Reliance Global Group sells Southwestern Montana Insurance Center for USD 2.63 million cash plus earnout
RELI•Use of proceeds
Proceeds support balance sheet flexibility, investment in the RELI Exchange AI platform, growth initiatives and term debt repayment.
Transaction terms and timing
The 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.
Sale of Southwestern Montana Insurance Center
Reliance Global Group sold its Southwestern Montana Insurance Center unit for USD 2.63 million cash at closing.
The deal includes an uncapped earnout tied to EBITDA for the 12 months ending Aug. 31, 2027.
