ATLANTA, Ga—March 20th, 2014—Tralongo LLC, an Atlanta-based firm that specializes in dental practice acquisitions, announced today it has entered a development agreement with a second Atlanta dentist. The new dentist is expected to acquire three dental practices by 2019, with an estimated combined revenue of $4 million.
With more than 90 years of combined experience in dental management and acquisitions, Tralongo LLC partners with entrepreneurial dentists who are looking to grow their business by acquiring and operating multiple practices. Dr. Ken Tralongo, CEO of Tralongo LLC, who has been acquiring and merging dental practices since 1992, has created a proven system to identify, operate and increase profits in dental offices.
Originally from Maryland, Tralongo’s new dentist partner is confident this is the right time to start acquiring multiple practices as the dental industry continues to expand day by day and that Atlanta is the right place to do so.
Dentists recently ranked No. 3 on U.S. News’ list of Best Jobs of 2014 and secured the top position of Best Health Care Jobs. The Bureau of Labor Statistics predicted employment growth of nearly 16 percent between 2012 and 2022, with more than 23,000 new openings.
Achieving great success last year, Tralongo LLC began 2013 with revenues of about $20 million and is expected to reach $80 million in revenues by the end of 2014.
The firm’s five-step process consists of providing clients with a training course, finding the right dental practices to acquire, obtaining the appropriate financing, assisting with the transition from the old ownership to the new owner and working with the doctors to continue operating the new offices to maximize the profit.
“We are thrilled to work with a second Atlanta dentist,” said Dr. Tralongo. “We are confident that together we will be able to build a strong network of patient-oriented dental practices and have a successful partnership.”
About Tralongo LLC:
Headquartered in Atlanta, Ga., Tralongo LLC is a firm that partners with dentists throughout the United States to help them expand their practices through the acquisition of existing dental offices. With over 90 years of combined experience in dental management as well as dental transitions and acquisitions, the Tralongo team assists clients by finding the practices that meet their criteria, completing the due diligence, obtaining the appropriate financing and ultimately acquiring the office. The firm also provides clients with behind-the-scenes management support, including finance, human resources, marketing and ongoing education. For more information on Tralongo LLC, call 678-288-4712 or visitwww.tralongo.net.