loyalty their community has provided them, but rather maintain it.”
Pinnacle Funeral Service is a funeral home acquisition company located in greater Atlanta that prides itself on being “anti-corporate,” which was attractive to Paul and Mary Kay Lizer. “If there’s a funeral home owner who’s on the fence about selling, I’d recommend talking to NewBridge,” explains Paul Lizer. “The process was seamless and NewBridge knew from the beginning who was going to be the best option for us.”
The Delehanty Funeral Home transaction allowed NewBridge to assist in a succession plan that provided both financial freedom and the confidence that the funeral home owners chose the right buyer for their business.
About NewBridge Group
Founded in 1997 by Jeff Boutwell, NewBridge Group has grown into one of the most active funeral home succession planning, funeral home valuation, and appraisal consulting firms in the funeral service industry. With more than 75 years of combined experience in assisting more than 1,000 funeral home transactions, NewBridge Group has been a proven leader in this space.
NewBridge Group’s success is a testament to personalized service, one-on-one communication, and deep understanding of the industry. Newbridge always strives to provide original, strategic alternatives customized to the complex growing needs of their clients.