Irwin Mitchell is set to acquire debt collection company PDP Management Services through subsidiary arm Ascent, marking the firm’s bid for a sixth alternative business structure (ABS) licence. The deal, which is subject to approval from the Solicitors Regulatory Authority (SRA), marks the firm’s first takeover since it received its first five ABS licences for companies within its group structure - which included Ascent - in August.
October 12, 2012 at 10:00 AM
1 minute read
The original version of this story was published on Legalweek
Irwin Mitchell is set to acquire debt collection company PDP Management Services through subsidiary arm Ascent, marking the firm’s bid for a sixth alternative business structure (ABS) licence.
The deal, which is subject to approval from the Solicitors Regulatory Authority (SRA), marks the firm’s first takeover since it received its first five ABS licences for companies within its group structure – which included Ascent – in August.
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