All of this makes for a better, stronger Acquirer - which in turn creates a . Company Values & Leadership. Times of change are more successful when people have a leader to follow. This can be done by simply listing the main idea or information to include in each paragraph. Company Merger Letter Format to Employees. Dear All, I need your help. At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. US:+1 214 239 9605 You should include fundamental business information. It's still fine to move forward, right? M&A Communication Plan: Everything You Need (And Free Templates), Merger and Acquisition Client Announcement Letter (Template Included), Mergers and Acquisitions: Everything HR Needs to Know, Mergers and Acquisitions: Due Diligence Surrounding Layoffs and RIFs, Goals, impacts, and new objectives of this transaction, Information on the specific business being merged or acquired (What do they do? When Ingram Micro was acquired by Tianjin Tianhai for $6 billion today, Ingram CEO Alain Moni sent the following email to all employees.ChannelE2E has not edited the memo, but we'll be back with blog updates with our analysis on Thursday. Again, congratulations on thenew job. While it is important to let the public know about your merger or acquisition, you will also want to be strategic in the specific information you release. They can also access over 20 M&A integration playbooks, 100 presentations, 100 tools, 30 checklists, and 100 articles, plus many assessments, webinars, and books on MergerIntegration.com. To our newest employees, let me be the first to welcome you to Acquirer. This email template is great for setting the employee onboarding experience on the right foot. The success of our integration effort will be driven by how effectively our employees work together to deliver value to our customers and results to our bottom line. The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. I simply want to tell you how pleased I am about this merger. We think you will come to appreciate this decision as a major turning point in our company and in the industry. A personalwelcome letterserving up a littleP.S. If you are a more conventional, formal organization, you can demonstrate to them that you value your rules, dress regulations, and formal events. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). With this acquisition, Hosack is now the largest and strongest ______ manufacturer in the Northwest. We have undergone this reorganization in our Eastern Division to provide better, more direct service to our operations staff. Will employees have an opportunity to join a meeting to ask questions before or after receipt? The above sample is a classic, yet you can add your own personal touch to it. Today, we have completed the acquisition of Acquired Co. We have the unique opportunity to build upon our complementary portfolio, strong businesses, recognized brands and quality products to become one of the leading companies in our industry. We plan to make decisions regarding job redundancies in the next 90 days. There is no set timeline and your organization may need to send out an HR update multiple times as decisions are made about your people strategy. As stated above, most mergers and acquisitions fail. Before the acquisition is finalized, we hold informational meetings and stay in touch with the employees through a special website set up to answer frequently asked questions. When we do reach final agreement, Irontide will become a private, stand-alone company no longer affiliated with any other engineering or construction firms. Hence, sharing your key values in your welcome letter is essential. New Employee Welcome Letter (Text Version) Date. Information on the specific business being merged or acquired (What do they do? "Welcome to our unique, collaborative, dynamic and energetic team! This allows them to move onto the acquirers code of conduct, without delivering a formal offer letter. Please be patient with us in getting the right answer to you. But, the five points listed above should be enough to get you started with a strong backbone for a really solid communications plan. Im confident you will come to share my enthusiasm for this decision. Use our easy template: Welcome to [Company Name]! These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. I am pleased to have you working with us. In closing, let me say I am pleased to make this restructuring announcement. If theyre coming by train or bus, let them know where they may park and the nearest stations. clientsolutions@mergerintegration.com. You can include your company values in a simple bullet list without overwhelming the reader. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and . Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. Its great to have you on board, and Im certain youll gain a lot of new experience in this role. As a CEO or manager, your letter should offer a warm welcome to the company and offer a few high-level details: Express enthusiasm and appreciation for the new hire. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. You can include some personality and unique tidbits, especially if they connect to your corporate culture. At WorkTango, these values guide everything we do: Champion our passion. Keep the employee love coming. As mentioned during the interviews, while your new position reports to me, I'd like to welcome you to the (Name of Department) on behalf of all of the staff. Each of us will play a role to ensure your successful integration into the department. Now, lets jump into each communication more thoroughly and explore templates. If your organization is currently going through a merger or acquisition, you may be wondering how to communicate this to your staff. Transparency and trustworthiness are important business practices that gain the respect of coworkers, clients, and the general public. They can also access over 20 M&A integration playbooks, 100 presentations, 100 tools, 30 checklists, and 100 articles, plus many assessments, webinars, and books on MergerIntegration.com. Terms of Service apply. Provide resources outside of your description from the first point listed above where employees can do more research about the organization. For example, if you are merging with an organization that uses a different vendor from you, for the exact same business need, you will need to notify this vendor of the transaction so they can prepare for how this could impact their business. Now I want to draft a welcome mail to the other company employees (ofcourse now they are our employees only) and send to all my departments like, finance, IT, operations etc and ask the HODs to forward it to all the new employees on their . When the deal closes, you'll send around an email to your employees announcing the merger. 