Acromas Holdingsis aholding companyformed in May 2007[1]byCharterhouse Capital Partners,CVC Capital PartnersandPermira,to act as the parent company ofAutomobile AssociationandSaga,ahead of the companies' mergers in September 2007.[2][3]

Acromas Holdings Ltd
Company typePrivate limited company
IndustryHolding company
Founded18 May 2007
Headquarters,
Key people
Lloyd East, CEO
Websitewww.acromas

Acromas listed Saga on theLondon Stock Exchangethrough aninitial public offering(IPO) in May 2014, followed by The AA in June that year.[4][5]

References

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  1. ^"Nestor Healthcare knocks back £100m approach from SAGA owner Acromas Holdings".Proctive Investors.Retrieved5 October2022.
  2. ^"Company No. 06252766".Companies HouseWebCHeck.Retrieved14 November2009.
  3. ^Goodman, Matthew (23 September 2007)."Equity windfall for Saga and AA staff".The Sunday Times.Times Newspapers Ltd.Archived fromthe originalon 12 June 2011.Retrieved14 November2009.
  4. ^Jones, Sarah (23 May 2014)."Saga IPO Raises $928 Million, Shares at Bottom of Range".Bloomberg Business.Retrieved22 February2016.
  5. ^David, Ruth (23 June 2014)."AA Drops in First Day of Trading After $2.4 Billion IPO".Bloomberg Business.Retrieved22 February2016.
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