Carriage Services Acquires California Funeral Home
Carriage Services Inc. has acquired funeral home business Heritage Memorial Services.
Financial terms of the deal were not disclosed.
Houston-based Carriage, also a death care services provider, purchased Huntington Beach, Calif.-based Heritage from Dennis and Linda Gallagher.
The Gallaghers opened Heritage in 2001. It serves more than 560 families annually.
Carriage (NYSE: CSV) said that the Gallaghers will continue to be involved in Heritage as well as act as consultants to Carriage.
The acquisition gives Carriage 140 funeral homes in 25 states.
Source: Houston Biz Journal
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