BRC Group Holdings agrees to buy Sangoma in cash-and-stock deal valued at $204 million
RILY•BRC Group Holdings agreed to buy Sangoma Technologies in a deal valuing Sangoma at an enterprise value of about $204 million. Sangoma shareholders will receive $4.925 in cash and 0.04767 of a BRC share per share; closing is expected by early 2027.
1. Deal terms
BRC Group Holdings will acquire Sangoma Technologies at an enterprise value of about $204 million (C$289 million). Sangoma shareholders will receive $4.925 in cash and 0.04767 of a BRC share for each Sangoma share. Consideration includes about $170 million in cash and about $10 million in BRC shares, with Sangoma holders expected to own about 4% of BRC pro forma.
2. Financing and timing
The transaction is expected to close by early 2027. Funding includes an amended and restated $215 million senior secured term loan facility. Combined trailing-12-month revenue as of June 2026 was about $441 million, including about $200 million from Sangoma.
