Acromas Holdings

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 Holdings Ltd
TypePrivate limited company
IndustryHolding company
Founded18 May 2007
Headquarters
Folkestone, Kent
,
United Kingdom
Key people
Lloyd East, CEO
Websitewww.acromas.com

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]

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.


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