BRC Group Agrees to Acquire Sangoma Technologies
News related to:BRC Group Holdings, Inc · 2 min read
LOS ANGELES and TORONTO, Sept. 28, 2026 /CourierPR/ -- BRC Group Holdings, Inc., a diversified holding company, has agreed to acquire Sangoma Technologies Corporation, a leading business communications platform provider, in a deal valued at approximately $204 million (C$289 million). The transaction is expected to close no later than early 2027 and will significantly expand BRC's communications portfolio.
Sangoma, founded in 1984 and headquartered in Markham, Ontario, serves more than 100,000 business customers across a base of over 2.7 million unified-communications seats. The company's comprehensive solutions include UCaaS, contact center, CPaaS, and connectivity, complemented by robust, enterprise-grade architecture. Sangoma has been recognized for nine years running in the Gartner UCaaS Magic Quadrant and is a trusted communications partner with over 40 years of experience in the market.
The acquisition is part of BRC's strategy to scale its communications portfolio and accelerate recurring revenue and earnings power. On a combined, trailing-twelve-month basis as of June 2026, BRC's communications businesses and Sangoma generated approximately $441 million in revenue. BRC's communications businesses alone contributed approximately $241 million, while Sangoma added approximately $200 million.
BRC Group Holdings, Inc., formed in 2016, has acquired five communications businesses with an aggregate total investment of approximately $303 million. These acquisitions have generated approximately $411 million in cumulative cash distributions, or approximately 1.4x their total acquisition cost. On a trailing-twelve-month basis as of June 2026, BRC's communications businesses generated approximately $52 million of combined segment income.
The transaction will be completed by way of a plan of arrangement under the Business Corporations Act (Ontario). Under the terms of the agreement, Sangoma shareholders will receive $4.925 in cash and 0.04767 of a BRC share for each Sangoma share held. In the aggregate, Sangoma shareholders will receive approximately $170 million in cash and approximately $10 million in BRC shares. Upon completion, current Sangoma shareholders will hold approximately 4% of BRC's pro forma outstanding shares.
The transaction is expected to be partially funded through an amended and restated $215 million senior secured term loan facility at BRC's communications-platform level, together with an equity contribution from BRC. The facility will also be used to retire the existing debt of BRC's communications businesses. The transaction is not subject to any financing condition and has been unanimously approved by the boards of directors of both BRC and Sangoma.
The acquisition is expected to significantly enhance BRC's communications portfolio, complementing its established strengths in the SMB and enterprise markets.