Announced
Completed
SPWOne and Phoenix Asset Management-backed Castelnau Group completed the acquisition of Dignity for £789m.
Financials
Sources
RNS Announcement
Dignity -
RNS Announcement
Valderrama -
RNS Announcement
Valderrama -
RNS Announcement
Valderrama -
RNS Announcement
Valderrama -
RNS Announcement
Valderrama -
RNS Announcement
Valderrama -
RNS Announcement
Valderrama -
RNS Announcement
Valderrama -
RNS Announcement
Valderrama -
RNS Announcement
Dignity -
Completion Announcement
Dignity -
Tags
Acquisition
Majority
Domestic
Funeral Parlors and Cemetery
Private Equity
funeral services
Friendly
United Kingdom
Public
Single Bidder
Privatisation
Completed
Synopsis
SPWOne, an investment firm, and Phoenix Asset Management-backed Castelnau Group, a holding company, completed the acquisition of Dignity, a funeral services provider, for £789m ($733m). "Dignity has long-term growth potential - the signs are clear to me. But the changes and significant development work and investment needed to enable this growth mean the best way forward for Dignity is as a private company," Peter Wood, SPWOne Chairman.
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