
Acquisitions18 Jul 2025, 05:41 pm
Firstsource to Acquire Pastdue Credit Solutions, Strengthening Offerings in Utilities, Telco and Public Sector across the UK
AI Summary
Firstsource Solutions Limited has signed an agreement to acquire Pastdue Credit Solutions, a prominent UK-headquartered debt-collection business. The acquisition is subject to Financial Conduct Authority (FCA) approval. This move underscores Firstsource's commitment to UK employment and strengthens its capabilities in a growing space. The acquisition aligns with Firstsource's strategy to build a differentiated collections business with strong sectoral depth and local delivery capabilities across the UK. The UK collections market is poised for long-term growth, and Firstsource is well-positioned to scale with purpose, delivering greater value to clients and supporting public priorities.
Key Highlights
- Firstsource to acquire Pastdue Credit Solutions, a UK-based debt-collection business.
- The acquisition is subject to Financial Conduct Authority (FCA) approval.
- Firstsource's commitment to UK employment strengthened.
- Acquisition aligns with Firstsource's strategy to build a differentiated collections business in the UK.
- UK collections market poised for long-term growth.