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Reliance Global Group, Inc. has completed the sale of Altruis Benefit Consulting for $8 million in cash, plus up to $1 million in an earnout. This marks the second non-core agency sale this September as part of the company's portfolio monetization strategy.
Reliance Global Group said it completed the sale of Altruis Benefit Consulting for $8 million in cash plus up to $1 million earnout.
Reliance Global Group says it completed the sale of its Southwestern Montana Insurance Center for $2.625 million in cash at closing, plus an uncapped earnout, following a previously announced pending sale of Altruis Benefit Consulting.