Firstsource Solutions Limited — JV/Acquisition, 11-12-2025: Acquisition

Firstsource Solutions has completed the 100% acquisition of Pastdue Credit Solutions Ltd (PDC) for GBP 22 million. PDC is a UK-based debt collections agency specializing in white-label, early arrears, and recovery services.

This strategic move significantly expands Firstsource's presence and capabilities in the crucial UK debt collection market. PDC adds a turnover of GBP 16.9 million and operating profit of GBP 3.4 million (for Nov 2023 – Oct 2024), bolstering Firstsource's service offerings and market footprint. This looks like a solid step to strengthen their UK operations.