Category: Acquisitions

Press Releases

Park Lawn Completes Acquisition of Farris

TORONTO, ONTARIO/August 8, 2022/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“PLC” or “Park Lawn”) has completed the previously announced acquisition of substantially all the assets of Farris Funeral Service, Inc. and Affiliated Service Group, Inc. (“Farris”), a group of businesses consisting of one stand-alone funeral home and one on-site funeral home and cemetery located in Abingdon, Virginia.  “For 70 years, our family has served the families of the Washington County region and surrounding area with compassion, integrity and excellence.  Through our partnership with Park Lawn, we will continue this unparalleled level of service as my brother, David Farris, returns to lead the business and maintain our ties with the community,” stated Kim Farris Luke, a former co-owner of Farris.

PLC Executes on its Growth Strategy by Expanding into Western Tennessee and Opening Westminster Funeral, Visitation and Reception Centre

TORONTO, ONTARIO/August 3, 2022/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 of the assets of Shackelford Corporation (“Shackelford”), a group of businesses consisting of eight stand-alone funeral homes, two stand-alone cemeteries and one on-site funeral home and cemetery located in and around the Savannah, Tennessee area. The transaction is anticipated to close in early September 2022 following the receipt of regulatory approval.  “Shackelford is a strategic addition to Park Lawn’s portfolio as it expands across Tennessee into the western half of the state,” said J. Bradley Green, CEO of PLC.  Mr. Green continued, “Five generations of the Shackelford family have

PLC Enters Virginia and Further Expands its Footprint in the Southeast

TORONTO, ONTARIO/July 7, 2022/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“PLC”) is pleased to announce that it has entered into a definitive agreement to acquire substantially all of the assets of Farris Funeral Service, Inc. and Affiliated Service Group, Inc. (collectively, “Farris”), a group of businesses consisting of one stand-alone funeral home and one on-site funeral home and cemetery located in Abingdon, Virginia.  The transaction is anticipated to close in early August 2022 following the receipt of regulatory approval.  “We are excited to continue our strategic growth in the southeast by entering into the Virginia market with the Farris businesses,” said J. Bradley Green, Chief Executive Officer of PLC.  Mr. Green continued, “Not only is Farris proximately located to

Park Lawn Completes Acquisition of Hudson Business

TORONTO, ONTARIO/June 6, 2022/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“PLC” or “Park Lawn”) is pleased to announce that it has completed the previously announced acquisition of substantially all the assets of Hudson Funeral Home & Cremation Services (“Hudson”), a business consisting of one stand-alone funeral home located in Durham, North Carolina.  “For over 100 years, our family has remained deeply rooted in the traditions of the families we serve in the greater Durham area and surrounding communities.  We are excited to join an organization that aligns with our values and prioritizes the service of families above all else,” stated Tommy and Mary Hudson, former owners of Hudson. “The addition of Hudson complements Park Lawn’s existing North Carolina businesses

PLC Further Expands in North Carolina

TORONTO, ONTARIO/May 5, 2022/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“PLC”) is pleased to announce that it has entered into a definitive agreement to acquire substantially all of the assets of Hudson Funeral Home & Cremation Services (“Hudson”), a business consisting of one stand-alone funeral home located in Durham, North Carolina.  The transaction is anticipated to close in early June 2022 following the receipt of regulatory approval.  “The addition of the Hudson business further expands PLC’s footprint in North Carolina and allows us to enter the high growth markets of Durham and Raleigh.  With over 100 years of dedicated service to its community, Hudson will be an excellent addition to our existing North Carolina businesses,” said J. Bradley Green,

Park Lawn Completes Acquisition of Chancellor Business

TORONTO, ONTARIO/April 18, 2022/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“PLC”) is pleased to announce that it has completed the previously announced acquisition of substantially all of the assets of Chancellor Funeral Home and Garden of Memories (collectively “Chancellor”), a business consisting of one stand-alone funeral home and one combination funeral home and cemetery property located in Byram and Florence, Mississippi, respectively.  “We are excited to begin a new chapter with Park Lawn where we have joined an organization that supports our vision to remain a leader in our profession as well as a team dedicated to caring and providing excellent client service,” stated Bill Chancellor, former owner of Chancellor.   “Bill, Sandra and the Chancellor staff exemplify the mission

PLC Deepens Its Presence in Central Mississippi

TORONTO, ONTARIO/March 30, 2022/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“PLC”) is pleased to announce that it has entered into a definitive agreement to acquire substantially all of the assets of Chancellor Funeral Home and Garden of Memories (collectively “Chancellor”), a business consisting of one stand-alone funeral home and one combination funeral home and cemetery property located in Byram and Florence, Mississippi, respectively.  The transaction is anticipated to close in April 2022 following the receipt of regulatory approval.  “The Chancellor businesses are pillars of their communities and their addition to our portfolio solidifies Park Lawn’s presence in and around the Jackson, Mississippi area. We are honored that the Chancellor’s long-time owners, Bill and Sandra, have chosen to become a

Park Lawn Corporation Completes Acquisition of Smith Businesses

Acquisition Expands Presence into Eastern Tennessee TORONTO, ON/ACCESSWIRE/ November 15, 2021 – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that it has completed the previously announced acquisition of substantially all of the assets of Smith Funeral & Cremation Service, Life & Legacy Cremation Center and Smith Event Centers, as well as Grandview Cemetery and Cremation by Grandview (collectively the “Smith” businesses), comprised of one funeral home, one combination funeral home and cemetery property and five event centers in Maryville, Tennessee. “For nearly 60 years, the Smith businesses have set out to honor the life and legacy of each and every family we serve through meaningful experiences. We are dedicated to professional excellence and are excited to join

Park Lawn Corporation Completes Acquisition of Pugh Funeral Homes and New Hope Memorial Gardens

TORONTO, October 25, 2021/CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that it has completed the previously announced acquisition of substantially all of the assets of Pugh Funeral Homes and New Hope Memorial Gardens (collectively “Pugh”), a business consisting of five funeral homes and one cemetery located in central North Carolina.  “The Pugh businesses are pillars of their respective communities and strategically complement our existing North Carolina portfolio.  We are excited to have the Pugh businesses join the PLC family to carry on their reputational excellence for years to come,” stated J. Bradley Green, Chief Executive Officer of PLC. About Park Lawn Corporation: PLC provides goods and services associated with the disposition and memorialization of human

PLC Continues its Strategic Expansion

Reaffirming its Commitment to Growth in North Carolina and Tennessee TORONTO, October 14, 2021/CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that it has entered into a definitive agreement to acquire substantially all of the assets of Pugh Funeral Homes and New Hope Memorial Gardens (collectively “Pugh”), a business consisting of five funeral homes and one cemetery located in central North Carolina.  The transaction is anticipated to close prior to the end of the month following the receipt of regulatory approval.  PLC is also excited to announce that it has entered into a definitive agreement to acquire substantially all of the assets of Smith Funeral & Cremation Service, Life & Legacy Cremation Center and Smith Event

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