Firstsource: Difference between revisions

Revision as of 15:09, 25 July 2025

Revision as of 11:31, 28 July 2025

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In September 2024, Firstsource acquired UK-based customer experience provider Ascensos for £42 million (approximately US$56 million). Ascensos continues to operate independently as a business unit headquartered in Scotland.<ref name=ascensos1>{{cite news |title=Firstsource acquires UK-based Ascensos for $56 million |publisher=The Economic Times |date=23 September 2024 |url=https://economictimes.indiatimes.com/tech/information-tech/firstsource-acquires-uk-based-ascensos-for-56-million/articleshow/113604886.cms}}</ref><ref name=ascensos2>{{cite press_release |title=Firstsource acquires Ascensos |publisher=Firstsource Solutions |date=September 2024 |url=https://www.firstsource.com/newsroom/press-releases/firstsource-acquires-ascensos}}</ref>

In July 2025, Firstsource Solutions announced the acquisition of [[United Kingdom|UK]]-based debt collection firm Pastdue Credit Solutions for £22 million(approximately ₹234 crore). The deal, made through its UK subsidiary, is aimed at expanding Firstsource’s presence in the UK collections market. PDC reported FY24 revenue of £16.9 million and serves clients in banking, utilities, telecom, and government sectors.<ref>{{Cite web |last=Reddy |first=Sandeep |date=2025-07-18 |title=Firstsource To Acquire UK-Based Pastdue Credit Solutions In £22 Million Deal To Strengthen Debt Collection Capabilities |url=https://angelnews.in/firstsource-to-acquire-uk-based-pastdue-credit-solutions-in-22-million-deal-to-strengthen-debt-collection-capabilities/ |access-date=2025-07-25 |language=en-GB}}</ref>

== Corporate affairs ==