Company’s Growth Benefits Dental Practices’ Bottom Line
ATLANTA, Ga.—May 8, 2014— Tralongo LLC, an Atlanta-based firm that specializes in dental practice acquisitions, announced today it has reached $50 million in collective revenue. The company, which was created about a year ago, has been rapidly growing across the country— with collective revenue soaring from $20 million in early 2013.
Since January 2014, the company has signed development agreements with dentists in California, Connecticut, Georgia, Illinois, Texas, Virginia, Washington and Wisconsin.
With more than 90 years of combined experience in dental management and acquisitions, Tralongo LLC partners with entrepreneurial dentists who are looking to build a multi-million dollar company by acquiring and operating multiple practices. The company, which works with dentists to acquire individual dental offices in their respective markets, provides its partners with access to its proprietary system and network.
“Without a doubt, this is an important benchmark for us,” said Dr. Ken Tralongo, CEO of Tralongo LLC. “We not only offer a pretty unique business opportunity to dentists, but also one with tremendous potential for success. Unlike other dental companies, we don’t look to own any stake in the practices of the dentists we partner with. We are only interested in working and growing together. As a matter of fact, our numbers reflect how well this concept has been received in the dental world and show no sign of slowing down.”
Tralongo LLC, which is expected to achieve its $80 million mark by end of the year, developed a proven system to identify, operate and increase profits in dental practices. Its 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.
The company has also been able to drive more revenue to its partners’ bottom line through its economies of scale. As Tralongo LLC grows, it has renegotiated with vendors to set new contracts at better pricing. Some of the costs have been reduced significantly — an average of 25 to 35 percent in supplies alone.
“The moment to join Tralongo LLC is now,” added Tralongo. “We are always looking for dentists who are interested in getting out of the chair and gaining more out of their dental careers. We are the next level of dentistry.”
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 practice 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 offices. 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 visit www.tralongo.net