Medhold Acquired by Sanlam Private Equity — Healthcare M&A

Sanlam Private Equity (SPE), a division of Sanlam Alternative Investments, has announced its acquisition of Medhold, a South Africa-based supplier of medical devices and surgical supplies. The deal is structured as a private equity platform investment, with financial terms undisclosed. Standard Bank provided the acquisition funding package and acted as sole investment bank and mandated lead arranger, supporting the transaction through its regulatory process.

Medhold supplies a diversified portfolio of medical devices and surgical consumables sourced from global original equipment manufacturers (OEMs). Its customer base spans private and public hospitals as well as smaller surgical facilities, with an after-sales offering that includes maintenance and repair services. The transaction aligns with SPE’s mid-market strategy of professionalising and scaling established businesses, while also reinforcing investment in South Africa’s healthcare infrastructure and supply chain for essential medical equipment.

The acquisition was initially announced in October and was subject to regulatory approval, which has now been granted. The parties did not disclose a specific closing date, but the completion is expected to follow the standard post-approval process for the transaction.