Darlington based Philips is one of the UK’s largest independent revenue recovery and enforcement companies. The core business provides debt collection services for public and private sector organisations across the UK and is the only debt collection company with an approved City & Guilds Training Academy.
Serco is a FTSE 100 international service company, which combines commercial know-how with a deep public service ethos. Serco supports governments, agencies and companies around the world to deliver essential services that matter to millions of people. It offers operational, management and consulting expertise in a wide variety of sectors including defence, education, environmental services, health, home affairs, transport and welfare to work.
The Pinsent Masons team advising on the deal was led by Corporate Partner Joanne Ellis assisted by Emma Metcalfe, Beth O'Neill, Clare Francis, Stacey Keen, Rebecca Pendlebury, Zahir Karim and Gavin Paul.
Commenting on the deal Joanne Ellis said: “We are proud to have supported Serco with this strategic acquisition and will continue to work closely with the team on any future opportunities.”