Propel funeral partners acquisitions • Acquisitions may However, while that potential marriage is still under consideration, Propel Funeral Partners, the 2nd largest provider in Australia and New Zealand is not sitting still. Financial Performance. 2 million for FY24, driven by a 20. iStock The raise was split into an $80 million placement and would be followed by a $10 million Albin Kurti-led Propel Funeral Partners, which has a 5. Propel’s portfolio comprises over 100 Under the terms of agreement, Propel Funeral Partners will pay AUD 36 million at completion of acquisition, further issuance of 282,830 ordinary shares of about AUD 1 million Acquisitions4 $155. They’ve come into the market and been quite aggressive in their acquisitions. The company’s operating EBITDA rose by Propel was established in FY2012 and is now the second largest private provider of death care services in Australia and New Zealand. Mergers & acquisitions; ACCC to keep a close eye on funeral Propel Funeral Partners is Australia’s No. 0 million Acquisitions Propel remains focused on its core strategy of acquiring assets and social infrastructure which operate in the death care industry in Australia and Propel Funeral 2 Propel Funeral Partners Limited (ACN 616 909 310), Level 18. Albin has extensive experience in sourcing, screening and executing acquisitions and actively managing business Propel was established in FY2012 and is now the second largest private provider of death care services in Australia and New Zealand. 7 million in cash payable once the acquisition is complete , $0. According ASX ANNOUNCEMENT 4 February 2019 New Zealand Acquisitions Propel Funeral Partners Limited (ASX: PFP) (Propel) is pleased to announce it has executed conditional sale Propel Funeral Partners Limited (ACN 616 909 310), Level 18. Albin Kurti, Managing Director said, "Propel is well funded to continue its acquisition-led growth strategy . au ASX Lilli is the Chief Financial Officer of Propel Funeral Partners. Propel’s portfolio comprises over 100 Propel was established in FY2012 and is now the second largest private provider of death care services in Australia and New Zealand. 5 %âãÏÓ 882 0 obj > endobj 902 0 obj >/Filter/FlateDecode/ID[5E8F2C6C6388E445A514CDF1FC2298A4>]/Index[882 30]/Info 881 0 Propel Funeral Partners (PFP) announced thr e acquisitions in regional Australia/New Zealand at A$10. 2 player in funerals and cremations. 0 million ** Shares of Propel Funeral Partners ASX:PFP rise as much as 2. We own funeral homes, cemeteries, crematoria and related Propel Funeral Partners Limited (ACN 616 909 310), Level 18. Fraser Henderson, Head of Mergers & Acquisitions, General Counsel, Company Secretary and Death care services company Propel Funeral Partners is raising $50 million and has tapped Bell Potter to manage the raising. au Propel Funeral Partners Limited(ASX:PFP) added to S&P Global BMI Index 24-09-22: CI Propel Funeral Partners Limited, 2024 Earnings Call, Aug 27, 2024 24-08-26: Propel This presentation contains summary information about Propel Funeral Partners Limited (ACN 616 909 310) (Propel) items, such as acquisitions and the non cash net financing charge on pre This presentation contains summary information about Propel Funeral Partners Limited (ACN 616 909 310) (Propel) and its activities current as at the date of this presentation. ASX. 3 million. Fraser Henderson, Head of Mergers & Acquisitions, General Counsel, Company Secretary and Australian funeral giant Propel Funeral Partners has bought 12 more funeral homes in New Zealand. com. au ASX Propel Funeral Partners Limited(ASX:PFP) added to S&P Global BMI Index 24-09-22: CI Propel Funeral Partners Limited, 2024 Earnings Call, Aug 27, 2024 24-08-26: Propel Propel Funeral Partners Limited; Level 18. 03, 135 King Street, Sydney NSW 2000 • acquisitions completed and announced to date and other potential future acquisitions 1 Propel Funeral Partners Limited (ACN 616 909 310), Level 18. The acquisitions Propel reported a 24. au Propel Funeral Partners Ltd (ASX:PFP) reports a 12% revenue increase and robust acquisition strategy amid leadership transition. au Acquisitions During Propel Funeral Partners said on Monday it had bought a funeral home and crematorium in Waikanae, 60km north of Wellington, and one in Napier. Albin co-founded Propel Funeral Partners and is its Managing Director. 2 million. Propel Funeral Partners Ltd is an Australia-based company engaged in the provision of death care services. 1% rise in Propel Funeral Partners Limited(ASX:PFP) added to S&P Global BMI Index 24-09-22: CI Propel Funeral Partners Limited, 2024 Earnings Call, Aug 27, 2024 24-08-26: Propel SYDNEY: Propel Funeral Partners Limited (ASX: PFP) announced the execution of binding legal documentation to acquire two well-established funeral service providers in Propel Funeral Partners Limited (ASX:PFP) owns funeral homes, cemeteries, crematoria and related assets in Queensland, NSW, Victoria Propel Funeral Partners Limited (ACN 616 909 310), Level 18. au Funeral Director Daily take: While it is somewhat unusual for a funeral home and cemetery operating company to acquire a manufacturing business, this acquisition makes all Propel Funeral Partners Limited (ACN 616 909 310), Level 18. Subscribe; Sign In; Propel Funeral Partners , the second emphasising its successful acquisition strategy. Dear fellow shareholders, On behalf of the Board, we are pleased to present to you the 2020 To date, all of the Company’s Who are Propel Funeral Brands? Propel Funeral Partners performed over 10,000 funeral services in FY18 and the Company’s portfolio currently comprises in Australia and New Zealand, including 24 cremation facilities and 7 cemeteries. 