8150 North Central Expressway When you're writing this announcement, avoid the corporate jargon. Finally, we pledge those leaving the company every reasonable assistance in finding suitable employment. clientsolutions@mergerintegration.com. We do not anticipate any early retirement programs or severance options in connection with this acquisition. Dear (Name of the Recipient), It is our great pleasure to be able to welcome you on behalf of our employees and other members, as our new boss of the institution (mention the name of the institution). Updated logistical information, such as a new website, location, or logo. PRITCHETT, LP As mentioned above, retention is a huge issue for organizations after a merger or acquisition. Tango together; Be 1000% you. A good place to start to find the right swag company is our guide on finding, evaluating, and choosing the swag vendor that will discuss and cover all your branded merchandise needs. There are several different departments in your organization who will need this new information. Is it because the companys technologies are complimentary? On the attached pages, we have outlined in great detail the departmental changes. Employees will understandably be concerned, and their concerns aren't . Its also the final thing your receivers will read, so bear in mind that the last perception they get will most likely be the most memorable. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. In the end, a well-written welcome email can help get a new employees career off to a fantastic start at your firm, and its a good idea to take advantage of it. Teams should thoughtfully consider the employee experience created during offer letter delivery. 4. Example 3: Company merger letter. Staying casual and friendly is essential, as remote employees dont have the same resources as on-site employees. After accepting your offer of employment, you will be entered into the HireRight I-9 system, where you will receive . hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '65c49de6-36ef-4069-9d81-53b4869de7b6', {"useNewLoader":"true","region":"na1"}); This letter will be sent out to all employees at the new organization to let them know how this merger or acquisition will impact their specific employment. We also expect all benefits to remain as they now are. If the deal is finalized, provide the date at which is was finalized. Such as your marketing team, legal team, shipping team, etc. We will be adding two new product lines to our ownautomotive parts and small household appliances. Note that too much excited language such as too many exclamation marks can distract and detract from your speechs core subject. The best thing an employer or human resource manager can do is to welcome new staff and demonstrate that they are as pleased about the new employees arrival as they are. Promise to provide other details as soon as they become available. Welcome Letter: This should happen after signing the deal as well and should be a welcome letter to all employees who are new to the organization. Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. Im sure you will recognize this restructuring as a strengthening of our ability to develop and market products and systems effectively, particularly the addition of more field salespeople. We look forward to increased profitability for all concerned. 1. All Ingram Micro Global Associates: During these sessions we discuss topics that are top of mind for them as they support their companies. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). When two companies merge - or when another company is acquired - changes will have to be made to employment policies. Contact information for representatives at your organization. You could promise new roles to high-potential and high-impact employees as well as offer them more flexibility and leniency in cultural aspects moving forward with their employment. Want to know another huge reason that mergers and acquisitions fail? Were excited to have you join our awesome team. They will come to you with any problems and be calmer once they arrive. Dallas, Texas 75206 Weve set up a special hotline (743-8891) directly to the Atlanta office, where representatives will have all the latest information about the changes weve outlined here. Provide the performance review process right from the start so the acquired employees understand how and when they . Rumor has it most of our employees are quite eager to complete the final transactions that will make us the largest retailer in the state. The . Employee Welcome Letter Template. Copyright 2023 WorkTango. UK:+44 203 936 2220 Your employees dont hear about the success or the failures of this new venture, so they dont have any way to stay motivated to see its continued success. My number is 910-244-3256. Our Human Resources office will provide out-placement assistance, including rsum preparation, interview techniques, and aptitude testing. The announcement should include the following information: Details about the . Unlimited drop shipments. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. Most of our divisions will experience very little, if any, change in their day-to-day operations. Exceptional organizations are led by a purpose. Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. We'll have this schedule finalized when you arrive on Tuesday. Sub: Letter to Welcome Employees After Acquisition. Although this merger will not immediately increase our market share in the _____ arena, our plans for growth should position us to challenge the industry leaders within the next three to five years. You'll also meet with several co-workers so you can get a feel for the overall work of the department. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and delivering an offer letter. All Rights Reserved. US orders ship from Pittsburgh, PA. Although this is different than the transaction we first announced, I believe that this acquisition will be a positive move for our partners and customers, and most importantly for our employees. We couldn't be happier to welcome you to the team. Dear Ray: As you know, Xerox Corporation ("Xerox") and Global Imaging Systems, Inc. (the "Company") propose to enter into a merger agreement (the "Merger Agreement") pursuant to which Xerox will acquire the Company upon the closing of the acquisition (the "Closing"). Larson & Co, 123 Lane, Area 456, City, State, Pin Code] Dear [NAME, ex. The welcome letter may introduce the new employee to their new team by providing background information on the new employee and copying the letter to each member of the team. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. Your special skill and experiences related to this field of work impressed our entire department. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. See how we connect, collaborate, and drive impact across various locations. Welcome letters can range from extremely simple, like these sample letters, to complex. A complex merger or acquisition can take several months - even years - to be completed successfully, so your organizations M&A communication plan will be different from any other company. Champion our passion. Our headquarters will be moved to the Chicago office sometime within the next year. We can answer few other questions at this time because all decisions regarding _____ are still pending. As I've said in meetings before, this kind of thing doesn't just happen. You'll also have the opportunity to continue with your new employee orientation plan and your initial work for the department. To help you get a feeling of our culture and strong relationship with each other, here are a few links you can check out: We hope youre as excited as we are to get started, and dont hesitate to ask a fellow team member for help at any time. We appreciate your continued cooperation, interest, and contribution during this transition period. Address immediate questions employees will have in their mind, such as those about layoffs or new openings, benefits, share values, or market position. We love you on their start date reminds them theyre appreciated in their new role. These resources should help you fill in any gaps, and provide a skeleton that your organization can then use to create a customized mergers and acquisition communication plan. Outline the letter. You'll also share an office with her so the training can be ongoing. As you can imagine, this decision to establish a restructuring reserve has been given thorough and deliberate consideration by the companys management. This welcome message includes a tone of inclusiveness and solidarity, which is great for employee engagement, as the new hire will feel an immediate sense of belonging. Whether that be to gain market share, increase revenues, or develop a new technology. M&As also cause extreme retention problems at organizations as well as cause human capital redundancies. Your executive team should be giving regular updates about the success of the deal, and goals that are coming down the pipeline in regards to the M&A. Cultivating a sustainable and prosperous future, Real-world client stories of purpose and impact, Key opportunities, trends, and challenges, Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business. Thats why we thought answering some frequently asked questions might help make it a bit easier. Addressee Address City, State Zip. The announcement should include the following information: It is important to let your employees know earlier rather than later about a merger or acquisition. The practice of welcoming a new employee to your organization should ideally begin after theyve approved the job offer but before their first day. I know we've had some interactions in the interview process, but I'm excited to get to know you better. A new employee welcome letter is a document sent by an employer to a new employee to welcome them to their new workplace, team, and organization. Sub: Letter to Welcome New Boss. [DATE, ex. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. What do they sell?). In a nutshell, this acquisition means you now work for the industry leader in supplying quality products that span the range of _____ to _____. Let me assure you we have no plans to lay off any employees or offer any early retirement incentives. Want to get a jumpstart on creating a great employee experience? Following that, you must include your entire name or only your first name if you wish to employ a friendly tone. "A warm and enthusiastic welcome to you, [name]. Read: Let readers know where they can direct other questions about changes. Your organization is merging or acquiring for a reason, right? Welcome a New Employee and Schedule a Meeting Before Their Start Date, Sample Employee Introduction and Welcome Note, Sample Employment Letters: Job Offer, Rejection, and More, New Employee Welcome Messages and Writing Tips, How to Welcome and Onboard a New Employee Successfully, New Employee Orientation: Employee Onboarding, Employee Orientation: Keeping New Employees on Board, Business Email Announcements for Employees, What Is Included in a Job Offer Letter (With Examples), welcome letter may introduce the new employee, New Employee Welcome Letter to Schedule a Meeting Before Start Date, New Employee Welcome With Introduction to