BRC Group to Acquire Sangoma Technologies for $204 Million

Key Facts

1Sangoma Technologies agreed to be acquired by BRC Group Holdings for an enterprise value of approximately $204 million.

2Sangoma's stock price surged 35.94% to $4.88 following the acquisition announcement.

3TD Securities downgraded Sangoma Technologies from Buy to Sell following the deal announcement.

Sangoma Technologies agreed to be acquired by BRC Group Holdings for an enterprise value of approximately $204 million. Financial Modeling Prep reported that Sangoma's stock price surged 35.94% to $4.88 following the announcement, as BRC Group aims to add durable recurring cash flow and expand its enterprise-grade communication capabilities through the deal.

SANG closed at $3.59 on September 28, 2026, before trading at $4.88 on September 29, 2026, following the news. Consequently, TD Securities downgraded Sangoma Technologies from Buy to Sell. In related market activity, RILY closed at $5.49 on September 28, 2026.