Carriage Services Acquires California Funeral Home

June 17, 2010
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imageCarriage 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.

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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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