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![wegro_app Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1787088114588209152.png) Wegro App [@wegro_app](/creator/twitter/wegro_app) on x 10.3K followers
Created: 2025-07-18 12:01:08 UTC

Firstsource Solutions Ltd. is acquiring Pastdue Credit Solutions (PDC), a UK-based debt collection agency, for GBP XX million. The acquisition, through its UK subsidiary, aims to expand Firstsource's presence in the UK debt collection market. 💰

- 𝗔𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 𝗗𝗲𝘁𝗮𝗶𝗹𝘀:
  ▪ Firstsource Solutions UK Limited (a wholly-owned subsidiary of Firstsource Solutions Limited) will acquire XXX% ownership of Pastdue Credit Solutions Limited (PDC).
  ▪ Purchase consideration: GBP XX million (including upfront payment and earnouts).
  ▪ PDC is a UK-based collections agency.

- 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹𝘀:
  ▪ The transaction is subject to approval under the National Security and Investment Act 2021 and from the Financial Conduct Authority (FCA).

- 𝗣𝗗𝗖 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:
  ▪ Provides white-label, early arrears, and debt collections & recovery services.
  ▪ Founded in 2005.
  ▪ Presence: UK.

- 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹𝘀 (𝗚𝗕𝗣 𝗠𝗶𝗹𝗹𝗶𝗼𝗻):
  ▪ Nov 2023 – Oct 2024: Turnover: 16.9, Operating Profit: XXX
  ▪ Nov 2022 – Oct 2023: Turnover: 12.0, Operating Profit: XXX
  ▪ Nov 2021 – Oct 2022: Turnover: 12.4, Operating Profit: XXX

- 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗜𝗺𝗽𝗮𝗰𝘁:
  ▪ PDC will become a subsidiary of FSL UK and a step-down subsidiary of Firstsource Solutions Limited. 📈

📊 FIRSTSOURCE SOLUTIONS LTD | 🏷️ Acquisition

🌐 Details:

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XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946178420460888535/c:line.svg)

**Related Topics**
[acquisition](/topic/acquisition)
[british pound sterling](/topic/british-pound-sterling)
[debt](/topic/debt)

[Post Link](https://x.com/wegro_app/status/1946178420460888535)