Meridian Bank was pivotal in facilitating the acquisition that brought together civil engineering firms Howell and Nave Newell, writes Bill Donahue in Suburban Life Magazine. The move was move hailed as a game-changer by both parties.

Despite initial differences in appearance and approach, Denny Howell II and Greg Newell found common ground in their shared engineering backgrounds and commitment to excellence. Their well-respected firms in the Philadelphia suburbs merged in November 2023, enhancing their collective capacity and expertise.

The acquisition was the culmination of a year-long process, with Meridian Bank providing crucial financing and support throughout. For Newell, it fulfilled his desire to safeguard the continuity and culture of Nave Newell, while Howell saw an opportunity to expand his firm’s capabilities significantly.

Meridian’s flexible approach and deep understanding of their needs ensured a smooth transition.

Both Newell and Howell emphasized the importance of relationships in business, citing Meridian’s attentive and personalized service as instrumental in their success. Newell explained that the decision to sell Nave Newell to Howell was driven by a desire for stability and growth, facilitated by Meridian’s unwavering support.

Now that the acquisition is complete, both leaders are optimistic about the future, seeing it as a springboard for continued growth and innovation in the engineering sector.

Read more about Meridian Bank’s role in the merging of engineering firms Howell and Nave Newell in Suburban Life Magazine. Founded in 2004, Meridian Bank attracts the best and brightest bankers who desire to use their extensive knowledge and experience to help customers succeed.