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Reliance Global Group has finalized the sale of its subsidiary, Altruis Benefit Consulting, for an initial payment of $8 million in cash. The deal also includes potential additional earnings of up to $1 million.
Reliance Global Group sold substantially all assets of Altruis Benefit Consulting for an USD 8 million cash purchase price, which closed on Sept. 23, 2026. Buyer paid a USD 3.1 million secured promissory note on Sept. 30, 2026. Up to USD 1 million earnout may be paid over three years, tied to annual revenue growth.
Reliance Global Group, Inc. completed the sale of Altruis Benefit Consulting for $8 million in cash, plus up to $1 million earnout over three years.