Reliance Global Group has finalized the sale of its subsidiaries, Employee Benefits Solutions, LLC and U.S. Benefits Alliance, LLC, two non-core agencies based in Cadillac, Michigan. The company stated that this move is part of its broader strategy to focus on higher-return opportunities and to strengthen its balance sheet. Half of the net proceeds from the sale will be used to reduce long-term debt, which has already been cut by more than 50% in 2025, while the remainder will be reinvested into core business platforms, including RELI Exchange and 5minuteinsure.com. Strategic elements from the sold businesses that align with Reliance's technology-forward approach remain integrated into the company’s core operations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reliance Global Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9617290-en) on December 29, 2025, and is solely responsible for the information contained therein.
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