Company Research Report: Everstory Partners

Company Overview

• Name: Everstory Partners

• Mission: To create supportive spaces where individuals and families can find solace, meaning, and hope in the midst of loss. Everstory aims to destigmatize death care, blending long-standing traditions with a fresh perspective that views death as a natural part of the human experience.

• Founded: 1999

• Founder(s): No information is available

• Key People:

• Lilly Donohue, President and Chief Executive Officer

• Scott Stefani, Chief Financial Officer

• William Corbett, Chief Investment Officer

• Karen Sheean, Chief People Officer

• Alexandra Sandbach, Senior Vice President of Accounting, Acquisitions and Integrations

• Additional leadership team includes individuals in roles such as Sales & Marketing, Information Technology, Legal, and Operations.

• Headquarters: Bensalem, Pennsylvania

• Number of Employees: No information is available on total employees

• Revenue: No information is available

• Known For: Owning and operating cemeteries, funeral homes, and crematories across the United States and Puerto Rico. Serving over 50,000 families annually through a network of locations providing cemetery, funeral, and cremation services.

Products and Services

• Products Offered:

• Cemetery Services: Providing burial options and cemetery management.

• Funeral Services: Organizing funeral arrangements in funeral homes owned by Everstory.

• Cremation Services: Offering cremation solutions tailored to individual preferences.

• Product Features:

• A diverse range of services tailored to pre-need (before death) and at-need (at death) scenarios.

• Emphasis on personalized support to celebrate the life and legacy of the deceased.

• Comprehensive solutions offered through a national network, yet mindful of local community needs.

Recent Developments

• Corporate Rebranding: As of April 11, 2023, StoneMor Inc. transitioned to Everstory Partners to reflect a renewed mission in the death care industry. The rebranding is more than just a change of name; it signifies the company's commitment to modernizing death care.

• Management Expansions and Transitions:

• On December 20, 2023, Everstory announced the management transition of 84 properties (72 cemeteries, 11 funeral homes, and 1 crematory) across Michigan, North Carolina, South Carolina, and Kentucky. These properties were acquired from Park Lawn Corporation.

• This transition added over 500 team members, marking a cultural transformation within Everstory to enhance service delivery.

• Growth Strategy: Everstory aims to expand its reach and offerings across new communities, aligning with its broader goal of providing comprehensive cemetery and funeral solutions.

• Employee and Cultural Development: The company focuses on growth, development, and care of its employees to better support families.

Conclusion

Everstory Partners is a leading figure in the death care industry in the United States and Puerto Rico, marked by its sizable network of cemetery, funeral, and cremation services. With its rebranding and recent property acquisitions, Everstory is positioned as a compassionate and modern provider, dedicated to honoring the deceased through personalized and meaningful services.