Propel Funeral Partners Limited (ASX:  PFP) share price continues to grow following its latest announcement that it has successfully completed an $80million institutional placement.

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Albin Kurti, Managing Director of Propel said: “We believe this is the right time to further strengthen our balance sheet, as the Company seeks to continue to execute on its acquisition led growth strategy in what is a highly fragmented industry. The Placement will also provide an opportunity to broaden Propel’s share register and we are pleased to offer all existing eligible shareholders the ability to participate in the capital raising via the share purchase plan (SPP).

Propel intends to use the net proceeds of the Placement and the SPP to pay down debt to provide financial flexibility to pursue further growth initiatives, including acquisitions. 

Who is Propel Funeral Partners

Propel Funeral Partners is now the second largest private provider of death care services in Australia and New Zealand. The company listed on the Australian Stock Exchange in late November 2017 as it sought to emulate InvoCare by buying up smaller family-owned funeral homes.

Propel Funeral Partners (PFP), an ASX-listed company, own funeral homes, cemeteries, crematoria and related assets in Queensland, New South Wales, Victoria, Tasmania, South Australia, Western Australia, the ACT and New Zealand. It provides a broad range of services and products across the death care industry services like Propel own funeral homes, cemeteries, crematoria and related assets in Australia and New Zealand.

propel funeral partners

Shop around and select an independent funeral director

Although most consumers will pick a funeral home brand based on expensive marketing campaigns, it pays to shop around. We wouldn’t consider buying a car or paying for a wedding without learning everything we can about the product or service. The same decision making process should also apply to funerals!

If local ownership and community involvement are important to you, you should ask who owns and operates the funeral home you are considering. By choosing to use the services of an independent funeral director you are selecting the help of a trusted professional – who can help you anywhere, anytime. They are not distracted or bound by corporate rules handed down from head office and shareholders but can be flexible and responsive to individual needs, providing a highly personal and compassionate service.

About eziFunerals

eziFunerals strives to empower consumers to make informed end-of-life decisions. eziFunerals Cradle2grave® approach supports consumers through the funeral process from advance care, and funeral planning, to matching individuals with the right funeral director at the right price. 

We are an independent, Australian-owned and operated company. We are not a subsidiary of any other corporation. We are not part of any other funeral company.

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Peter

Peter Erceg is the Founder and Owner of eziFunerals — Australia’s Independent Funeral Planning Authority. With more than 40 years of experience in government and public health, Peter has become one of the country’s leading voices on funeral transparency, consumer rights, and ethical funeral practices. Through eziFunerals, Peter has built a national platform that empowers Australian families to make informed end-of-life decisions — free from pressure, commissions, and confusion. His goal is simple: "to help every Australian plan smarter, save money, and choose funeral services with confidence." 🕊 eziFunerals was founded by Peter in 2011, as an independent funeral comparison and planning platform that allows consumers to: • Compare local funeral directors and transparent quotes, • Understand real funeral costs across Australia, and • Connect with trusted, independent funeral homes that uphold the Fair Funeral Promise. As Australia’s Independent Funeral Planning Authority, eziFunerals is recognised by media, consumers, and funeral professionals for its leadership in price transparency and consumer protection. “We believe every family deserves a fair, dignified, and affordable farewell — without hidden fees or sales pressure.” 📘 Peter is the author of What Kind of Funeral: A Self-Help Guide to Planning a Meaningful Funeral, a practical guide that has helped thousands of Australians understand their options and avoid unnecessary costs. He regularly contributes articles and commentary on: • Funeral cost transparency and industry reform, • Prepaid funerals and consumer protection, • Emerging trends in eco-friendly and digital memorials, and • The role of AI and technology in end-of-life planning. 🎙 Peter and eziFunerals have been featured in major Australian media outlets including ABC News. His insights continue to shape the national conversation on funeral costs, consumer rights, and ethical practices in the funeral industry. ⚖️ Disclaimer: The views and opinions expressed by Peter Erceg are his own and do not necessarily reflect those of eziFunerals or its members. The information provided on this site is general in nature and should not be taken as personal, legal, or financial advice. Consumers are encouraged to conduct their own research and compare funeral services that best meet their needs and circumstances.