Overview
Hakim Group is the largest network of independent opticians and audiologists in the UK and Ireland. It uses a joint venture model that acquires a majority stake in practices while the original owners keep a minority share and continue to manage, letting each practice keep its brand and community focus. The group provides centralized back-office support—procurement, finance, accounting, IT, technical support, HR, and training—so clinicians can concentrate on eye and hearing care, with revenue coming from these shared services. Its goal is to grow its network, scale its support platform, and improve efficiency and patient care across the optical and audiology sectors.
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Simplify's take
What believers are saying
- Hakim Group won North West Large Business of the Year on November 5, 2026.
- It hosted an inaugural SharkTank in Scotland, signaling active acquisition pipeline development.
- Budget commentary on November 4, 2026 shows management pushing community-care reimbursement reforms.
What critics are saying
- April 2027 wage hikes squeeze margins across 3,000 employees and 600 practices.
- The JV model depends on partner-owner trust; autonomy disputes trigger exits.
- NHS funding pressure and high-street weakness can break the support-services revenue engine.
What makes Hakim Group unique
- Hakim Group runs 600 independent practices while preserving local brands and owner control.
- Its centralized back office handles procurement, finance, IT, HR, and training.
- Deloitte named Hakim Group a UK Best Managed Company in 2026.
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