Announced
Synopsis
Private equity firm Darwin Alternatives’ Darwin Bereavement Services Fund, agreed to acquire Memoria, a developer and operator of high-quality, private crematoria and memorial parks. Financial terms were not disclosed. “Memoria is a transformational acquisition for our DBS Fund. We share Memoria’s vision and mission to provide an exceptional service to bereaved families and to serve our communities compassionately. I look forward to working with him, Jamieson and the rest of the Memoria team to realise our shared vision for contemporary funeral care. This acquisition further reinforces the sustainable, predictable, uncorrelated income stream we can deliver to our investors," James Penney, Darwin Alternatives Chairman.
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