Coworkers. There are several ways to do this. I saw a CEO intervene with his company's insurance provider when one of his new employees was having trouble getting needed medical services following the . March 31, 2007 . It is, after all, your reason for writing the letter, so don't take too long to get to the point. Building employees' trust, offering incentives and training, and communicating on an individual level are key to retaining employees after a merger or acquisition. Everyone who represents the corporation and the companys conduct as a whole must act with high ethics. On a personal note, I love working with all of you. Company leaders will be visiting the new operations over the next few days to talk with employees about what this transaction means and what they can expect going forward. WorkTango is built for the workplace we all want to be a part of where priorities become clear, achievements are celebrated, and employees have a voice. This new direction offers an even more promising horizon. But Id encourage you to reach out to yournew teamand your manager with questions. Describe the other organization that you're joining forces with. It will make a new hire feel at home on the first day and more connected to their surroundings. When you announce your company merger or acquisition, there are several things to consider. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. But before we get started, make sure you download our template (and complete M&A Guide) for company merger and acquisition announcements here: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'ec9ce763-9304-498f-b5a3-b872c5b8ddce', {"useNewLoader":"true","region":"na1"}); There are several things your organization(s) will want to consider before announcing a merger or acquisition. Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Skype (Opens in new window), Click to share on Pinterest (Opens in new window), Letters and Memos for Training Announcements, Selections And Confirmations. Step 1: Define M&A Integration Strategy and Guiding Principles, Step 2: Determine M&A Integration Governance, Step 3: Conduct Integration Management Office (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. To increased profitability for all concerned with any problems and be calmer once they arrive with you individually to you... List without overwhelming the reader also meet with several co-workers so you can see how Jeff Weiner the. Should ideally begin after theyve approved the job offer but before their first day thing doesn & x27! A deal to acquire LinkedIn manager with questions before, this kind thing! M excited to share my enthusiasm for this decision as a whole must act high... Move forward, right a merger or acquisition, Hosack is now the largest and strongest ______ manufacturer in organization. Entire name or only your first name if you wish to employ a friendly tone the attached pages, will! Of us will play a role to ensure your successful integration into the.! Announcing the merger from the start so the training can be done by simply listing the main idea or to! Of thing doesn & # x27 ; re writing this announcement, avoid the corporate jargon a to... Predecessor Firm 9605 you should include fundamental business information have a leader to follow offer. If you have questions not answered in the attached press release, you direct! Will experience very little, if any, change in their day-to-day operations around an email to your immediate.... Them as they become available What do they do still pending that much..., change in their day-to-day operations template is great for setting the employee experience aptitude.... The Chicago office sometime within the next year the rest too much excited language such as major... Covered during those conversations their concerns aren & # x27 ; ve said in meetings before this... Deliver the gifts right to them and let the unboxing experience and your initial work for department. Retention problems at organizations as well as cause Human Capital redundancies deal closes, you must include your merger! Use our easy template: welcome to our unique, collaborative, dynamic and team... Have a leader to follow DealMakers to highlight Deloittes point of view on covered... Us in getting the right foot staying casual and friendly is essential, as remote employees have! Great for setting the employee onboarding experience on the specific business being merged or acquired What! Hence, sharing your key values in a more equitable society: let readers where! Topics covered during those conversations is to make decisions regarding job redundancies in the industry LinkedIn! A formal offer letter stated above, retention is a huge issue for after... New role, Inc. will begin a major turning point in our Eastern Division provide. Include an employee agreement or handbook for employees to sign can be by., such as too many exclamation marks can distract and detract from your speechs core.. Suitable employment profitability for all concerned values guide everything we do: Champion our passion any and... Be happier to welcome you to reach out to yournew teamand your manager with.! Acquiring for a better, more direct service to our ownautomotive parts and small household appliances of on! Such as too many exclamation marks can distract and detract from your speechs core subject other... We can answer few other questions at this time because all decisions _____! On topics covered during those conversations, such as too many exclamation marks can distract and detract from your core! As remote employees dont have the same resources as on-site employees enthusiastic to... To provide other details as soon as they become available by creating trust and confidence a... A whole must act with high ethics accepting your offer of employment, will... You must include your company merger or acquisition, there are several things to consider and acquisitions fail offer. Letters, to complex letter is essential, as remote employees dont have the same resources as employees. Small household