News Topical, Digital Desk : Firstsource Solutions, through its wholly-owned subsidiary Firstsource Solutions UK Ltd (FSL UK), has completed the acquisition of UK debt collection agency Pastdue Credit Solutions Limited (PDC). The company informed that the deal has been successfully finalised on 11 December 2025 following receipt of all necessary regulatory approvals.
The acquisition process was initiated under a share purchase agreement dated July 18, 2025, in which Firstsource agreed to acquire a 100% stake in PDC. The total value of the transaction is £22 million, including upfront payment and earnouts. Founded in 2005 and regulated by the UK's Financial Conduct Authority (FCA), PDC reported a turnover of £16.9 million and an operating profit of £3.4 million during the period from November 2023 to October 2024. The company's entire operations are located in the United Kingdom. Firstsource says the acquisition will strengthen its presence in the UK debt-collection services market and broaden its offerings in the financial services segment. With the completion of the transaction, Firstsource now fully owns PDC.
Share Performance Firstsource Solutions shares closed 0.83% higher at ₹340.90 on Thursday. The company's stock has seen a decline of 10.88% over the past year.
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