BRC Group Holdings will acquire all outstanding common shares of Sangoma Technologies through an affiliate in a transaction valuing the communications software provider at approximately $204 million, or C$289 million, in enterprise value. The consideration comprises $4.925 in cash and 0.04767 of a BRC share for each Sangoma share. Based on BRC's 20-day volume-weighted average price, the package is valued at $5.225 per Sangoma share, approximately 47% above Sangoma's Sept. 28, 2026, closing price. The transaction includes about $170 million in cash and $10 million in BRC stock. Sangoma's special committee and board unanimously approved the deal after reviewing the terms, while officers and directors holding roughly 27% of the company's shares signed voting support agreements. Completion is targeted for early 2027 and requires shareholder, court and regulatory approvals. BRC said the acquisition would add Sangoma to its existing business communications portfolio. Sangoma shares were reported as rising 44% in after-hours trading in the existing deal account, while the latest report described the gain as more than 35%.