Kingston Laser Clinic

Kingston Laser Cosmetic Clinic (“Kingston Laser”)  is the latest cosmetic clinic to join FYidoctors expanding network of aesthetics clinics in Canada.  The acquisition marks FYidoctors’ first aesthetic medicine clinic in the Province of Ontario.  11 previous aesthetics acquisitions have been announced by the company, all of which were located in Western Canada.

Kingston Laser Cosmetic Clinic provides  non-surgical rejuvenation, skin care, and aesthetic treatments in the area.  Drs. Kerri Hoffman and Diane MacGillis, both Medical Doctors specializing in Laser & Cosmetic Medicine, founded the clinic in 1998.    along with a team of professionals a team of dedicated professionals who are committed to providing exceptional care and personalized service to the clinic’s patients.

“We’re excited about our new partnership with FYidoctors, who share the same values and standards of excellence as Kingston Laser,” shares Dr. Hoffman. “While this is an opportunity for growth, we’re also connecting with leading aesthetic medicine clinics from across the country and integrating with one of Canada’s most trusted, doctor-led, organizations. We are enthused to enhance the quality of care we are able to provide to our patients.”

“As the aesthetic medicine industry in Canada continues to experience exponential growth, we are excited to bring doctor-led treatments into communities across the nation,” said Dr. Alan Ulsifer, CEO and Chairman of FYidoctors.

Dr. MacGillis received both her undergraduate Degree in Life Sciences and Medical Degree from Queen’s University in Kingston and has since received extensive training and certifications in laser and cosmetic medicine. Dr. Hoffman completed her undergraduate Degree in Life Sciences at Queen’s University and her Medical Degree at the University of Ottawa.

Kingston Laser is an active supporter of non-profits and community-led groups which will continue through FYidoctors’ own Enhancing Life Foundation. Past recipients over the last two decades include local sports organizations and the United Way. Kingston Laser have also been the proud recipients of the Kingston Chamber of Commerce Business of the Year Award, and the Consumer’s Choice Award.

View the original Press release Here.


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It’s been just over one year since COVID-19 interrupted life as we know it casting uncertainty on practice valuations in all health care sectors.  How has optometry held up over this period?   Jackie Joachim offers her perspective in conversation with Dr. Glen Chiasson based upon real-world experience.


Jackie Joachim, COO ROI Corp

About the Guest

Jackie Joachim is the Chief Operating officer for ROI Coporation. ROI specializes in assisting healthcare professionals in the Optometry, Dental and Veterinary spaces appraise and sell / transition their practices.



Episode Notes

Optometrist practice and health professional practices in general have proven to be resilient in the face of economic downturns in the past.  Jackie Joachim shares her experiences on practice valuations, transactions occuring during the pandemic and outlook with podcast host, Dr. Glen Chiasson.

Jackie offers an insightful perspective on how the pandemic effects the perspectives of sellers, buyers and, importantly  bankers, who fund the transactions.

She explains why and how practice valuations take into account the historical performance of a practice  – pandemic notwithstanding.

The key question addressed: Is now a good time to sell?



Dr. Glen Chiasson

Dr. Glen Chiasson

Dr. Glen Chiasson is a 1995 graduate of the University of Waterloo School of Optometry. He owns and manages two practices in Toronto. In 2009, he co-hosted a podcast produced for colleagues in eye care, the “International Optometry Podcast”. He is a moderator of the Canadian Optometry Group, an email forum for Canadian optometrists. As  a host of  “Eyes Wide Open”, Glenn  looks forward to exploring new new technologies and services for eye care professionals.

Dr. Chiasson enjoys tennis, hockey, and reading. He lives in Toronto with his wife and two sons.

Dr. Chiasson splits EWO podcast hosting duties with Roxanne Arnal.


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The all cash transaction taking New Look Vision Group private announced on March 18th was finalized on June 6th.  Under the deal, FFL Partners (FFL), a San Francisco-based private equity firm, Caisse de dépôt et placement du Québec (CDPQ), a global investment group, and the Dr. H. Doug Barnes Family acquired all of the outstanding Class A common shares of the Company  for $50.00 in cash per Share.

Shares of New Look Vision were delisted from the Toronto Stock Exchange (the “TSX”) as of  May 28, 2021 end of day,  removing the company from public trading, a move which New Look management referred to as a kind of “freedom day’ for the company.

FFL has a strong track record of investing in and building leading eyecare and optical retail businesses, including Eyemart Express, the second largest independent, value-focused optical retailer in the U.S.; and EyeCare Partners; one of the leading vision care providers and a former portfolio company of FFL.

New Look had previously (2019) entered the US market with the acquisition of twelve Edward Beiner banner stores in Florida, marking the first Canadian-based optical acquisition of significance in the US market.

Strong Q1 Posts Gains over prior quarter
As a backdrop to the acquisition, New Look reported strong financials for the period ending March 31.  Adjusted net earnings increased by 69.3 percent compared to the prior quarter and cash flows related to operating activities reached $16.6 million, an increase of 126.2 percent.

New Look continued to pursue its significant acquisitions in Canada and the U.S., acquired 15 stores in the quarter.

President and CEO Antoine Amiel, stated, “New Look Vision showed remarkable resilience this past quarter and year to overcome unprecedented challenges driven by the COVID-19 pandemic and ongoing market headwinds. Despite closures and disruptions in the first half of 2020, New Look Vision continued to execute on its strategy and delivered strong results for the fourth quarter of fiscal 2020.”

Related Posts: 

Dr. Daryan Angle discusses Aquistion with EWO Podcast Host Dr. Glen Chiasson.

View the Full Optik Interview with Antoine Amiel in Optik Magazine

New Look Vision Group Regains its Freedom 


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