Park Lawn makes another Kansas City market acquisition
We will end this week with news of another acquisition in the Death Care space. This press release from earlier this week announced Park Lawn Corporation’s definitive agreement to acquire Kansas City metro area based businesses that include substantially all of the assets of Carson-Speaks Chapel in Independence, Missouri; Speaks Buckner Chapel in Buckner, Missouri; Speaks Suburban Chapel in Independence, Missouri; and Oak Ridge Memory Gardens in Independence, Missouri.
The “Speaks acquisition” will add three stand-alone funeral homes and a stand-alone cemetery to the grouping of death care properties owned and operated by Park Lawn Corporation. The press release further states that the acquisition will add approximately 772 death calls and 80 interments per year to the Park Lawn business profile.
Park Lawn Corporation CEO J. Bradley Green said this of the transaction, “These distinguished businesses not only closely align with Park Lawn’s values but will also further our operational synergies in the market. We are honored to welcome the Speaks businesses and their teams into the Park Lawn family.”
It is expected that the transaction will close in April 2023.
Here is the website of the Carson-Speaks Chapel of Independence, Missouri.
Here is the company profile of Park Lawn Corporation as described from the company website.
Here is an “Investor Profile” of Park Lawn Corporation as described on their company website and dated November 2022.
Disclaimer — The author of this article holds a stock position in Park Lawn Corporation
More news from the world of Death Care:
- Muccio announces re-election bid for Elk County Coroner. The Bradford Era (PA)
- Historic Oakland Cemetery’s gardens heavily damaged by recent deep freeze. Video story and print article. Fox – TV 5 Atlanta (GA)
- Fake mortuary business in Supulpa found on Google Maps. Video story and print article. TV 2 News (OK)
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