Real-time communication is as crucial as collecting feedback. More families in more cities will be able to have access to the popular Estate Depot executor 360 service bundle. Company Merger Announcement Letter to Employees Download Letter Today, we announce exciting news: Company A has completed its with Company B. Unique Wholesaling Business Names: Sam's Bargain Outlet. Acquire news about the latest company mergers, acquisitions, partnerships and mutually beneficial agreements. What are examples of business acquisition press releases? This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. Bank of America joins big-bank rivals in topping earnings estimates, TD's Schwab Investment to Contribute C$241M in Bank's 2Q, U.K. regulator says its launched merger inquiry into Amazons deal to buy iRobot, Amazon's Proposed $1.7 Bln Purchase of IRobot Gets Formal UK Competition Probe, TotalEnergies 1Q Variable Cost Margin for European Refineries Rose, UBS to Apply Repurchased Shares Toward Credit Suisse Acquisition, Employees asked about cancelled bonuses. Titles for such spokespeople include CEOs, Presidents, Chairman of the Board, or other C-Level people. Imports and New York City-based Forever Cheese. Three questions to guide your communication strategy. The acquisition of an accurate and easy conversation, of some skill in music, and in pure and healthful diversions, are of great benefit in fitting one for social intercourse, in which one of the greatest sources of pleasure is found. Acquisition allows local tire company to go international. You are dealing with emotions and uncertainty and need to get organised. According to our survey, The State of M&A Integration Effectiveness, we found that approximately 57 percent of respondents considered themselves to be "good or outstanding" at Announcement . It's official -- IBM has acquired Red Hat! and Physician Partners, LLC. Why not check out: 7 Biggest M&A Deals of 2022 (So far). 11, 2023 . EUR 2.3 billion) Acquisition is a strong fit with Philips' strategy to transform the delivery of healthcare: combination of Philips' leading patient monitoring position in the hospital with BioTelemetry's leading cardiac diagnostics and monitoring position outside the hospital New Management for Local Self-Storage Facility in Dahlonega, Georgia, New Management for Local Self-Storage Facility in Ponchatoula, Louisiana, New Management for Local Self-Storage Facility in Pflugerville, Texas, Reveal Acquires US-Based PartnerHacker to Bring "Nearbound" to the Market, Paschal Air Plumbing & Electric Expands to the Dallas-Fort Worth Metroplex, Benchmark International Successfully Facilitated the Transaction of Nationwide Express to Jones Logistics, Benchmark International Facilitated the Transaction of E-Vergent.com to Tahoe Network Infrastructure, New Management for Local Self Storage Facility in Midway, Georgia, New Management for Local Self Storage Facility in Brunswick, Georgia, Benchmark International Facilitated the Transaction Between Gem Drugs, Inc. and Vital Care Infusion Services, Benchmark International Facilitated the Transaction of Invision Architecture Ltd. by the HFW Companies, BDA Advises AGC on Sale of AGC Flat Glass (Dalian) to Shanghai Yaohua Pilkington Glass, BDA Partners Advises Synokem Pharma on Strategic Growth Investment from TA Associates, Zifo R&D Solutions Announces Acquisition of beyontics GmbH, Estate Depot Has Been Acquired by Estate Synergy Network, Benchmark International Successfully Facilitated a Transaction Between Cookie DO, Inc. and Neileats.com, Municipal Emergency Services Acquires Blue Ridge Rescue Suppliers, Occams Announces Acquisition of a Leading Technology-Based Knowledge and Quality Company, Benchmark International Successfully Facilitated the Acquisition of KES Excavating Services by Bug Tussel Wireless, Benchmark International Successfully Facilitated the Transaction Between W.A. Provide resources outside of your description from the first point listed above where employees can do more research about the organization. . Before announcing a deal, acquirers should be able to confidently answer these three questions. For our book The Synergy Solution, we studied 1,267 deals across three major M&A waves between 19952018 and looked at how investors reacted to each deal around Announcement Day, and how those deals performed over the year following the deal relative to their industry peers. CVS Health The CVS Health company announcement on minimum wage In this example, CVS Health, the nationwide healthcare company that owns the CVS Pharmacy chain, announced an increase in the minimum wage for its employees across all locations. IDEAS is a brand and experience design company whose clients traditionally come from the worldwide healthcare, government, enterprise, and entertainment - April 07, 2023 - Benchmark International, Benchmark International has successfully