Reliance Global Group Sells Altruis Employee Benefits Business for $8 Million to Altruis Benefit Management
Reliance Global Group completed the sale of its Altruis employee benefits insurance agency business for $8.0 million to Altruis Benefit Management. The consideration included $4.44 million in cash, a $3.10 million secured note due Sep 30, 2026, $300,000 indemnity and $161,729 working capital holdba…