M&A Deal Summary

Service International Acquires Riverbend Cremation Service

On February 14, 2017, Service International acquired consumer services company Riverbend Cremation Service

Acquisition Highlights
  • This is Service International’s 7th transaction in the Consumer Services sector.
  • This is Service International’s 7th transaction in the United States.
  • This is Service International’s 2nd transaction in Iowa.

M&A Deal Summary
Date 2017-02-14
Target Riverbend Cremation Service
Sector Consumer Services
Buyer(s) Service International
Deal Type Add-on Acquisition

Target

Riverbend Cremation Service

Bettendorf, Iowa, United States
website
Riverbend Cremation Service LLC is a provider of a comfortable, private family room for family viewing or reflection prior to cremation.

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Buyer(S) 1

Buyer

Service International

Houston, Texas, United States

website

Category Company
Founded 1962
Sector Consumer Services
Employees16,503
Revenue 4.1B USD (2022)
DESCRIPTION
Entrance to Service Corporation International's corporate headquarters in Houston, Texas.
Entrance to Service Corporation International's corporate headquarters in Houston, Texas.

Service Corporation International (SCI) is a provider of deathcare products and services. Service Corporation owns and operates 1,595 funeral homes and 477 cemeteries (of which 262 are combination locations) in 43 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. Service Corporation International was founded in 1962 and is based in Houston, Texas.

DEAL STATS #
Overall 7 of 7
Sector (Consumer Services) 7 of 7
Type (Add-on Acquisition) 6 of 6
State (Iowa) 2 of 2
Country (United States) 7 of 7
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-14 Weerts Funeral Home

Davenport, Iowa, United States

Weerts Funeral Home, Inc. is a provider of cremation services in US.

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