Acromas Holdings

Last updated

Acromas Holdings Ltd
Type Private limited company
Industry Holding company
Founded18 May 2007
Headquarters,
Key people
Lloyd East, CEO
Website www.acromas.com

Acromas Holdings is a holding company formed in May 2007 [1] 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. [2] [3]

Acromas listed Saga on the London Stock Exchange through an initial public offering (IPO) in May 2014, followed by The AA in June that year. [4] [5]

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References

  1. "Nestor Healthcare knocks back £100m approach from SAGA owner Acromas Holdings". Proctive Investors. Retrieved 5 October 2022.
  2. "Company No. 06252766". Companies House WebCHeck. Retrieved 14 November 2009.
  3. Goodman, Matthew (23 September 2007). "Equity windfall for Saga and AA staff". The Sunday Times . Times Newspapers Ltd . Retrieved 14 November 2009.
  4. Jones, Sarah (23 May 2014). "Saga IPO Raises $928 Million, Shares at Bottom of Range". Bloomberg Business. Retrieved 22 February 2016.
  5. David, Ruth (23 June 2014). "AA Drops in First Day of Trading After $2.4 Billion IPO". Bloomberg Business. Retrieved 22 February 2016.