ATLANTA, Ga.—May 20th, 2014—Tralongo LLC, an Atlanta-based firm that specializes in dental practice acquisitions, announced today it has entered a development agreement with Dr. Vladimir Reznikov, founder of Glen Periodontics and Implant Dentistry, for the acquisition of existing dental practices in Chicago.
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. The company, which developed a proven system to identify, operate and increase profits in dental offices, has been rapidly growing across the U.S.— recently reaching collective revenue of $50 million.
Created in 2013, Tralongo LLC’s five-step process consists of providing partners 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 dentists to continue operating the new offices to maximize the profit.
For the past 16 years, Reznikov has been practicing periodontics and dental implant care in the greater Chicago area. The scope of his current dental practice includes advanced periodontal treatment, cosmetic periodontics and the placement of dental implants.
“Despite being very competitive, the Chicago market offers great opportunities for growth,” said Reznikov. “The local economy continues to improve at a steady pace. The time to expand is now and with the support of Tralongo LLC, I am confident my business will not only continue to flourish, but also grow exponentially.”
Referred to as the “Hottest Urban Center in the U.S.” by Crain’s Chicago Business, Chicago’s business economy is quickly escalating after welcoming 217 new and expanding businesses in 2013—a third of the region’s total, according to World Business Chicago’s (WBC) business growth profile.
“We are delighted to welcome Dr. Reznikov to the Tralongo family,” said Dr. Ken Tralongo, CEO of Tralongo LLC. “He brings a significant amount of experience as a leader in the dental profession and we look forward to our partnership in building an exceptional company that we can all be proud of while helping him make the most of a thriving industry.”
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 visitwww.tralongo.net