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.”
-
Hoosier fans return to Indiana after Rose Bowl win
The first wave of Hoosier fans arrived at Indianapolis International Airport late Friday morning, less than 24 hours after the Hoosiers' 38-3 victory over Alabama.
17-year-old dies in Indianapolis' first homicide in 2026
A 17-year-old was found with fatal gunshot wounds after his vehicle crashed into a tree early Friday morning on Indianapolis' near east side, marking the city's first homicide of 2026.
Tattoo artist plans convention to break stigma around ink and mental health
'Tattoos Saved My Life' founder to bring artists together in 2027 for stories of art and resilience.
Zionsville organization awarded for conservation amid community development
A 215-acre nature preserve in Zionsville is receiving a $25,000 grant from the Indianapolis-based Meridian Foundation, as the community works to balance growth with conservation efforts.
