Acromas Holdings

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Acromas Holdings Ltd
Private limited company
Industry Holding company
Founded 18 May 2007
Headquarters Folkestone, Kent, UK
Key people
Andrew Goodsell, CEO
Website www.acromas.com

Acromas Holdings is a holding company formed in May 2007 by Charterhouse Capital Partners, CVC Capital Partners and Permira to act as the parent company of Automobile Association and Saga, ahead of the companies' mergers in September 2007.[1][2]

Acromas listed Saga on the London Stock Exchange through an initial public offering (IPO) in May 2014,[3] followed by The AA in June that year.[4]

References[edit]

  1. ^ "Company No. 06252766". Companies House WebCHeck. Retrieved 2009-11-14. 
  2. ^ Goodman, Matthew (23 September 2007). "Equity windfall for Saga and AA staff". The Sunday Times. Times Newspapers Ltd. Retrieved 2009-11-14. 
  3. ^ Jones, Sarah (23 May 2014). "Saga IPO Raises $928 Million, Shares at Bottom of Range". Bloomberg Business. Retrieved 22 February 2016. 
  4. ^ David, Ruth (23 June 2014). "AA Drops in First Day of Trading After $2.4 Billion IPO". Bloomberg Business. Retrieved 22 February 2016. 

External links[edit]