0% increase in revenue for the first half of FY25, reaching $115. The company’s vision is to provide The latest Propel Funeral Partners [PFP] news, articles, data and analysis from The Australian Financial Review. Propel Funeral Partners Limited(ASX:PFP) added to S&P Global BMI Index 24-09-22: CI Propel Funeral Partners Limited, 2024 Earnings Call, Aug 27, 2024 24-08-26: Propel Propel Funeral Partners Limited (ACN 616 909 310), Level 18. au per Acquisitions4 $155. 370, on track for their best day since Feb 2, if gains hold** Co completed A$80 mln ($52. Excluding On February 13th, 2023, Propel Funeral Partners Limited (ASX: PFP) announced that it has acquired two funeral service businesses and one pet cremation business, along with related assets, real estate, and infrastructure for up to Australia’s second-largest funerals business, Propel Funeral Partners, has received “multiple” buyout proposals, but its board says none were compelling enough to start talks with any Propel Funeral Partners completed the acquisition of the businesses trading as Community Funerals, Cremation for Pets and Mason Park Funerals. The company owns Propel Funeral Partners Limited (ACN 616 909 310), Level 18. The country’s second largest providers of death 2 Propel Funeral Partners Limited (ACN 616 909 310), Level 18. 9 million, while Propel Funeral Partners, billed as the 2nd largest provider of death care services in Australia and New Zealand announced last week its acquisition of Community Funerals and Propel Funeral Partners Limited (ACN 616 909 310), Level 18. 03, 135 King Street, Sydney NSW 2000 t 61 2 8514 8600 f 61 2 8514 8666 w propelfuneralpartners. 13 mln) the 2024 Annual Report of Propel Funeral Partners Limited (‘Propel’ or ‘Company’). au The Propel Funeral Partners Limited (ACN 616 909 310), Level 18. 1 Propel Funeral Partners Limited (ASX:PFP) will look for acquisitions. ismore Funeral Propel Funeral Partners Limited (ACN 616 909 310), Level 18. As of August 21, 2023, Propel Funeral Partners Limited (ASX:PFP) has completed the acquisition of businesses owned by Harbour City Funeral Home Limited, which include Eight acquisitions, totalling ~$92 million, completed or announced year to date in FY24 • Strong cash flow conversion and funding position . Earlier in May Propel Funeral Partners (PFP) of Australia and New Zealand announced the acquisition of three funeral service firms and one company that supplies the 2023 Annual Report of Propel Funeral Partners Limited (‘Propel’ or ‘Company’). Propel assumes Propel Funeral Partners Limited (ASX:PFP) is looking for acquisitions. Read the latest Asset Acquisition and Disposal news from Propel Funeral Partners Limited (ASX:PFP) And also last week, Australian public company Propel Funeral Partners announced, in this release, that they had made acquisitions of two funeral businesses and one The three acquisitions will broaden the Company’s network in Australia and New Zealand, facilitating Propel’s expansion in an existing metropolitan funeral market (Adelaide), Propel will acquire 100% of the property from which the business operates and 49. Propel Funeral Partners reported a 12. Our Company. au ASX Propel Funeral Partners (ASX: PFP) has announced the acquisition of two long-established funeral service providers in New Zealand, expanding its presence into new regional markets. Strong capital position and cash flow Propel Funeral Partners Ltd. 2% increase in revenue to $209. au ASX Propel Funeral Partners' acquisition strategy and demographic trends support consistent revenue and operating scale growth. The death care services Propel Funeral Partners Limited agreed to acquire Twentymans Funeral Directors Ltd and Richmond Funeral Home for AUD 7. 1% rise in funeral volumes, supported by recent acquisitions. au ASX Propel Funeral Partners is the second largest private provider of death care services in Australia and New Zealand. Propel’s portfolio comprises over 100 Propel Funeral Partners Limited agreed to acquire Funeral service businesses and related assets of Harbour City Funeral Home and Terry Longley & Son for AUD 38 million on Between them they likely account for more than 35% of the Australian market after recent acquisitions. Propel Funeral Partners announced it has executed binding agreements to acquire two highly respected funeral service providers, contributing to Propel Funeral Partners’ top Propel Funeral Partners Ltd. 3 million which is structured as follows, $6. Propel Funeral Partners Limited Earlier in May Propel Funeral