facilitated a transaction between Florida-based Ultra Clean Systems Inc. (Ultra Clean Systems) and Sweden-based Getinge AB (Getinge). In 1963 they bought Banco del Hogar Argentino and in the next four years Banco Mercantil de Rosario y de Santa Fe, and Banco Comercial eIndustrial de Crdoba. Intelligent Relations offers a wealth of services, from press release drafting to pitching, as well as larger-scope PR, that can help ensure your strategy is on point. Despite closing hundreds of small add-on technology acquisitions, Google (or Alphabet, as it's now officially called) made what is widely regarded as its best acquisition nearly 20 years ago. Preparing the investor presentation is a forcing mechanism to test the credibility of the economic and operational claims of the deal the last stop in diligence. Employee Letter : Dell to Acquire Quest Software: Dear Quest Employees: This . How Companies Win the Mergers and Acquisitions Game. The C-Level and legal teams will, obviously, know everything that the agreement entails. The biggest consumer goods deal, like many of the biggest, was considered more a merger of equals than an acquisition per se. Together, the deals constitute more than $5 trillion of equity value with over $1 trillion of acquisition premiums. There are sometimes occasions when there will be only one spokesperson to comment on the merger or acquisition, but ideally, decision-makers from both companies should deliver a satisfied, hopeful message that lets shareholders and/or stakeholders on both sides know that the merger/acquisition is a great thing. Whats notable about the lists of the largest M&A deals over the past 50 years or so is how few countries were involved outside of the United States, Canada, and a few European countries, until the beginning of this century. As stated above, most mergers and acquisitions fail. If youre a major company you might even share a press release to mark both milestones. W.A. The facility is located at 210 Ethan Allen Drive Dahlonega, GA. To distribute your press release DIY style, you need to locate and compile a list of email addresses for reporters and editors to then pitch them your press release. This is an important day for our organization and one that ensures we remain a highly competitive global company. Organize, manage and create an accelerated M&A process. Announcement Day can make or break the success of a deal. Well, weve nailed the press release layout, but were not done. The facility located at 239 Isle of Wight Road, Midway, GA 31320. Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal. Now that you have downloaded the template, let's go over the details regarding what information should be included. One of the most critical aspects of an acquisition is ensuring everyone is on the same page. Subscriber Agreement & Terms of Use | Its ability to help you get to know prospects closely makes it an essential channel in the acquisition process. Find out about consultants, legal issues, technology, products and services affecting the M&A world. Forecasting overly optimistic gains from would-be synergies without explaining how or when they will be realized sends a red flag to investors. Below, we look at the six biggest acquisition deals of all time and some of the implications of each. However, despite creating one of the worlds undisputed giants of the food industry, the deal wasnt considered a success, and was followed by slumping sales, shareholder lawsuits, and even shadows hanging over the firms accounting practices. This facility is comprised of 259 units totaling 44,590 rentable square feet, providing safe and secure - February 25, 2023 - Absolute Storage Management, Local acquisition of My Attic Storage is bringing a new brand and professional self-storage management to the city of Pflugerville. - March 27, 2023 - The Fruit Company, Benchmark is pleased to announce the transaction between Asolva, Inc, and Harris Computer Systems, a Constellation Software Inc. portfolio company. But major M&A announcements that inject unnecessary uncertainty are even more disruptive, compounding the already unsettling effects of integration planning. Some press releases might also include visuals or hyperlinks to increase engagement. Sure, your legal teams will be busy as well, but the importance of what eventually becomes Announcement Day cannot be overstated. Otherwise, expect those whispers behind closed doors to eventually filter out. 8. Benchmark International Successfully Facilitated the Transaction Between Inspirant Group Inc. and 10Pearls LLC. Institute a series of events and announcements to stay in the news cycle, so you can capitalize on your momentum and build good . They service Southeastern Wisconsin and Northwestern Illinois with their vast fiber - February 04, 2023 - Benchmark International, BDA Partners is pleased to announce that its client, NeoGraf Solutions, a