Burlington, ON December 13, 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 Barrie, Ontario. The transaction closed on December 7, 2021.
The practice has been serving the Barrie community for over 20 years. The Clinic is situated in a high traffic retail plaza off the main street of Mapleview Drive. The city of Barrie is within the northern part of the Greater Golden Horseshoe and maintains a small town feeling while being one of the fastest growing urban areas in Canada, with an estimated population of 215,000 residents.
“We are very proud to be one of the only offerings that provide retail investors an opportunity to invest privately in the Canadian dental industry,” 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. The teams at both Dentalook and Newlook are thrilled to expand our market presence and service offering in Ontario and more specifically the city of Barrie, ” notes Abbas Osman, Newlook’s Chief Investment Officer.