INDIANAPOLIS — Batesville Casket Company is being sold.
The company, which is a leading provider of products and services surrounding death care, is being purchased by LongRange Capital, a private investment firm in a deal valued at $761.5 million.
According to a release from LongRange Capital, the purchase of Batesville is expected to close in the first quarter of 2023.
“As longer-term oriented investors with an operational focus and significant carve-out experience, we look forward to partnering with the Batesville management team and its dedicated associates in further supporting the business for many years to come,” Bob Berlin, Managing Partner at LongRange, said. “We are greatly appreciative of Batesville’s long and successful operating history as part of Hillenbrand and we look forward to working closely to execute a seamless transition.”
“Batesville is a strong business with passionate associates who are committed to our customers and our mission of helping families honor the lives of those they love,” said Chris Trainor, President of Batesville. “We are excited to mark this important milestone for Batesville, and to work closely with LongRange as we position the business for its next chapter.”
-
110th Indianapolis 500 ticket revealed featuring Alex Palou
The official ticket for the 110th Indianapolis 500 presented by Gainbridge has been unveiled, featuring champion Alex Palou.
Rick Carlisle says NBA did not speak with team doctors before issuing fine
Pacers coach Rick Carlisle said the NBA's investigators did not speak with team doctors or players before issuing a recent $100,000 fine for violating the league’s player participation policy.
Stadium bill clears another hurdle, voting bill stalls as session winds down
As the legislative session winds down, Hoosiers have their eyes on a few pieces of legislation, including a bill that would shorten early voting and another to build a stadium for the Chicago Bears.
Indy expresses interest in hosting NFL Draft as soon as 2030
The 2026 NFL Scouting Combine is underway in Indianapolis, but city leaders are turning their attention to another major sporting event in the future.