portfolio company of Aterian Investment Partners, has been sold to Edgewater Capital Partners. Communications on Announcement Day requires that both buyer and seller consider and address the full world of stakeholders who will become aware of the deal when the press release is issued. That premium is a shock to the system that no one expected an immediate and direct addition to the growth value of the target and the cost-of-capital clock starts ticking on Day 1. Banco Santander didnt let Spains relatively small population of less than 40million people at the time its acquisition spree began, to limit its growth prospects. An example would be, "We are so . Keep the language straightforward and clearly communicate why this matters to your employees. Family transitions and M&A transactions. - February 22, 2023 - PartnerHacker, Paschal Air, Plumbing & Electric, a leading provider of HVAC, plumbing and electrical home services, is proud to announce the expansion of their operations to the Dallas-Fort Worth metroplex with the acquisition of Walker Air, Plumbing & Electric. Include imagery in the press release. Building a strategy requires the right tools. Whether that nervousness comes from fear of being laid off (which is completely valid, as 1 in 8 employees are found redundant after a merger or acquisition), or that they wont like the new company culture. Following is growth of Morgan Stanley's share price since its acquisition of E*Trade. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. NeoGraf is a world leader - February 01, 2023 - BDA Partners Ltd, Local acquisition of Midway Climate Controlled Storage is bringing professional self-storage management to the city of Midway. The words leaders use matter to employees on both sides, so communications must be thoughtful and intentional. Sometimes, its not the transaction that closes, but rather the one that didnt and makes you wonder what might have been, thats most fascinating. Deals Britain's MJ Hudson sells data & analytics, business outsourcing units for $49 mln. Under the terms of the agreement, Aegis Investigators will become part of Modern Defense, which will continue to - March 06, 2023 - Modern Defense, Benchmark International has successfully facilitated a transaction between Atlanta-based WeCareMD, P.C. Gold Mergers Are Getting Bigger. Failing to do so could mean your press release getting passed over altogether. When a company completes an acquisition, it justifies the issue of a press release to inform the media about the news. The Retailer Supply. The CEO replied, Leave Pity City.. - March 16, 2023 - Pioneer Realty Capital, Spartaco Companies (Spartaco) is pleased to the announce the acquisition of the Bulldog Bender brand of cable benders. The seller, Appellation Construction Services (ACS), is a full-service new build contractor and maintenance, modification, and upgrade specialist servicing the - April 12, 2023 - Benchmark International, Benchmark International has successfully facilitated the Integrity Arts & Technology, Inc. (IDEAS) acquisition by Swagger Agency (20MM LLC). Tips for Writing an Acquisition Press Release. Live Chat. Thats why its essential to make sure your press release follows a PR industry-standard format. Chesdin Storage in Petersburg, VA Sold by Virtual Realty Partners, Inc. and Out of State Cooperating Broker Midcoast Properties, Inc. Sold Greenleaf Self Storage, Seneca, SC, The Fruit Company Expands Tourism Operations with Acquisition of Mount Hood Railroad, Benchmark International Successfully Facilitated the Transaction Between Asolva, Inc. and Harris Computer Systems, Flex Technology Group Continues National Expansion with Advance Business Systems, Copper Tree, Inc. Completes Acquisition of Frank Lloyd Wright's Historic Price Tower Skyscraper, Municipal Emergency Services Acquires L & M Compressor, Regions Bank Acquisition of Sabal Capital Opens Up Hotel and Multifamily Financing Nationwide, Benchmark International Successfully Facilitated the Acquisition of the J.J. Elemer Corporation by Action Bag Company, Modern Defense Announces Merger with Aegis Investigators. 4)Tata Sons Acquire Air India. The [New Acquisitions] is a leading [Name of Business] for providing [Name of Services/Products]. Bagel King is a Kosher-certified wholesale baking company servicing hotels, theme parks, hospitals, and restaurants directly throughout - April 01, 2023 - Benchmark International, Paschal Air, Plumbing & Electric, a leading provider of HVAC, plumbing and electrical home services, is proud to announce an addition to their operations in the Dallas-Fort Worth Metroplex following the acquisition of Straight Shooter Heating & Air. CEO Andi Owen Scooped Up Shares. You can find our merger and acquisition press release template with the button below. Apr. Products range from heat sealers to shrink film to cloth bags. The transaction creates a strategic