Alleghany Capital Acquires 45% Stake in Wilbert Funeral Services

June 28, 2017

Alleghany Capital Corporation has entered into a definitive agreement to acquire a 45% equity interest in Wilbert Funeral Services, a leading provider of burial vaults, cremation products and precast concrete solutions for the funeral and cemetery industries. The minority investment establishes a long-term partnership to support Wilbert's management team in pursuing profitable growth, product innovation and potential acquisitions while preserving the company’s culture.

Buyers
Alleghany Capital Corporation
Targets
Wilbert Funeral Services, Inc.
Sellers
Majority owners of Wilbert (unnamed), Joseph U. Suhor, III (Chairman of the Board of Directors of Wilbert)
Industry
Manufacturing
Location
Kansas, United States
Transaction Type
Growth capital

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