Carriage Services Closes Dilday Brothers Acquisition in California
HOUSTON Sept. 29 /PRNewswire-FirstCall/ -- Carriage Services, Inc. (NYSE: CSV) announced today that it has acquired Dilday Brothers Funeral Directors ("Dilday") in Huntington Beach, Orange County, California. Situated only a block south of Heritage Memorial Services ("Heritage"), which was acquired in June 2010, Dilday is Carriage's second acquisition in Orange County, California this year. The businesses will be integrated as Heritage-Dilday Memorial Services ("Heritage-Dilday") and will serve approximately 1000 families annually with the standard of service, excellence, and reputation for which each is known.
J. Bradley Green, Executive Vice President, Strategic Development of Carriage, said, "This acquisition further strengthens Carriage's strategic presence in the Southern California market and we are excited about the opportunity for Mr. Decatur Dilday (former owner of Dilday) and Dennis and Linda Gallagher (former owners of Heritage) to work together to ensure that the combined businesses remain the highest quality funeral homes in the region."
Carriage Services is a leading provider of death care services and merchandise in the United States. Carriage operates 147 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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