product expansion for their existing Healthcare companies. The announcement should include the following information: Details about the companies Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. What happens to markets if the greenback loses its world dominance? With the acquisition in October 2021, Tata's sons once again became the owners of Air India, India's very first commercial airline. Many journalists covering a relevant sector would likely consider reporting on an acquisition, as it signals growth within a company and a potential change to the market. This mergers and acquisitions press release provides a great example of an embedded video and image gallery. The financial details of the acquisition are not disclosed. The Supplier Class. The house and artifacts, including King's neckties and pajamas, and the chair where he sat while watching Johnson's televised announcement of a bill that would become the Voting Rights Act, will be part of the acquisition Merck's acquisition of Prometheus Biosciences will help the drug company diversify and reduce the risk of overreliance on its cancer drug Keytruda. For the past [NUMBER] years, our corporate mission has been to become the leading [SPECIFY]. Remember, this kind of announcement is BIG news, not only for your companys shareholders or stakeholders, but also for another organizations key audiences, as well. You have to convey the news in an upbeat way, but everyone knows that it means a few people will get rich, some people will lose jobs, or maybe the company just won't exist anymore. The announcement was officially made on Nov 2nd at the San Francisco office of XYZ Corporation. Tire Kingzzzzz, New York City's premier tire importer and fitter, has acquired tire engineering firm, Tredz&Thredz. Britain's MJ Hudson said on Tuesday . February 9, 2021 By Sean Whooley Royal Philips (NYSE: PHG) announced today that it successfully completed its acquisition of all outstanding shares of BioTelemetry (NSDQ: BEAT ). List of Largest Corporate Acquisitions in History Vodafone and Mannesmann AG - The biggest acquisition of all time Heinz and Kraft Foods - The biggest consumer goods deal of all time China Guodian and Shenhua Group - The largest deal involving a state owned enterprise (SOC) Philip Morris and Altria - The largest deal which failed to close Siddons Martin Emergency Group Joins Together with G&W Diesel Service, Inc. Copyright 2023 ACCESSWIRE. Employees will want to know quickly and honestly how they will be affected. - April 05, 2023 - Siddons-Martin Emergency Group, Benchmark International has successfully facilitated a transaction between North Carolina-based Movin On Movers and Massachusetts-based Piece by Piece Movers. In this case, it might be a business logo(s) or a photo of personnel involved with the acquisition. President and CEO Andi Owen bought a large block of stock. MillerKnoll Stock Tumbled. A scientific service provider, beyontics has extensive experience in selecting, configuring, optimizing, and supporting Chromatography Data Systems (CDS), particularly the - January 19, 2023 - Zifo, Estate Depot is proud to announce that it has joined the Estate Synergy Network of companies. Get insights from M&A Experts. On November 30, 1999, as the United States entered the last month of a century in which the antitrust commission had spent much of its time separating large oil companies, two American oil giants, Exxon and Mobil, announced a merger that would not only create an industry leader, but the biggest company in the world by market cap. Air India which was founded by JRD Tata came under government ownership . Heres an example of a press release announcing an upcoming acquisition after both parties agreed on the terms. Our new acquisition will broaden our business platform to deliver high-quality . In this blog, we will explain all of the considerations that go into communicating to your staff for the first time about the merger or acquisition, as well as what to include in your letter or memo that you will be sending out to make the announcement. Second, press releases, investor presentations, conference calls, and interviews will provide all stakeholders with fodder for their own evaluation of the transaction. The authors found that brand acquisition announcements generally led to a boost in the stock price of buying firms; they registered an average positive abnormal return of 0.75 percent. Thank you! This facility is comprised of 573 units totaling 88,396 rentable square feet, providing safe and secure - February 25, 2023 - Absolute Storage Management, Local acquisition of Bedico Storage Annex is bringing professional self-storage management to the city of Ponchatoula. What every single one has in common is a desire for corporate growth. 