Whereas InvoCare mainly operates in the major cities. The big driver for Propel's growth over the next few years will be acquisitions. It has ample opportunity to increase its market share up to double digits. In its prospectus Propel said that there are a number of benefits from realising operational efficiencies as it grows the business. Some of the benefits include establishing greenfield locations, extracting procurement synergies and greater purchasing power through economies of scale. Propel has only been on the market for a few weeks and has already announced an exciting acquisition. The business will be purchasing Brindley Group Pty Ltd and associated entities for $15.38 million. The Brindley Group conducts around 1,350 funerals each year and is expected to increase Propel's annual funeral volumes by approximately 13%. Brindley Group generated approximately $11 million of revenue in FY17 and the purchase should be accretive to Propel's earnings in the first year.