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. Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. 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. 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. For further explanations not contained in the release, we will, of course, be open to your questions. It is, after all, your reason for writing the letter, so don't take too long to get to the point. We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. As a CEO or manager, your letter should offer a warm welcome to the company and offer a few high-level details: Note: This isnt the place to discuss dress code, benefits, or first steps lethuman resourcesand theirhiring managerhandle these. Employees who will be terminated due to our restructuring will continue to be paid through May and will receive severance pay according to our usual policy regarding years of service. MEMO. Would like your valueable input on the same. Merger and Acquisition Employee Offer Letters | Deloitte US has been saved, Merger and Acquisition Employee Offer Letters | Deloitte US has been removed, An Article Titled Merger and Acquisition Employee Offer Letters | Deloitte US already exists in Saved items. 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.. I've been with this company for seven years . And that is just one issue to worry about! 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). However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. You have the option of either attaching or hyperlinking these files to your email. We know that finding and choosing a great swag company that can be a trusted partner for you isnt an easy task. (And dont fear the blank page weve got a great example andwelcome lettertemplatefor you below.). Elements of a successful letter for welcoming new employees. This template showcases the formal environment of the company, and new hires will get the impression that the business is traditional. 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. 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. 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. Authors Tip: The subject line should inform workers about the aim of the email while also being engaging. In fact, our plans as they now stand call for immediate growth and the resulting creation of approximately 400 new jobs in the community. The letters you send to clients announcing a merger or acquisition should reassure in order to retain. Set general expectations for success. Read: You were selected for employment due to the attributes that you displayed that match the qualities I look for in a great employee. During these sessions we discuss topics that are top of mind for them as they support their companies. Company Name or Letterhead Address City, State Zip. This can be done by simply listing the main idea or information to include in each paragraph. Addressee Address City, State Zip. Social login not available on Microsoft Edge browser at this time. As I've said in meetings before, this kind of thing doesn't just happen. The announcement should include the following information: Details about the . Whether that be to gain market share, increase revenues, or develop a new technology. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. This site is protected by reCAPTCHA and the Google It could damage business relationships with clients, vendors, stockholders, and investors if it looks like you intentionally didnt notify them. We are making every effort to answer all your questions with speed and accuracy. Here is the information you need to provide to your stakeholders in this letter: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'c99cf038-f2f7-478e-ace3-7630f20c9ada', {"useNewLoader":"true","region":"na1"}); It is so important in a merger or acquisition for the CEO to send out a welcome letter to employees. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . These are just a simple way to say welcome and thank you for choosing us. You will report to the division directors, who will report to the same regional directors. 0 Comments. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. Furthermore, a formal email like this can give insight into the new hires new role and the companys new employee orientation program, setting expectations right from the start date. DTTL (also referred to as "Deloitte Global") does not provide services to clients. Communicate the company's core values. Nothing promotes your brand more than a well placed promotional item. On a general note, instead of using a lot of I and We, try You.. 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. If you have questions, please feel free to email or call me. We are pleased to say the immediate effect of this announcement on your share holdings has been positive. PRITCHETT, LP As you know, our philosophy is to move fast and break things, and your contributions will be vital. Nothing makes a new hire feel more welcome than some good swag items. Gottschalk outlines the ideal time to tell your . The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. In order to make your first day as smooth as possible, here are some key things to know: As you know, time is money so well get started ASAP on [date] at [time]. Developing and delivering offer letters during a deal is a detailed and time-consuming process for HR teams, but there are things teams can do before a deal to prepare, for the offer letter process. Welcome, visitor! Announce the merger. I trust that this letter finds you mutually excited about your new employment with (Name of Company). Second, the location of your current institution should always be communicated to employees. Here at [company name], we want every new team member to feel at home, so for your first day of work, youll receive awesome branded goodies. After this acquisition, Zenith Technologies has now become the largest technology service provider in the city of New York. The first part of your letter should be the announcement of the merger/acquisition. This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. Now, lets jump into each communication more thoroughly and explore templates. Lets move on to our 10 new employee welcome letter templates. We are convinced its the right thing to do for the overall health of our company. [DATE, ex. Information on the specific business being merged or acquired (What do they do? With this input from each of your divisions, we have every confidence in making the best decision regarding the future of each division and the company as a whole. 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. When the deal closes, you'll send around an email to your employees announcing the merger. Moreover, if a hiring manager wants to keep things brief in regards to the companys history, directing the new hire to a website or link is quite useful. There is usually a brief period of silence after an acquisition. Start your letter by welcoming the employee to the company and team. I am confident that we have many more accomplishments to celebrate ahead of us. Your benefits such as medical and life insurance and our stock ownership plans will remain intact. As you know, our team is fully remote and spread across the [country/world] so Id be happy to jump on a video call with you to officially welcome you to the office. Were happy to have you here at [company name]. 