Standard Bank, Africa’s biggest bank by assets, is proud to announce that it has played a significant role in supporting Sanlam Private Equity (SPE), a division of Sanlam Investments, in its acquisition of Medhold, a leading supplier of medical devices and surgical supplies in South Africa and other selected African markets.
Established in 1988, Medhold is a leading supplier of world-class medical devices and technologies to the healthcare sector. It offers a diversified portfolio of medical devices and surgical supplies sourced from leading global Original Equipment Manufacturers, serving private and public hospitals as well as smaller surgical facilities. In addition, Medhold provides comprehensive after-sales support, including maintenance and repair services.
The acquisition of Medhold by Sanlam Private Equity marks a pivotal step in advancing healthcare delivery. Renowned for its expertise in anaesthetic delivery systems, orthopaedics, and robotic-assisted surgery, Medhold plays a critical role in ensuring access to world-class medical solutions across South Africa and selected African markets.
From inception, Standard Bank acted swiftly to design an innovative, tailored funding solution that enabled this strategic partnership. This collaboration strengthens our long-standing relationship with Sanlam Private Equity and exemplifies our strategic focus on supporting leading private equity sponsors investing in sectors earmarked for long-term growth and actively shaping Africa’s development.
By supporting Medhold, we are helping to build resilient healthcare systems capable of meeting the continent’s growing needs. The acquisition will provide Medhold with the capital and strategic backing required to expand its footprint, innovate, and diversify its product offering, ensuring the continued supply of essential medical equipment and consumables.
The impact is clear: improved healthcare infrastructure, enhanced access to cutting-edge medical technologies, and the empowerment of a local champion within the healthcare sector.
Standard Bank takes pride in partnering with market leaders to deliver solutions that matter. This transaction underscores our commitment to the healthcare sector while showcasing the capabilities of Structured Capital to craft bespoke funding solutions tailored to client needs.
Standard Bank supported this acquisition as the sole investment bank and Mandated Lead Arranger to provide an innovative funding package in support of the acquisition.