Industry Investigation

Consolidation Tracker

Tracking who's buying what in American deathcare. We follow every acquisition, merger, and market shift so families can understand who controls the funeral homes and cemeteries in their communities.

312

Acquisitions YTD

47

SCI Deals

$2.1B

Total Deal Value

23

States Affected

Major Players

A handful of corporations and private-equity-backed firms control a growing share of the deathcare market. Here are the largest consolidators reshaping the industry.

Service Corporation International

1,514 locationsNYSE: SCI

The nation's largest deathcare provider, SCI operates funeral homes and cemeteries in 44 states and eight Canadian provinces. Its aggressive acquisition strategy has reshaped the competitive landscape for decades.

Carriage Services

200+ locationsNYSE: CSV

A publicly traded consolidator focused on premium funeral homes and cemeteries. Carriage has pursued a decentralized operating model, preserving local brand identities while centralizing back-office functions.

StoneMor Partners

300+ locationsNYSE: STON

One of the largest cemetery operators in the United States, StoneMor expanded rapidly through acquisitions before restructuring its partnership structure and continuing to pursue selective deals.

Foundation Partners Group

150+ locationsPrivate

A privately held consolidator backed by private equity, Foundation Partners has been among the most active buyers of independent funeral homes since its founding, targeting mid-market operators across the Sun Belt and Midwest.

Park Lawn Corporation

100+ locationsTSX: PLC

Canada's largest deathcare company has expanded aggressively into the United States, acquiring funeral homes and cemeteries in multiple states and positioning itself as a cross-border consolidator.

Recent Deals

The latest acquisitions and mergers shaping who owns deathcare in America.

Service Corporation International

Acquisition
$89MHouston, TX

SCI acquired a six-funeral-home portfolio from a family-owned group in southeast Texas, marking its largest single-market deal of the year.

Foundation Partners Group

Acquisition
$34MOrlando, FL

Foundation Partners added three Central Florida funeral homes and a cremation service, deepening its presence in one of the fastest-growing retirement corridors.

Park Lawn Corporation

Merger
$52MBuffalo, NY

Park Lawn merged with a regional upstate New York operator, gaining four funeral homes and two cemeteries in its continued cross-border expansion.

Carriage Services

Acquisition
$27MCharlotte, NC

Carriage acquired a high-volume Charlotte funeral and cremation operation, adding significant market share in the Carolinas.

StoneMor Partners

Asset Purchase
$18MPhoenix, AZ

StoneMor purchased cemetery property and pre-need contract portfolios in the Phoenix metro area, expanding its Southwest cemetery footprint.

Service Corporation International

Acquisition
$63MChicago, IL

SCI completed the acquisition of a well-known Chicago funeral home group serving the city's South Side, a deal that drew scrutiny from community advocates.

Why It Matters

Communities Lose Control

When a local funeral home is acquired by a national chain, decisions about pricing, staffing, and services are often moved to a corporate office hundreds of miles away. The families who relied on that home for generations may find a very different experience the next time they walk through the door.

Prices Rise

Research consistently shows that consolidated funeral markets have higher prices. A Federal Trade Commission study found that funeral costs in concentrated markets can run 20–35% higher than in competitive ones, with the burden falling hardest on families with the fewest options.

Choice Disappears

In many towns, consolidation means there is no longer a truly independent funeral home. When every option is owned by the same parent company, families lose the ability to comparison-shop or choose a provider whose values align with their own.

Dive Deeper

Explore our full database of deathcare acquisitions, read investigative reporting on how consolidation affects families, and find out who owns the funeral homes in your area.