Carriage Services Expands Presence in Texas With the Acquisition of Funeral Home Group
HOUSTON, April 7, 2011 /PRNewswire/ -- Carriage Services, Inc. (NYSE: CSV) announced today that it has acquired the Schooler Funeral Group located in Amarillo, Texas. The business was established by the former owner, Jim Schooler, who will continue to be actively involved in the day-to-day operations of the business. Carriage currently owns two other funeral homes and a cemetery in the Amarillo market. Additionally, in late 2010 Carriage welcomed two very well-respected funeral leaders from within the local community, Garre and Tommy LaGrone. With the addition of this business and the involvement of the Schooler family, Carriage's presence in this market is positioned to become the leading local operator.
J. Bradley Green, Executive Vice President, Strategic Development of Carriage, said, "The addition of this respected business combined with our current presence in the market will allow Carriage to continue its commitment to upholding and building upon the standard of service, excellence and reputation for which it's known."
Carriage Services is a leading provider of death care services and merchandise in the United States. Carriage operates 150 funeral homes in 25 states and 33 cemeteries in 12 states.
Certain statements made herein or elsewhere by, or on behalf of, the Company that are not historical facts are intended to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on assumptions that the Company believes are reasonable; however, many important factors, as discussed under "Forward-Looking Statements and Cautionary Statements" in the Company's Annual Report and Form 10-K for the year ended December 31, 2009, could cause the Company's results in the future to differ materially from the forward-looking statements made herein and in any other documents or oral presentations made by, or on behalf of, the Company. The Company assumes no obligation to update or publicly release any revisions to forward-looking statements made herein or any other forward-looking statements made by, or on behalf of, the Company. A copy of the Company's Form 10-K, and other Carriage Services information and news releases, are available at www.carriageservices.com.
SOURCE Carriage Services, Inc.
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