JMH CAPITAL PARTNERS (JMH)
is pleased to announce that it has divested Signature Funeral and Cemetery Investments, LLC, d/b/a The Signature Group
(the “Company”), a recognized leader in the death care industry in the United States.
Founded in 2011 and headquartered in Houston, Texas, The Signature Group, at the time of divestiture, owned and operated 21 funeral homes, 9 cemeteries, and 5 crematoria in Texas, Kansas, Missouri, New Mexico, and Mississippi.
During JMH’s ownership, the Company expanded its location count by ~170% and grew revenue by ~350% through the execution of four strategic acquisitions, optimized marketing efforts, and the development of greenfield locations. Additionally, the Company developed a world-class management team which was critical to acquisition, integration, financial, and operational efforts. The Signature Group was acquired by Park Lawn Corporation (TSX:PLC) as part of its growth strategy and effort to increase its presence in the U.S. market.
Add paragraph text here.