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Carriage Services Announces the Acquisition of Faith Chapel Funeral Homes & Crematory in Pensacola, Florida

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Carriage Services (NYSE:CSV) has announced the acquisition of Faith Chapel Funeral Homes & Crematory in Pensacola, Florida. The acquisition includes two funeral homes and a crematory, with Faith Chapel currently serving approximately 700 families annually as the premier funeral home in the market.

The transaction marks Carriage Services' strategic entry into the Pensacola market and expands its significant presence throughout Florida. Faith Chapel has been serving the Pensacola community for 60 years, and the acquisition aligns with Carriage's 2030 Vision and strategy of partnering with high-quality businesses in growing markets.

Carriage Services (NYSE:CSV) ha annunciato l'acquisizione di Faith Chapel Funeral Homes & Crematory a Pensacola, in Florida. L'acquisizione comprende due case funerarie e una crematoria, con Faith Chapel che attualmente assiste circa 700 famiglie all'anno come principale casa funerale del mercato. L'operazione segna l'ingresso strategico di Carriage Services nel mercato di Pensacola e amplia la sua significativa presenza in tutta la Florida. Faith Chapel serve la comunità di Pensacola da 60 anni, e l'acquisizione è in linea con la Visione 2030 di Carriage e la sua strategia di collaborare con aziende di alta qualità in mercati in crescita.

Carriage Services (NYSE:CSV) ha anunciado la adquisición de Faith Chapel Funeral Homes & Crematory en Pensacola, Florida. La operación incluye dos funerarias y una crematoria, y Faith Chapel atiende actualmente a unas 700 familias al año como la funeraria líder del mercado. La transacción marca la entrada estratégica de Carriage Services en Pensacola y amplía su notable presencia en todo Florida. Faith Chapel ha servido a la comunidad de Pensacola durante 60 años, y la adquisición se alinea con la Visión 2030 de Carriage y su estrategia de asociarse con negocios de alta calidad en mercados en crecimiento.

Carriage Services (NYSE:CSV)가 펜살로사, 플로리다에 위치한 Faith Chapel Funeral Homes & Crematory를 인수했다고 발표했습니다. 이번 인수에는 두 개의 장례식장과 한 화장이 포함되며, Faith Chapel은 현재 시장의 선두 장례식장으로 연간 약 700가족에게 서비스를 제공하고 있습니다. 거래는 펜살로사 시장에 대한 전략적 진입을 의미하며 플로리다 전역에서의 입지를 확장합니다. Faith Chapel은 펜살로스 커뮤니티를 60년 동안 봉사해 왔으며, 이 인수는 Carriage의 2030 비전과 성장하는 시장에서 고품질 기업과 협력한다는 전략과 일치합니다.

Carriage Services (NYSE:CSV) a annoncé l'acquisition de Faith Chapel Funeral Homes & Crematory à Pensacola, Floride. L'opération comprend deux maisons funéraires et une crématorium, Faith Chapel servant actuellement environ 700 familles par an en tant que premier salon funéraire du marché. La transaction marque l'entrée stratégique de Carriage Services sur le marché de Pensacola et étend sa présence significative dans tout l'État de Floride. Faith Chapel dessert la communauté de Pensacola depuis 60 ans, et l'acquisition s'aligne sur la Vision 2030 de Carriage et sa stratégie consistant à s'associer à des entreprises de haute qualité dans des marchés en croissance.

Carriage Services (NYSE:CSV) hat den Erwerb von Faith Chapel Funeral Homes & Crematory in Pensacola, Florida, bekannt gegeben. Die Übernahme umfasst zwei Bestattungsinstitute und eine Feuerbestattungsanlage, wobei Faith Chapel derzeit ca. 700 Familien jährlich bedient und damit führend im Markt ist. Die Transaktion markiert den strategischen Eintritt von Carriage Services in den Pensacola-Markt und erweitert seine bedeutende Präsenz in ganz Florida. Faith Chapel dient der Pensacola-Gemeinschaft seit 60 Jahren, und der Erwerb stimmt mit Carriages Vision 2030 und der Strategie überein, mit hochwertigen Unternehmen in wachsenden Märkten zusammenzuarbeiten.

