We really look forward to working with you. 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. Monthly our Human Capital Mergers, Acquisitions, and Restructuring (M&A/R) team connects with HR professionals focused on M&A/R work (aka Human Capital DealMakers) across every industry. Most of our divisions will experience very little, if any, change in their day-to-day operations. On a personal note, I love working with all of you. Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. HR Updates: This should happen after the closing of the deal and should include information for employees in regards to changes to their benefits, compensation, etc. We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. I've been with this company for seven years . A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. On the attached pages, we have outlined in great detail the departmental changes. I am so proud of the company we have built together. We look forward to having you come on board. Please enable JavaScript to view the site. Lets hit the ground running! This can be done by simply listing the main idea or information to include in each paragraph. I anticipate that your second day will involve more co-worker meetings to understand the department. Over the course of today, you can learn more about the acquisition (merger) via Only PRITCHETTMerger Integration Certification Workshop Attendees, and Paid Website Subscribers can access this resource. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. Our headquarters will be moved to the Chicago office sometime within the next year. Contact information for representatives at your organization. Authors Tip: The subject line should inform workers about the aim of the email while also being engaging. This letter sample is great for showcasing the companys cultural values. Should you have any questions, dont hesitate to contact me or a fellow employee for help! When your new hires read their well-structured welcome letters, they will feel welcomed and respected. Today Universal and Harrington Uptown have reached an agreement to merge and restructure their organizations so both can devote time, resources, and expertise to what they know best in the _____ industry. The only visible change evident immediately will be. Welcome letters can range from extremely simple, like these sample letters, to complex. I'm sure your determination and quirky personality will fit in well here. You can even show them images of how your staff relax or take a break, some facilities you have, etc. Were delighted to have you on board at [business name]. You will also meet your new employee mentor, Paul Smith. Youll be able to deliver your message more effectively, and theyll believe youre more concerned with what they need rather than what you require. Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. Nothing makes a new hire feel more welcome than some good swag items. We look forward to increased profitability for all concerned. Show empathy and compassion. Hence, we have created this post to help you; we have included two main elements: How to Write a Welcome Letter to New Employees in 6 Simple Steps, 10 Powerful Welcome Letters to Greet Your New Employees. As we agreed, your first day on the new job is Tuesday, (DATE). Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. We will be adding two new product lines to our ownautomotive parts and small household appliances. 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. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Describe the other organization that you're joining forces with. A 6-step guide to writing a great welcome letter. I speak for the entire company when I say were excited to have you here. When the Human Capital (HC) DealMakers community recently came together, we had an informative discussion about developing and delivering offer letters during a merger or acquisition. Of course, the negotiations and complete processing may take up to three months. 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. Engaging the managers of the acquired company is also a key part of the process. 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. 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. 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. 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. What do they sell?). Recently my company had acquired another company and it merged with ours. 4. 1. This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. And that is just one issue to worry about! 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. 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. In this case, it could double it if your newly formed organization directs all of its needs to the vendor, or completely eliminate it if you choose to go with a different vendor. Start their journey off right. 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. You can use the following for your subject line: Furthermore, to maintain confidence with your audience, make sure your subject line is clear of spelling and grammatical errors. Offer letters and welcome packets can be key components of employee retention and engagement strategies. 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 . Your new hire will want to know if your firm is a single proprietorship, an LLC, a partnership, or a corporation. MEMO. 4. Bob Travolta. As you have questions about job openings, benefits, or insurance coverage, please direct them through the normal channels. 8150 North Central Expressway When you announce your company merger or acquisition, there are several things to consider. Dallas, Texas 75206 Who will manage employee questions, and how? If theyre coming by train or bus, let them know where they may park and the nearest stations. New Employee Welcome Letter (Text Version) Date. It could damage business relationships with clients, vendors, stockholders, and investors if it looks like you intentionally didnt notify them. Company Merger Letter Format to Employees. 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. 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. Champion our passion. 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. Theyre what makes us [Company Name]. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. 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. They should include boilerplate information related to confidentiality, contracts, and what else. 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. 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). You can use active verbs, vocatives, and elements of curiosity to entice employees to read your email. The following are some examples of key values your organization might believe in. The practice of welcoming a new employee to your organization should ideally begin after theyve approved the job offer but before their first day. In the interim period, we anticipate operating as we do currently; no changes in management have been discussed or approved. Also, make sure that your human resources team is prepared to handle all types of questions that could come up from the employees.