Announced
Completed
Financials
Tags
Completed
France
Funeral Parlors and Cemetery
Acquisition
funeral provider
Minority
Private
Domestic
Friendly
Private Equity
Single Bidder
Synopsis
Private equity firm Latour Capital completed the acquisition of a 33% stake in Funecap, a funeral services and crematoria provider in France, from Charterhouse Capital Partners, one of the longest established private equity firms operating in Europe, for $398m. The management team and Charterhouse will look to provide significant reinvestment alongside Latour. The completion of the transaction is subject to the approval of the competition authorities.
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