Burlington, ON May 16, 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 Red Deer, Alberta. The transaction closed on May 12, 2022.
The practice serves the Red Deer community with comprehensive dental services that utilizes the latest technologies. The clinic is situated on 67 Street, a high traffic retail street off of the main road of 59 Avenue and David Thompson Highway. This location marks the 1st acquired clinic in Alberta, further expanding the portfolio of dental practices across Canada.
“With a strategic acquisition approach and industry leading operational capability, we are happy to announce another key addition to our portfolio of dental practices,” 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 Alberta and more specifically the city of Red Deer,” notes Abbas Osman, Newlook’s Chief Investment Officer.