SUNRISE, Fla. (May 6, 2017) – Tralongo, LLC, a Florida-based firm specializing in dental practice acquisitions, signed its first official alliance partnership in the state of Ohio. The agreement will assist the firm’s newest alliance partner in creating and growing a network of dental practices across northeast Ohio.
“Ohio is the seventh most populous state in the nation and we are excited to finally be entering that market,” said Dr. Ken Tralongo, Tralongo’s founder and CEO. “Not only are we continuing to grow at a rapid rate, this further solidifies the fact that our proven systems can be adapted to any market, regardless of size.”
The firm’s newest partner comes with more than 20 years of experience, specializing in root canal therapy. This partnership comes as the firm continues to aggressively expand in 2017, signing 10 new strategic alliance partner agreements with seven more signing letters of intent. In addition, Tralongo recently completed a $55 million capital raise and closed 2016 generating $88 million in revenue. The company continues to see record breaking attendance at its discovery day events and recently doubled the size of its corporate headquarters to accommodate the rapid growth.
Tralongo partners with entrepreneurial dentists who are looking to grow their businesses by acquiring and operating multiple practices—taking professionals out of the chair and into management and ownership.
“We look forward to assisting our newest partner in reaching their goal of acquiring more practices creating an impactful dental group throughout northeast Ohio,” added Tralongo. “Our goal is to help our partners maximize the value of their current practices, while providing back office systems that they can scale as they acquire additional practices.”
Tralongo is comprised of a team of dental, marketing, financial and business professionals and operates via a five-step process that:
- Trains partners
- Helps them find the right dental practices to acquire
- Assists in obtaining the appropriate financing
- Works with them during the transition from old to new ownership
- Helps maintain operational support throughout to maximize profits
About Tralongo, LLC
Headquartered in Sunrise, Florida, 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 more than 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, performing 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 855-339-3740 or visit tralongo.net.