Cabot Credit Management (CCM), the UK’s largest debt purchaser, has acquired debt recovery litigation firm Mortimer Clarke Solicitors. The deal follow the grant of alternative business structure (ABS) status to the law firm by the Solicitors Regulation Authority. Ken Stannard, CEO of Cabot Credit Management, said: “This is a significant addition for us because it allows CCM to provide an end-to-end credit management lifecycle.” CCM said in a statement it will “continue to use its careful decision making processes to litigate only as a last resort.”......Read more here