Funeral Home Industry News
Information for funeral home professionals, buyers and sellers
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Molden Funeral Chapel Acquired by David Hernandez, Jr.
June 14, 2016Read More ›Bristol, PA – Molden Funeral Chapel was purchased on June 14, 2016, by David Lee Hernandez, Jr. Located in Bristol, PA, the funeral home is over 120 years old. It has been in the Molden family since the beginning, with the most recent owner, Chris Molden. NewBridge Group represented the former owner, Chris Molden in the
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Sharp Funeral Home Joins Premier Funeral Management Group
April 6, 2015Read More ›Oliver Springs, TN – Sharp Funeral Home was purchased on April 6, 2015, by Premier Funeral Management Group. Located in Oliver Springs, TN, the funeral home was founded in 1938 by William F. Sharp, Jr. He operated the business until his death in 1992, and the business was then purchased by Jimmy and Brenda Smith. NewBridge
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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