Announced

Completed

Further Global Capital Management completed the acquisition of AA Ireland from The Carlyle Group for €240m.

Synopsis

Private equity firm Further Global Capital Management completed the acquisition of AA Ireland, a roadside assistance provider and insurance intermediary, from The Carlyle Group for €240m ($283m). "The team at CCI and CGFSP has worked very successfully with us to carve out AA Ireland from AA and then help develop the business and to support our transformation. We thank them for their support and collaboration. Having completed the transformation of the business and invested in our Roadside Rescue fleet and technical resources, we look forward now to building on those solid foundations with our new financial backers, Further Global," Brendan Nevin, AA Ireland CEO.

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