M&A Deal Summary

Carriage Services Acquires Garden of Memories Funeral Home and Cemetery

On May 15, 2014, Carriage Services acquired consumer services company Garden of Memories Funeral Home and Cemetery from Service International

Acquisition Highlights
  • This is Carriage Services’ 28th transaction in the Consumer Services sector.
  • This is Carriage Services’ 29th transaction in the United States.
  • This is Carriage Services’ 4th transaction in Louisiana.

M&A Deal Summary

Date 2014-05-15
Target Garden of Memories Funeral Home and Cemetery
Sector Consumer Services
Buyer(s) Carriage Services
Sellers(s) Service International
Deal Type Divestiture

Target

Garden of Memories Funeral Home and Cemetery

Metairie, Louisiana, United States
Garden of Memories Funeral Home and Cemetery is a provider of carriage services.

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Buyer(S) 1

Buyer

Carriage Services

Houston, Texas, United States

Category Company
Founded 1991
Sector Consumer Services
Employees1,174
Revenue 383M USD (2023)
DESCRIPTION

Carriage Services is a provider of deathcare services and merchandise in the US. It operates 170+ funeral homes in 29 states and 30+ cemeteries in 11 states. Carriage Services was incorporated in 1991 and is headquartered in Houston, Texas.


DEAL STATS #
Overall 29 of 41
Sector (Consumer Services) 28 of 40
Type (Divestiture) 6 of 6
State (Louisiana) 4 of 4
Country (United States) 29 of 41
Year (2014) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-15 Everly-Wheatley Funeral Home

Alexandria, Virginia, United States

Tharp-Sontheimer-Tharp Funeral Home is a provider of carriage services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-25 Neal-Tarpley-Parchman Funeral Home

Clarksville, Tennessee, United States

Neal-Tarpley-Parchman Funeral Home is a provider of funeral services in US.

Buy -

Seller(S) 1

SELLER

Service International

Houston, Texas, United States

Category Company
Founded 1962
Sector Consumer Services
Employees16,503
Revenue 4.1B USD (2023)
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 8 of 8
Sector (Consumer Services) 7 of 7
Type (Divestiture) 8 of 8
State (Louisiana) 4 of 4
Country (United States) 7 of 7
Year (2014) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-15 Everly-Wheatley Funeral Home

Alexandria, Virginia, United States

Tharp-Sontheimer-Tharp Funeral Home is a provider of carriage services.

Sell -
FOLLOWING 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.

Buy -