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Hakim Group welcomes new private equity investor

ICG has joined Hakim Group as its second private equity partner, in a move that will see further investment in teams and technology

Imran Hakim at the Hakim Group Annual Retreat 2024
Hakim Group

Hakim Group has welcomed Intermediate Capital Group (ICG) as a private equity investor.

ICG is the organisation’s second private equity partner, after it joined with All Seas Capital five years ago.

The new partnership will help Hakim Group in its mission to serve more communities across the UK, the organisation said.

Hakim Group added that the ICG partnership will “support the group’s vision and growth ambitions.”

It is expected that the partnership will allow for new investment into Hakim Group’s teams, as well as into technology and innovation, whilst helping the organisation fulfil its Vision2030 strategy.

Imran Hakim, chief executive of Hakim Group, said: “Our approach at every level is about partnership. Whether it be our practice partners, our suppliers, or our patients, we’re building on a foundation of trust, purpose, and performance, with the tools to move faster and further towards our long-term goals.

“This latest partnership strengthens our commitment to independent optometry, professional excellence, and making a positive impact across the optical sector, as well as within our local communities, whilst helping more people to see better, hear better, and live better.”

Hakim added: “This is an important milestone on our journey and a signal of ICG’s confidence in our vision, model, culture and team.”

Lead image: Imran Hakim at the Hakim Group Annual Retreat 2024