Nolan Painting’s Merger with Magargee Bros – A Brush with Greatness
The Chestnut Hill Local’s J.B. Hyppolite wrote an article on Nolan’s Merger with Magargee Brothers.
Caption: Len Magargee, Estimator for Nolan Painting (from left); David Magargee, Estimator for Nolan Painting; and Kevin Nolan, President and Owner of Nolan Painting
…. David and Len sought out Kevin Nolan, the owner and president of Nolan Painting, to explore the possibility of merging the two companies. “After about a 15-minute conversation, what was agreed upon was that we would sell parts of Magargee Bros. to Nolan Painting,” said David.
Kevin loved the idea because he had always respected Magargee Bros., Inc. “Magargee Brothers was my role model when I started in business over 30 years ago,” he explained. “They’ve been my mentors for all those years. We have a great relationship. So far (the merger) has been wonderful. They brought a lot of work with them. They have a lot of the same type of clientele that we have. They appreciate quality of service. It really has been seamless. It couldn’t have been any better.”
David, Len and Kevin have met three days a week since March to make sure the transition goes smoothly. “We have a tremendous clientele,” said David, “and we know that they’re going to be serviced well in the future. It’s just a great relief.”
Many of Magargee’s employees had spent decades with them, including eight employees who had worked nowhere else since high school. David took pride in mentioning that his employees were treated well, citing full retirement, medical benefits, life insurance, vacation time and more. “They were the backbone of the company. They produced the work. We felt they deserved good benefits.”
Read the Haverford-Havertown Patch’s article on the merger
To learn more, read Nolan’s Press Release