About Funeral Services Partnership
Funeral Services Partnership is a company based in Reading (United Kingdom) founded in 2007 was acquired by Montagu in May 2016. Funeral Services Partnership has raised $111.72 million across 2 funding rounds from investors including HSBC, Maven Capital Partners and August Equity. The company has 987 employees as of September 30, 2023. Funeral Services Partnership offers products and services including Funeral Arrangements, Prepaid Funeral Plans, Bereavement Support, and Online Directory. Funeral Services Partnership operates in a competitive market with competitors including Settld, Guardian Angel, Laurel Funerals, Avalon Funeral Plans and Heartlink, among others.
- Headquarter Reading, United Kingdom
- Employees 987 as on 30 Sep, 2023
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Sectors
Media & EntertainmentBusiness Services
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Phone
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Website
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Social
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- Legal Name Funeral Partners Limited
- Date of Incorporation 12 Jun, 2007
- Jurisdiction NOTTINGHAM
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Annual Revenue
$90.34 M (USD)16as on Sep 30, 2023
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Net Profit
$16.13 M (USD)36as on Sep 30, 2023
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EBITDA
$14.8 M (USD)41as on Sep 30, 2023
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Total Equity Funding
$111.72 M (USD)
in 2 rounds
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Latest Funding Round
$74.4 M (USD), Seed
Nov 27, 2017
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Investors
HSBC
& 4 more
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Employee Count
987
as on Sep 30, 2023
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Acquired by
Montagu
(May 10, 2016)
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Products & Services of Funeral Services Partnership
Funeral Services Partnership offers a comprehensive portfolio of products and services, including Funeral Arrangements, Prepaid Funeral Plans, Bereavement Support, and Online Directory.
Services for planning and conducting funerals with community support
Plans to prepay funeral costs for future needs
Assistance and resources for coping with grief
Platform to find and compare funeral homes
People of Funeral Services Partnership
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Funding Insights of Funeral Services Partnership
Funeral Services Partnership has successfully raised a total of $111.72M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $74.4 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Funeral Services Partnership
Funeral Services Partnership has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, Maven Capital Partners and August Equity.
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August Equity is engaged in lower mid-market private equity investments.
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Multiple sectors are targeted for private equity investments.
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Montagu Private Equity is engaged in mid-market business investments.
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Investor details for Funeral Services Partnership
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Investments & Acquisitions by Funeral Services Partnership
Investment portfolio details for Funeral Services Partnership
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Financial Statements - Funeral Services Partnership
Detailed financials for Funeral Services Partnership
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Funeral Services Partnership Comparisons
Peer comparison for Funeral Services Partnership
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Competitors of Funeral Services Partnership
Funeral Services Partnership operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Settld, Guardian Angel, Laurel Funerals, Avalon Funeral Plans and Heartlink, among others.
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Automated death settlement management is facilitated via an online platform.
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Funeral services are planned and booked via an online platform.
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Funeral homes and services are compared via an online marketplace.
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Pre-paid funeral plans are provided across the UK and Europe.
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Online platform for funeral planning and family support provided.
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Detailed competitors of Funeral Services Partnership
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Latest news on Funeral Services Partnership
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Frequently Asked Questions about Funeral Services Partnership
Funeral Services Partnership was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Funeral Services Partnership is headquartered in Reading, United Kingdom.
Funeral Services Partnership is a funded company, having raised a total of $111.72M across 2 funding rounds to date.
As of Sep 30, 2023, the latest employee count at Funeral Services Partnership is 987.
Annual revenue of Funeral Services Partnership is $90.34M as on Sep 30, 2023.
Funeral Services Partnership was founded in 2007 and is headquartered in Reading, United Kingdom. A network of over 130 funeral directors is operated, through which funerals and memorial services are planned and arranged for families. Approximately 10,500 funerals are handled annually, based on 2016 figures. The company was acquired by private equity firm Montago from August Equity Partners in May 2016.
Funeral Services Partnership's top competitors include Settld, Guardian Angel and Laurel Funerals.
Funeral Services Partnership offers Funeral Arrangements, Prepaid Funeral Plans, Bereavement Support, and Online Directory.
Funeral Services Partnership has 5 investors. Key investors include HSBC, Maven Capital Partners, August Equity, Octopus Investments, and Montagu Private Equity.