Relation launches process with first round bids due before Christmas Sources said the auction launched after Thanksgiving with Relation marketed off adjusted Ebitda of around $130mn. By Jairo Ibarra Adam McNestrie December 16, 2025 X LinkedIn Show more sharing options X LinkedIn Print Log in to continue Please enter your email address Log in with SSO Password log in Opening your single sign-on provider... Email sign in link or continue for password log in and SSO Continue Set/Reset Password Start Free Trial Questions about your access? Email us at support@insuranceinsider.com Subscribers, log in here: Fuel a smarter strategy with our actionable market intelligence Gain a competitive edge and accelerate decision-making Be empowered by insights that transform confusion to clarity Uncover growth opportunities and prepare for potential threats Fuel a smarter strategy for business growth Request a free trial Already a subscriber? Log in now Back Topics News M&A Brokers Commercial lines Private equity Relation Insurance North America