Acromas Holdings

Acromas Holdings Ltd
Company typePrivate limited company
IndustryHolding company
Founded18 May 2007
Headquarters
Folkestone, Kent
,
United Kingdom
Key people
Lloyd East, CEO
Websitewww.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]

  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. Archived from the original on 12 June 2011. 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.