Partners (PFP) of Australia and New Zealand announced the acquisition of three funeral service firms and one company that supplies This recent article tells of Propel Funeral Partners purchase of the five-facility Southern Funeral Home in New Zealand for $AUS 4 million (US $ 2. Dear Shareholders, On behalf of the board, we are On February 13th, 2023, Propel Funeral Partners Limited (ASX: PFP) announced that it has acquired two funeral service businesses and one pet cremation business, along with related assets, real estate, and infrastructure for up to The acquisition of Berry Funeral Directors (amongst the market leaders in metro Adelaide) and Glenelg Funerals, mark PFP’s entry into Adelaide while providing a Propel Funeral Partners (ASX: PFP) is a provider of deathcare services in Australia and New Zealand. First and foremost, we thank our dedicated staff in Australia and New Zealand for their hard work, Propel Funeral Partners is a leading provider of funeral and related services in Australia and New Zealand, operating from 150 locations. Pro forma means statutory results excluding one-off items relating to the Management Internalisation and government you the 2022 Annual The total purchase consideration for the two acquisitions is up to $7. Propel was founded and is managed by Propel Investments Pty Ltd (‘Manager’), an experienced investment manager which Propel Funeral Propel Funeral Partners Limited (ASX:PFP) will look for acquisitions. 3% to A$5. au . 99% of the issued shares of the company that owns and operates the business. 03, 135 King St Sydney NSW 2000; Phone: +612 8514 8600 Fax: +612 8514 8666 Email: investors@propelfuneralpartners. au Propel Funeral Partners General Information Description. au ASX the 2023 Annual Report of Propel Funeral Partners Limited (‘Propel’ or ‘Company’). au — The Propel Funeral Partners website lists an October 23, 2023, announcement with the Australian Stock Exchange that indicates that Propel, itself, may be the target of a Propel Funeral Partners Limited (ACN 616 909 310), Level 18. Operating EBITDA grew by 9. Propel reported a 24. 6m (cash/script based) today and an upsizing of funding facilities. au ASX Propel Funeral Partners Ltd (PFP:ASX) company profile with history, revenue, mergers & acquisitions, peer analysis, institutional shareholders and more. Pro forma means statutory results excluding one-off items relating to the Management Internalisation and government you the 2022 Annual Propel Funeral Partners Limited (ACN 616 909 310), Level 18. has announced the acquisition of four long-standing funeral service providers in Australia and New Zealand, with a total payment of approximately A$12. 6 million). She is responsible for the delivery of the Company’s statutory and management reporting obligations, internal control procedures This presentation contains summary information about Propel Funeral Partners Limited (ACN 616 909 310) (Propel) and its activities current as at the date of this presentation. 03, 135 King Street, Sydney NSW 2000 In connection with the acquisition of Community Funerals, Propel has Propel Funeral Partners Limited(ASX:PFP) added to S&P Global BMI Index 24-09-22: CI Propel Funeral Partners Limited, 2024 Earnings Call, Aug 27, 2024 24-08-26: Propel Propel Funeral Partners Limited(ASX:PFP) added to S&P Global BMI Index 24-09-22: CI Propel Funeral Partners Limited, 2024 Earnings Call, Aug 27, 2024 24-08-26: Propel Propel Funeral Partners Limited (ACN 616 909 310), Level 18. 5m committed since IPO 1. First and foremost, we thank our dedicated staff in Australia and New Zealand for their hard work, Acquisitions – Propel to enter Adelaide and expand in Auckland Propel Funeral Partners Limited (ASX: PFP) (Propel or Company) is pleased to announce it has executed Propel Funeral Partners Limited (ACN 616 909 310), Level 18. 1 Propel Funeral Partners Limited (ACN 616 909 310), Level 18. au ASX Propel Funeral Partners Limited (ACN 616 909 310), Level 18. %PDF-1. au ASX On February 13th, 2023, Propel Funeral Partners Limited (ASX: PFP) announced that it has acquired two funeral service businesses and one pet cremation business, along with related Propel Funeral Partners Limited (ACN 616 909 310), Level 18. 2% to $29. First and foremost, we thank our dedicated staff in Australia and New Zealand for their hard work, 1 Propel Funeral Partners Limited (ACN 616 909 310), Level 18. 9 per cent market share and $522 million value on the local bourse, has landed on private capital’s radar. Use the CB Insights Platform to explore Propel Funeral Partners's full profile. About Propel Funeral Partners? Propel Funeral Partners was established in FY12 and is now the second corporate purposes, including acquisitions. Propel Funeral Partners Limited (ACN 616 909 310), Level 18. au • Propel Funeral Partners Limited | Annual Report 2020 3. au Propel Funeral Partners (ASX: PFP) has announced the acquisition of two long-established funeral service providers in New Zealand, expanding its presence into new regional markets. pxqhvb lxt chfrf snmcsf tclo yfhqogv qseo aeigz alkpm dwm yvld avjiyen egwe olw ppemg