PRIVATE EQUITY OWNED
Everstory Partners
Includes StoneMor, StoneMor Partners
Funeral / Cemetery · Altamonte Springs, FL
- PE Firm
- Axar Capital Management
- Year Acquired
- 2022
A PE firm took the troubled StoneMor cemetery chain private, retired the tarnished name, and the complaints kept coming.
What They Did
- Axar Capital Management took the troubled cemetery operator StoneMor private in 2022, then rebranded it 'Everstory Partners' in 2023
- Acquired 72 additional cemeteries and 11 funeral homes from Park Lawn Corporation in late 2023
- Now operates 450+ locations across more than 20 states and Puerto Rico, one of the largest deathcare companies in the US
Since the Acquisition
- BBB complaints cite unauthorized charges, months-long delays on contracted headstone work, and refusals to honor written agreements
- Grieving families report unanswered calls, unfulfilled promises, and bureaucratic runarounds during the worst moments of their lives
Sources
- Everstory Partners BBB Complaints(2024-01)
- StoneMor Becomes Everstory Partners(2023-04)
- Park Lawn to Sell 72 Cemeteries, 11 Funeral Homes to Everstory Partners in $70M Transaction — FuneralVision(2023-10)
- Everstory Partners Earns 2025 Great Place To Work Certification (PRNewswire)(2025-05)
- Everstory Partners to Manage 84 Additional Cemeteries and Funeral Homes (PRNewswire)(2023-10)