Reliance Global Group sells Southwestern Montana Insurance Center and Altruis Benefit Consulting
EZRA•Reliance Global Group sold Southwestern Montana Insurance Center on Sept. 11, 2026, for about $1.2 million and Altruis Benefit Consulting on Sept. 24 for about $2.2 million. The proceeds, along with about $1 million in cash collateral, went toward repaying a $4.4 million term loan, leaving the group with more than $6 million in cash.
1. Unit sales and loan payoff
Reliance Global Group sold Southwestern Montana Insurance Center on Sept. 11, 2026, generating about $1.2 million in proceeds. The company sold Altruis Benefit Consulting on Sept. 24, contributing about $2.2 million toward retiring a $4.4 million term loan. Roughly $1 million of cash collateral was also applied to the payoff, leaving the group with more than $6 million in cash.
