Propel Funeral Partners Limited (ASX:PFP) entered into a conditional sale agreement to acquire Manning Great Lakes Memorial Gardens for approximately AUD 4.4 million on November 19, 2018. The transaction is funded by Propel Funeral Partners cash reserves. Manning Great Lakes Memorial Gardens generated revenue of approximately AUD 1.2 million in Financial Year 2018. The deal is subject to satisfaction (or waiver) of customary conditions precedent relating to confirmatory due diligence and no regulatory action. The transaction is expected to be earnings accretive for Propel Funeral Partners in year one. Propel Funeral Partners Limited (ASX:PFP) completed the acquisition of Manning Great Lakes Memorial Gardens on December 5, 2018.