Tag: funeral home consolidation

Business Finance

The Journey Group Keeps Growing

The Journey Group, a death care industry consolidator based out of the New Orleans area, announced last week the purchase and acquisition of two firms in the greater Birmingham, Alabama, area.  Both firms are metropolitan combination firms — each with a funeral home facility on a cemetery property. According to the press release that you can read here, this brings The Journey Group’s Alabama holdings to four cemeteries and five funeral homes. The Journey Group is led by CEO Larry […]

Finance

Park Lawn Reports 3Q Results

Park Lawn Corporation today released the results of their 3rd Quarter operations.  The company reported that their revenue increased by over 29% to a $22.4 million mark in 3Q 2017 as compared to $17.3 million in 3Q 2016.  All dollar figures are reported in Canadian dollar figures. The company had several one time non-recurring expense items that contributed to a loss of of $171,116 for the 3rd quarter of 2017 as compared to a net income in 2016 of $749,000.  […]