National Dental Practice Acquisitions Firm is Helping More Dentists Acquire Practices Than It Did in 2016
SUNRISE, Fla. – July 12, 2017 – Tralongo, LLC, a Florida-based firm specializing in dental practice acquisitions, saw robust growth in the second quarter by adding additional six dentists to its roster of Strategic Alliance Partners (SAP). The 16 signings in first and second quarter surpassed the number of SAPs signed in all of 2016. Additionally, Tralongo has already received and additional 4 letters of intent from dentists planning to sign with the firm in third quarter. The extraordinary growth is an indicator of the demand among dentists for Tralongo’s services.
“We are on pace to have a record-setting year in terms of the number of SAPs we sign,” said Dr. Ken Tralongo, founder and CEO of Tralongo. “The groundwork we laid last year with the $55 million capital raise, which has allowed us to direct more funds into acquiring practices, is paying off as more and more entrepreneurial dentists continue to seek our help.”
Because of the influx of dentists partnering with Tralongo, the firm is seeing record numbers of attendees at its Discovery Days and has had to schedule nine Discovery Day events in Atlanta and Sunrise in Q3 – the most ever in a quarter. Tralongo also added 17,000 square feet of office space to its headquarters in Sunrise and hired several employees to help meet demand from the nation’s entrepreneurial dentists seeking to expand their practices.
“Just the fact that we have signed more dentists as SAPs in the first half of 2017 than all the dentists we signed in 2016 is a testament to our achievement and the success of our SAPs,” Tralongo said. “We look forward to helping more dentists expand their services through practice acquisitions.”
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 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.