20 Dec 2018

PDM’s PCS3 fund acts as sole senior secured lender to Validant, a leading healthcare consultancy

Permira Debt Managers (“PDM”), one of Europe’s leading specialist debt investors, today announces that Permira Credit Solutions III (“PCS3”) is acting as sole senior secured lender to Validant, a healthcare consultancy focussed on regulatory affairs, quality assurance and compliance. The deal continues PDM’s capabilities in supporting European-based sponsors acquire global healthcare businesses.

Daniel Hatcher, Investment Director at PDM Commented:

“We are pleased to have been able to support GHO Capital’s investment in Validant and continue our strategy of supporting ambitious market leaders with strong growth potential.

“Validant is a global firm with an impressive roster of customers, providing its specialist consultancy services across the biotech, pharma and medtech sectors.  We see Validant as strategically well placed to benefit from the underlying positive trends in these markets, with a scalable operating model and significant brand recognition.

“As Validant continues to grow and GHO supports its expansion across Europe and North America, we look forward to working with a team of experienced healthcare specialists to build a significant global sector leader.”

PCS3 has now supported over 30 businesses and this investment in Validant continues an emphasis on ambitious market leaders in attractive, robust markets.

Founded in 2005 and headquartered in San Francisco, Validant is a leading quality, compliance and regulatory consulting business servicing Pharma and Med Tech companies around the world. The Validant network represents the largest assembly of leading engineers, scientists, clinicians, and specialists in the field.

Permira Credit Solutions III acts as sole senior secured lender to Validant, a leading healthcare consultancy

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