DAVIE, Fl. – July 13, 2015 – Transition Whale, a leading dental practice acquisition specialist, recently oversaw the sale of Texas dental practice group Southern Dental Associates. Under the terms of the agreement, Transition Whale assisted the brand and its president, Dr. David Lewis, sell nine existing locations to Atlanta-based Tralongo LLC.
“The Texas dentistry community is huge, making our services in buying and selling practices a major asset to individuals looking to transition in and out of the dental industry,” said Scott Mortier, Transition Whale’s vice president of business development. “Our main objective is pairing the perfect buyers with our clients’ practices, allowing them to comfortably transition to the next phase of their lives with confidence.”
Established in 1957 with three locations, Dr. Lewis joined Southern Dental Associates in 1972 and, since then, has been the catalyst for the group to triple its size. When the time came to plan an exit strategy, Dr. Lewis met with Transition Whale for assistance in finding new owners for his practice. The company’s unique approach to the acquisition and resale process is fully-encompassing – including identifying potential buyers, managing negotiations and finalizing sales. Each of Southern Dental Associates’ nine greater Houston locations have been acquired by Tralongo, a company that specializes in purchasing individual dental practices without losing the office’s identity and autonomy.
“Dr. Lewis, like many of the dentists we work with, was looking to take a step back from the daily grind of dental practice management and hoped to gain more time with his loved ones,” said Mortier. “Throughout the acquisition process, Transition Whale works closely with our clients, moving at their pace and ensuring the sale proceeds seamlessly.”
By only bringing pre-approved, reputable buyers to the table, Transition Whale effectively eliminates time-consuming screening and approval functions that often bring deals to a halt. Working efficiently to garner the best results for their clients, the firm helps close on the sale of practices in a reasonable amount of time, in some cases as quickly as 90 days.
To find out more about Transition Whale, visit www.transitionwhale.com.
About Transition Whale
Transition Whale, founded in 2013, is an industry-leading dental practice acquisition specialist, focusing on helping physicians develop a retirement plan or exit strategy from their practices. Lauded for their efficient approach to the acquisition process, Transition Whale handles every aspect of the acquisition process from start to finish — including identifying potential buyers, managing negotiations, overseeing deals and finalizing sales. For more information, visit www.transitionwhale.com or call 888-964-9173.