Park Lawn Corporation

Park Lawn makes another Kansas City market acquisition

By Funeral Director Daily / February 10, 2023 /

  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,…

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Park Lawn Corporation adds to Kansas City cluster

By Funeral Director Daily / December 1, 2022 /

It was announced in a recent press release that you can access here that funeral home and cemetery operator Park Lawn Corporation (PLC) has made another acquisition in the greater Kansas City market.  Just this week they have announced that they have acquired substantially all of the assets of the aptly named Park Lawn Funeral…

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Death Care Index mirrors NASDAQ on the year

By Funeral Director Daily / November 28, 2022 /
WallStreet

As we move into the final month of the calendar year it seems like no one has the financial markets figured out.  In a year of rising inflation and rising interest rates, raised with the intention of curbing the inflation, the stock market indices have looked confused as to whether the worst is past or…

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Park Lawn Corporation adds 1,000 call acquisition

By Funeral Director Daily / November 15, 2022 /

In a press release made public on the heels of the company’s 3rd Quarter report, Park Lawn Corporation (PLC), with headquarters in Houston, Texas, and Toronto, Ontario, announced that they had acquired the Schrader, Aragon & Jacoby Funeral Home, Mountain View Memorial Park, and Bustard & Jacoby Funerals, Cremation, Monuments and Receptions of Cheyenne and…

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Park Lawn Corporation reports 3rd quarter — mixed results

By Funeral Director Daily / November 14, 2022 /

The 3rd Quarter of 2022 has shown a trend of less deaths than the comparable 3rd Quarter of 2021.  As a matter of fact, as you can see from this report from the Center for Disease Control (CDC), provisional deaths for 3Q 2022 numbered 751,497 as compared to 874,495 in the same quarter of 2021. …

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Park Lawn announces another acquisition

By Funeral Director Daily / October 13, 2022 /

  Just yesterday we learned that Park Lawn Corporation announced the acquisition of the assets of Muehlebach Funeral Care, Skradski-Pierce Funeral Home, and Assurance Cremation Society.  All are located in Kansas City, Missouri. The acquisition of the three firms will add approximately 627 calls and $616,000 in adjusted EBITDA annually to Park Lawn Corporation’s financial…

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Park Lawn adds three Colorado firms to its business

By Funeral Director Daily / October 10, 2022 /

We learned last week that Park Lawn Corporation, the publicly traded funeral home and cemetery company, added three firms located in Colorado to its group of locations.  In this press release you can learn about the acquisition of Ertel Funeral Home and Crematory, Taylor Funeral Home, and Brown’s Cremation and Funeral Service. Park Lawn Corporation…

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Death Care Index falls, trails market indexes on the year

By Funeral Director Daily / August 29, 2022 /

I had planned this article subject for this date simply because we have now finished the 2nd Quarter reports for all seven death care related companies that comprise the Funeral Director Daily Death Care Index (DCI). I hesitated, but then continued to move forward with this report on the public death care companies in spite…

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It’s a common theme — Park Lawn reports higher sales, lower margins in 2Q 2022 report

By Funeral Director Daily / August 15, 2022 /

Park Lawn Corporation (PLC) reported their financial results for the 2nd Quarter of 2022 (April thru June) last week and their report was like many others we have seen  — higher revenues, lower margins.  You can see the press release here. For the quarter PLC reported Net Revenue of $75.9 million as compared to last…

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Park Lawn makes earning season splash with large aquisition

By Funeral Director Daily / August 4, 2022 /

Park Lawn Corporation announced yesterday in this press release that they have acquired substantially all of the assets of the Schackelford Corporation based in Western Tennessee.  The Schackelford Corporation encompasses a fifth-generation company that has served Western Tennessee for 90 years.  According to the press release the acquisition includes eight stand-alone funeral homes, two stand-alone…

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