The Signature Group Acquires DeVargas Funeral Home
HOUSTON, TEXAS – June 20, 2017 – The Signature Group announced today that it has acquired DeVargas Funeral Home and Crematory from Johnny DeVargas. With an intense focus on family service in the greater Northern New Mexico community, Johnny has grown DeVargas Funeral Home into one of the largest funeral homes in New Mexico serving over 500 families annually.
J. Bradley Green, co-founder of the Signature Group, stated “The acquisition of DeVargas Funeral Home represents a significant expansion in our New Mexico market. We are very pleased that Johnny made the decision to entrust his family business and its impeccable reputation to the Signature Group. Our focus on improving family service at all levels will allow us to continue to build on and protect the impeccable reputation of DeVargas Funeral Home.”
“Johnny DeVargas’ decision to entrust his family business to the Signature Group validates our belief that there are some owners whose priority is making sure their business remains operationally strong and under the control of individuals who share their long-term focus on serving families for many years to come. For these owners, the Signature Group is a very attractive succession planning option,” Jay D. Dodds, co-founder of the Signature Group, added. Johnny DeVargas, owner, stated, “When evaluating my available options, the decision to partner with the Signature Group was obvious. They are a privately held company with the same focus on serving families as DeVargas Funeral Home. As a group, we are extremely excited about this new chapter in DeVargas’ history.”
The Signature Group provides independent owners the opportunity to join a company founded by two individuals with proven track records and whose operational goal is to build a long-lasting organization that remains independent.
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