King & Spalding has advised Sereni, a portfolio company backed by Netley Capital, Around Partners, Vermec NV and All Seas Capital, on its acquisition of Funeral Partners. The combination brings together two established funeral businesses to form one of the largest funeral groups in Europe, with a presence in Belgium, the United Kingdom, Germany and Poland.
Sereni, based in Antwerp, Belgium, is a fast-growing funeral services platform. It is leading consolidation across the highly fragmented Belgian, German and Polish markets, building on a track record of successful acquisitions of independent providers.
Funeral Partners, previously owned by Montagu, was founded in 2007 and is one of the largest funeral providers in the United Kingdom. It has around 300 funeral homes and almost 1,300 employees, and supports around 30,000 funerals a year.