Private Equity Conversations with Fexingo · 2026-08-21 · 12 min
Private equity has been quietly consolidating funeral homes and crematoriums for years, but a new wave of deals is targeting a niche corner of the death-care industry: cremation-only facilities. In this episode, Lucas and Luna dig into the economics behind the cremation boom - how rising cremation rates, lower overhead, and predictable cash flows have made these assets attractive to PE firms like Service Corporation International and StoneMor. They walk through a typical acquisition: a family-owned crematorium in a mid-sized city, the multiples paid, and the operational playbook PE firms use to boost margins. They also ask the uncomfortable question: what happens to pricing and quality when private equity rolls up death care? And they explore the counter-move: employee-owned funeral co-ops that are trying to keep consolidation at bay. Tune in for a concrete look at the business of mortality - and why your final bill might be higher because of it.
Other episodes covering the same guests and topics, from across The B2B Podcast Index.
How Private Equity Transformed Your Local Grocery Checkout75 / 100The Quiet Consolidation Of Commercial RoofingHow Private Equity Bought Your Power GridThe Silent Takeover of Nursing HomesHow Private Equity Bought Your Local Funeral Homes
