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Reliance Global Group sells Southwestern Montana Insurance Center for USD 2.63 million cash plus earnout

PUBT·09/16/2026 13:02:37
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Reliance Global Group sells Southwestern Montana Insurance Center for USD 2.63 million cash plus earnout
  • Reliance Global Group sold its Southwestern Montana Insurance Center unit for USD 2.63 million cash at closing.
  • Deal includes an uncapped earnout tied to EBITDA for the 12 months ending Aug. 31, 2027.
  • Transaction closed Sept. 11, 2026, effective Sept. 1, 2026; no shares were issued.
  • Pricing was based on 8.75x pro forma EBITDA of USD 300,000.
  • Proceeds support balance sheet flexibility, investment in the RELI Exchange AI platform, growth initiatives, term debt repayment.


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: 0001493152-26-042846), on September 16, 2026, and is solely responsible for the information contained therein.