When your company undergoes an acquisition, it is big news that deserves the attention of the media and your target audience. An acquisition is a milestone in a company's growth process, and for that reason, it is important to write and distribute a press release. But how do you write an effective press release that stands out? In this blog, we explain why a press release is crucial during an acquisition and how to do it right.
Why a press release?A press release about a company acquisition ensures that the media, your customers, and other stakeholders are informed about this major change. It is an opportunity to tell your story before speculations and rumors start circulating. Additionally, it helps you set the tone and exude confidence during this exciting and potentially uncertain time.
A well-crafted press release about an acquisition can also help generate positive publicity, strengthen your company's reputation, and maintain important relationships with stakeholders, such as investors and partners. Furthermore, it provides an opportunity to present your vision for the acquisition and explain how this new phase will contribute to the growth and success of your business.
What should be included?A press release about an acquisition should be clear and factual, but also inspiring. It is important to convey the key information and core message concisely and effectively. Here are the essential components to include:
- Who: Name the companies involved in the acquisition, including any details about the leadership or new management structure.
- What: Describe the nature of the acquisition. What does the transaction entail? Is it a full or partial acquisition? What are the main changes?
- When: Indicate when the acquisition took place or when it will be officially completed.
- Where: Mention the location of the involved companies if it is relevant to the story.
- Why: Explain why the acquisition is taking place. What is the goal? What are the benefits for both parties?
Suppose you are a software company that has acquired a smaller, specialized IT company. Your press release might look like this:
Headline: Software Company X Acquires IT Specialist Y to Accelerate Innovation
Introduction: [Company Name X] announces today the acquisition of [Company Name Y], a leading player in IT solutions. With this acquisition, [Company Name X] strengthens its market position and accelerates the development of new technologies.
In this short introduction, you immediately mention the main points: who, what, and why. In the rest of the release, you can then delve deeper into the details of the acquisition and the benefits for both companies and their customers.
Use the acquisition to communicate moreAn acquisition is not just a transaction; it is also an opportunity to communicate about your company's future plans. What will change? How will the acquisition contribute to your growth ambitions? This is your chance to frame the message positively and tell the story to your advantage.
It is important to be transparent about what the acquisition means, both for internal stakeholders and for customers and partners. This way, you can eliminate uncertainty and provide a clear picture of the future.
Distribute your press release effectivelyA well-written press release is only half the job. It is equally important to ensure it reaches the right people. With the tools from Presscloud, you can easily distribute your press release to relevant media and journalists. Our distribution tools ensure that your message stands out in a crowded news feed, so you get the media attention you need.