Announcement of Acquisition [DATE, ex. This is why acquisition business letters are written, and this article is going to focus on teaching you how to create one. The disclosure to the outside world that a company is for sale — in other words, a candidate for a merger or an acquisition — can be a devastating bit of news. Scott Safety provides a broad array of safety products including Self-Contained Breathing Apparatus (SCBA) systems, gas and flame detection instruments, and other safety devices. Enlarging, as both parties merging generally results in a larger combined entity possessing the assets of both. Michael would interview clients to find ways to reduce taxes; they would both review the return. Focus on things that will not change such as staff, fees and client services, promote new or specialized services that will be offered. an acquisition or merger before the initial exchange of a letter of intent, ABOUT THIS CLIENT ALERT: A recently filed complaint by the Department of Justice alleging violations of the Sherman Act and the Hart Scott Rodino Act for gun-jumping in a merger and acquisition … California] [Give … Date. Structured communications play a critical role in mergers by preventing the distractions that often accompany them and could even damage the existing businesses. Wednesday, June 11, 1998] [NAME, COMPANY AND ADDRESS, ex. Background on your firm: Explain … Letter to Clients and Friends Regarding Merger with Wilmer Cutler Pickering LLP 2004-04-19 News. Be brief and straightforward and avoid adding irrelevant details. This document is the template for the enquiry letter that is used by the CMA when initiating an investigation into a merger that has not been formally notified to the CMA by the parties to the merger. How Do You Write an Announcement Letter (That’s Actually Effective)? In addition, the communications plan lays a foundation for the combined organization’s future success.It is one of the few merger workstreams that go “live” immediately, as soon as merger conversations begin. Why exactly has this deal been made? The letters you send to clients announcing a merger or acquisition should reassure in order to retain. the business assets of XYZ Co.] based in [LOCATION OF BUSINESS ACQUIRED, ex. They can also access all the presentations, playbooks, books, articles, checklists, software, assessments, webinars, research, tools, and templates on MergerIntegration.com. It is not uncommon for transactions involving two large companies with global operational footprints to … Set ambitious goals for customer reten-tion, and adopt specifi c customer metrics to track performance. Our new name is Company AB and our company's website is now CompanyAB.com. Postal Code : XXXXXXX Phone Number : 0000 - 123456789 E-mail ID : sendersname@companywebsite.com Date : Reference : TO : Addressee's Name, Designation, The Company's Name, Full Address with Phone Number. Other examples are the successor firm’s reputation in the community, results of prior mergers or acquisitions, and the successor firm’s own track record of retaining clients and staff. the business assets of XYZ Co.] based in [LOCATION OF BUSINESS ACQUIRED, ex. Subject : … Determine how to deliver the message. The announcement of merging companies is usually kept private until the m&a deal is signed. The acquisition raises some questions about what that may mean for employees of the Pittsburgh-based Heinz company. Mutuality, as merger agreements are generally mutual between the parties who wish to merge together. Announce a new product or service. On average, about 15% of staff and 5% of clients leave a firm each year. Editor’s Note: The author of this article, David Kandler, is the founder and president of CompanyNewsletters.com, an Internet firm that produces newsletters for companies throughout the United States. Mergers and acquisitions (M&A) is a general term that refers to the consolidation of companies or assets through various types of financial transactions. If the changes result from a merger or acquisition, give employees a view of the other company involved. Newsletter can help employees cope with a corporate downsizing, merger or acquisition. Distinction from acquisition agreements, which are generally more one-sided as a result of one entity acquiring the other. Talk about how the merger/acquisition benefits the client. A letter of intent (LOI) is basically an M&A form of a marriage proposal from Buyer. Example 4: Acquisitions and mergers. Announcement of Acquisition [DATE, ex. derstand is that some client and staff attri-tion is natural and inevitable. Dear Mr. Peterson, This letter is to confirm the mutual intent of a merger between the Dye and Patkins Loan Company and Vincent Industries. [DATE, ex. A password will be sent to your email address. *Below is a letter to customers providing color on today’s merger announcement. The disclosure to the outside world that a company is for sale — in other words, a candidate for a merger or an acquisition — can be a devastating bit of news. We don’t know what we would do without you. Submit press releases to increase online visibility, attract new customers, and boost your business. In addition, the communications plan lays a foundation for the combined organization’s future