William Fry and King & Wood Malleson have advised the AA, the UK’s largest breakdown cover organisation, on the sale of its Irish business and operations, AA Ireland Limited, to US-Irish private equity fund Carlyle Cardinal Ireland. AA Ireland and the AA will enter into a long term Ongoing Services Agreement, which will preserve the current trading arrangements between the AA and AA Ireland for the benefit of both groups.
The William Fry Team was led by Corporate Partner Stephen Keogh whilst the King & Wood Mallesons team was led by Corporate Partner Rob Day.