Pure Cremation has been acquired by Epiris
The shareholders of Pure Cremation Ltd have sold the company to Epiris Fund III. The transaction is subject to regulatory approval and is expected to be completed before the end of the year.
Pure Cremation is the leading provider of pre-paid, trust and insurance-backed funeral plans in the UK, allowing people to plan and pay for their own end-of-life arrangements, consequently relieving their families of the stress and expense of doing so. Pure is also a pioneer of the market in direct cremations, which are simple, unattended cremations without a contemporaneous funeral service. This low-cost alternative to a traditional funeral enables a deceased person’s family and friends to mark their loss at a time and place of their choosing.
Epiris is a UK-based private equity firm with more than 25 years’ experience. The firm invests in opportunities to transform and reposition performing or stressed businesses in partnership with exceptional management teams.
Oaklins Cavendish, based in the UK, advised on the agreement to sell Pure Cremation to Epiris Fund III.
Bryan Powell and Catherine Powell
Co-founders, Pure Cremation
Porozmawiaj z zespołem obsługi transakcji
Powiązane transakcje
Yxion has been acquired by Normec
Normec has acquired Dutch consultancy Yxion from Antea. Through this acquisition, Normec continues its acquisition strategy in Europe, while also looking for expansion opportunities in the United States.
Więcej informacjiLuxid Group has sold a minority stake to Voland Partners
Finnish marketing technology pioneer Luxid Group has sold its minority stake to the private equity company Voland Partners to boost its international growth.
Więcej informacjiCreative ITC secures a significant minority investment from LDC
Leading cloud service provider Creative ITC takes the next step in its growth journey, obtaining a minority investment from LDC, the private equity arm of Lloyds Banking Group.
Więcej informacji