Park Lawn enters state of Georgia with acquisition
Park Lawn Corporation (PLC), the Canadian based funeral and cemetery operator announced in this press release yesterday that they had entered the state of Georgia with an agreement to purchase the Ingram Funeral Home & Crematory located in Cumming, Forsythe County. The press release stated that the acquisition is scheduled to close in December of this year.
J. Bradley Green, CEO of Park Lawn Corporation, had this to say about the transaction, “We are pleased to continue to grow our footprint in the southern U.S. by strategically entering into a new high growth market in Georgia. The Ingram business is highly regarded within our profession and will be a foundation for growth in a new state for PLC. . . “
It is also noted in the press release that this acquisition adds the following to the Park Lawn Corporation business entity:
- One stand-alone funeral home
- Approximately 800 calls per year
- An addition of approximately $1.9 million in EBITDA per year once integrated
Here is the website of the Ingram Funeral Home and Crematory
Here is a map of Park Lawn’s operations in North America
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I’m not understanding why I and others were not notified when this change took place sale or whatever. I have a policy for cremation and now I’m not even sure if it’s going to be honored and it’s paid.