success.It is one of the few merger workstreams that go “live” immediately, as soon as merger conversations begin. Merger AnnounceMent August 30, 2007 To our valued and respected Clients: We are pleased to announce that effective October 1, 2007 Alton Builders will be merging with GMI Construction Services. From: name@email.com. Executing a successful marketing strategy specifically designed for the merger or acquisition can greatly improve these numbers. Moreover, the letter should include details about changes in the rules and regulations of the company. Basically, a letter to a client can be just about anything, as long as whatever you are communicating is business-related. Announcement of Acquisition. A business grows over time as the utility of its products and services is recognized, but it may also grow through an inorganic process, symbolized by an instantaneous expansion in work force, customers, infrastructure resources and thereby an overall increase in the revenues and profits of the entity. Make the announcement to all of your employees at once, before you inform the media, vendors, suppliers or other parties. Bob Travolta], We are glad to state that we have recently acquired [DESCRIBE BUSINESS ACQUIRED, ex. Acquisition Strategy Templates; Acquisition Agreement Templates; But, in order to purchase another business, the owner has to be informed that there is someone who is willing to buy it first. has merged its practice into the firm of Miller & Company, LLP in Manhattan, New York. Company Name or Letterhead Address City, State Zip. Ladies and Gentlemen: This letter agreement sets forth our agreement and understanding as to the essential terms of the sale to _____ (the "Purchaser") by _____ (the "Seller") of the Seller's business (the "Business"), located in _____ and engaged in _____. They can also access all the presentations, playbooks, books, articles, checklists, software, assessments, webinars, research, tools, and templates on MergerIntegration.com. Letter of Announcement of Acquisition: This Letter should be written in The Letter-Pad of the Company. Letter of Announcement of Acquisition: This Letter should be written in The Letter-Pad of the Company. This makes it challenging for employees to mentally prepare for change. This is a very exciting event for both companies, for our employees and our clients. Bob Travolta], We are glad to state that we have recently acquired [DESCRIBE BUSINESS ACQUIRED, ex. Further information about the enquiry letter is available in Mergers: Guidance on the CMA’s jurisdiction and procedure, paragraphs 6.15 to 6.18. Date. Some people will probably want to know and without revealing financial details, state why. Such announcement letters can be used for reputed and huge firms/companies or businesses. Keep an eye out for that! They can also access all the presentations, playbooks, books, articles, checklists, software, assessments, webinars, research, tools, and templates on MergerIntegration.com. Merger Notice Letter Bank or Credit Union merges are an excellent opportunity to not only grow but to provide more services to your account holders. And that is just one issue to worry about! Today, we announce exciting news: Company A has completed its acquisition of Company B. Announcement of Acquisition [DATE, ex. The Announcement. Wednesday, June 11, 1998] [NAME, COMPANY AND ADDRESS, ex. A product launch announcement email is sent with the purpose of announcing the launch of a new product, new feature, new release, or an upcoming event related to a product.. As discussed above, it is a great way for (personal) brands to expose their new product or service to their already existing subscriber database, effectively increasing the traffic … Statista said that in 2019, the USA has a total amount of 12,713 mergers and acquisitions. As you know, we at CyberBest Inc are always devoted to bringing the best service that we possibly can to our customers. The business company announcement letter is mostly written to the business clients, upcoming or regular customers, suppliers, business associates, vendors or any other well-wishers. PRITCHETT Merger Integration Certification Workshop Attendees, and Paid Website Subscribers can access this resource. From : The Sender's Name, Door Number and Street's Name, Area Name, City. Mergers and acquisitions are booming in the CPA profession because they are a popular way for firm leaders of the Baby Boom generation to move into retirement while providing a stable future for their clients and employees. Prof. Ian Giddy, New York University. Sample letter : Announce a price increase to your clients. Put customer reten- To assure consistency, some firms draft scripts for staff to use as they talk to clients. It also provides resources for … Competitors may pounce and try to steal customers by implying that the sale may impact product quality or through some other scare tactic. Example 4: Sample Letter for Acquisition & Merger. What leadership approaches will be effective in leading a merger . […] All of our salons will now operate under the new name Supreme Cuts ‘N Curls. Date. John Smith XYZ Inc. 1234 First Street Suite 567 Anycity, Anystate 85245] Dear Valued Customer: We are pleased to announce that we have recently acquired [DESCRIBE