We learned earlier this week that Pinnacle Funeral Service, a funeral home owner and operator based in St. Petersburg, Florida, has acquired the Malcore Funeral Home & Crematory as well as Simply Cremation in Green Bay, Wisconsin.  According to a press release, the funeral home was founded in 1921 and has been owned and operated by the Malcore family for several generations.

Again according to the press release, “Between Malcore and Simply Cremation, the businesses serve more than 750 families annually”.

Tony Kumming, President of Pinnacle Funeral Service made this prepared comment in the press release, “Malcore has been a trusted name in Green Bay for more than 100 years. Their early leadership in cremation and their long-standing dedication to families make this a meaningful partnership. . . . “

The press release also states that “Matt Malcore will continue to manage day-to-day operations, ensuring continuity for the families they serve. His wife, Lisa, will remain as a preneed advisor, and both of Matt’s parents will also stay actively involved in the business. . . “

Matt Malcore made this comment in a prepared statement in the press release, “Pinnacle will provide us with the tools we need to be successful. From the beginning, Pinnacle stood out for how they treat people—families, employees, and owners alike. They’re not trying to change who we are; they’re here to support our team and help us grow responsibly while staying true to our mission. . . . ”

According to Wikipedia, the Green Bay SMSA ranks 161st in the USA and has grown at a 1.6% rate from the 2020 Census until 2024.

According to the press release, Pinnacle Funeral Service, along with its partnership with Rollings Funeral Service, is one of the largest and fastest growing privately-owned funeral service operators in the United States with over 100 locations across 20 states.

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There is a lot happening in the Death Care world. . . especially when it comes to Death Care businesses changing hands.  We recently learned that Funeral Partners, one of  Great Britain’s largest Death Care providers with approximately 280 locations across the country may be up for sale.  And, it may be a prominent private equity company, who once had a holding in Death Care that may be interested.

This article from Sky News indicates that Funeral Partners “is in detailed talks” with private equity company Duke Street and indicates that a sale price could be “worth close to US$ 267 million”.

The article points out that Funeral Partners does close to 20,000 cases annually and that Duke Street once was an owner of Laurel Funerals.

Here is the website for Duke Street.

Funeral Director Daily take:  It is interesting to note that private equity firm Montagu is the current owner of Funeral Partners.  Here is their website with information on their Funeral Partners holding which they apparently have owned since 2016.

It is interesting to realize that what I believe are the four largest Death Care operators in Great Britain are either part of a corporate conglomerate with holdings outside of Death Care or owned by private equity companies.

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“A servant’s attitude guided by Christ leads to a significant life”