Category: Accomplishments

Press Releases

Park Lawn Corporation Releases Q2 2019 Results

PLC continues to show strong revenue & per share growth for the first half of 2019 TORONTO, ONTARIO – (August 12, 2019) Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) released its second quarter results for 2019 (“Q2 2019“). • After adjusting for the impact of foreign exchange, revenue growth from comparable business units increased by 3.2 % year over year and 3.5% for the quarter. • Adjusted EBITDA margin increased to 22.6% in Q2 2019 from 21.1% for the same period in 2018. “PLC delivered strong per share growth for our shareholders through solid operating results for the first half of 2019. PLC continues the successful execution of its business plan focusing on acquisitions and organic growth

Park Lawn Corporation Completes Acquisition of Horan & McConaty Funeral Services, LLC

TORONTO, July 2, 2019 /CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to announce that it has completed the previously announced acquisition of all the outstanding equity of Horan & McConaty Funeral Services (“Horan”). Horan, formerly owned by John Horan, operates two cemeteries and eleven funeral homes (including two on sites) in the high growth Denver Metropolitan Area. “The acquisition of Horan is a unique and extremely exciting opportunity for Park Lawn. Horan is a preeminent funeral home and cemetery business in the U.S., which has served the Denver area for generations. I am delighted that John Horan and his team are joining PLC and will remain involved in the business,” said Andrew Clark, Chairman

Park Lawn Acquires Integrity Funeral Care

TORONTO, June 27, 2019 /CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that, effective June 25, 2019, it completed the purchase of the assets of Integrity Funeral Care, a funeral business located in Houston, Texas. “We are excited to expand our presence in Texas by adding a funeral home to complement our existing cemetery operations in the Houston market. This location will tuck-in to our Houston portfolio and is in line with PLC’s growth strategy,” stated Andrew Clark, Chairman and CEO of PLC. Highlights of the transaction include: • The purchase of Integrity Funeral Care, formerly owned and operated by David Peña, was funded with proceeds from PLC’s existing credit facility; • The purchase price multiple is within PLC’s

Park Lawn Corporation Completes Acquisition of The Baue Funeral Home Co.

Significantly increases footprint and presence in Missouri TORONTO, June 4, 2019 /CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to announce that it has completed the previously announced acquisition of all the outstanding stock and membership interests of The Baue Funeral Home Co. (“Baue”). “The acquisition of Baue is a unique and extremely exciting opportunity for Park Lawn. Baue is a preeminent funeral home and cemetery business in the U.S., serving its community for generations. I am delighted that Lisa Baue and her team are joining PLC and will remain involved in the business,” said Andrew Clark, Chairman & Chief Executive Officer of PLC. About Park Lawn Corporation PLC provides goods and services associated with the