National Dental Practice Acquisitions Firm Makes Several Key Hires and Completes $55 Million Capital Raise
SUNRISE, Fla. – January 16, 2017 – Tralongo, LLC, a Florida-based firm specializing in dental practice acquisitions, has finished 2016 with significant growth momentum. Founded in 2013, the firm has expanded its strategic alliance partner roster to 44 doctors across 71 offices, generating $88 million in revenue. Tralongo has also launched its new education and training program, called Tralongo University, which involves an app that is designed to facilitate professional development among Tralongo’s alliance partners and their staff.
“2016 has been the most pivotal year for our firm thus far,” said Dr. Ken Tralongo, founder of Tralongo. “We’ve launched a new world-class online education program with Tralongo University, completed a $55 million capital raise, seen record attendance at our brand discovery days and hired the right people to help us better serve our partners and put us the best track to achieve our growth vision.”
Along with growing its partner-base, the firm had some internal staff additions in 2016. The hiring of new executive members include, Chief Finance Officer Brian LaBasco and Chief Legal Officer Eric Mason, who have all factored into helping the company execute its main operational objective more efficiently.
“We’ve put the right people in place to guide our alliance partners and aid our company growth,” said Tralongo. “They played a crucial part in our recent debt and equity financing, helping us reach our goal of $55 million in capital and putting us on track to become the most successful DSO and DPMO in the United States.”
Tralongo has made a name for itself by partnering 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.
About Tralongo, LLC
Headquartered in Atlanta, Georgia, Tralongo, LLC, is a dental practice acquisitions 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 678-288-4712 or visit tralongo.net.