One Park lawn
Memorialization, Cemetery, and Funeral Service Specialists
Park Lawn Corporation is one of the largest funeral, cremation and cemetery provider and is the fastest growing company in the profession in North America. Since 2013 PLC has grown from 6 cemetery properties in Toronto, Ontario to a diverse portfolio of properties and businesses operating across Canada and the US.
With a dynamic leadership team and innovative approach to operations, PLC has a strategic advantage over the more traditional players in an industry resistant to change. As the company continues its strong growth both organically and through acquisition, PLC is changing the way products and services are delivered and how customers engage with the marketplace.
The Princeton Abbey | Princeton, NJ
What We Do
A Lasting Partnership
Park Lawn confidently brings the industry’s best in a support center that provides our businesses the essentials in bringing their business to the next level. With access to Operations, Legal, Information Technology, Human Resources, Finance, Accounting, Sales and many other vital sectors, the partnership empowers the businesses to take on day-to-day functions with ease.
Mundell Funeral Home | Orillia, ON
Our Businesses
Trusted by the Best
Park Lawn Corporation currently operates in two Canadian provinces and seventeen U.S. states.
News
Recent Press Releases
Park Lawn Further Expands in Texas Through Acquisition of Callaway Jones
TORONTO, ONTARIO/November 4, 2024/ACCESSWIRE -Park Lawn Corporation (“Park Lawn” or “PLC”) is pleased to announce that, today, it acquired substantially all the assets of Callaway-Jones Funeral Home and Crematory located in Bryan, Texas; Callaway-Jones College Station Funeral Planning Office located in College Station, Texas; Rest-Ever Memorial Park located in Bryan, Texas; and Cozart Funeral Home in Normangee, Texas (collectively “Callaway-Jones”). The Callaway-Jones acquisition extends Park Lawn’s presence in the Texas market through the addition of two (2) stand-alone funeral homes, (1) planning center as well as one (1) stand-alone cemetery. “We are excited to announce our partnership with a highly respected family that is deeply rooted in the Bryan-College Station community,” said J. Bradley Green, Chief Executive Officer of PLC. Mr. Green continued, “This collaboration not only strengthens our presence in Texas but also enhances our ability to serve our families with the quality and care they expect from us.” About Park Lawn Corporation: PLC and its subsidiaries own and operate businesses including cemeteries, crematoria, funeral homes, chapels and event centers throughout Canada and the United States which provide a full range of services and merchandise to fulfill the desires of individuals and families seeking to honor their loved ones. Products and services can be customized to meet the personal needs of the consumer and are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). PLC operates in two Canadian provinces and seventeen U.S. states. For more information about Park Lawn Corporation, please visit our website at www.parklawncorp.com. Contact Information Daniel MillettChief Financial Officer(416) 231-1462, ext. 221
Park Lawn Continues Growth Strategy by Expanding Presence in North Carolina and Central Texas and Announces Leadership Changes
TORONTO, ONTARIO/September 10, 2024/ACCESSWIRE – Park Lawn Corporation (“Park Lawn” or “PLC”) is pleased to announce that, on August 5, 2024, it acquired substantially all the assets of Carolina Memorial Park of Concord – Kannapolis located in Kannapolis, North Carolina; Carolina Memorial Park of Harrisburg – Charlotte located in Charlotte, North Carolina; and Whitley’s Funeral Home located in Kannapolis, North Carolina (collectively “Carolina-Whitley”). The Carolina-Whitley acquisitions extend Park Lawn’s presence in the North Carolina market through the addition of two (2) stand-alone cemeteries as well as one (1) stand-alone funeral home. In addition, Park Lawn is also excited to announce that, on September 9, 2024, it acquired substantially all the assets of Wilkirson-Hatch-Bailey Funerals & Cremations in Waco, Texas (“WHB”). The WHB acquisition expands Park Lawn’s presence in central Texas through the addition of one (1) stand-alone funeral home. “We are pleased to expand our existing operating presence in both the state of North Carolina and in central Texas through the strategic acquisitions of the Carolina-Whitley and WHB businesses,” said J. Bradley Green, Chief Executive Officer of PLC. Mr. Green continued, “These distinguished businesses are market leaders in their respective communities and will be an excellent addition to our existing portfolio of high-quality businesses. We are honored to welcome the