Carriage Services Buying Up Funeral Homes Like Hotcakes!

Funeral Industry News April 14, 2011
CDFuneralNews

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Carriage Services Buying Up Funeral Homes Like Hotcakes!

imageCarriage Services, Inc. announced today that it has acquired Stanfill Funeral Homes (“Stanfill”) located in Miami, FL. For more than half a century, Stanfill has been an important and trusted member of the Miami-Dade community. The Stanfill business represents Carriage Services’ first entry in the Miami-Dade County market and a continuation of Carriage’s long-term acquisition growth strategy of affiliating with the best independent operators in mostly large strategic markets. William (Bill) J. Martinez, the President and General Manager of Stanfill Funeral Homes, will stay on as the business’ Managing Partner.

J. Bradley Green, Executive Vice President, Strategic Development of Carriage, said, “We are excited to have both Stanfill Funeral Homes and Bill Martinez join Carriage. With over 35 years at Stanfill, Bill has the knowledge and leadership to expand our presence in this new market. Bill personifies many of Carriage’s Guiding Principles through the shared belief that Carriage’s long-term success is driven by hard work, pride of accomplishment and quality in all that we do.”

Carriage Services is a leading provider of deathcare services and merchandise in the United States. Carriage operates 151 funeral homes in 25 states and 33 cemeteries in 12 states.

Certain statements made herein or elsewhere by, or on behalf of, the Company that are not historical facts are intended to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on assumptions that the Company believes are reasonable; however, many important factors, as discussed under “Forward-Looking Statements and Cautionary Statements” in the Company’s Annual Report and Form 10-K for the year ended December 31, 2010, could cause the Company’s results in the future to differ materially from the forward-looking statements made herein and in any other documents or oral presentations made by, or on behalf of, the Company. The Company assumes no obligation to update or publicly release any revisions to forward-looking statements made herein or any other forward-looking statements made by, or on behalf of, the Company. A copy of the Company’s Form 10-K, and other Carriage Services information and news releases, are available at www.carriageservices.com.

Source: Carriage Services