Law firm Irwin Mitchell has confirmed its intention to acquire arrears management business PDP Management Services through its subsidiary Ascent. The deal, which is subject to approval by the Solicitors Regulatory Authority (SRA), would see PDP continue to trade under its own name but operate as a subsidiary of debt collection firm Ascent and as part of the Irwin Mitchell group.
Mark Higgins, chairman of Ascent, claimed that the acquisition will strengthen the position of both Ascent and PDP across a number of sectors, including financial services and utilities.....Read more here: Debt collection firm to buy field agency PDP