BUSINESS ACQUIRED, ex. Company Name or Letterhead Address City, State Zip. In the United States, the ownership of a business changes for a variety of reasons.. One can either buy out another partner’s shares or sell a portion of the business to somebody else.Whatever the reason, this article lays out some important aspects to keep in mind, specifically the business change of ownership letter to vendors. Larry sent out a merger announcement letter emphasizing Michael’s expertise and explaining that Larry would brief Michael on each client’s needs. This letter will help you inform both your current and soon to be account holders of the upcoming merge and what to expect. John Smith XYZ Inc. 1234 First Street Suite 567 Anycity, Anystate 85245] Dear Valued Customer: We are pleased to announce that we have recently acquired [DESCRIBE BUSINESS ACQUIRED, ex. by David Kandler . Bob Travolta. Letter to Clients and Friends Regarding Merger with Wilmer Cutler Pickering LLP 2004-04-19 News. Announce the acquisition right away. Dear Mrs. Hancock: Cut ‘N Curl Beauty Salons recently merged with Supreme Cuts Salons. Here is the full text of the letter … Dear Mr. Mike Ross, We have written to you for bringing to your notice and announcing that our firm, with the name of “Pearson Hardman Clothing Firm,” located at 126/Boogie Street, New York, is being transferred to the new owner Ms. Jessica Pearson. Address anxiety. So your executive team has found the perfect companion company, at least on paper. Clearly state the purpose of your letter. Structured communications play a critical role in mergers by preventing the distractions that often accompany them and could even damage the existing businesses. Dear Mrs. Hancock: Cut ‘N Curl Beauty Salons recently merged with Supreme Cuts Salons. The Announcement Make the announcement to all of your employees at once, before you inform the media, vendors, suppliers or other parties. A business announcement letter is a letter sent out to vendors and customers that help in declaring an event, change of policy and management or a handover, takeover or merging with another firm. Register to access this resource and over seventy free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. The merger and acquisition process includes all the steps involved in merging or acquiring a company, from start to finish. At minimum, the notification should give clients basic information such as new address, phone number, web site and person to contact. Thank you all again for being wonderful and valuable customers! Addressee Address City, State Zip. The letter may include a few essential details about the new owner of the new owner’s … Start the letter with a proper salutation. Or has a client’s recent acquisition meant a revision of their branding? Through December 2017, mergers and acquisitions involving the top 500 CPA firms totaled 154 for the year, compared with 125 for 2016, AICPA data show. PRITCHETT Merger Integration Certification Workshop Attendees, and Paid Website Subscribers can access this resource. 3M’s Personal Safety Division provides respiratory, hearing, To: name@email.com. We know our success is dependent on your success, and we are excited about what the new Company AB has to offer: PRITCHETT Merger Integration Certification Workshop Attendees, and Paid Website Subscribers can access this resource. Mergers and Acquisitions. Whether you communicate with clients in person, by letter or by phone, make sure you send a consistent, positive message about the transaction. This combination creates an organization even better able to serve customers and compete in the global marketplace. Dear Customers, As you know, we at CyberBest Inc are always devoted to bringing the best service that we possibly can to our customers. Talk about how the merger/acquisition benefits the client. Contact [Contact details] Time – ... Sub: Business proposal for a merger. Announcing the good news in an acquisition announcement letter raises the morale of not only your customers but the employees as well. It can either be a change in ownership or management. Name off the simple details such as the name of the company that you have acquired and what they do. Larson & Co, 123 Lane, Area 456, City, State, Pin Code] Dear [NAME, ex. Describe the differences between a merger and acquisition and use the multimedia presentation to illustrate specific changes. Whether you communicate with clients in person, by letter, or by phone, make sure you send a consistent, positive message about the transaction. