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Reliance Global Group sells Altruis Benefit Consulting for $8 million, plus up to $1 million earnout

PUBT·10/05/2026 21:29:04
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Reliance Global Group sells Altruis Benefit Consulting for $8 million, plus up to $1 million earnout
  • Reliance Global Group sold substantially all assets of Altruis Benefit Consulting for an USD 8 million cash purchase price.
  • Transaction closed on Sept. 23, 2026.
  • Buyer paid a USD 3.1 million secured promissory note in full on Sept. 30, 2026.
  • Up to USD 1 million earnout may be paid over three years, tied to annual revenue growth.
  • Buyer is holding USD 461,729 for indemnity and working-capital holdbacks.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reliance Global Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-045782), on October 05, 2026, and is solely responsible for the information contained therein.