BRC Group Holdings, Inc. Agrees to Acquire Sangoma Technologies Corporation to Scale Communications Portfolio
The deal includes a 47% premium and gives Sangoma shareholders $4.925 in cash plus BRC stock for each share, the companies said.
- On Monday, BRC Group Holdings, Inc. announced a definitive agreement to acquire Sangoma Technologies Corporation in a transaction valuing the communications provider at approximately $204 million.
- BRC Telecom CEO Ananth Veluppillai stated the acquisition accelerates recurring revenue by integrating Sangoma's "AI-powered customer experience capabilities" into BRC's existing communications portfolio.
- Under the agreement, Sangoma shareholders will receive $4.925 in cash and 0.04767 of a BRC share per held stock, representing a premium of approximately 51% based on the 10-day VWAP.
- Sangoma's board unanimously approved the transaction following a strategic review, with ATB Cormark Capital Markets providing a fairness opinion deeming the consideration fair from a financial perspective.
- The transaction requires approval from at least two-thirds of Sangoma shareholders at a special meeting, with completion expected no later than early 2027 subject to regulatory approvals.
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The Billings Gazette
BRC Group Holdings, Inc. Agrees to Acquire Sangoma Technologies Corporation to Scale Communications Portfolio
Transaction values Sangoma at an enterprise value of approximately $204 million (C$289 million)On a combined basis, BRC communications businesses and Sangoma generated approximately $441 million in trailing-twelve-month revenue as of June 2026BRC's communications businesses generated approximately $52 million of segment…
Financial Post
Business WireSangoma Announces Fourth Quarter Fiscal 2026 Results
TORONTO -- Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted industry leader uniquely offering businesses a choice of on-premises, cloud-based, or hybrid Communications as a Service solutions, today announced its fourth quarter financial results and consolidated financial statements for the year ended June 30, 2026. All amounts are expressed in US dollars unless otherwise stated.
Sangoma Technologies Corporation Enters into Definitive Agreement to be Acquired by BRC Group Holdings, Inc.
Transaction Creates an Industry Leader in Unified Business Communications Sangoma Technologies Corporation (“Sangoma”), a trusted industry leader uniquely offering businesses a choice of on-premises, cloud-based or hybrid communications solutions, and BRC Group Holdings, Inc. (“BRC”), a diversified holding company with a scaled business communications portfolio, announced that the companies have entered into a definitive arrangement […]
Sangoma Technologies stock surges over 40% on BRC acquisition deal
Investing.com -- Sangoma Technologies Corp (NASDAQ:SANG) shares surged 44% in after-hours trading Monday following the announcement that BRC Group Holdings (NASDAQ:RILY) will acquire the company for approximately $204 million. Under the terms of the arrangement agreement, Sangoma shareholders will…
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