Acromas Holdings is a

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

formed in May 2007 by

Charterhouse Capital Partners Charterhouse Capital Partners is a London based private equity investment firm focused on investing in European mid-market companies valued between €200m and €1.5bn. The company targets investments across the services, healthcare, specialis ...

CVC Capital Partners CVC Capital Partners is a Luxembourg-based French private equity and investment advisory firm with approximately US$133 billion of assets under management and approximately €157 billion in secured commitments since inception across American, E ...

and

Permira Permira is a global investment firm. Founded in 1985, the firm advises funds with assets under management of €60+ billion. The Permira funds have made approximately 300 private equity investments in four key sectors: Technology, Consumer, Ser ...

, to act as the parent company of

Automobile Association Automobile associations, also referred to as motoring clubs, motoring associations, motor clubs, are organizations, either for-profit or non-profit, which motorists (drivers and vehicle owners) can join to enjoy benefits provided by the club relat ...

and

Saga is a series of science fantasy role-playing video games by Square Enix. The series originated on the Game Boy in 1989 as the creation of Akitoshi Kawazu at Square (video game company), Square. It has since continued across multiple platforms, ...

, ahead of the companies' mergers in September 2007. Acromas listed Saga on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

through an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

(IPO) in May 2014, followed by The AA in June that year.

References

External links

* Companies based in Kent Holding companies established in 2007 British companies established in 2007 2007 establishments in England Permira companies Health care companies of the United Kingdom {{England-company-stub