Carriage Services (NYSE:CSV) أعلنت عن استحواذها على Faith Chapel Funeral Homes & Crematory في بنساكولا، فلوريدا. تشمل الصفقة دارين للجنازات ومُحرقة، وتقدم Faith Chapel حالياً خدماتها لحوالي 700 أسرة سنوياً كأبرز دار جنازة في السوق. تمثل الصفقة دخولاً استراتيجياً لـ Carriage Services إلى سوق بنساكولا وتوسيع حضورها الكبير في جميع فلوريدا. خدم Faith Chapel مجتمع بنساكولا طوال 60 عاماً، ويتوافق الاستحواذ مع رؤية Carriage 2030 واستراتيجيتها في الشراكة مع شركات عالية الجودة في أسواق نامية.

Carriage Services (NYSE:CSV)宣布收购位于佛罗里达州彭萨科拉的Faith Chapel Funeral Homes & Crematory。此次收购包括两家殡葬机构和一座火化厂,Faith Chapel目前作为本地市场的龙头殡仪馆,年服务约为700个家庭。此次交易标志着Carriage Services进入彭萨科拉市场的战略性举动,并扩大其在整个佛州的重要影响力。Faith Chapel已为彭萨科拉社区服务了60年,此次收购符合Carriage的2030愿景及在增长市场与高质量企业合作的策略。

Positive
  • Acquisition of premier funeral home serving 700 families annually
  • Strategic expansion into new Pensacola market
  • Addition of two funeral homes and crematory to portfolio
  • Strengthens Carriage's presence in Florida market
Negative
  • Financial terms and transaction value not disclosed
  • Integration costs and timeline not specified

HOUSTON, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. ("Carriage" or "Carriage Services") is pleased to announce that it has acquired substantially all the assets of Faith Chapel Funeral Homes & Crematory (collectively, "Faith Chapel"), consisting of two funeral homes and a crematory, located in the Pensacola, Florida market.

Mike Atwood, CEO and President of Faith Chapel, stated, “Faith Chapel has served the Pensacola community for sixty years, and our family has been deeply committed to supporting both our community and our team. As we prepare for the next phase of Faith Chapel’s growth, we have chosen Carriage to continue our legacy due to their strong reputation and dedication to service. As we have gotten to know the Carriage team better throughout this process, it has only reassured us that Faith Chapel is in good hands and will continue to serve our community at the highest level.”

Steve Metzger, President of Carriage Services, stated, "As Carriage enters Pensacola, we do so with the premier funeral home in the market, currently serving approximately 700 families a year. We are excited to continue our focus on partnering with high quality businesses in growing markets, by expanding our significant presence throughout Florida.”

Carlos Quezada, Vice Chairman and CEO of Carriage Services, stated, “We are energized to continue our acquisition journey, turning strategy into long-term value creation, accelerating purposeful growth, and moving closer to realizing our 2030 Vision.”

About Carriage Services
Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 164 funeral homes in 24 states and 28 cemeteries in 9 states. Carriage is dedicated to delivering premier experiences through innovation, partnership, and elevated service.

For more information, please contact us at investorrelations@carriageservices.com.

Cautionary Statement

Certain statements made herein or elsewhere by, or on behalf of, Carriage (the "Company") that are not historical facts are intended to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on assumptions that the Company believes are reasonable; however, many important factors, as discussed under "Forward-Looking Statements and Cautionary Statements" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and in the Company’s Quarterly Reports on Form 10-Q, could cause the Company's results in the future to differ materially from the forward-looking statements made herein and in any other documents or oral presentations made by, or on behalf of, the Company. The Company assumes no obligation to update or publicly release any revisions to forward-looking statements made herein or any other forward-looking statements made by, or on behalf of, the Company. A copy of the Company's Annual Report on Form 10-K, the Company's Quarterly Reports on Form 10-Q, and other information about the Company and news releases, are available at https://www.carriageservices.com.


FAQ

What assets did Carriage Services (CSV) acquire in the Faith Chapel acquisition?

Carriage Services acquired two funeral homes and a crematory from Faith Chapel in Pensacola, Florida.

How many families does Faith Chapel serve annually in Pensacola?

Faith Chapel currently serves approximately 700 families per year as the premier funeral home in the Pensacola market.

How long has Faith Chapel been operating in Pensacola?

Faith Chapel has been serving the Pensacola community for 60 years.

How does this acquisition align with Carriage Services' strategy?

The acquisition aligns with Carriage's strategy of partnering with high-quality businesses in growing markets and supports their 2030 Vision for purposeful growth.

Who was the previous owner of Faith Chapel Funeral Homes?

Faith Chapel was previously led by Mike Atwood, who served as CEO and President before the acquisition by Carriage Services.
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