Firstsource Solutions Limited — JV/Acquisition, 18-07-2025: Acquisition
18-07-2025 | 05:26 pm
18-07-2025 | 05:26 pm
Firstsource Solutions has announced the acquisition of Pastdue Credit Solutions Limited (PDC), a UK-based debt collection agency, for GBP 22 million (approximately ₹231 Cr). This strategic move will give Firstsource 100% ownership of PDC, significantly expanding its presence and capabilities in the UK debt collection services market. PDC brings a strong track record, reporting a recent annual turnover of GBP 16.9 million and an operating profit of GBP 3.4 million. This acquisition, subject to regulatory clearances, positions Firstsource for further growth in a key geographic market.
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