You wait years to invest in roadside recovery, and then two come along at once. Private equity-owned AA and smaller rival RAC are both gearing up for £5bn sales, the latter via a putative London ...

AA Ltd is owned by a consortium composed of private equity firms TowerBrook Capital Partners, Warburg Pincus LLC and Stonepeak Partners LP. It is working with advisers from Rothschild and JPMorgan on ...

The AA's owners have reportedly been sounding out buyers over a possible £5bn sale or listing and the RAC is said to be targeting a similar valuation in a UK IPO.

The RAC - one of the nation's biggest providers - is the worst-scoring company overall for speed of arrival, leaving the ...