Alleghany Capital completed the acquisition of a majority stake in Wilbert Funeral Services.

Alleghany Capital, a private equity firm, completed the acquisition of a majority stake in Wilbert Funeral Services, a provider of products and services for the funeral and cemetery industries and precast concrete markets. Financial terms were not disclosed. "Having worked closely with Wilbert for almost three years, we have developed a deep respect for the entire team. Wilbert has a solid business model with numerous growth opportunities and Alleghany Capital looks forward to assisting the company, its employees, and its licensees as they continue to build on Wilbert's long and impressive history. Since its founding in 1880, Wilbert has persevered through periods of macro-economic uncertainty and we are committed to working with the Wilbert team to successfully navigate the current environment," David Van Geyzel, Alleghany Capital President and Chief Executive Officer.