M&A Deal Summary

Foundation Partners Acquires Cake

On October 2, 2024, Foundation Partners acquired consumer services company Cake

Acquisition Highlights
  • This is Foundation Partners’ 11th transaction in the Consumer Services sector.
  • This is Foundation Partners’ 11th transaction in the United States.
  • This is Foundation Partners’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2024-10-02
Target Cake
Sector Consumer Services
Buyer(s) Foundation Partners
Deal Type Add-on Acquisition

Target

Cake

Boston, Massachusetts, United States
Cake specializes in providing comprehensive end-of-life planning and resources, helping individuals and families navigate various aspects of mortality. Cake is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Foundation Partners

Orlando, Florida, United States

Category Company
Founded 2010
Sector Consumer Services
DESCRIPTION

Foundation Partners is a provider of end-of-life transition services, owning and operating 38 funeral homes and six cemeteries in 13 states, and is actively seeking to expand its locations throughout the U.S. Foundation Partners was founded in 2010 and is based in Orlando, Florida.


DEAL STATS #
Overall 11 of 11
Sector (Consumer Services) 11 of 11
Type (Add-on Acquisition) 11 of 11
State (Massachusetts) 1 of 1
Country (United States) 11 of 11
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-28 Bay Area Cremation Society

Brentwood, California, United States

Bay Area Cremation Society operates the crematory and engages in the cremation process The facility is state of the art and is monitored via cameras 24 hours a day. Bay Area Cremation Society is based in Brentwood, California.

Buy -