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Propel Funeral Partners to acquire three NZ funeral businesses

PRIVATEAug 11, 2026about 2 hours ago

Acquiring Company

Propel Funeral Partners

Acquired Company

Evans Funeral Services Leishman Funeral Services Collingwood Funeral Home

AustraliaNew ZealandHospitalityHospitality

Description

Propel Funeral Partners has agreed to acquire three New Zealand funeral businesses: Evans Funeral Services, Leishman Funeral Services, and Collingwood Funeral Home. The acquisition, valued at A$8.3 million in cash, aims to enhance Propel's presence in the New Zealand funeral market. These businesses, generating approximately A$4 million in annual revenue, will contribute significantly to Propel's growth strategy despite challenges in the FY26 outlook.

Company Information

Company

Propel Funeral Partners

Location

Australia

About

Propel is a death-care operator covering funerals, cremations and cemeteries across Australia and New Zealand. The company operates funeral homes and chapels and manages cremation facilities and cemeteries. Propel has primarily grown through the acquisition of established, often family-owned funeral businesses. It has focused on smaller acquisitions to integrate them into its regional network.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Evans Funeral Services Leishman Funeral Services Collingwood Funeral Home?

Evans Funeral Services Leishman Funeral Services Collingwood Funeral Home was acquired by Propel Funeral Partners, based in Australia. The deal was reported on August 11, 2026. Propel is a death-care operator covering funerals, cremations and cemeteries across Australia and New Zealand. The company operates funeral homes and chapels and manages cremation facilities and cemeteries. Propel Funeral Partners is privately held and operates in Hospitality.

When did Propel Funeral Partners acquire Evans Funeral Services Leishman Funeral Services Collingwood Funeral Home?

Propel Funeral Partners's acquisition of Evans Funeral Services Leishman Funeral Services Collingwood Funeral Home was reported on August 11, 2026. Propel Funeral Partners has agreed to acquire three New Zealand funeral businesses: Evans Funeral Services, Leishman Funeral Services, and Collingwood Funeral Home. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Evans Funeral Services Leishman Funeral Services Collingwood Funeral Home do?

The three funeral businesses acquired by Propel include Evans Funeral Services with Gisborne Tairawhiti Cremation Services, Leishman Funeral Services, and Collingwood Funeral Home. It is privately held, operating in Hospitality, and is based in New Zealand.

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