BRC to Acquire Sangoma in $204 Million Deal at 47% Premium

On September 29, 2026, Sangoma and BRC announced a definitive agreement for BRC to acquire the communications technology company in a cash-and-stock deal valued at about $204 million. Sangoma shareholders will receive $4.925 in cash and 0.04767 of a BRC share per Sangoma share, an implied total of $5.225. That equates to a premium of about 47% over Sangoma's September 28, 2026 closing price. Sangoma's board unanimously approved the deal after a strategic review. Shareholders representing about 27% of shares have agreed to support it. After completion they would own about 4% of BRC. Sangoma's market capitalization stands at $119 million. The deal requires shareholder, court and regulatory approvals and is expected to close by early 2027. Outlets differed on the immediate stock move. GuruFocus reported a 33% pre-market surge to $4.79. Investing.com reported a surge of over 40%. Closing still depends on the outstanding approvals.