Acquiring Company
Propel Funeral Partners Limited
Acquired Company
Various funeral businesses in New Zealand
Australia
New ZealandHospitalityDescription
Propel Funeral Partners Limited has agreed to acquire three funeral businesses in New Zealand for up to AUD 9.1 million. This acquisition is expected to expand Propel's operational network significantly. The acquired businesses have a combined annual revenue of approximately AUD 4 million and conduct over 700 funerals annually. Propel's strategy relies on acquisitions to enhance service capabilities alongside growing funeral volumes.
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Based on deal dataFrequently asked
Who acquired Various funeral businesses in New Zealand?
Various funeral businesses in New Zealand was acquired by Propel Funeral Partners Limited, based in Australia. The deal was reported on September 14, 2026. Propel Funeral Partners operates funeral service businesses across Australia and New Zealand, providing funeral arrangements, cremation services, cemetery operations, and related death care services. Propel Funeral Partners Limited is privately held and operates in Hospitality.
When did Propel Funeral Partners Limited acquire Various funeral businesses in New Zealand?
Propel Funeral Partners Limited's acquisition of Various funeral businesses in New Zealand was reported on September 14, 2026. Propel Funeral Partners Limited has agreed to acquire three funeral businesses in New Zealand for up to AUD 9.1 million. This acquisition is expected to expand Propel's operational network significantly. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Various funeral businesses in New Zealand do?
The acquired businesses consist of several funeral operators in New Zealand. Collectively, they are known for generating significant annual revenue and conducting numerous funerals each year. It is privately held, and is based in New Zealand.
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