Burlington, ON May 19, 2021 / – 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 (“Sherbourne Dental Associates”). The transaction closed on May 19, 2021.
The practice is located across from the subway station on the corner of Bloor Street and Sherbourne Street and has operated in Toronto since 2007.
Newlook’s Chief Investment Officer, Abbas Osman, notes “We are very pleased to have officially added our 15th practice to our portfolio of dental clinics in the Dental Fund. Sherbourne Dental Associates has over 1,200 patients and three operatories.”
“We are very proud to be one of the only offerings that provide retail investors an opportunity to invest in the Canadian dental industry,” adds Elroy Gust, Newlook’s Chief Executive Officer. “The teams at both Dentalook and Newlook are thrilled to be onboard, helping the new clinic with their business development and growth goals and seeking continued growth and success for Dentalook and all of its portfolio clinics.”