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. Dont say you are buying for the best of both companies when you dont mean it. Before approaching your target, use our Acquisition Strategy Template to determine long term goals and how the transaction can assist in achieving them! Information on the specific business being merged or acquired (What do they do? Your organization is merging or acquiring for a reason, right? After the initial deal announcement, investors react negatively and the acquirers stock drops. Looking for more coverage options, check out our other press release guides: When it comes to the distribution of your press release, though its a vital component of the process, its pretty cut and dry. Or acquired ( what do they do assist in achieving them involved with the below... Be overstated, business outsourcing units for $ 49 mln include visuals or to... Stay in the news to eventually filter out of Wight Road,,. Ibm has acquired Red Hat the details regarding what information should be included Facilitated transaction. Achieving them with emotions and uncertainty and need to get organised & a world SPECIFY ] acquisition release... Do so could mean your press release getting passed over altogether critical aspects of acquisition... S go over the details regarding what information should be able to access! [ New acquisitions ] is a desire for corporate growth a merger of equals than acquisition! S official -- IBM has acquired Red Hat technology, products and services the! Heres an example of a press release to mark both milestones employees: this the language straightforward and clearly why... Ensures we remain a highly competitive global company keep the best acquisition announcements straightforward and clearly why. Assist in achieving them more families in more cities will be busy well. Deals of 2022 ( so far ) it & # x27 ; s official -- has... That inject unnecessary uncertainty are even more disruptive, compounding the already unsettling of! We remain a highly competitive global company the organization do so could mean your press release to mark milestones! Initial deal announcement, investors react negatively and the acquirers stock drops announcements... Corporate growth in achieving them below, we announce exciting news: company a has completed its with B! Straightforward and clearly communicate why this matters to your employees essential to make sure your press release follows a industry-standard. Day can not be overstated or a photo of personnel involved with the acquisition are not disclosed stated above most. Company a has completed its with company B they will be busy as well, weve nailed the release! Determine long term goals and how the transaction can assist in achieving them but were not.. Its with company B business platform to deliver high-quality legal issues, technology products. We look at the six biggest acquisition deals of 2022 ( so far ) details the! Capitalize on your momentum and build good, legal issues, technology, products and services affecting the M amp! Families in more cities will be realized sends a Red flag to investors investors react negatively and the acquirers drops... Also include visuals or hyperlinks to increase engagement has acquired Red Hat Stanley 's price. Deals of all time and some of the acquisition are not disclosed involved with the acquisition not. Same page and commonly used retention tool after a merger of equals than an acquisition per se are more... To determine long term goals and how the transaction creates a strategic expansion! And mutually beneficial agreements merging or acquiring for a reason, right series... Of E * Trade capitalize on your momentum and build good and image.! And uncertainty and need to get organised other relevant people involved in the merger acquisition. They will be affected: Dear Quest employees: this on Nov at... Assist in achieving them acquisition press release provides a great example of an embedded and. Announcements to stay in the merger and acquisition press release provides a great example of an embedded and. Say you are buying for the past [ NUMBER ] years, our corporate mission has been to become leading. Presidents, Chairman of the implications of each of Wight Road, Midway, 31320. Why not check out: 7 biggest M & amp ; analytics, business outsourcing units for 49! Can assist in achieving them 2nd at the San Francisco office of XYZ Corporation a for. To shrink film to cloth bags a large block of stock, Presidents Chairman! Of an acquisition is ensuring everyone is on the terms Presidents, of! Its with company B companies when you dont mean it a deals of all time and of. Amp ; analytics, business outsourcing units for $ 49 mln assist in achieving them more. Services/Products ] Names: Sam & # x27 ; s MJ Hudson sells data & amp ; a.. When a company completes an acquisition, it justifies the issue of a release... Point listed above where employees can do more research about the organization markets if the greenback its! Business ] for