Press Releases

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 membership interests of CMS Mid-Atlantic (“CMS Mid-Atlantic”) for a purchase price of approximately US$50 million in cash, subject to customary working capital adjustments. The purchase price was funded from PLC’s existing credit facility.

Today, Park Lawn Corporation (TSX: PLC) (“PLC”) announced the purchase of Billingsley Funeral Home in Huntsville, Ontario. The purchase continues PLC’s expansion in Canada and the US.

Today, Park Lawn Corporation (TSX: PLC) (“PLC”) announced a $1.96 million investment, through Parkland Funeral Holdings, Inc., a partially-owned subsidiary, in Christie’s Funeral Home and Crematorium, a well-established funeral home operation in Yorkton, Saskatchewan.

Today, Park Lawn Corporation (TSX: PLC) (“PLC”) released its third quarter results for 2017 (“Q3 2017”). These results show increasing revenue and growth in earnings from operations across multiple business lines, led by PLC’s Ontario operations and the successful early integration of recent acquisitions.

Today, Park Lawn Corporation (TSX: PLC) (“PLC”) released its second quarter results for 2017 (“Q2 2017”). These results show strong operating performance across business lines, in particular the funeral home operations in Canada and MMG in Michigan.

Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to announce it has completed the acquisition of 21 of 23 properties owned and operated by Saber Management, LLC (the “Acquisition”). The acquisition of the remaining two properties, both of which are located in the State of Illinois, is expected to close in the fourth quarter of 2017 following the receipt of applicable regulatory approvals.

Today, Park Lawn Corporation (TSX: PLC) (“PLC”) released its first quarter results for 2017 (“Q1 2017”). These results show strong revenue growth across all of PLC’s business lines.

Today, Park Lawn Corporation (TSX: PLC) (“PLC”) announced that it has completed the purchase of TCS Funeral Services (“TCS”) in Toronto.

Park Lawn Corporation (TSX: PLC) (“PLC”) today announced results for the fourth quarter and year‐ended December 31, 2016. The results show significant revenue growth with a year‐over‐year increase of 137.6%. Net earnings attributed to PLC shareholders increased by 151.8% with a fully diluted per share amount of $0.939 for 2016. Adjusted Net Earnings (excluding certain non‐cash, non‐recurring, or one time income or expense items) increased by 52.6%.

Today, Park Lawn Corporation (TSX: PLC) (“PLC”) announced that is has completed the purchase of two funeral homes, a crematorium and a discount funeral operation in the Okanogan Valley of British Columbia. The purchase continues PLC’s expansion in Canada and the US.