Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to announce the signing of a definitive agreement to acquire Cress Funeral Service, Inc. (“Cress Funeral Service”), an 8-location funeral business in Madison, Wisconsin, for US$20.3 million. Closing remains subject to regulatory approval which is expected in the second quarter of 2019.
Today, Park Lawn Corporation (TSX: PLC) (“PLC”) released its third quarter results for 2018 (“Q3 2018”). These results show increased revenue, earnings per share accretion and strong year-over-year growth.
Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to announce it has made a $6.2 million secured debt investment in Humphrey Funeral Home A. W. Miles – Newbigging Chapel Limited (“Humphrey Funeral Home” or “Humphrey”) in Toronto, Ontario. Humphrey Funeral Home is a prestigious operation that has been serving Toronto families for over 135 years.
Park Lawn Corporation is pleased to announce it has completed the previously announced acquisition of all the outstanding membership interests of Citadel Management LLC (“Citadel”) for a purchase price of approximately US$12.9 million in cash, subject to customary working capital adjustments (the “Acquisition”).
Park Lawn Corporation is pleased to announce the purchase of Wells Funeral Homes and Cremation Services, a two-location funeral business in Waynesville and Canton, North Carolina.
Park Lawn Corporation is pleased to announce the purchase of Wayne Boze Funeral Home and Gateway Memorial Park, both located just outside Dallas in Waxahachie, Texas.
Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to announce that its New Jersey affiliated cemetery, Restland Memorial Park Association, has completed its purchase of 78 acres of land in the Township of Lafayette, New Jersey.
Today, Park Lawn Corporation (TSX: PLC) (“PLC”) released its second quarter results for 2018.
Park Lawn Corporation (TSX:PLC) (“PLC”) is pleased to announce an amendment to its existing syndicated bank financing arrangement led by National Bank of Canada and including Bank of Montreal and The Toronto-Dominion Bank.
Today, Park Lawn Corporation (TSX: PLC) (“PLC”) announced that is has completed the purchase of a multi-location funeral home business and a crematorium in the Okanagan Valley of British Columbia. The purchase continues PLC’s successful expansion into the BC market.