Burlington, ON October 12, 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 at 964 ½ Bloor Street West Toronto, ON M6H 1L6. The transaction closed on October 11, 2023.
Bloor Street in Toronto is a bustling commercial and residential area, attracting a diverse and affluent clientele. With its proximity to upscale neighbourhoods and business districts, the clinic can tap into a steady stream of potential patients, ranging from professionals to families seeking quality dental care. Additionally, being situated in a prominent location enhances the clinic’s visibility and credibility, making it more accessible and appealing to the local community.
“With a strategic acquisition approach and industry-leading operational capability, we are happy to announce that we have added a 31st dental practice,” 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 province of Ontario,” notes Abbas Osman, Newlook’s Chief Investment Officer.
ABOUT NEWLOOK CAPITAL INC.
Newlook Capital Inc. is a private equity firm that currently manages Newlook Dental Services Trust and Newlook Industrial and Infrastructure Services Fund I, II and III. Led by dedicated, experienced and aligned management teams, the firm’s current portfolio includes industrial services in Canada and the US and dental practices exclusively in Canada. Newlook Capital’s commitment to specialization and strategic alignment drives its success in identifying and nurturing opportunities within these sectors across North America. This press release is for information only and does not constitute, nor should it be construed as, an offer to sell or a solicitation to buy any securities. For more information, visit www.newlookcapital.com.
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