A New Chapter for Medhold Begins

Medhold, one of Southern Africa’s largest leading medical device distributors, is entering an exciting new phase of growth following the acquisition of a majority stake by Sanlam Private Equity. With this partnership, Medhold is poised to expand its product portfolio, strengthen healthcare delivery and drive innovation across the region – reinforcing its position as a key player in Southern Africa’s medical device market.

Paul Moeketsi, Managing Partner at Sanlam Private Equity, says: “As private equity investors, we know that this we are uniquely placed to drive real economic change. The philosophy is simple: back resilient businesses that create sustainable value, while also strengthening the country’s social and economic fabric. Medhold is one such company.”

Medhold Strengthens Position as One of Southern Africa’s Largest Medical Device and Hospital Equipment Distributors with Sanlam Private Equity Partnership.

Medhold, one of the largest providers of medical devices and hospital equipment across Southern Africa, has entered a new phase of growth following the acquisition of a majority stake by Sanlam Private Equity (SPE), the private equity investment arm of Sanlam Investments.

Paul Moeketsi, Managing Partner at Sanlam Private Equity, says: “As private equity investors, we know that this we are uniquely placed to drive real economic change. The philosophy is simple: back resilient businesses that create sustainable value, while also strengthening the country’s social and economic fabric. Medhold is one such business.” 

The transition follows a successful partnership with Old Mutual Private Equity (OMPE), which supported Medhold’s expansion, operational strengthening  and positioning as a key distributor in the Southern African healthcare market.

Medhold distributes a wide range of medical devices and hospital equipment, including orthopaedic, diagnostic, theatre, intensive care, and robotic-assisted surgical systems, representing major international manufacturers. The company provides end-to-end services, including product supply, installation, clinical training, and after-sales support, enabling hospitals and clinics to implement advanced surgical and diagnostic technologies.

With the backing of Sanlam Private Equity, Medhold plans to expand its product portfolio, reach additional healthcare providers and continue its focus on operational excellence, employee development, and socially responsible initiatives. These include training programs, learnerships, and donations to public healthcare facilities.

Speaking to Sanlam Private Equity’s focus on South African mid-market companies, Investment Principal Brandon Subrayan adds: “Transactions such as this can help formalise, professionalise and scale mid-market companies, like Medhold, which are the backbone of the South African economy. This creates better-run businesses with strong governance structures, stronger supply chains, and more inclusive employment. It also fosters innovation in sectors like healthcare, technology and education. We are looking forward to being a part of the transformation in healthcare and the innovation that will make a difference in South Africa, and beyond.”

Medhold is ISO 13485:2016 certified and complies with international regulatory standards. The company also incorporates sustainability practices, including energy-efficient technologies, safe medical waste disposal, rainwater harvesting, and solar power initiatives at its facilities.

About Medhold

Founded in the 1990s and privately owned since 1998, Medhold is one of Southern Africa’s largest distributors of medical devices and hospital equipment. The company partners with international manufacturers to supply hospitals and clinics with essential technologies, including surgical, diagnostic, orthopaedic, intensive care, and robotic-assisted surgical systems.