Managers buy Virginia Funeral Home

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 the funeral home and structuring the transaction to create a good solution for both buyer and seller.

Greg Walley, the new owner added “The owner of the funeral home wanted to sell and hired NewBridge to explore his options. We had been interested in buying the business for several years, but weren’t sure how to secure the financing. NewBridge came up with a solution that helped us get the financing we needed and helped the former owner obtain a value and structure that he was happy with. I think it worked great for everyone involved.”