Old Mutual Private Equity (OMPE), part of Old Mutual Alternative Investments, has signed an agreement to exit Medhold, a leading supplier of world-class medical devices in Southern Africa, from OMPE Fund IV’s portfolio, to Sanlam Private Equity – the private equity division of Sanlam Investments. The transaction is subject to customary regulatory approvals, with completion expected in the fourth quarter of 2025.
Since OMPE’s initial investment in Medhold in 2018, the company’s earnings have grown by 2.6 times, highlighting the quality of Medhold’s management team and its ability to successfully execute the agreed strategic vision of building a world-class medical devices business in Southern Africa.