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Newlook Capital Dental Services Trust Fund Webinar Recording

  • Newlook Capital Dental Services Trust Fund Webinar Recording

About Newlook Capital

Newlook Capital is a private equity firm that currently manages two industry-specialized funds. Each fund has its own focused, experienced, and aligned management, and a defined strategy.
Newlook Capital has established Newlook Capital Dental Services Trust (“Dental Fund”), which allows investors to purchase trust units of the Dental Fund. The Dental Fund uses proceeds from the issuance of trust units to purchase 9% secured debentures of Dentalook. Dentalook uses proceeds from the issuance of debentures to finance the acquisition of dental clinics. Dentalook is a multi-city, multi-clinic group of practices operating in Saskatchewan and Ontario. Our operating partner, Dr. Said Mazahreh, DDS (“Dr. Sam”) has experience growing and acquiring practices. As of December 31, 2021, Dentalook owns and operates 19 dental clinics.
The Newlook Dental Fund has been created to provide a unique opportunity for Canadians to participate in a dental roll up strategy across Canada providing a targeted 9% preferred annual return to our unit holders.

Investment Thesis

Management believes that dental operations are a consistent and stable source of revenue based on historical data from the dental industry. Dentistry has high net margins relative to other industries operating in the healthcare space, which, in management’s opinion, has an ability to convert profits into cash flow. A fund comprised of investments in several well-managed clinics can be an attractive component within a larger portfolio of investments.

Webinar Recording

Structure of the Offering

– Website: www.newlookcapital.com
– Distribution: Target 9% annual distribution, payable quarterly (as income)
– Minimum investment: $10,000
– Target offering: $120 million
– Eligibility: Qualified under the Income Tax Act for registered plans (RRSP, RRIF, RDSP, RESP and TFSA)
– Investment Term: Five-year term with two one-year extension options (at the discretion of Dentalook)