BRC Group Holdings agreed to acquire Sangoma Technologies Corporation via a court-approved plan of arrangement. The transaction values Sangoma at an enterprise value of approximately $204 million (C$289 million). Sangoma shareholders will receive US$4.925 in cash and 0.04767 of a BRC common share for each share held, with outstanding RSUs and PSUs cancelled for US$5.225 per unit. The deal is expected to close in January 2027, subject to shareholder approval, regulatory clearances including from the TSX and Nasdaq, and court confirmation. Financing includes a $212.3 million senior secured term loan commitment and equity contributions. BRC Group Holdings operates as a diversified holding company with interests in financial services, communications, and retail.