Reliance Global Group Acquires Medigap Health Insurance Company
December 22, 2021
Reliance Global Group, Inc. (NASDAQ: RELI) entered into a definitive agreement to acquire Medigap Health Insurance Company, an insurance brokerage in Florida specializing in Medicare supplement insurance, in an asset purchase expected to close in early 2022. The transaction, valued at approximately $19.6 million in cash and restricted common stock, is intended to expand Reliance's presence in the Medicare supplement market and leverage operational synergies with its existing portfolio.
- Buyers
- Reliance Global Group, Inc.
- Targets
- Medigap Health Insurance Company
- Industry
- Insurance
- Location
- Florida, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Brookfield Agrees to Acquire Reliance Worldwide Corporation
September 15, 2026
Manufacturing
Brookfield, through Brookfield Capital Partners and with affiliate Brookfield Business Corporation participating, agreed to acquire 100% of Reliance Worldwide Corporation for US$3.38 per share in cash, valuing it at approximately US$2.8–2.9 billion on an enterprise-value basis. The scheme remains subject to shareholder, court, regulatory and other approvals, with implementation expected in the first quarter of 2027.
-
Great American Insurance Group Acquires Radion Health
July 31, 2025
Insurance
Great American Insurance Group has acquired Radion Health, a managing general underwriter (MGU) specializing in medical stop-loss coverage for small and midsize employers. Radion will continue operating under its existing leadership and will be rebranded as Great American Employer Health Solutions to expand Great American's specialty employer health benefits offering.
-
Relation Insurance Services Acquires H Group Benefits, Inc.
June 30, 2024
Insurance
Relation Insurance Services acquired the assets of H Group Benefits, Inc., effective June 30, 2024; terms were not disclosed. H Group Benefits (based in Northbrook, Illinois) will operate as part of Relation’s Employee Benefits consulting practice with David Heller continuing to manage the Northbrook office. Relation is a PE‑backed insurance brokerage (backed by Aquiline Capital Partners) expanding its geographic footprint and benefits capabilities.
-
SG Benefit Providers Acquires Medicare Group USA
May 2, 2024
Insurance
SG Benefit Providers has acquired Medicare Group USA for over $5 million, expanding its portfolio to five insurance companies and materially increasing its scale. The deal, supported by advisor ThinkEquity and a $2 million line of credit from REV Capital, is intended to accelerate SG Benefit Providers' M&A and organic growth strategy and enhance its Medicare-focused capabilities, tech and marketing IP.
-
Medline Industries, LP Acquires United Medco
January 10, 2024
Healthcare Services
Medline Industries, LP has completed the acquisition of United Medco, a national supplemental benefits administrator. The deal expands Medline's Health Plans business by adding United Medco's member engagement capabilities and Coral Springs facility, broadening Medline's supplemental benefit offerings to Medicare Advantage, Managed Medicaid and commercial insurance markets.
-
Reliance Global Group Acquires Barra & Associates
April 27, 2022
Insurance
Reliance Global Group, Inc. (NASDAQ: RELI) acquired Barra & Associates for approximately $7.5 million in cash and debt. The deal adds over 60 agents and agency partners to Reliance’s platform, supports the company’s nationwide expansion and leverages Barra’s technology infrastructure; founder Grant Barra will continue to lead the Barra subsidiary within Reliance.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.