Lonsdale Capital Partners, the UK small to mid private equity firm, has announced its latest acquisition of a majority stake in Nirvana Holdings Ltd, trading as Avalon Funeral Plans.
Manchester based, Avalon is one of the UK’s leading major independent pre-paid funeral plan providers, with successful operations in the UK and also Spain where it serves the UK ex-pat market. Avalon sells funeral plans via a professional and dedicated direct sales team and has a range of plans which are tailored to a customer’s individual requirements. Plans can be paid for upfront as a lump sum or via a flexible instalment plan. Lonsdale is very pleased to be working with the Avalon team led by newly appointed Chief Executive Officer Steve Chambers former Chief Commercial Officer with Yell Group plc.