Burlington, ON August 11, 2021 / – Newlook Capital Inc. (“Newlook”) is pleased to announce that Newlook’s platform of dental clinics (“Dentalook”) has completed an investment in additional practices located in Barrie, Ontario (“Georgian Dental Barrie”) and Orillia, Ontario (“Georgian Dental Orillia”). The transactions closed on August 6, 2021.
The practices have been serving the Barrie and Orillia communities for 14 and 21 years, respectively. Georgian Dental Barrie is located in the heart of Barrie’s downtown near beautiful Queen’s Park and Georgian Dental Orillia is located within walking distance from Lakehead University’s campus. The cities of Barrie and Orillia have a combined growing population of greater than 180,000 residents.
“We are very proud to be one of the only offerings that provide retail investors an opportunity to invest in the Canadian dental industry,” said Elroy Gust, Newlook’s Chief Executive Officer.
“The teams at both Dentalook and Newlook are thrilled to be onboard with Georgian Dental Barrie and Georgian Dental Orillia, helping the clinics with their business development and growth goals and seeking continued growth and success for Dentalook and its portfolio of dental clinics, ” notes Abbas Osman, Newlook’s Chief Investment Officer.