Hakim Group
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Hakim Group - overview
Established
2001
Location
Darwen, Lancashire, UK
Primary Industry
Healthcare Specialists
About
Based in the UK, Hakim Group provides optical practice support, enabling independent opticians to enhance their business operations and patient care through tailored solutions and comprehensive back-office management services. Founded in 2001 and headquartered in Darwen, UK, Hakim Group specializes in supporting independent opticians with operational solutions. The company has engaged in two notable deals, with the most recent occurring on May 22, 2025, when ICG acquired Hakim Group from All Seas Capital, which subsequently reinvested in the business. Hakim Group specializes in providing comprehensive support and operational solutions for independent opticians, enabling them to deliver exceptional eye care while enhancing their business capabilities.
Their core offerings include back-office support systems designed to streamline practice operations, from patient management to inventory control. By focusing on the unique nuances of each independent practice, Hakim Group empowers optometrists to prioritize patient relationships and customized care, ensuring that each practice can maintain its unique identity while benefitting from shared resources. The company serves a diverse client base across the United Kingdom, including established practices with longstanding reputations and newer entrants looking to capitalize on innovative care models. Hakim Group generates revenue primarily through partnerships with independent opticians, providing them with essential operational support in exchange for a service fee.
The transaction structure typically involves long-term contracts where practitioners pay for ongoing access to the company's resources, including management tools and marketing assistance. These arrangements facilitate a steady revenue stream while allowing practices to retain their independence. Furthermore, the company’s offerings include proprietary programs and consulting services, which further contribute to its financial model. The revenue structure is designed to support both parties, creating a mutually beneficial relationship that enhances the quality of eye care delivered and fosters business growth for the opticians.
Following the acquisition on May 22, 2025, Hakim Group is focused on leveraging the new capital to support its growth strategy. The acquisition by ICG will enable the company to enhance its operational capabilities and possibly introduce new products designed for independent opticians. Specific details on product launches or expansions into new geographic markets have yet to be disclosed, but the financial backing will be utilized to strengthen and promote their existing operational solutions, ensuring they continue to meet the needs of their diverse client base.
Current Investors
All Seas Capital
Primary Industry
Healthcare Specialists
Sub Industries
Consulting Services, Optometrists & Opticians Products and Services
Website
www.hakimgroup.co.uk/
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Hakim Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Hakim Group | - | ||||||||
| Add-on | Completed | Urquhart Opticians | - | ||||||||
| Growth | Completed | Hakim Group | - |
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