Macfarlanes has advised Faccenda Investments (the parent company of Faccenda Foods) on the sale of Hillesden Securities Limited (trading as dlc), a debt collection company within its portfolio, to Cabot Credit Management.

dlc has been owned and supported by Faccenda since its foundation in 1979 and provides outsourced financial solutions in the debt receivables sector across a number of key markets including telecoms, insurance, government, health, banking and financial services.

The Macfarlanes team was led by corporate M&A partner Emmie Jones, who comments: “This is our first deal for Faccenda Investments and we were particularly pleased that all parties were able to obtain such a positive outcome.”