Sanlam Private Equity Acquires Medhold with Standard Bank

Sanlam Private Equity has been supported by Standard Bank in its acquisition of Medhold, a supplier of medical devices and surgical supplies in South Africa and selected African markets. Medhold’s portfolio includes products from global OEMs and serves private and public hospitals as well as smaller surgical facilities.

Medhold also provides after-sales support, including maintenance and repair services. Standard Bank acted as sole investment bank and mandated lead arranger, providing a funding package to support the acquisition. The deal was announced in October and was subject to regulatory approval, which has now been granted.