M&A Deal Summary

Reliance Global Group Acquires Barra & Associates

On April 27, 2022, Reliance Global Group acquired insurance company Barra & Associates for 8M USD

Acquisition Highlights
  • This is Reliance Global Group’s 3rd transaction in the Insurance sector.
  • This is Reliance Global Group’s largest (disclosed) transaction.
  • This is Reliance Global Group’s 4th transaction in the United States.
  • This is Reliance Global Group’s 1st transaction in Illinois.

M&A Deal Summary
Date 2022-04-27
Target Barra & Associates
Sector Insurance
Buyer(s) Reliance Global Group
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

Barra & Associates

Schaumburg, Illinois, United States
Barra & Associates is a provider of both personal and commercial insurance products, including property and casualty insurance, life insurance, health insurance, and other insurance products. Barra & Associates was formed in 2004 and is based in Schaumburg, Illinois.

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Buyer(S) 1

Buyer

Reliance Global Group

Lakewood, New Jersey, United States
Category Company
Founded 2013
Sector Insurance
Employees67
Revenue 14M USD (2023)
DESCRIPTION

Reliance Global Group is a provider of insurance services. Reliance Global Group was founded in 2013 and is based in Lakewood, New Jersey.

DEAL STATS #
Overall 4 of 4
Sector (Insurance) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (Illinois) 1 of 1
Country (United States) 4 of 4
Year (2022) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-22 T65 Healthcare

Boca Raton, Florida, United States

T65 Healthcare is an insurance brokerage company specializing in Medicare supplement insurance. T65 Healthcare is based in Boca Raton, Florida.

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