Back in early June of this year (2024) many of us were surprised by this announcement that public funeral home and cemetery operator Park Lawn Corporation (PLC) had agreed to be acquired and taken private by a group known as Veridian Holdings. Probably most consequential in that announcement was […] Read More
You can read in this press release issued yesterday by Park Lawn Corporation (PLC) that, effective yesterday, they added four stand-alone funeral homes to their company via the purchase of two funeral businesses in the suburban geographic area to the west of Chicago, Illinois. PLC announced the […] Read More
On Monday of this week Park Lawn Corporation announced that they had continued their Texas acquisition growth with the purchase of the Callaway-Jones businesses located in and around Bryan, Texas. According to the press release which you can read here, Park Lawn Corporation acquired “substantially all the assets […] Read More
In this press release from Tuesday, September 10, Park Lawn Corporation (PLC) CEO J. Bradley Green announced both that the PLC leadership team had some changes to it and also that the company had acquired operating locations in North Carolina and Texas. Jay DoddsPark Lawn Corporation In […] Read More
Park Lawn Corporation (PLC), a publicly-held funeral home and cemetery operator reported their 2023 4th Quarter and 2023 Full-Year financial results last week. In those results, which you can see here, the company reported revenues for both the 4th Quarter and Full-Year of 2023 increasing from the […] Read More
A press release dated Tuesday, February 20, 2024, announced that the Park Lawn Corporation had acquired two stand-alone funeral homes and a stand-alone cemetery in the state of Colorado. You can read the press release here. Park Lawn Corporation announced that “it has completed the acquisition of […] Read More
We learned last week that a transaction announced in October 2023 had been closed prior to the New Year. The transaction that you can read about in this press release from Park Lawn Corporation included the sale of 72 cemeteries and 11 funeral homes, and one crematory from […] Read More
Earlier this week I mentioned in an article that I believe that 2024 could see major merger and acquisition moves in the Death Care space. First of all, I opined that there is a lot of private equity dollars sitting on the sidelines and I coupled that with the […] Read More
Last week Park Lawn Corporation reported their 3rd Quarter 2023 financial results. Much like we found with Carriage Services, we found that Park Lawn Corporation (PLC) was able to increase total revenues but struggled to turn those increased revenues into greater Net Income for the quarter. PLC […] Read More
In an article that was published on October 1, and I’ll remind our readers that was before Park Lawn Corporation (PLC) had publicly withdrawn its $34 per share offer for Carriage Services, Seeking Alpha authors gave a positive review of Park Lawn Corporation. The article, which you […] Read More
Park Lawn Withdraws Offer to Purchase Carriage Services, Inc. From Park Lawn’s website: TORONTO, ONTARIO/October 2, 2023/ACCESSWIRE – Today, Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC”) announced that it has declined to participate further in Carriage Services, Inc.’s (NYSE: CSV) (“Carriage”) previously announced strategic review process and that […] Read More
Yesterday Park Lawn Corporation issued a press release stating that “it has declined to participate further in Carriage Services, Inc.’s (NYSE: CSV) (“Carriage”) previously announced strategic review process and that it has withdrawn its all cash proposal to purchase the outstanding stock of Carriage.” The press release which […] Read More
Part of our mission at Funeral Director Daily is to help the individual funeral home owner or operator understand all facets of their business better and in more depth so that they have the knowledge to make decisions moving forward. In my 35 years of owning and operating a […] Read More
It was back in March 2023 when Funeral Director Daily published this article about Park Lawn Corporation (PLC) acquiring the Meyer Brothers Funeral Homes’ five locations in the state-line cities of Sioux City, Iowa, and South Sioux City, Nebraska. According to a press release from Park Lawn […] Read More
