Posted 05.22.2024 by Josh Krakauer
Announcing a company acquisition on social media looks easy on the surface, but it’s complex in practice.
First of all, an acquisition announcement is a challenge where different perspectives on timing and messaging converge.
For instance, a company owner or majority shareholder might see it as an opportunity to communicate a major success in the long and winding entrepreneurial journey.
Then there’s the C-suite perspective, for whom acquisitions represent a strategic action to shape the company’s future trajectory.
Can you tell who’s in the right and who’s in the wrong here?
On top of this, there’s another challenge to address: The potential impact on brand identity and reputation.
If not handled well, a company can face skepticism, backlash, and even a minor panic after announcing an acquisition.
Therefore, the goal goes beyond releasing a quick communication piece.
It’s about ensuring that the announcement aligns with the brand’s values, maintains a positive narrative, and addresses potential concerns.
In this line, this is what we’ll share in this article:
Armed with this knowledge, you’ll be able to manage an acquisition announcement on social media like a pro.
An acquisition announcement is the unveiling of a significant business purchase, strategically communicated to stakeholders and the greater public.
Announcing an acquisition can be a pivotal moment for a company, and requires careful crafting of both copy and visuals to convey the vision behind the move (and sometimes, the financial intricacies involved in the acquisition as well).
These announcements influence the perception of both companies (the one acquiring and the one getting acquired) by investors, employees, and the broader market.
Worth noting, that acquisition announcements should be made by the company or person making the acquisition. Unless there’s an agreement on letting the acquired company disclose first, this is usually how it’s done.
An acquisition announcement typically comprises several components to convey the details of the transaction and address stakeholder interests.
Here are the 10 most important ones:
1. Introduction/opening:
2. Acquirer and target Information:
3. Strategic intent:
4. Financial details:
5. Impact on operations:
6. Message to employees:
7. Message to customers and clients:
8. Message to investors/shareholders:
9. Timeline/next steps:
10. Contact information:
Naturally, it’d be unrealistic to share all this information on social media.
For example, some of the components above are usually meant for internal distribution only (message to employees, financial details), and others can be too dry for social media (i.e. next steps, message to customers).
Having a bird’s-eye view of all the elements will allow you to pick the most important elements when communicating an acquisition on your social channels.
Real-life examples are a great way to understand the do’s and don’ts of acquisition announcements for social media.
Below you’ll find four acquisition examples published on X: Two good ones, and two that could’ve been better.
In 2022, Microsoft announced the acquisition of the legendary game development studio Activision Blizzard.
To do that, they published a short thread on X (using Xbox’s account, not Microsoft’s) that received over 180,000 likes, 69,000 retweets, and 10,000 comments.
What we like about this acquisition announcement:
Even though we’re talking household names here, the impact of this announcement was both massive and positive.
L3Harris is an American tech and defense company – one of the biggest out there, to be precise.
In 2023, they announced the acquisition of Aerojet Rocketdyne, a leading firm in the development of rocket propulsion systems.
They did so in a succinct, but very effective manner – by posting an impressive video of the company and tech they were purchasing.
What we like about this acquisition announcement:
Talk about getting shareholders excited!
In 2021, software services giant Globant announced the acquisition of a blockchain development company called AtixLabs.
While these were pandemic times, the use of a picture where everyone is wearing face masks failed to prompt positive reactions from the audience.
Furthermore, the words employed in the post were in line with this (perceived) lack of transparency, offering very little information on what the acquired company actually does, and what it adds to Globant’s vision and ops.
What we don’t like about this acquisition announcement:
Cummins manufactures – hear me out – hydrogen-powered trains and electric earth movers.
It has everything to become a dream brand…except for a good social media strategy, perhaps.
In 2023, they announced the acquisition of a business unit from another company, and, well, mistakes were made.
What we don’t like about this acquisition announcement:
Now that we’ve covered definitions and examples, let’s move on to something more practical: Crafting acquisition announcements for social media.
To do that, we can recommend following a series of simple rules:
And finally, don’t foster a positive and informed reception from your audience.
In the aftermath of an acquisition announcement, you’ll need to be ready to respond to reactions.
Depending on several factors, these can come in all shapes, sizes, and tones, including highly positive and highly negative ones.
Here are some important tips to keep in mind when answering:
Finally, stay professional at all times, even when responding to unfounded, unhinged criticism. At the same time, be ready to monitor and moderate to maintain a respectful and constructive conversation.
As you’ve seen, crafting a successful acquisition announcement involves more than just disseminating information: It’s about understanding different perspectives, crafting thoughtful communication, and handling reactions.
By embracing the principles outlined in this guide, you’ll be able to announce acquisitions successfully, and also to lay the foundation for a positive and prosperous post-acquisition future.
And if you feel like you’re not ready yet or need an expert’s eyes on your current efforts, you can always drop us a line – we’re always up for unique, rare challenges!