RELIANCE GLOBAL (EZRA) Sells Montana Insurance Agency for $2.6M in Cash

The InsurTech company closed the sale of Southwestern Montana Insurance Center at 8.75 times pro forma EBITDA, with an uncapped earnout and no dilution.

Share
Reliance Global Group is selling off mature insurance agencies to fund its AI platform.

Reliance Global Group (EZRA) has completed the sale of its Southwestern Montana Insurance Center subsidiary, a Montana-based full-service insurance agency, for $2.625 million in cash at closing plus an uncapped earnout. The deal closed on September 11, 2026, effective as of September 1, and no shares were issued in connection with the transaction.