Acquisitions: The End of an Era
We had the privilege of having Alan Creedy, mastermind behind the blog Creedy Commentary, spend a few hours at our office Monday morning. We took the opportunity to talk with Alan about different issues facing funeral professionals and how we believe adaptation will be the defining factor in the success or failure for funeral homes and funeral suppliers.
Alan has a gift in the way he can peel back the layers on different issues. His insight on the underlying details that so often get overlooked are so valuable. One of the topics we asked Alan to comment on was the recent acquisitions that have taken place in the profession in the past few months, first with the acquisition of Lohman Funeral Homes by Stonemor and just this past week the acquisition of Aurora Casket Company. These were two businesses that for so many years have been huge advocates of family own operations.
In the video below Alan addresses the Aurora Casket acquisition and how the landscape of the profession isn’t changing, it has changed, and the companies and funeral directors who can’t read the writing on the wall will soon meet their end as well.