Acquisition of Heritage Funeral and Cremation Services

Carriage Services Announces the Acquisition of Heritage Funeral and Cremation Services and Forest Lawn East Cemetery

HOUSTON, October 25, 2022 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV)

(“Carriage” or “Carriage Services”) is pleased to announce that it has acquired substantially all the assets of Heritage Funeral and Cremation Services and Forest Lawn East Cemetery (“Heritage”), a business consisting of three stand-alone funeral homes, a cemetery, and a cremation focused business, located in the Charlotte, North Carolina market.

“When we started considering our options for a succession plan, we knew exactly the type of company we had in mind.  We wanted a company that would respect us and what our team had built and would allow us the flexibility to continue operating as we always had to achieve our goals and serve our families.  We were able to find all that and more with Carriage and the transition has been seamless thanks to their approach in blending us into their operation.  I cannot wait to see what the future holds for all of us,” stated Harris High and Carolyn Williams, former owners of Heritage Funeral and Cremation Services and Forest Lawn East Cemetery for the last 25 and 51 years respectively.

“As we have gotten to know Harris and Carolyn, we have had the good fortune to learn more about their passion for Heritage, Forest Lawn East, their community and their team.  We are committed to protecting and building upon that passion and the legacy that they, along with Carolyn’s father, have built over the years.

The addition of Heritage, as a leader serving more than 1,200 families a year in one of the fastest growing markets in the country, aligns well with our focus on partnering with the best remaining independent funeral and cemetery businesses in high growth strategic markets. We are honored that Harris and Carolyn have selected Carriage and we look forward to supporting the Heritage team in the years to come,” stated Steve Metzger, Executive Vice President and Chief Administrative Officer for Carriage Services.

About Carriage Services

Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 173 funeral homes in 26 states and 32 cemeteries in 11 states.  For more information, please contact us at [email protected].