Press Releases

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 Announces Completion of Going Private Transaction with Homesteaders Life Company and Birch Hill Equity Partners

TORONTO, ONTARIO – August 9, 2024 – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC“) is pleased to announce the successful completion of its previously-announced plan of arrangement transaction (the “Arrangement“) involving Viridian Acquisition Inc. (the “Purchaser“), a wholly-owned subsidiary of Viridian Holdings LP, a limited partnership collectively owned by Homesteaders Life Company (“Homesteaders“) and certain funds the general partner of which is Birch Hill Equity Partners Management Inc. (“Birch Hill“). Pursuant to the Arrangement, among other things, the Purchaser acquired all of the issued and outstanding common shares of Park Lawn (the “Common Shares“) for cash consideration of $26.50 per Common Share (the “Consideration“). The Arrangement became effective earlier today. Registered shareholders are reminded that, in order

Park Lawn Receives Final Order Approving Arrangement with Homesteaders Life Company and Birch Hill Equity Partners

TORONTO, ONTARIO – August 7, 2024 – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC“) today announced the receipt of the final order of the Ontario Superior Court of Justice (Commercial List) dated August 6, 2024 (the “Final Order“) with respect to the previously-announced plan of arrangement transaction (the “Arrangement“) involving Viridian Acquisition Inc. (the “Purchaser“), a wholly-owned subsidiary of Viridian Holdings LP, a limited partnership collectively owned by Homesteaders Life Company and certain funds, the general partner of which is Birch Hill Equity Partners Management Inc. The Final Order was the final substantive court approval required prior to closing of the Arrangement, which is anticipated to occur on or about August 9, 2024. Completion of the Arrangement

Park Lawn Announces Shareholder Approval of Going Private Transaction

TORONTO, ONTARIO – July 29, 2024 — Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC“) is pleased to announce that the shareholders of Park Lawn (“Shareholders“) have approved the proposed plan of arrangement (the “Arrangement“) involving Viridian Acquisition Inc. (the “Purchaser“), a wholly-owned subsidiary of Viridian Holdings LP, a limited partnership collectively owned by Homesteaders Life Company and certain funds, the general partner of which is Birch Hill Equity Partners Management Inc., at the special meeting of Shareholders (the “Meeting“) held earlier today. Pursuant to the Arrangement, the Purchaser will acquire all of the issued and outstanding common shares of Park Lawn (the “Shares“) for a price of $26.50 per Share. The special resolution approving the Arrangement (the

Park Lawn Announces Mailing of Meeting Materials and Receipt of Interim Order in Respect of Going Private Transaction

TORONTO, ONTARIO – July 8, 2024 — Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC“) is pleased to announce the mailing of its notice of meeting, management information circular (the “Circular“), form of proxy and letter of transmittal (collectively, the “Meeting Materials“) to the shareholders of Park Lawn (the “Shareholders“) in connection with the special meeting of Shareholders scheduled to be held on July 29, 2024 (the “Special Meeting”).  The Meeting Materials were mailed to Shareholders of record as of June 18, 2024 in connection with the Special Meeting to consider and, if deemed advisable, pass a special resolution (the “Arrangement Resolution“), approving the proposed plan of arrangement (the “Arrangement“) involving Viridian Acquisition Inc.(the “Purchaser“), a wholly-owned subsidiary

Park Lawn Provides Update on Special Meeting in Connection with Going Private Transaction

Announces Postponement of Annual Meeting of Shareholders TORONTO, ONTARIO – June 18, 2024 — Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC“) today announced that it has filed the requisite notice setting the record and meeting date in respect of its special meeting  (the “Special Meeting“) of shareholders of Park Lawn (the “Shareholders“) to be held to consider its previously announced going private transaction (the “Transaction“), pursuant to which Viridian Acquisition Inc. (the “Purchaser“), an affiliate of Homesteaders Life Company and Birch Hill Equity Partners Management Inc., will acquire all of the issued and outstanding common shares of Park Lawn (the “Shares” and each, a “Share“) for a price of $26.50 per Share. The record date for the

Park Lawn Announces Going Private Transaction with Homesteaders Life Company and Birch Hill Equity Partners

Park Lawn Shareholders to Receive Consideration of $26.50 Per Share in Cash TORONTO, ONTARIO – June 3, 2024 — Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC“) today announced that it has entered into an arrangement agreement (the “Arrangement Agreement“) with Viridian Acquisition Inc. (the “Purchaser“), an affiliate of Homesteaders Life Company (“Homesteaders“) and Birch Hill Equity Partners Management Inc. (“Birch Hill” and together with Homesteaders, the “Purchaser Group“), pursuant to which the Purchaser will acquire all of the issued and outstanding common shares of Park Lawn (the “Shares” and each, a “Share“) for a price of $26.50 per Share (the “Consideration“) in an all-cash transaction valued at approximately $1.2 billion, including Park Lawn’s net debt (the “Transaction“).

Park Lawn Corporation Announces Q1 2024 Financial Results

TORONTO, ONTARIO/May 9, 2024/ACCESSWIRE – Today, Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) announced its financial operating results for the first quarter ended March 31, 2024 (“Q1”). Financial Results for the Three-Month Period Ended March 31, 2024: “We are proud of our first quarter operating results and are excited to see the hard work and efforts of our team beginning to take shape,” said J. Bradley Green, Chief Executive Officer.  Mr. Green further elaborated, “As you have heard in our commentary over the past few quarters, with the reshaping of our platform as a result of the disposition of certain legacy assets which was completed in December, the implementation of a refined operating model, a new and

Park Lawn First Quarter 2024 Financial Results Released on Thursday, May 9, 2024 and Earnings Conference Call on Friday, May 10, 2024 at 9:30 a.m. (EST)

TORONTO, ONTARIO – (April 29, 2024) – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”) announced today that it will release its first quarter financial results for 2024 on Thursday, May 9, 2024.  PLC will host a conference call at 9:30 a.m. (EST) on Friday, May 10, 2024, to discuss its Q1 2024 financial results.  Details of the conference call are as follows:  To ensure your participation, please join approximately five minutes prior to the scheduled start of the conference call. About Park Lawn Corporation PLC is the largest publicly traded Canadian-owned funeral, cremation and cemetery provider.  PLC and its subsidiaries own and operate businesses including cemeteries, crematoria, funeral homes, chapels and event centers throughout Canada and the United States which provide

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