Permira Credit Solutions III, a subsidiary of European specialist debt investor Permira Debt Managers (PDM), acted as sole senior secured lender to Validant, a healthcare consultancy focused on regulatory affairs, quality assurance and compliance.

Daniel Hatcher, investment director at PDM, said, “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.”

Permira has now supported over 30 businesses, with its latest investment in Validant showing a continued emphasis on ambitious market leaders in attractive, robust markets.