Everstory Partners, a Leading Deathcare Company to Manage 84 Additional Cemeteries and Funeral Homes
(October 17, 2023) - Altamonte Springs, FL - Everstory Partners, a
leading owner and operator of cemeteries, funeral homes and crematories, is
pleased to announce that it intends to enter into a management agreement for
the management and operation of 84 additional properties consisting of 72
cemeteries, 11 funeral homes and one crematory located across four states -
Michigan, North Carolina, South Carolina and Kentucky. Everstory
Partners, an experienced death care operator, will manage the properties on
behalf of a subsidiary of Everstory's parent company who is acquiring the
portfolio from Park Lawn Corporation ("PLC"). The terms of the agreement
have not been disclosed. Everstory is expected to begin managing the
properties on or about November 30, 2023 upon completion of the sale from
PLC which is subject to customary regulatory approvals.
Lilly Donohue, President and Chief Executive Officer, commented, "It's
another important milestone for our organization as we broaden our reach
and deepen our commitment to providing compassionate and professional
end-of-life services. We understand the profound responsibility that comes
with managing these sacred spaces and honoring the memory of those who
have passed away."
"We are excited to add these properties as it aligns with our desire to
continue to grow as a private company. The addition of this portfolio puts
Everstory in a better position to offer a comprehensive range of cemetery
and funeral solutions while expanding our service to new communities and
families," added William Corbett, Chief Investment Officer.
About Everstory Partners
Everstory Partners is a leading provider of cemetery, funeral and cremation
services in 385 locations in 23 states in the United States and Puerto Rico.
At Everstory, we serve over 50,000 families each year through our Memorial
Planning network of locations that provide a range of choices to meet
families and individual needs on a pre-need (before death) and at-need (at
death) basis. For additional information about Everstory Partners, please
visit Everstory's website at: www.everstorypartners.com.
For Additional Information Please Contact:
Lindsay Granson, SVP of Sales and Marketing