TORONTO, Jan. 27, 2021 /CNW/ - Westmount Park
Investments Inc ("Westmount Park") is
excited to announce it entered into an agreement with Jack
Nathan Medical Corp. (TSXV:JNH) ("Jack Nathan Health" or the
"Company") to support the Company's strategic acquisition
plan.
Under the agreement, Westmount Park will be responsible for
assessing target companies for suitability, negotiating terms, and
conducting due diligence.
A focused acquisitions strategy is an important aspect of Jack
Nathan Health's aggressive growth, which also includes further
organic growth through Walmart expansion and new stand-alone clinic
opportunities. The Company's aim is to provide combined
access to primary care physicians, specialists and lifestyle health
care practitioners, nationally and internationally, thereby
creating a holistic health care experience.
Romeo DiBattista, CEO and
Chairman of Westmount Park Investments stated:
"Westmount Park is excited to
have this opportunity to contribute to the execution of Jack Nathan
Health's expansion giving patients accessible high quality health
care services, both in-person and through connected
technologies. Westmount Park
is working synergistically with Jack
Nathan's leadership team to complete targeted acquisitions
with a defined value proposition for patients and shareholders
alike."
About Westmount Park
Westmount Park is a modern family
office built on a foundation of nearly 50-years of successfully
owning, running, and investing in businesses across several
industries. Westmount Park offers an
evolution in family office structuring, while tapping into an
expansive network of wealth including families of new
Canadians. The company capitalizes on a strong management
team and capable partners to provide a full spectrum of services to
source, assess and execute on investment opportunities to enhance
business value and returns. www.westmountpark.com
About Jack Nathan Health
Jack Nathan Medical Corp., operating as Jack Nathan Health®, is
one of Canada's largest health
care networks. Jack Nathan Health® is an innovative health care
company that is improving access for millions of patients by
co-locating physician and ancillary medical services conveniently
located inside Walmart® stores.
Jack Nathan Health® provides an exceptional level of patient
care, made possible through patient-centric physicians, a variety
of medical services, technology and programs, designed to put
patients first. Our mission is to provide everyone access to the
finest quality retail medical centres, with both in-clinic
physicians and digital telemedicine, so you and your loved ones can
"Live Your Best Life".
Jack Nathan Health® was established in 2006 and continues to
expand its international footprint, delivering exceptional,
state-of-the-art, turn-key medical centres in 76 Walmart locations
across Canada including
British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec, as well as six locations in
Mexico.
For more information,
visit www.jacknathanhealth.com or www.sedar.com
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SOURCE Westmount Parks Investments Inc.