This acquisition, expected to close early in the third quarter of 2016, will provide our customers with more options for a broad, embedded product line offering MCU, Flash, PSoC and USB in addition to an … Postal Code : XXXXXXX ... [DESCRIBE REASONS WHY THIS WILL BENEFIT YOUR COMPANY AND YOUR CUSTOMERS, ex. An Open Letter to our Customers and Partners from Tim Mulron & Jon Terry Published December 11, 2017 By Jon Terry Today, we are excited to announce that LeanKit has been acquired by Planview , and we are joining the Planview portfolio of work and resource management (WRM) solutions. Professional-looking formatting . In the business world, such letters may be used to announce a new policy, change in management, financial summaries for investors, grand sale, or actions against a customer due to nonpayment. The letters you send to clients announcing a merger or acquisition should reassure in order to retain. ... and the owners will be able to make decisions that are in the best long-term interests of our brands and our consumers, customers … the business assets of ABC Corp.] based in [LOCATION OF BUSINESS ACQUIRED, […]Continue … To: name@email.com. Mergers and acquisitions are an exciting time for any organization. This is because the two companies are guaranteed to not be exactly alike. A part of this business letter should discuss how disputes are going to be handled by both parties and in what jurisdiction. A Change of Ownership Announcement Letter is a merely a formal announcement to all the faithful and devoted customers/employees that the owners of the company are going to waive the … The many rumors you have heard do have some basis in fact–we are pleased to announce … I have been learning about LinkedIn […] Send a personalized letter … Sample Letter of Business Closure When you have decided to close your business, you cannot just close it but you have to announce it to your customers and all other parties with whom you … At present, each company will continue to operate under its own name, experiencing only minor changes. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '864e2ad8-52d7-4970-ae42-bb36a9be967d', {}); They could see this new business relationship as a conflict of interest for their organization, and need to re-evaluate using your services. So, make sure that you understand what your specific situation needs, and then change the letter to make sense for your organization. This has the potential to save customers billions of dollars lost to fraud, reputational damage and costly disruptions to digital transformations. Existing customers will want to know why the companies are merging and what the outcome means to them, so address these key points early in the letter. When it comes to revealing that your business is on the block, these tips for communicating the deal to employees and valued customers will help smooth the transition. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. Tout the benefits of the new partnership to these parties. Today, we announce exciting news: Company A has completed its acquisition of Company B. So now that we know why it is important for you to communicate these changes to your client, you need to understand why your clients finds these specific changes important to them. A password will be sent to your email address. Well those are called your brand evangelists. Businesses have responsibilities. Not every merger or acquisition is the same, and the time frame for these deals aren’t always the same. Here are the sections your letter should include: The sections listed above are the basic things you should include in your letter to your clients. Dear customer name, We are writing to let you know we have sold our business because…. Register 2 months in advance and save $1,000. Announce the merger, acquisition, or restructuring up front. These themes offer excellent examples of just how to structure such a letter… Sample letter announcing the labor's imminent strike : Sample letter announcing your own retirement : Template letter announcing a change in the company's name : Letter announcing a price decrease due to lower taxes : Letter announcing the introduction of new organic lipsticks : Letter announcing the opening of a new business. Threadbird provides an excellent company announcement … But generally sending over a letter (via email) to notify your client of a merger or acquisition is perfectly acceptable. Ouch! The information to cover when announcing a merger or acquisition plus the guidelines to follow when writing the press release: Title: Acquiring Company to Acquire Acquired Company (possibly mention price) Subtitle: Other notable information. For example, if you work with one really high impact client that you need to keep happy to have more stable revenues, you should probably take the time to notify them in person. In particular, when the buyer does customer reference checks, it is likely to arouse suspicion. A Change of Ownership Announcement Letter is a merely a formal announcement to all the faithful and devoted customers/employees that the owners of the company are going to waive the ownership to some other person/body. These samples suggest what to say to clients of the predecessor and successor firms: Letter to … To: name@email.com. Without the revenue generated from their business, your entire organization could falter. These themes offer excellent examples of just how to structure such a letter… Simply fill-in-the-blanks & print . Using the old sender name gives customers a chance to associate both Storenvy Printing and Threadbird Printing as one and the same company prior to sending under the new Threadbird banner. Just like how Halo Top ice cream releases are newsworthy to me! Your merger announcement letter should solidify your company’s mission, explain anticipated changes and provide the customer with a point person to help navigate new policies and procedures if questions or concerns arise… This could potentially change how your client views your service. When composing an official or service letter, discussion style and format is vital to making a good impression. Heinz Issues Letter To Employees To Announce Acquisition. Infuse the letter with information specific to your company while following this basic outline: Dear Ms. How Do You Write an Announcement Letter (That’s Actually Effective)? Overview and Frequently Asked Questions (PDF) May 06, 2008 letter from Thomas Kurian, Senior Vice President Development, to Oracle customers announcing the completion of the acquisition; January 16, 2008 letter to customers from Charles Phillips, President, Oracle outlining the benefits of the combination 100% customizable MS Word document . 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. A business built on key relationships with a limited number of customers should reach out to clients directly to announce a business sale. Read on to learn about some key points for writing good announcement letters and to see a company announcement email template. From: name@email.com. A new customer welcome letter is a valuable part of acquiring new clients, especially if your business is one that focuses on personal relationships. I'm about to announce the sale of my business to my customers. The letter should be tailored to fit the circumstances of the business as well as the intended recipient. This article is going to teach you everything that you need to know in order to create a proper retirement letter to any clients that you may want to so say goodbye to. Open with a polite salutation and state the purpose of the letter right away in the first line. Sample Acquisition Letter. It is easy for leaders to fall into the trap of focusing on all of the new clients and business that they will obtain from the merger or acquisition, which can then lead to the attrition of clients if they aren’t catered to properly during the transaction. These key customers should hear about the business sale before the news reaches the general public. Contact [Contact details] Time – Headline – Dateline – Date & Place of News Origin [Company name] has acquired [name of business purchased] of [location] at a price of [price]. This combination creates an organization even better able to serve customers and … The letter also gives the owner a chance to thank customers and suppliers for their business and say good-by to any person or establishment that helped the business during its years of operation. This notice is to communicate to our customers and distributors how this acquisition might affect them. The value in the business is created through the support of customers … The letter also gives the owner a chance to thank customers and suppliers for their business and say good-by to any person or establishment that helped the business during its years of operation. Letter To Customers Announcing Acquisition Jump to navigation . To shareholders and investors, absolutely. Besides this reason, you also have an obligation to your clients to alert them to any changes in your service. 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. An Open Letter to our Customers and Partners from Tim Mulron & Jon Terry Published December 11, 2017 By Jon Terry Today, we are excited to announce that LeanKit has been acquired by … Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. Send a personalized letter or … The … What is an announcement letter? Acquiring company announced today… Amount (cash, stock) At present, each company will continue … Scott Safety provides a broad array of safety products including Self-Contained Breathing … You might not think that the merger or acquisition will change your service, but it might impact how your client see’s your service. This acquisition will help our organization to continue its growth __(in …type of industry/globally/etc.)__. I follow all of their social pages, and whenever they release a new flavor, I want to know about it so I can go buy it and test it out. Guidelines and Alternate Phrases. It is important to tell your clients far enough in advance so that they can prepare for how it will potentially impact their business, and you also want to make sure they they get the news before it breaks in the press.