Batesville Casket Company sold to private investment firm

  • 📰 wrtv
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The company, which is a leading provider of products and services surrounding death care, is being purchased by LongRange Capital, a private investment firm in a deal valued at $761.5 million.

According to a release from LongRange Capital, the purchase of Batesville is expected to close in the first quarter of 2023.

“As longer-term oriented investors with an operational focus and significant carve-out experience, we look forward to partnering with the Batesville management team and its dedicated associates in further supporting the business for many years to come,” Bob Berlin, Managing Partner at LongRange, said. “We are greatly appreciative of Batesville’s long and successful operating history as part of Hillenbrand and we look forward to working closely to execute a seamless transition.

“Batesville is a strong business with passionate associates who are committed to our customers and our mission of helping families honor the lives of those they love,” said Chris Trainor, President of Batesville. “We are excited to mark this important milestone for Batesville, and to work closely with LongRange as we position the business for its next chapter.”

TOP STORIES: Bullet links Richard Allen to Delphi murders | New push to name 17 unidentified victims of Indiana serial killer | Who is Herbert Baumeister? What we know about Indiana serial killer | IACS says 'animals will die' if they don't get fosters, adopters soon | Richard Allen charged in 2017 murders of Libby & Abby

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 598. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Revere Capital looks to push forward as banks pull back - Dallas Business JournalRevere Capital's Jeff Salladin and Clark Briner discussed the opportunities they're seeing in today's market, creating value for investors and borrowers and more in this interview with the Dallas Business Journal.
Herkunft: DallasBizNews - 🏆 525. / 51 Weiterlesen »

The Capital Grille will open a location in Southlake in 2024 - Dallas Business JournalThe filing details a $1.8 million renovation and alteration of a 9,300-square-foot property that is slated to begin in June 2023 and be completed in February 2024.
Herkunft: DallasBizNews - 🏆 525. / 51 Weiterlesen »