Firstsource Solutions has finalized its acquisition of Pastdue Credit Solutions (PDC) on December 11, 2025. The acquisition provides Firstsource with 100% stake in PDC, an FCA-registered UK-based collections agency. The acquisition will enhance Firstsource’s debt collection services in the UK market. All regulatory approvals for the transaction have been successfully obtained, marking a significant step in Firstsource’s growth strategy.
Pastdue Credit Solutions Acquisition Finalized
Firstsource Solutions has successfully completed its acquisition of Pastdue Credit Solutions (PDC), as of December 11, 2025. This strategic move will enhance Firstsource’s capabilities in providing comprehensive white-label, early arrears, and debt collection services. The initial announcement of the share purchase agreement was made on July 18, 2025.
Strategic Rationale
The acquisition of PDC, an FCA-registered UK based collections agency, aims to expand Firstsource Solutions’ footprint and offerings within the UK market. PDC specializes in white-label services related to early arrears and debt recovery. The company recorded a turnover of 16.9 million GBP and an operating profit of 3.4 million GBP for the period between November 2023 and October 2024.
Key Financials and Ownership
Firstsource Solutions now holds 100% ownership of PDC. The total consideration for the acquisition is 22 million GBP, which includes upfront payments and potential earnouts. This acquisition is not considered a related-party transaction, ensuring transparency and adherence to standard business practices.
Source: BSE
