BRC Group Acquires Sangoma Technologies to Expand Communications Portfolio
BRC Group Holdings Inc. (NASDAQ: RILY) has agreed to acquire Sangoma Technologies Corporation (TSX: STC; NASDAQ: SANG), a leading provider of communications solutions, in a deal valued at approximately $204 million (C$289 million). The acquisition is expected to significantly expand BRC's communications portfolio by adding enterprise-grade capabilities and AI-enabled customer experience tools. Sangoma serves over 100,000 business customers across more than two million unified-communications seats. Bryant Riley, Chairman of BRC Group Holdings, emphasized that the deal accelerates recurring revenue growth and enhances earnings power through a proven cash-generating communications portfolio. Ananth Veluppillai from BRC Telecom noted Sangoma's strong customer base and robust architecture align well with their existing platform model for established communication businesses. Combined trailing-twelve-month revenues of BRC’s communications segment and Sangoma reached approximately $441 million as of June 2026, while the former generated about $52 million in segment income during that period. The acquisition continues BRC's strategy of acquiring mature companies with predictable cash flows.