Release Date:
Thu, 11 August 2016
PR Code:
2016-054
Fund Segment:
New owners to support continued growth in one of Ireland’s best known companies
Ireland– Carlyle Cardinal Ireland (CCI) and Carlyle Global Financial Services Partners (CGFSP) have completed the acquisition of the AA Ireland (the “Company”) from the AA plc (AA:LSE) following receipt of the required regulatory approvals.
CCI partnered with CGFSP to acquire AA Ireland, one of the largest insurance intermediaries in Ireland, for €156.6 million including consideration for cash left on balance sheet.