RICHMOND, Va. – Troutman Pepper client Burke & Herbert Financial Services Corp. and Summit Financial Group Inc. recently announced they have entered into a definitive agreement under which Summit will merge with and into Burke & Herbert in an all-stock merger of equals. Read a company press release about the transaction.
Burke & Herbert Bank & Trust Company is the oldest continuously operating bank under its original name headquartered in the greater Washington DC Metro area. The bank offers a full range of business and personal financial solutions designed to meet customers’ banking, borrowing, and investment needs and has over 20 branches throughout the Northern Virginia region and commercial loan offices in Fredericksburg, Loudoun County, Richmond, and in Bethesda, Maryland.
The multi-disciplinary team advising Burke & Herbert was led by Gregory Parisi, and included attorneys Zayne Tweed, Jason Langford, Seth Winter, Danilo Castelli, Mashal Shah, David Kaplan, Sheri Adler, Emily Davidson, Joel Post, Mark Goldsmith, and David Constine.