Burlington, ON June 16, 2020 / – Newlook Capital Inc. (“Newlook”) is pleased to announce that Newlook’s platform of dental clinics (“Dentalook”) has completed an investment in an additional practice, Gateway Dental, located in North Bay, Ontario.
North Bay is an economically diverse city with a vibrant cultural community and an attractive ratio of dental practitioners per capita (1:1,983). Gateway Dental is strategically situated in a high traffic volume area and is surrounded by a diverse mix of residential, commercial, retail, and industrial tenants.
Newlook’s Chief Investment Officer, Abbas Osman, notes “We are very pleased to have officially added our 12th practice to our portfolio of dental clinics in the Dental Fund. We believe that the acquisition complements our existing portfolio as Gateway Dental has exceptional staff, over 2,000 patients and state of the art dental equipment.”
“We are very excited about our investment in Gateway Dental,” adds Elroy Gust, Newlook’s President and Chief Executive Officer. “The teams at both Dentalook and Newlook are excited to get started on the business development and growth goals”.