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Sanlam Private Equity has completed the acquisition of a majority stake in Medhold Group, one of Southern Africa\u2019s largest distributors of medical devices and hospital equipment, marking the first investment by its Mid-Market Fund II.<\/p>\n
In a statement on Thursday, Sanlam Private Equity noted that the transaction positions Medhold to expand access to medical technologies and strengthen hospital infrastructure across the region.<\/p>\n
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Ninety One-Sanlam deal set to close on Monday
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Medhold, founded in 1988, distributes medical devices and equipment across orthopaedics, theatre and intensive care, maternal and infant care, and clinical imaging.<\/p>\n
Its services include product supply, installation, clinical training and after-sales support. The group is a regional distribution partner for international brands such as Intuitive Surgical and GE Healthcare Technologies.<\/p>\n
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Sanlam share price<\/strong><\/p>\n Brandon Subrayan, principal at Sanlam Private Equity and co-lead on the transaction, says the investment aligns with Sanlam Investments\u2019 approach to private equity, combining financial returns with broader economic and social outcomes.<\/p>\n He adds that Medhold also plays a role in specialised employment and skills development, particularly for clinical engineers, technicians and product specialists.<\/p>\n The investment is expected to support Medhold\u2019s operational and financial capacity, enabling it to scale its distribution of advanced medical technologies.<\/p>\n<\/blockquote>\n These include equipment used in robotic surgery, diagnostics, anaesthesia and patient monitoring.<\/p>\n Sanlam Private Equity says the transaction also supports its focus on backing mid-market businesses with resilient operating models.<\/p>\n ADVERTISEMENT:<\/p>\n CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n Read: Sanlam boosts India strategy with Shriram Finance deals<\/p>\n According to the firm, Medhold will continue to invest in employee development initiatives, learnerships through the YES4YOUTH programme, and the donation of medical equipment to public healthcare facilities.<\/p>\n Paul Moeketsi, managing partner at Sanlam Private Equity, says private equity can help formalise and scale mid-sized businesses while strengthening governance and employment practices.<\/p>\n The focus will be on expanding product offerings, strengthening service capabilities and extending Medhold\u2019s reach across Southern Africa.<\/p>\n Follow Moneyweb\u2019s in-depth finance and business news on WhatsApp here.<\/em><\/p>\n<\/p><\/div>\n\n