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Reliance Global Group Closes Sale of Fortman Insurance for $5 Million in Cash
Globenewswireยท 2025-07-08 12:30
The Company also reaffirmed its expectation that the acquisition of Spetner Associates, Inc. ("Spetner") will be completed. Spetner has built significant momentum in recent years, with consistent growth and healthy cash flow contributions across its operations. The transaction is expected to complement Reliance's existing business model and align with its OneFirm strategy, creating opportunities to expand operational scale and drive long- term value. Proceeds to further solidify balance sheet as Company adv ...