05.12.2017 22:20:00
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Carriage Services Announces Acquisition of Thomas F. Dalton Funeral Homes in Floral Park, NY- New Hyde Park, NY- Williston Park, NY- Levittown, NY and Hicksville, NY
HOUSTON, Dec. 5, 2017 /PRNewswire/ -- Carriage Services, Inc. (NYSE: CSV) is pleased to announce that we have partnered with Thomas F. Dalton Funeral Homes located in Long Island, NY. Thomas F. Dalton Funeral Homes date back to 1924 when Thomas F. Dalton began serving the families of Floral Park operating from a single facility. Tim Dalton and Beth Dalton-Costello, third generation Daltons', entered the family business in 1977 and 1983 respectively and later transitioned into owners of the business. Under their leadership the business has grown to the surrounding communities and now serves over 900 client families annually through their five chapels. Consistent with our Strategic Acquisition Model and Ten Year Vision, Carriage has partnered with an elite business that has a top-quality reputation in one of our large strategic markets.
Mel Payne, Chairman and CEO of Carriage Services stated, "The partnership with Thomas F. Dalton Funeral Homes enhances our portfolio of businesses in the strategic market of Long Island and will accelerate the second five year timeframe of our Good To Great Journey. We are delighted to have continuity of Dalton Family involvement in the business and community with Beth staying on under a five year Employment Agreement."
Beth Dalton-Costello states, "Our priorities have always been to the families we serve. It is vital to my cousin Tim and I that we listen to and fulfill the families' needs and requirements during their most difficult time. We feel it is a privilege to be chosen by a family and take the trust they place in us with profound seriousness. When it was time to ensure that the Dalton Funeral Homes and our philosophy of service would continue to be available to our communities, we sought out the Carriage family as the best possible partner we could choose."
Carriage Services is a leading provider of deathcare services and merchandise in the United States. Carriage operates 179 funeral homes in 29 states and 32 cemeteries in 11 states.
SOURCE Carriage Services, Inc.
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