Carolina-Whitley and WHB businesses and their teams into the Park Lawn family.” Leadership Changes Park Lawn also announced certain changes to its leadership team, effective August 10, 2024, to further support the organization following the completion of its go-private transaction: “These experienced leaders have a depth of knowledge of both our organization as well as the profession which has set us up for continued success and execution on our long-term strategic growth plan,” concluded Mr. Green. About Park Lawn Corporation: PLC and its subsidiaries own and operate businesses including cemeteries, crematoria, funeral homes, chapels and event centers throughout Canada and the United States which provide a full range of services and merchandise to fulfill the desires of individuals and families seeking to honor their loved ones. Products and services can be customized to meet the personal needs of the consumer and are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). PLC operates in two Canadian provinces and seventeen U.S. states. For more information about Park Lawn Corporation, please visit our website at www.plcorp.com. Contact Information Daniel MillettChief Financial Officer(416) 231-1462, ext. [email protected]
Park Lawn Announces Completion of Going Private Transaction with Homesteaders Life Company and Birch Hill Equity Partners
TORONTO, ONTARIO – August 9, 2024 – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC“) is pleased to announce the successful completion of its previously-announced plan of arrangement transaction (the “Arrangement“) involving Viridian Acquisition Inc. (the “Purchaser“), a wholly-owned subsidiary of Viridian Holdings LP, a limited partnership collectively owned by Homesteaders Life Company (“Homesteaders“) and certain funds the general partner of which is Birch Hill Equity Partners Management Inc. (“Birch Hill“). Pursuant to the Arrangement, among other things, the Purchaser acquired all of the issued and outstanding common shares of Park Lawn (the “Common Shares“) for cash consideration of $26.50 per Common Share (the “Consideration“). The Arrangement became effective earlier today. Registered shareholders are reminded that, in order to receive the Consideration in exchange for their Common Shares, they must complete, sign and return the letter of transmittal to Odyssey Trust Company, in its capacity as depositary under the Arrangement, together with the certificate(s) or DRS advice(s) representing their Common Shares. If you have any questions or require further information regarding the procedures for receiving the Consideration, please contact Odyssey Trust Company, by telephone at 1-888-290-1175 (toll-free within North America) or at 1-587-885-0960 (outside of North America), or by e-mail at [email protected]. Non-registered shareholders and debentureholders should receive the consideration to which they are entitled under the Arrangement directly in their brokerage accounts. Non-registered shareholders and debentureholders should contact their broker or other intermediary if they have any questions or require further information regarding the procedures for receiving the consideration to which they are entitled under the Arrangement. As a result of the completion of the Arrangement, the Common Shares and the 5.75% senior unsecured debentures of Park Lawn (the “Debentures“) are expected to be delisted from the Toronto Stock Exchange within two business days of closing. Park Lawn has submitted an application to the applicable securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations. Further details regarding the Arrangement are set out in Park Lawn’s management information circular dated June 27, 2024 (the “Circular“), which is available on SEDAR+ (www.sedarplus.ca) under Park Lawn’s issuer profile. Required Early Warning Report Information Prior to completion of the Arrangement, the Purchaser did not have beneficial ownership of, or control or direction over, any Common Shares. Upon completion of the Arrangement, the Purchaser beneficially owns, or exercises control or direction over, 34,466,909 Common Shares in aggregate, representing 100% of the issued and outstanding Common Shares. An early warning report will be filed in accordance with applicable securities laws and will be available on Park Lawn’s SEDAR+ profile at www.sedarplus.ca. To obtain a copy of the early warning report, please contact Viridian Acquisition Inc., 81 Bay Street, Unit 4510, Toronto, Ontario, M5J 0E7, Attention: Sean Makins, 416-775-3800. Park Lawn’s head office is located at 2 St. Clair Avenue East, Suite 705, Toronto, Ontario, M4T 2T5. Advisors National Bank Financial acted as financial advisor to the special committee of independent directors of Park Lawn (the “Special
