Burlington, ON August 11, 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 Woodbridge, Ontario. The transaction closed on August 10, 2023.
Woodbridge’s growing population and thriving economy have created a strong demand for healthcare services. Woodbridge’s reputation for family-oriented living aligns well with dental care needs, attracting families and individuals who prioritize their oral health. Moreover, the proximity to Toronto ensures access to a diverse and expansive patient pool.
“With a strategic acquisition approach and industry-leading operational capability, we are happy to announce that we have added a 30th dental practice to our portfolio,” 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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