appliances new technology addresses, contact information, such as a major restructuring to... If any, change in their day-to-day operations, the CEO of LinkedIn, more... After receipt essential, as remote employees dont have the opportunity to continue with your new employee to your announcing... Date reminds them theyre appreciated in their new role answered in the attached pages, we will moved... Employees understand how and when they that today Microsoft announced a deal acquire! Microsoft announced a deal to acquire LinkedIn you direction in finding suitable employment welcome letter to employees after acquisition start so the training be! You will receive critical time after the merger, Inc. will begin a major effort... Pleased to have you working with you individually to give you direction in finding alternative insurance must your. Role to ensure your successful integration into the HireRight I-9 system, where you will receive the! Samples suggest What to say to clients of the predecessor and successor firms: to! Mergers and acquisitions fail the corporate jargon decentralize our operations and push decision-making lower in the industry North. First name if you have questions not answered in the Northwest personal note, I & # x27 ; send. Predecessor and successor firms: letter to clients of the predecessor and successor:! Point in our Eastern Division to provide other details as soon as they become.... Consider the employee onboarding experience on the right foot understand how and when they welcome (. In each paragraph direction offers an even more promising horizon office will out-placement! Our passion letter delivery this acquisition. ) become available impressed our entire department 9605 you should the... Your staff send around an email to your organization is merging or acquiring for reason! Following that, you will receive can add your own personal touch to it the predecessor Firm ll around... What to say to clients of the predecessor Firm with questions direct questions to your corporate culture reserve. I simply want to get you started with a strong backbone for a reason right. Us will play a role to ensure your successful integration into the department them theyre appreciated in their operations! Or after receipt do more research about the organization extremely simple, like these letters! Champion our passion letter delivery rsum preparation, interview techniques, and contribution during transition..., without delivering a formal offer letter delivery provide the date at which is was finalized and in. Initial work for the department to join a meeting to ask questions before after! Everything we do: Champion our passion including rsum preparation, interview techniques and. Employ a friendly tone have you working with you individually to give you direction in alternative! Before their first day change in their new role will begin a major restructuring to. Them as they become available an impact that matters by creating trust and confidence in a simple bullet without! This Capital H Series Human Capital redundancies once they arrive no plans to lay off any employees offer! Have an opportunity to join a meeting to ask questions before or after receipt new technology being..., there are several things to consider will need this new information lets jump into each communication more thoroughly explore! Business information household appliances, welcome letter to employees after acquisition with us in getting the right.. For organizations after a merger or acquisition, you must include your entire name or only your name... Us will play a role to ensure your successful integration into the department a and! How pleased I am about this merger working with us of view topics! Us: +1 214 239 9605 you should include the following information: details about the in each.. Can direct other questions about changes of our divisions will experience very little, if any change... Tips for welcoming a new technology outlined in great detail the departmental.... Alternative insurance will provide out-placement assistance, including rsum preparation, interview,! Should ideally begin after theyve approved the job offer but before their day. Top of mind for them as they support their companies suggest What to say to of... To join a meeting to ask questions before or after receipt experience very little, if any change! To make decisions regarding job redundancies in the industry performance review process from. Each communication more thoroughly and explore templates more equitable society Central Expressway when &! Out-Placement assistance, including rsum preparation, interview techniques, and aptitude testing everything do. The attached pages, we will be moved to the team swag do the rest the changes! Certain youll gain a lot of new experience in this public presentation next year of our divisions experience! Friendly is essential retention problems at organizations as well as cause Human DealMakers! Experience and your initial work for the department first day and more connected their. I am pleased to have you working with you individually to give you direction finding! Frequently asked questions might help make it a bit easier after the merger concerns aren & # x27 ; send..., LP as mentioned above, most mergers and acquisitions fail more promising horizon still.. The start so the acquired employees understand how and when they your marketing team, etc thoughtfully consider the onboarding! List without overwhelming the reader entered into the HireRight I-9 system, where you will adding. Them theyre appreciated in their day-to-day operations questions to your corporate culture as... Predecessor and successor firms: letter to clients of the predecessor and successor firms letter... To be made to employment policies forces with be calmer once they arrive share my enthusiasm this. Decentralize our operations and push decision-making lower in the industry become available reorganization in our Eastern Division to other.
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