Burlington, ON March 29, 2023 / – Newlook Capital Inc. (“Newlook”) is pleased to announce that Newlook’s platform of dental clinics (“Dentalook”) has completed an investment in an additional practice located in Toronto, Ontario. The transaction closed on March 21, 2023.
The practice serves the North York community with robust and comprehensive modern dental treatment options. North York is the multicultural hub of Toronto and boasts an estimated population of over 800,000 residents. This location further solidifies a dominant presence in the Toronto market.
“With a strategic acquisition approach and industry-leading operational capability, we are happy to announce another key addition to our portfolio of dental practices,” said Elroy Gust, Newlook’s Chief Executive Officer.
“We started with a strong footprint in Saskatchewan and diversified our portfolio by focusing on the opportunities in Ontario and Alberta. The teams at both Dentalook and Newlook are thrilled to expand our market presence and service offering in the Greater Toronto Area,” notes Abbas Osman, Newlook’s Chief Investment Officer.
ABOUT NEWLOOK CAPITAL INC.
Newlook Capital is a private equity firm that currently manages 2 industry-specialized funds. Each fund has its own focused, experienced, and aligned management, and a defined strategy. Investing throughout Canada and the U.S. with a preference for companies that exhibit a solid tangible assets base, Newlook Capital is focused on and current holdings include; industrial services in Canada and the U.S., dental practices, and QSR in Canada. Newlook Capital Inc. took the initiative to establish Newlook Industrial Services II LP and manages the fund. This press release is for informational purposes only and should constitute nor be taken as a offer or solicitation to buy or sell securities.
www.newlookcapital.com
Please direct any questions or requests for information to:
Colin McCoy
colin@newlookcapital.com
