Debevoise & Plimpton LLP has advised CPP Investments as an investor in a single-asset continuation fund established by GHO Capital Partners “(GHO”).

The new fund will hold GHO’s existing interest in Validant, the leading international provider of quality, compliance and regulatory affairs consulting to Biotech, Pharma and MedTech companies, first acquired by GHO in 2018.

The transaction represents an increased investment from GHO in Validant, alongside Validant’s management team and the new consortium of investors.

For full details, see the official release here.

The Debevoise team advising CPP Investments was led by partner Katherine Ashton, and included international counsel Delphine Jaugey, and associates Kayleigh Anderson, Laurence Hanesworth, Joseph Mash, and Aaron McPherson. Tax advice was provided by partner Michael Bolotin, international counsel Matthew Pincus and Jennifer Wheater, and associates Martin Connor and Christopher Gossage.