Category: Acquisitions

Press Releases

Park Lawn Expands Presence in Illinois

TORONTO, ONTARIO/December 9, 2024/ACCESSWIRE – Park Lawn Corporation (“Park Lawn” or “PLC”) is pleased to announce that, effective today, it acquired substantially all of the assets of Fitzgerald Funeral Home & Crematory located in Rockford, Illinois, Burke-Tubbs Funeral Home – Freeport located in Freeport, Illinois; and Burke-Tubbs Funeral Home – Forreston located in Forreston, Illinois (collectively “Fitzgerald/Burke-Tubbs”).  The Fitzgerald/Burke-Tubbs acquisition deepens Park Lawn’s presence in the Illinois market through the addition of four (4) stand-alone funeral homes.  “We are thrilled to expand our operating presence in the State of Illinois through the strategic acquisition of the Fitzgerald and Burke-Tubbs businesses,” said J. Bradley Green, Chief Executive Officer of PLC.  Mr. Green further stated, “We are honored to welcome these esteemed

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.

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”). 

Park Lawn Solidifies its Presence on the Colorado Western Slope

TORONTO, ONTARIO/February 20, 2024/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) is pleased to announce that it has completed the acquisition of substantially all of the assets of Crippin Funeral Home located in Montrose, Colorado; Gunnison Funeral Services located in Gunnison, Colorado; and Grand View Cemetery located in Montrose, Colorado (collectively “Crippin”). The Crippin acquisition deepens Park Lawn’s footprint in the Colorado market through the addition of two (2) stand-alone funeral homes as well as one (1) stand-alone cemetery. “For 37 years, the Crippin businesses have proudly served Montrose and its surrounding communities. We take great pride in our ability to provide excellent professional service and guidance to our families at their time of need and

Park Lawn Expands its Presence in Sioux City Metropolitan Area

TORONTO, ONTARIO/October 16, 2023/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) is pleased to announce that it has completed the acquisition of substantially all the assets of Christy-Smith Funeral Homes (collectively “Christy-Smith”) located in Sioux City, Iowa adding two (2) stand-alone funeral homes to Park Lawn’s footprint in the market.  “We are thrilled to join an organization that so closely aligns with our values and that we believe will continue the level of service and support Christy-Smith has offered the Sioux City community for over 100 years.  I am proud to continue the Christy-Smith legacy with Park Lawn,” said Dan Eckhoff, former owner of Christy-Smith. “We are excited to partner with Christy-Smith and further expand our

Park Lawn Increases its Presence in the Sioux City Metropolitan Area

TORONTO, ONTARIO/August 30, 2023/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) is pleased to announce that it has entered into a definitive agreement to acquire substantially all the assets of Christy-Smith Funeral Homes located in Sioux City, Iowa (collectively “Christy-Smith”).  The Christy-Smith acquisition expands Park Lawn’s footprint in the Sioux City, Iowa metropolitan market through the addition of two (2) stand-alone funeral homes and is anticipated to close in mid-October 2023 following the receipt of regulatory approval. “We are excited for the opportunity to further expand our operating position in the Sioux City metropolitan area through the strategic acquisition of Christy-Smith,” said J. Bradley Green, Chief Executive Officer of PLC.  Mr. Green continued, “These businesses will

Park Lawn Corporation Continues its Ontario Expansion

TORONTO, ONTARIO – (August 14, 2023) – Park Lawn Corporation (TSX:PLC; PLC.U) (“PLC” or “Park Lawn”) is pleased to announce that it has acquired the assets of Forrest & Taylor Funeral Home Limited (“Forrest & Taylor”), a standalone funeral home business in Sutton, Ontario.  “Since Forrest & Taylor began in the late 1880s, we have had the privilege of serving the families of Sutton and its surrounding communities.  Through our partnership with Park Lawn, we are excited to be able to continue providing an unparalleled level of service with the tradition that began over a century ago,” said Greg and Carole Forrest, former owners of Forrest & Taylor. J. Bradley Green, Chief Executive Officer of PLC stated, “We are pleased

Park Lawn Completes Acquisition of Ward

TORONTO, ONTARIO/July 17, 2023/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) is pleased to announce that it has completed the previously announced acquisition of substantially all of the assets of Ward Funeral Home Limited (collectively, “Ward”).  The Ward acquisition expands Park Lawn’s footprint in the Greater Toronto Area through the addition of three (3) stand-alone funeral homes located in Brampton, Woodbridge and Toronto, Ontario. “For over 100 years and four generations, our family has been serving the communities of the Greater Toronto Area with care and integrity in honouring the memories of their loved ones.  We are excited to join an organization that aligns with our values and prioritizes the service of families above all else,”

Park Lawn Corporation Responds to Market Rumours Regarding a Potential Acquisition of Carriage Services, Inc.

TORONTO, ONTARIO (June 29, 2023) – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn”, “PLC”, or the “Company”) today confirmed, in response to industry media rumors, that it has submitted a preliminary all cash proposal to the Board of Directors of Carriage Services, Inc. (NYSE: CSV) (“Carriage”) to purchase all of the outstanding stock of Carriage.  The proposal was made confidentially and subject to the completion of satisfactory due diligence and the negotiation and execution of a mutually satisfactory definitive acquisition agreement. The Company takes a disciplined approach to acquisitions with clearly defined strategic and financial criteria, and is committed to maintaining a prudent capital structure. Park Lawn has partnered with a large private equity firm and does not anticipate

Park Lawn Deepens its Georgia Presence

TORONTO, ONTARIO/June 26, 2023/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) is pleased to announce that it has completed the acquisition of substantially all the assets of Cobb Funeral Chapel and Cobb Suncrest Memorial Gardens, a business consisting of one on-site funeral home and cemetery located in Moultrie, Georgia (collectively “Cobb”).  “Park Lawn has further expanded its strategic growth in the southeast United States through the addition of Cobb.  The Cobb business has an exemplary reputation and has been a staple of its community for nearly fifty years.  We are excited to welcome the Cobb team to the Park Lawn family,” said J. Bradley Green, Chief Executive Officer of PLC.  “Since 1974, we have proudly served

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