Announced

Completed

Santander UK completed the acquisition of Pure Cremation from Puma Investments.

Synopsis

Santander UK, a diverse retail and commercial bank, completed the acquisition of Pure Cremation, a provider of direct cremation pre-paid plans and simple cremation services, from Puma Investments, a growth equity firm. Financial terms were not disclosed. “Pure Cremation’s astonishing growth is thanks to commitment to excellence and Puma has played a pivotal role in our ability to attract superb staff, develop robust systems and construct our state-of-the-art crematorium, Charlton Park. We are incredibly grateful for their support, expertise and their confidence in Pure Cremation at the start of our journey and we’re delighted that Santander UK’s market-leading refinancing services have enabled us to give Puma a healthy return on their investment," Bryan Powell, Pure Cremation CEO and Co-Founder.

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