Financial News

Relation Insurance Acquires PT Business Solutions

Relation Insurance Services (“Relation”) announced today their acquisition of the assets of PT Business Solutions. The transaction went into effect on October 31, 2025; terms of the transaction were not disclosed.

“When we founded our company more than 22 years ago, it was with a passion for providing superior service and the idea that by getting to know our clients’ unique needs, we could deliver better solutions for both owners and their employees,” said Chris Pontrelli, co-founder of PT Business Solutions. “Joining Relation is the next chapter in building upon that promise.”

“We’ve always been about responding to our clients’ needs,” added Raphy Timour, PT Business Solutions co-founder. “In 2020, we changed our name and our business model in response to clients increasingly looking for a ‘soup to nuts’ solution to help them attract and retain top talent while mitigating risks. This latest change gives us nationwide resources and capabilities to meet their needs like never before. We’re excited to be part of Relation.”

PT Business Solutions is a full-service provider of employee benefit, HR, payroll, workers’ compensation and group retirement plans. The South Pasadena, California agency has been serving clients since 2003.

“We’re thrilled to welcome Chris, Raphy, and the team to Relation,” said Tim Hall, chief executive officer of Relation. “PT Business Solutions has been a trusted partner to their clients for decades, and we look forward to supporting them while also benefiting from the knowledge and capabilities they will add to our services. It’s a great fit.”

About Relation’s Mergers & Acquisitions

Relation Insurance Services is actively seeking partnerships to expand its offerings, industry expertise, and geographic footprint. Relation offers a seat at the table to insurance entrepreneurs with equity ownership opportunities and a people-first approach that optimizes outcomes for employees and clients. For more information on joining the Relation family of brands, visit Partnerships Matter.

About Relation Insurance Services, Inc.

Relation Insurance Services is an insurance brokerage that offers superior risk management and benefits consulting services across the United States. It is ranked by Insurance Journal within the top 25 largest agencies in the country by revenue and has approximately 1,350 employees across more than 100+ locations nationwide. Relation is a privately held corporation backed by Aquiline Capital Partners, a private equity firm based in New York and London investing in businesses globally across financial services and technology. Visit: www.relationinsurance.com for more information.

“PT Business Solutions has been a trusted partner to their clients for decades, and we look forward to supporting them while also benefiting from the knowledge and capabilities they will add to our services. It��s a great fit.” - Tim Hall, CEO

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