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.”
-
Teen driver faces OWI causing death charge in fatal Madison County crash
An 18-year-old Anderson man has been charged with operating while intoxicated causing death after a fatal head-on collision Thursday morning near Markleville.
Indiana's Cignetti wins 2025 Dodd Trophy for coaching excellence
Indiana head coach Curt Cignetti has been named winner of the 2025 Dodd Trophy, college football's most coveted national coaching award.
Bruno Mars announces first stadium tour in nearly a decade, coming to Indy
Bruno Mars announced his first stadium tour in nearly a decade with a stop in Indianapolis this fall.
I-465 westbound closed after crash near Beech Grove
The crash occurred between Exit 52 at South Emerson Avenue and South 9th Avenue in Beech Grove, according to INDOT.
