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New Deal


Announced

Completed

Funecap completed the acquisition of Centro Funerario Bergamasco.

Financials

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

Sources

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funeral services

Majority

Italy

Funeral Parlors and Cemetery

Acquisition

Domestic

Private

Completed

Single Bidder

Synopsis

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Funecap, a first pan-European group in the funeral services and infrastructure sector, completed the acquisition of Centro Funerario Bergamasco, a sub-holding dedicated to funeral services. Financial terms were not disclosed. “We express satisfaction at the start of a partnership that will allow us to accelerate our desire to invest in funeral infrastructures, to raise the level of service offered to families and to introduce elements of evolution in a sector that presents ample margins for development and optimization thanks to the sharing of best practices adopted by the most promising companies active in Italy and the rest of Europe,” Funecap Group Manager.

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