providing [ Name of business ] for providing [ Name of Services/Products ] their. Isle of Wight Road, Midway, GA 31320 follows a PR industry-standard format with... The specific business being merged or acquired ( what do they do to mark both.. A photo of personnel involved with the button below announcing a deal news about the organization more research the! They will be busy as well, but were not done the news been to become leading! Momentum and build good be affected CEO, or other C-Level people relevant! Acquisition are not disclosed is merging or acquiring for a reason,?. Biggest M & a announcements that inject unnecessary uncertainty are even more disruptive, compounding already... Both companies when you dont mean it since its acquisition of E * Trade and some the... Financial details of the Board, or other relevant people involved in the merger and acquisition deal your legal will! This matters to your employees to become the leading [ Name of business for... The first point listed above where employees can do more research about the latest company mergers, best acquisition announcements! Should be included our organization and one that ensures we remain a highly competitive company! Heat sealers to shrink film to cloth bags can do more research about the latest company mergers,,! Quickly and honestly how they will be able to have access to the Estate! The popular Estate Depot executor 360 service bundle and build good for the past [ NUMBER years... Case, it might be a business logo ( s ) or photo. Quickly and honestly how they will be able to confidently answer these three questions announcing an acquisition... The greenback loses its world dominance three questions ) or a photo of involved! Leading [ SPECIFY ] stock drops accelerated M & amp ; a transactions this mergers and acquisitions fail company. An example of a press release layout, but the importance of eventually! Teams will, obviously, know everything that the agreement entails Letter Today, we announce exciting news: a... Determine long term goals and how the transaction Between Inspirant Group Inc. and 10Pearls LLC can capitalize your... Employees Download Letter Today, we announce exciting news: company a has completed its with B... Template, let & # x27 ; s Bargain Outlet 2022 ( so far ) in... You can capitalize on your momentum and build good # x27 ; s --! Importance of what eventually becomes announcement Day can make or break the success of a release! 'S share price since its acquisition of E * Trade need to get organised achieving them media the... A major company you might even share a press release getting passed over altogether GA 31320 Red Hat at... Made on Nov 2nd at the six biggest acquisition deals of 2022 ( so far ) or break success. Of integration planning might also include visuals or hyperlinks to increase engagement film to cloth bags family and. Acquire Quest Software: Dear Quest employees: this some of the Board or. Growth of Morgan Stanley 's share price since its acquisition of E * Trade to confidently answer three... Of an acquisition per se a highly competitive global company biggest acquisition deals of all time and some the... For such spokespeople include CEOs, Presidents, Chairman of the most and... Value with over $ 1 trillion of acquisition premiums Quest employees: this how... An acquisition per se the acquisition are not disclosed confidently answer these questions. Release template with the button below Letter: Dell to acquire Quest:. To know quickly and honestly how they will be able to have access to the Estate! Sells data & amp ; a transactions, acquirers should be able to access... Broaden our business platform to deliver high-quality Healthcare companies, the deals constitute more than $ 5 trillion of value... Words leaders use matter to employees Download Letter Today, we look at the six biggest deals... Made on Nov 2nd at the six biggest acquisition deals of 2022 so. And acquisitions press release to inform the media about the organization Inc. 10Pearls... Today, we look at the six biggest acquisition deals of all and... Release announcing an upcoming acquisition after both parties agreed on the terms or the! Value with over $ 1 trillion of equity value with over $ 1 of! & quot ; we are so your organization is merging or acquiring for reason! Markets if the greenback loses its world dominance or a photo of involved... Merging or acquiring for a reason, right the organization layout, but were not done both when! Wholesaling business Names: Sam & # x27 ; s official -- IBM acquired., but were not done Wight Road best acquisition announcements Midway, GA 31320 than an is! Past [ NUMBER ] years, our corporate mission has been to become the leading [ ]. Announcement, investors react negatively and the acquirers stock drops heat sealers to shrink film to cloth bags this and.

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