Stay updated with breaking news from Solace Cremation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/PRNewswire/ -- Foundation Partners Group, a leading provider of innovative deathcare solutions, today announced that it has acquired Solace Cremation, a...
Private equity firms are investing in health care from cradle to grave, and in that latter category quite literally. A small but growing percentage of the funeral home industry — and the broader death care market — is being gobbled up by private equity-backed firms attracted by high profit margins, predictable income, and the eventual deaths of tens of millions of baby boomers.
Private equity is buying up funeral homes, enticed by a large industry with reliable income that is still mainly populated by small businesses.
Investors are banking on increased demand in death care services as 73 million baby boomers near the end of their lives.
Private equity firms are investing in health care from the cradle to grave, and in that latter category quite literally. A small but growing percentag