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Jeannette-based cemetery company sold to Pittsburgh investment firm


Joe Napsha | Tribune-Review
Joe Napsha | Tribune-Review
 
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A Pittsburgh private equity firm purchased a Jeannette-­based company that is one of the largest privately owned gravesite operators in the nation, with 26 memorial parks, including four in Westmoreland County and another in Washington County.
Stonewood Capital Management said this week an unnamed affiliate purchased CMS East Inc. on Agnew Road for an undisclosed price. CMS owns Westmore­land Memorial Park in Hempfield, Penn-Lincoln Memorial Park in North Huntingdon, Jeannette
Memorial Park and Greenwood Memorial Park in Lower Burrell, as well as nine others in the state and memorial parks in Ohio, Maryland, and the Carolinas. ....

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