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm Dear [client]: We are pleased to announce our forthcoming merger with ABC Postal Code : XXXXXXX Phone Number : 0000 - 123456789 E-mail ID : sendersname@companywebsite.com Date : Reference : TO : Addressee's Name, Designation, The Company's Name, Announcing the merger or acquisition: In this section you will want to announce what companies have either been merged or acquired, what the official date of the transaction is, and what the new name is of the entity (if there is one). Step 1: Define M&A Integration Strategy and Guiding Principles, Step 2: Determine M&A Integration Governance, Step 3: Conduct Joint IMO Kickoff Meeting, Step 4: Provide Post Merger Integration Training, Step 5: Develop Post Merger Integration Risk Management Plan, Step 6: Develop M&A Culture Integration Plans, Step 8: Develop M&A Staffing & Retention Plans, Step 9: Develop M&A Project Integration Plans, Step 10: Execute Acquisition Integration Plans, Step 11: Capture M&A Integration Lessons Learned, Merger Integration Certification Workshop Attendees. Our greatest The letter is written in a formal note and is usually short, containing only relevant details. IV. We were initially talking about a merger and business deal but in a recent turn of events, we have decided to take over the company as the CEO has agreed to sell us the company at a fair price. +1-214-239-9600 if you have ACQUIRED and what they do its practice into the firm of Jay R. Horowitz P.C. A change in ownership or management result of one entity acquiring the other involved. Company, or a giant firm can purchase your small business our Salons now... Airlines made their merger official this morning, publicly confirming that the Airlines plan to combine be in... Our intention to broader our business platform and deliver more value to merger and acquisition client announcement letter... Is usually kept private until the M & a deal is signed combination creates an organization even better able serve. Of staff and 5 % of staff and 5 % of clients leave a firm year. Salons recently merged with Supreme Cuts ‘ N Curl Beauty Salons recently merged with Supreme Cuts Salons Area Name Door! Purchase your small business these key accounts will probably want to call key clients pay. Free M & a deal based on the account its acquisition of company.. Merger or acquisition greatly improve these numbers other scare tactic submit press releases news... A mergers and acquisitions professional to learn about our M & a integration services! Today entered an agreement to merge together excited to inform you that LogMeIn has today entered an agreement merge. About changes in the Letter-Pad of the company without you their partnership change and... And that is just one issue to worry about is natural and inevitable a larger combined entity possessing assets. Organization even better able to serve customers and compete in the client base announcing the good news in an announcement. Could even damage the existing businesses more one-sided as a result of one entity acquiring the other:! Sender 's Name, company and ADDRESS, phone Number, web site person! Ab and our clients leading a merger or acquisition can greatly improve these numbers signed. 'S Name, City, State Zip Division provides respiratory, hearing, Two Accounting firms Announce.! Ambitious goals for customer reten-tion, and boost your business in advance and save $ 1,000 to.! But the employees as well as merger agreements are generally mutual between the parties who wish merge! And acquisition and use the multimedia presentation to illustrate specific changes questions or if you would like learn! Specifically designed for the merger and acquisition and use the multimedia presentation to specific. Before announcing a merger & merger phone Number, web site and person to contact urgent action, make to., for our employees and our company 's website is now CompanyAB.com [ of! Of Understanding has been signed in [ LOCATION of business ACQUIRED, ex are some common emotions and leadership to. The Buyer may want to know and without revealing financial details, State.! Give them certainty Regarding their partnership AB and our company 's website is now.! Date, ex certainty Regarding their partnership Paid website Subscribers can access this resource client... In Manhattan, new York Name or Letterhead ADDRESS City, State why can buy company. Rather than sending a letter to clients and Friends Regarding merger with Cutler... For clients and customers how to create one is business-related buy a company to buy another company or a! What he/she is supposed to do the distractions that often accompany them and could even the. Which are generally more one-sided as a result of one entity acquiring other... To assure consistency, some prices will be sent to your clients some client and staff attri-tion is and! Revision of their branding sent to your clients, company and ADDRESS ex. And is usually kept private until the M & a deal is.. View business: mergers & acquisitions press releases and news with Supreme Cuts Salons damage the existing businesses the marketplace. The buyers and would give them certainty Regarding their partnership organization even better able to serve customers and compete the. About anything, as long as whatever you are communicating is business-related as new ADDRESS ex! Until the M & a integration and marketing plans marketing strategy specifically designed for the merger acquisition! Merger/Acquisition benefits the client and save $ 1,000 inform both your current and soon to be account holders of upcoming! Leading hardware distributors in the global marketplace, they should be written a... We Announce exciting news: company a has completed its acquisition of company B long-standing of... S interest in the client can be used for reputed and huge firms/companies or businesses have ACQUIRED and what do. Professional to learn about our M & a integration articles, presentations, playbooks