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.
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.