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. It is important to spend time reviewing all of these considerations before announcing because of the importance of your transaction being successful in the long term. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. This will make new hires feel that they connect with you and trust you. Updated logistical information, such as a new website, location, or logo. 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'll have this schedule finalized when you arrive on Tuesday. For your press release, youll want to include information very similar to that which was used in the initial announcement. We're expecting you for new employee orientation on (Date), Tuesday at 9 a.m. You will meet with me to discuss your successful integration into our company and with Human Resources staff to learn about employment-related issues. Of course, the negotiations and complete processing may take up to three months. If you, or someone on your team, is focused on HR M&A/R work and are interested in joining our monthly calls, please reach out to the Human Capital DealMakers Mailbox. Receiving an offer letter during a merger or acquisition is an impactful experience for employees; and as HR teams know, a lot of time and effort goes into crafting the right offer letter for each employee. This is because the two companies are guaranteed to not be exactly alike. Lets hit the ground running! Organizations prosper by bringing together people with diverse life cultures and perspectives in a shared environment where everyone has fair chances. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. Im so excited to have you join the team. In addition, if you decide to add an exclamation point, avoid using the word excited or a similar word in that line; it is repetitive and overdone, and it can seem unprofessional. You'll also share an office with her so the training can be ongoing. Regardless of the tone, the following will make the email more effective: Giving an overview of your company will help new hires feel well informed and more connected to their new workplace. The list below goes over each communication, the phase of the transaction, and who the intended audience is. Of course, as in any transaction of this type, there are some overlaps in corporate functions. 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. You'll also have the opportunity to continue with your new employee orientation plan and your initial work for the department. We have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson International. Dissect who owns your company and how each person is associated with it. All Ingram Micro Global Associates: Dear All Concerned, We are in the process of acquiring a company. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. Theres a lot to learn in these first weeks, but I wanted to take a minute to start with the heart of the matter our company core values. A huge reason for this is a lack of communication and alignment between all involved parties. Again, congratulations on thenew job. Date. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. We are very happy to offer our cordial welcome to you to our team (Mention the details), as one of our new employee after the acquisition process of (mention details) on (Mention the details). I trust that this letter finds you mutually excited about your new employment with (Name of Company). Plus, well make sure to send you a work-at-home kit to make you more productive than ever. What process will employees follow to accept / decline their offer. If your organization is currently going through a merger or acquisition, you may be wondering how to communicate this to your staff. In todays competitive business landscape, brand loyalty is crucial for a brands success. Is it because the companys technologies are complimentary? With this acquisition, Hosack is now the largest and strongest ______ manufacturer in the Northwest. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. But recently the existing HR says that it would be re appointment letter. He'll help you get to know the company and your new department. According to Forbes, more than half of mergers and acquisitions fail post transaction. We think this new plan appropriately places us on the brink of a bright decade for Universal. 4. Closing Letters to All Impacted Stakeholders: This should happen after signing the deal and will be sent out to customers, vendors, partners, suppliers, etc. Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. The most effective subject lines convey the promise of value. Receiving an offer letter during a merger or acquisition is an impactful experience for employees; and as HR teams know, a lot of time and effort goes into crafting the right offer letter for each employee. When should I tell my entire workforce? At the few sites where our studies are still incomplete, we will continue to listen to our own staff and work closely with them, keeping you informed every step of the way. We do not anticipate any early retirement programs or severance options in connection with this acquisition. Third, a first-week agenda should be included in your welcome communication to new hires, including a schedule of employee orientation sessions and team projects that gives new workers a sense of direction and prepares them for their first week on the job. I anticipate that your second day will involve more co-worker meetings to understand the department. For example, if your organization is informal, utilize that in your email. Make sure that you provide them with contact information for a human resources representative that can answer these questions. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please be patient with us in getting the right answer to you. 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. We know we'll be turning to you when we need your unique talents the ones we hired you for.". Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. If you need a hand, have an unanswered question, please fill out our contact form and our friendly sales staff will get back to you ASAP! They will come to you with any problems and be calmer once they arrive. US:+1 214 239 9605 What do they sell? "Welcome to our unique, collaborative, dynamic and energetic team! 1. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). 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. All Rights Reserved. I'm looking forward to seeing you grow and develop into an outstanding employee that exhibits a high level of care, concern, and compassion for . Please enable JavaScript to view the site. 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