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New Deal


Announced

Darwin Alternatives’ DBS Fund to acquire Memoria.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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funeral services

Funeral Parlors and Cemetery

Majority

Pending

Private

Single Bidder

funeral home

Domestic

Private Equity

Friendly

Acquisition

United Kingdom

Synopsis

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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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