M&A Deal Summary

Park Lawn Acquires The Signature Memorial Group

On April 16, 2018, Park Lawn acquired consumer services company The Signature Memorial Group for 123M USD

Acquisition Highlights
  • This is Park Lawn’s 3rd transaction in the Consumer Services sector.
  • This is Park Lawn’s largest (disclosed) transaction.
  • This is Park Lawn’s 1st transaction in the United States.
  • This is Park Lawn’s 1st transaction in Texas.

M&A Deal Summary
Date 2018-04-16
Target The Signature Memorial Group
Sector Consumer Services
Buyer(s) Park Lawn
Deal Type Add-on Acquisition
Deal Value 123M USD
Advisor(s) Jones Day (Legal)

Target

The Signature Memorial Group

Houston, Texas, United States
website
The Signature Memorial Group LLC operates funeral homes and cemetery properties in select markets throughout North America. Signature seeks to provide succession and exit opportunities to an independent mortuary and cemetery operators that are a superior alternative for their employees and customers. The Signature Group was founded in 2011 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Park Lawn

Toronto, Ontario, Canada

website

Category Company
Founded 1892
Sector Consumer Services
Employees1,979
Revenue 321M USD (2022)
DESCRIPTION

Park Lawn provides goods and services associated with the disposition and memorialization of human remains. Products and services are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). PLC and its subsidiaries own and operate businesses including cemeteries, crematoria, funeral homes, chapels, planning offices, and a transfer service. PLC has a North American wide platform with operations in five Canadian provinces and fourteen U.S. States. Park Lawn was founded in 1892 and is based in Toronto, Canada.

DEAL STATS #
Overall 3 of 10
Sector (Consumer Services) 3 of 10
Type (Add-on Acquisition) 3 of 10
State (Texas) 1 of 2
Country (United States) 1 of 8
Year (2018) 3 of 3
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-09 Opatovsky Funeral Home

Sundridge, Ontario, Canada

Opatovsky Funeral Home offers a full selection of Funeral and memorial services, ranging from traditional to uniquely innovative and personal and Burial services and cremation options and Celebrant Services.

Buy $3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-20 Cress Funeral Service

Madison, Wisconsin, United States

Cress Funeral Service, Inc. is committed to providing the highest quality individualized funeral, cremation, veterans and green services to the families of Madison, Sun Prairie, Middleton, Stoughton, McFarland, Deerfield and Waunakee, Wisconsin.

Buy $20M
Mergr

Product

Company

Legal