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March 28th, 2024 | Dallas, TX – Rosewood Private Investments (“RPI” or "Rosewood") is pleased to announce the acquisition of Milestone Funeral Partners ("Milestone").
Based in Auburn, Maine, Milestone is a rapidly expanding platform in the funeral, burial, cremation and broader deathcare services sector, serving communities in the Northeast.
Mike Martel, CEO of Milestone, said, “I am extremely excited about our partnership with Rosewood and their investment in the future of Milestone Funeral Partners. Our leadership team was deliberate in selecting a partner with aligned core values of integrity, respect, and honesty, and we believe RPI is the ideal partner to proudly foster our organic growth efforts and vigorous acquisition strategy. RPI’s investment and support will allow Milestone to realize the full potential and value of our company to build lasting local legacies.”
"The Milestone team’s intense focus on culture, innovation, and integrity puts the company in the enviable position of being the acquiror of choice in the deathcare services market”, said Derry Burns, Director at RPI. “We are thrilled to partner with such a high-quality team and support their already exciting growth trajectory."
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