Announced
Financials
Sources
Tags
funeral plans
Private
Pending
Single Bidder
Funeral Parlors and Cemetery
United Kingdom
Domestic
Acquisition
Majority
Private Equity
Friendly
Synopsis
Epiris, a private equity firm, agreed to acquire Pure Cremation, a provider of prepaid funeral plans in the UK. Financial terms were not disclosed. "Pure is a real innovator. It is built on a determination to offer a simple, respectful alternative to a traditional funeral and so operates to the very highest standards with great care taken at every stage of the process. The opportunity now for us is to take Pure to the next level in terms of scale and growth by bringing new experience and expertise into the business; we are excited to have partnered with Dean on this transaction and are looking forward to working with him and the Pure team to do just that," Owen Wilson, Epiris Partner.
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