Press Releases

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

Park Lawn’s Recent Featuring in Funeral Service Insider

“The Details Behind Park Lawn’s Stunning $101.5M Acquisition How Jay Dodds, J. Bradley Green, Jim Price and Their Team Pulled Off a Big Victory There once was a time when if two firms were going to be bought for more than $100 million in one fell swoop, you could virtually bet it would be pulled off by a company that goes by three well-known initials. And if it wasn’t that company, then a few other ones may enter your mind … and if you’ve been reading this newsletter over the past year, one of them would be Park Lawn Corp. – but it would still likely be toward the bottom of your list. But not anymore.” Click Here to read

Park Lawn’s Recent Featuring in NFDA’s Memorial Business Journal

“Horan, Baue Discuss the Road to Acquisition” There isn’t a better landing spot than Park Lawn,” commented John Horan the morning it was reported that Park Lawn Corporation had acquired both his firm, Horan & McConaty Funeral Services, and The Baue Funeral Home Co. “These are people who truly get it. My co-workers and I have observed humility, integrity and passion for this work and support for the people who carry it.” Click Here to read the full article

Park Lawn Corporation Releases Q1 2019 Results

Strong operating results in a busy quarter translate to solid per share growth TORONTO, ONTARIO – (May 14, 2019) Today, Park Lawn Corporation (TSX: PLC) (“PLC”) released its first quarter results for 2019 (“Q1 2019“).

Park Lawn Corporation to Acquire Horan & McConaty Funeral Services, Inc. and The Baue Funeral Home Co.

TORONTO, May 8, 2019 /CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to announce that it has entered into definitive agreements to acquire all of the outstanding stock and membership interests of two U.S. businesses: Horan & McConaty Funeral Services, Inc. (“Horan”) and The Baue Funeral Home Co. (“Baue”), for an aggregate total purchase price of approximately US$101.5 million in cash, subject to customary working capital adjustments. “The acquisitions of Horan and Baue are a unique and extremely exciting opportunity for Park Lawn. Horan and Baue are preeminent funeral home and cemetery businesses in two large metropolitan markets in the U.S., serving their respective communities for generations. I am delighted that both families will remain involved

Park Lawn Corporation Acquires John L. Ziegenhein & Sons Undertakers Inc.

Expands operations in Missouri with acquisition of two funeral homes Park Lawn Corporation  is pleased to announce that it has acquired substantially all the outstanding assets of John L. Ziegenhein & Sons Undertakers Inc. (“Ziegenhein Funeral Homes”), a two- location funeral business in St. Louis, Missouri for a purchase price of approximately US$4.2 million.

Park Lawn Corporation Announces Successful Closing of Common Share Offering for Gross Proceeds of Over C$143 Million

Park Lawn Corporation (TSX:PLC) is pleased to announce that it has completed its previously announced offering of common shares (“Common Shares”) with a syndicate of underwriters co-led by National Bank Financial Inc., CIBC Capital Markets and Cormark Securities Inc. (the “Co-Lead Underwriters”) and including Acumen Capital Finance Partners Limited, Raymond James Ltd., TD Securities Inc., Canaccord Genuity Corp., GMP Securities L.P., Paradigm Capital Inc., BMO Nesbitt Burns Inc., RBC Dominion Securities Inc. and Scotia Capital Inc. (together with the Co-Lead Underwriters, the “Underwriters”), on a bought deal basis. A total of 5,605,100 Common Shares were issued at a price of $25.65 per Common Share for total gross proceeds of $143,770,815 (the “Offering”), which includes proceeds from the full exercise of

Park Lawn’s COO’s Jay Dodds interview with Cemetery & Cremation Magazine

“While he has been at the helm of some of the leading companies in funeral service, Jay Dodds is also the person who grew up in a funeral home and has done – and can still do – almost every job in a funeral home and cemetery. He’s held some of the top management positions at Stewart Enterprises and Carriage Services, struck out on his own (with J. Bradley Green) to form The Signature Group, and later sold his company to Park Lawn Corporation. Becoming that company’s chief operating officer. Dodds shows no signs of slowing down. In fact, he’s taking on a new role… 2019-2020 president of the International Cemetery, Cremation and Funeral Association (ICCFA). We recently had a

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