Under the terms of the agreement, Sangoma shareholders will receive $4.925 in cash and 0.04767 of a BRC share for each common share held. The acquisition, which has received unanimous approval from the boards of both companies, will see Sangoma delisted from the Toronto Stock Exchange and Nasdaq upon the deal's expected closing in early 2027.

Bryant Riley, Chairman and Co-CEO of BRC, described the acquisition as a strategic play to bolster the firm’s recurring revenue. Sangoma brings a massive infrastructure to the table, including over 2.7 million unified-communications seats and a customer base exceeding 100,000. Once integrated, Sangoma will join BRC Telecom’s existing roster, which currently includes companies like magicJack and Lingo.

To fund the purchase, BRC plans to utilize a $215 million senior secured term loan facility alongside an equity contribution. Banc of California is leading the financing, which will also serve to refinance existing debt across BRC’s communications units. The combined entity reported trailing-twelve-month revenue of roughly $441 million as of June 2026, signaling a major consolidation effort within the mid-market communications sector.