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Funeral home operator Service Corp. International has acquired rival Keystone North America Inc.

Last October, Service Corp. International (NYSE: SCI) announced plans to buy Keystone in a transaction with an estimated value of about $256 million.

On March 26, Keystone shareholders tendered their shares, at $8 apiece in Canadian dollars, as part of the buyout. Tampa, Fla.-based Keystone (TSX: KNA), also an owner and operator of funeral homes, trades on the Toronto Stock Exchange no fax pay day loan.

“We welcome the Keystone associates into the Dignity Memorial family,” said Tom Ryan, SCI president and chief executive officer, in a statement. “The acquisition is a great complement to the more than 300 similarly situated businesses we currently operate and will provide a platform to grow our business in this valuable segment.”

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