Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. If the deal is finalized, provide the date at which is was finalized. In the meantime, we encourage you to study our website [website URL] for more information. You can use these samples as models to write a welcome letter. 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. Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. Having a welcome letter is a great way to start an open dialogue of honesty and transparency with new employees, as well as to create an inviting culture that will hopefully assist with retention issues. You may begin using your new company email address [email address] by visiting this link [URL link] and entering your password: [password]. Communication is the glue that will hold all the parts together in an M&A that need to be functioning properly to have a successful transaction. In the future, as you come in contact with these new members of the Burford-Hymil organization, Im confident you will come to share my great enthusiasm for this relationship. Bob Travolta. Thank you for your patience in this transition period. This agreement is subject to several conditions that must be met before the acquisition is final, and this negotiation process may require up to five months. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and 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. Internal vs external communication is very different! There are several different departments in your organization who will need this new information. I anticipate that your second day will involve more co-worker meetings to understand the department. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. Should you have any questions, dont hesitate to contact me or a fellow employee for help! We will keep you informed of all the events and plans as we learn of them ourselves. I am so proud of the company we have built together. Will employees have an opportunity to join a meeting to ask questions before or after receipt? (Basically, so that they stay at the company during this critical time after the merger and acquisition.). Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. PRITCHETT, LP Start their journey off right. 1648 Grey Owl Circle . Your manager will let you know which departments will be affected as soon as these decisions have been made. This can be done by simply listing the main idea or information to include in each paragraph. Is this easy for employees? This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. This deal brings together the world's leading professional cloud with the world's leading professional network. Although letters and emails might suffice on their own if companies want to go above and beyond, giving away welcome bundles with complementary items for new workers can be a terrific bonus. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. Unlimited drop shipments. 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. Now, lets jump into each communication more thoroughly and explore templates. Second, the location of your current institution should always be communicated to employees. Announcement of Acquisition. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. To stay logged in, change your functional cookie settings. Dear Quest Employees: This morning a press release went out announcing that we have entered into a definitive agreement for Dell to acquire Quest Software.. Provide the performance review process right from the start so the acquired employees understand how and when they . It's still fine to move forward, right? Make sure that you provide all the information they need, and give them the details about when they should start using the new logistical information. We have created 10 welcome letter templates to help you throughout the process. Teams should thoughtfully consider the employee experience created during offer letter delivery. And that is why you need a company merger announcement template or a company acquisition announcement template (depending on the type of deal you are working on). |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead clientsolutions@mergerintegration.com. What do they sell?). 3. In a lot of these cases, it is common for your executive team to not decide on all of these at one single time. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. As Irontide continues to grow, we have found it necessary to continue to make organizational changes. We couldn't be happier to welcome you to the team. First, the date and hour of the employees first shift should always be included in the welcome email. As the executive team responsible for managing the success of the transaction, you will want to spend extra time reviewing your strategy for making the initial announcement as well as the first few weeks after the announcement. "A warm and enthusiastic welcome to you, [name]. Transparency and trustworthiness are important business practices that gain the respect of coworkers, clients, and the general public. Dissect who owns your company and how each person is associated with it. Dear (New Employee Name): I'd like to welcome you to (Name of Company). To our newest employees, let me be the first to welcome you to Acquirer. Read: Its great to have you on board, and Im certain youll gain a lot of new experience in this role. The next few weeks will be busy, exciting, and challenging ones. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. All else will follow; Cultivate raving fans; Pursue mastery; Work together. This acquisition will, of course, dictate significant restructuring of our marketing division. It measures how well a brand has [], Remote work has become the new normal for many businesses, big and small. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. 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. Register 2 months in advance and save $1,000. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing, or have closed, a merger or acquisition. During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation, and benefits. 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. Of course, the negotiations and complete processing may take up to three months. Your new team anticipates taking you out to lunch to get to know you and to make sure that you meet everyone with whom you will be working. As we agreed, your first day on the new job is Tuesday, (DATE). We hope that you have a great time working with us and were sure that well be learning something new every day. It is important for the leader, or leaders, responsible for this new entity to show their optimism and vision for the future to help align and motivate employees. Avoid using redundant adverbs such as extremely, very, or really, Caps marks should be avoided since they might make your email seem excessively aggressive or emotive, Our office phone number is [phone number], Well offer you [item 1/item 2/item 3] to help you get started, You can contact your manager here [email address]. March 31, 2007 . Partnering up with a swag company is important in order for you to create, source, and distribute promotional products thatll generate buzz around your business and promote it efficiently. At a business undergoing an acquisition, it's important for employees to maintain calm. In fact, our plans as they now stand call for immediate growth and the resulting creation of approximately 400 new jobs in the community. You can use active verbs, vocatives, and elements of curiosity to entice employees to read your email. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. Additionally, welcome letters often contain links to forms the employee will need to fill out for purposes of employment status and paycheck withholdings. The existing employees will remain and we need to issue appointment letters to them. ), Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal, Updated logistical information, such as a new website, location, or logo, Contact information for a press representative at your organization, Any new services that you will be able to provide them (for clients), Logistical information (new location, website, etc), Contact person in HR for more information. Demonstrating your companys spirit and introducing them to their immediate colleagues is absolutely key. Consider the company overview to be an introduction to your firm. Organizations prosper by bringing together people with diverse life cultures and perspectives in a shared environment where everyone has fair chances. Updated logistical information, such as a new website, location, or logo. We'll have this schedule finalized when you arrive on Tuesday. Ive outlined below the major reporting changes. You'll also have the opportunity to continue with your new employee orientation plan and your initial work for the department. Should you have any questions, Im here to help! Word of mouth travels fast, and it will be more than likely that the press gets ahold of your company news within a matter of days or hours. At WorkTango, these values guide everything we do: Champion our passion. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. UK:+44 203 936 2220 Let me assure you we have no plans to lay off any employees or offer any early retirement incentives. Download the template (compatible with Google Docs and Word Online), or read the text versions below. We are in the process of making a number of changes in our worldwide manufacturing operations that will require us to establish an after-tax profit reserve of about $555,000,000. This site is protected by reCAPTCHA and the Google The following are some examples of key values your organization might believe in. A Company Merger and/or Acquisition Announcement Template, 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. Will it allow your organization to expand into a new market? Ongoing Communications: The purpose of this is to communicate the success of the merger or acquisition and also to align your employees with any new strategies or objectives. At present, each company will continue to operate under its own name, experiencing only minor changes. Your new hire will want to know if your firm is a single proprietorship, an LLC, a partnership, or a corporation. Springing a huge change on them quickly will increase the likelihood that they will leave your organization, which will desperately need the stability and knowledge of tenured employees during the transition. About our M & a integration consulting services functional cookie settings ] for information... Continue with your new hire letter is perfect for fast-paced companies that want to showcase their environment motto... It allow your organization who will need to issue appointment letters to them, clients, and the general.... 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