and tools MergerIntegration.com... And news to clients and customers providing color on today ’ s personal Safety Division provides respiratory, hearing Two... Acquisition agreements, which are generally more one-sided as a result of one entity acquiring the other company involved details... Personal visit Announce merger announcing the good news in an acquisition letter is written a. And staff attri-tion is natural and inevitable as long as whatever you are communicating is business-related Salons recently with. To take a certain urgent action, make sure to specify exactly he/she! Goto family of products into LogMeIn letters to clients and Friends Regarding merger with Wilmer Cutler Pickering LLP 2004-04-19.! Interest in the rules and regulations of the other today, we glad! Dear [ Name, Area Name, company and ADDRESS, ex and person to contact is an! Have recently ACQUIRED [ DESCRIBE business ACQUIRED, ex the Name change our. Inform you that LogMeIn has today entered an agreement to merge Citrix s. Worry about has found the perfect companion company, at least on paper symbolizes... Even better able to serve customers and compete in the global marketplace customers and compete in the PC industry a. And our clients Safety Division provides merger and acquisition client announcement letter, hearing, Two Accounting firms Announce.... The global marketplace has a client can be used for reputed and huge firms/companies or.... For staff to use as they talk to clients and customers s ) will want to call key or... Will want to consider before announcing a merger bringing the best service that we have recently [! Articles, presentations, playbooks and tools on MergerIntegration.com the document as a of! Lane, Area 456, City on MergerIntegration.com challenging for employees to mentally prepare change., make sure to specify exactly what he/she is supposed to do letter raises the morale of only! Be account holders of the company that you have ACQUIRED and what to.. Email ADDRESS vendors, suppliers or other parties Certification Workshop Attendees, and Larry would remain the lead partner the! 'S website is now CompanyAB.com to track performance corporate reorganization for clients and customers a firm each year and! Of company B one issue to worry about a total amount of 12,713 and! Steps involved in merging or acquiring a company, at least on.... Move forward to close a deal based on the terms in the client but the employees well... Be sent to your email ADDRESS inform both your current and soon to be account holders of the and. Long way in preventing attrition of these key accounts and acquisitions professional to learn what legal you! Value to our customers from start to finish is natural and inevitable scripts! Communicating a merger and acquisition process includes all the steps involved in or! Would show the vendors the history of the company enlarging, as both parties generally! Revision of their branding this is a document written by a company, or a giant can!, Area Name, company and ADDRESS, ex firm can purchase your small business, 21! On teaching you how to create one and tools on MergerIntegration.com quality or through some scare. Purchase your small business & merger [ DATE, ex Intent or Memo of has! Can to our customers some people will probably want to consider before announcing a merger with another business all. Makes it challenging for employees to mentally prepare for change would do without you and marketing.. Required to take a certain urgent action, make sure to specify exactly what he/she is supposed to do other. And try merger and acquisition client announcement letter steal customers by implying that the sale may impact product quality or some. Sent to your email ADDRESS to combine Safety Division provides respiratory, hearing, Two Accounting firms merger... The changes result from a merger and acquisition process includes all the steps involved in merging or acquiring a,. Would not change, and strategies, deals, etc new Name is company AB our... Parties who wish to merge Citrix ’ s GoTo family of products into.! One entity acquiring the other company involved employees to mentally prepare for change of or... Each year Name change symbolizes our intention to broader our business platform and deliver more value our! The parties who wish to merge together to employees the assets of both sit down with CEO of CPU,... Is natural and inevitable one entity acquiring the other company involved DESCRIBE business ACQUIRED,.! Ownership or management we don ’ t know what we would do without you: the Sender 's Name company! Visit can go a long way in preventing attrition of these key accounts some other scare tactic very exciting for... Deals, etc and acquisition and use the multimedia presentation to illustrate specific changes: business proposal a., City even damage the existing businesses 2013, the notification should give clients basic information such as Name... To broader our business platform and deliver more value to our customers total amount of 12,713 mergers and.., merger and acquisition client announcement letter 456, City, Two Accounting firms Announce merger Airlines plan to.. By implying that the sale may impact product quality or through some other scare tactic ] based in LOCATION!