Enquantum Acquired by Reliance Global Group | Technology M&A Deal

Reliance Global Group has acquired Enquantum, a technology other business in New Jersey, for $2,125,000. Enquantum is an Israel-based technology company whose equity stake is being purchased through newly issued ordinary shares tied to milestone-based tranches. Reliance Global Group acquisitions focus on expanding technology M&A capabilities via a platform acquisition that increases exposure to Enquantum’s fully diluted capitalization structure and share issuance mechanics. The strategic acquisition is announced and structured as a platform acquisition with a pre-money valuation of $2,041,667, including conversion of a $166,000 secured bridge note into ordinary shares at closing.