Written by Dentistry Today Thursday, 06 February 2014 16:05
ATLANTA, Ga. – February 04, 2014 – Tralongo LLC, an Atlanta-based firm that specializes in dental practice acquisitions, announced today it has entered a development agreement with Dr. Glen R. Miller, D.D.S. for the acquisition of 10 dental offices in the Virginia market -and areas of Maryland and Washington D.C.- over the next three years.
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.
Originally from California, Dr. Miller moved to the Commonwealth 15 years ago and currently owns two full-service dental practices. His practices have been servicing the communities of Alexandria and Bridgewater for the past four years with great success, providing a wide scope of oral healthcare services, including oral surgery, orthodontic care and implants.
“Virginia presents great opportunities to operate a profitable practice,” said Dr. Miller. “This is an ideal market for expansion due to its great demand for dental services, growing population and its positive business climate.”
“Dr. Miller is a perfect example of the growing need among thriving dentists to get out of the chair and take their business to the next level,” added Dr. Ken Tralongo, CEO of Tralongo LLC. “We are confident that his expansion will be very successful. In addition, his experience, commitment and love for this industry mean he is an ideal partner for us. ”
Tralongo LLC created a proven system to identify, operate and increase profits in dental offices. Achieving great success last year, the firm began 2013 with revenues of about $20 million and is expected to reach $50 million in revenues by the end of the first quarter of 2014.
The firm’s five-step process consists of providing clients 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 doctors to continue operating the new offices to maximize the profit.
Growth through strategic acquisitions offers great benefits to dentists who are interested in rapidly increasing their customer base and adding new markets to their practice.
“I am excited to be working with Tralongo,” said Dr. Miller. “Its reputation and its remarkable track record of success make it a great firm to partner with. I am looking forward to working with them and building a practice that is even stronger. ”