Burlington, ON March 24, 2022 / – 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 Burlington, Ontario. The transaction closed on March 22, 2022.
The practice was established in 1973 and has been serving the Burlington community for over 40 years. The Clinic is situated in a high traffic retail plaza off the main road of Fairview Street. The city of Burlington is one of the fastest growing urban areas in Canada, with an estimated population of 205,960 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 Burlington,” notes Abbas Osman, Newlook’s Chief Investment Officer.