The Journey Group Completes Acquisition of Southern California Business
New Orleans, LA, September 27, 2017: The Journey Group, an experienced enterprise in the funeral home, cemetery, and cremation services industry, announced today the acquisition of a two-location cremation business spanning most of southern California. This marks the fourth business The Journey Group has acquired in the 3rd quarter of 2017. Additionally, the Company has an additional six businesses under contract in the final stages of reaching financial closure.
CEO of The Journey Group, Larry Merington, noted: “There are approximately 20 million people living in the corridor of Los Angeles to San Diego, California and 60%+ of these residents have chosen or will choose cremation as their disposition of choice for funeral services. With this acquisition, we will now help serve over 4,000 families annually, providing proven and secure cremation operations throughout the entire Southern California region. This is a great opportunity for us as we now can combine our extensive cremation experience with a strategic presence in the metro Los Angeles area.”
Glenn McMillen, COO, added: “The residents of Southern California are blessed with many unique and personalized options for funeral services and cemetery memorialization, many of which The Journey Group team developed and pioneered in prior years as long-term participants in the death care profession. So it is very rewarding for us to be back in California and once again assisting families with their cremation needs.”
About The Journey Group: The Journey Group focuses on helping independent funeral home, cremation and cemetery owners transition their businesses by tailoring the transition to ensure legacy and reputation are preserved in the community; the group wants owners to be confident that The Journey Group is the firm of choice as a successor. The management team has over 140 years of combined acquisition and operating experience in the death-care profession ranging from owning and operating their own funeral homes to managing multiple locations. Most of the management team members are life-time funeral, crematory and cemetery professionals.