NewsBite

Street Talk

Grave affair: Propel Funeral Partners bankers up, eyes on IFM

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

As InvoCare’s shareholders prepare to vote at the scheme meeting that would formalise its $2.2 billion take-private by TPG Capital on October 31, it is the No.2 death care services player’s turn for an open casket.

Propel is the second-biggest player in Australia’s highly fragmented death care industry.  Michele Mossop

Loading...
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Original URL: https://www.afr.com/street-talk/grave-affair-propel-funeral-partners-bankers-up-eyes-on-ifm-20231019-p5edla