This merger provides an edge on the competition. Beyond The Boardroom – M&A Integration and Marketing Plans. The goal in a merger is to keep those percentages from rising beyond the norm, especially in the period right after the merger closes, when a spike in client or Other examples are the successor firm’s reputation in the community, results of prior mergers or acquisitions, and the successor firm’s own track record of retaining clients and staff. Distinction from acquisition agreements, which are generally more one-sided as a result of one entity acquiring the other. As you know, we at CyberBest Inc are always devoted to bringing the best service that we possibly can to our customers. This combination creates an organization even better able to serve customers and compete in the global marketplace. Letter of Announcement of Acquisition: This Letter should be written in The Letter-Pad of the Company. Further information about the enquiry letter is available in Mergers: Guidance on the CMA’s jurisdiction and procedure, paragraphs 6.15 to 6.18. Dec 21st 2012. It also provides resources for … Michael would interview clients to find ways to reduce taxes; they would both review the return. Focus on things that will not change such as staff, fees and client services, promote new or specialized services that will be offered. On average, about 15% of staff and 5% of clients leave a firm each year. Dear Mr. Mike Ross, We have written to you for bringing to your notice and announcing that our firm, with the name of “Pearson Hardman Clothing Firm,” located at 126/Boogie Street, New York, is being transferred to the new owner Ms. Jessica Pearson. We don’t know what we would do without you. A password will be sent to your email address. If your employees hear the news from a source other than you, they will wonder why you didn’t tell them first, increasing their paranoia. Wednesday, June 11, 1998] [NAME, COMPANY AND ADDRESS, ex. A letter of intent (LOI) is basically an M&A form of a marriage proposal from Buyer. client turnover after a merger. Mergers and acquisitions are booming in the CPA profession because they are a popular way for firm leaders of the Baby Boom generation to move into retirement while providing a stable future for their clients and employees. Announce the acquisition right away. Our new name is Company AB and our company's website is now CompanyAB.com. Moreover, the letter should include details about changes in the rules and regulations of the company. Prof. Ian Giddy, New York University. 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. Dear Customers, As you know, we at CyberBest Inc are always devoted to bringing the best service that we possibly can to our customers. In interviews with potential successor firms, ask about the firm’s interest in the client base. Letters to clients are business letters, and therefore, they should be formal and professional. A Letter of Intent or Memo of Understanding has been signed. Communicating a change of name, brand, email address, and the like has to be one of the most important items on the “to-do” list during a company transition. Postal Code : XXXXXXX Phone Number : 0000 - 123456789 E-mail ID : sendersname@companywebsite.com Date : Reference : TO : Addressee's Name, Designation, The Company's Name, Subject: Change of Ownership Announcement Letter. Ladies and Gentlemen: This letter agreement sets forth our agreement and understanding as to the essential terms of the sale to _____ (the "Purchaser") by _____ (the "Seller") of the Seller's business (the "Business"), located in _____ and engaged in _____. 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