ATLANTA, Ga.—June 10th, 2014—Tralongo LLC, an Atlanta-based firm that specializes in dental practice acquisitions, announced today it has entered a development agreement with Dr. Greg Schwab for the acquisition of at least five dental practices over the next five years in Connecticut. This is Tralongo LLC’s second signed agreement in The Constitution State.
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 and expected to attain $80 million by the end of 2014.
Originally from Connecticut, Schwab lived in Massachusetts and North Carolina for several years, during which time he attended Boston University and Tufts University School of Dental Medicine. He moved back to his hometown in 1999 to become a partner at a dental practice in Stamford, after completing his residency at Pitt County Memorial Hospital in Greenville, N.C.
“For the last couple of years, I have been looking for an opportunity that allows me to make more out my dental career,” said Schwab. “Connecticut has been buffered, to some degree, from the worst effects of the economic downturn. After all, it sits between New York and Boston, which are two of the country’s richest cities. Dental practices can certainly thrive here. So, I am confident this is not only the right time, but also the right place to grow and succeed.”
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.
“We are extremely pleased to have entered an agreement with Dr. Schwab,” said Dr. Ken Tralongo, CEO Tralongo LLC. “His strong background, his insight into Connecticut’s dental industry and his commitment to success make him the perfect partner for us. We welcome him to the Tralongo team.”
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 visit www.tralongo.net.