Sangoma signs definitive deal to be acquired by BRC Group

On 28 September 2026, Canada-based unified-communications firm Sangoma Technologies (TSX: STC; NASDAQ: SANG) announced a definitive agreement to be acquired by an affiliate of BRC Group Holdings (NASDAQ: RILY). The deal values Sangoma at roughly US$204 million enterprise value. Closing is targeted no later than early 2027, subject to shareholder, court, and regulatory approvals.

After closing, Sangoma is expected to sit inside BRC Telecom and keep operating under its brands. The release does not announce product shutdowns or an end to Asterisk / FreePBX sponsorship—but buyers should still pull support renewals and spare-part plans forward.

Does the Sangoma–BRC agreement affect FreePBX and Asterisk?

Not automatically. The text does not declare EOL for product lines or open-source projects. Sangoma is still described as the primary developer-sponsor of Asterisk and FreePBX, with 100,000+ business customers and over 2.7 million UC seats. Until closing and a vendor roadmap land, production FreePBX Distro, Asterisk PBXs, or Sangoma UCaaS / Switchvox sites do not face a forced “migrate now.” For single-vendor lock-in projects, add an alternate option to discovery instead of ripping out working plant.

Deal snapshot

• Per share: US$4.925 cash + 0.04767 BRC share (≈ US$5.225 on BRC’s 20-day VWAP; ~47% premium to the TSX close)
• Aggregate: ≈ US$170M cash + ≈ US$10M in BRC stock; Sangoma holders ≈ 4% of pro forma BRC at close
• Ontario plan of arrangement; no financing condition; ~27% voting support from officers/directors
• Expected TSX / Nasdaq delisting at close; follows the May 2026 strategic review / special committee

BRC lists communications assets such as UOL, magicJack, Marconi Wireless, and Lingo (including BullsEye). It frames Sangoma’s UCaaS, CCaaS, CPaaS, and connectivity stack—especially mid-market and AI-assisted customer experience—as a portfolio complement.

When does closing become certain?

The stated window is early 2027. Certainty still needs Sangoma shareholder approval (≥ two-thirds plus minority-protection majority), court clearance, and regulators. A signed agreement is not a closed deal; delisting and ownership change alone do not break day-to-day call carriage. Track Sangoma investor / PR channels for the calendar.

Watchlist for integrators in Turkey and the region

This is not investment advice or a sales pitch. Labs and production FreePBX Distro boxes still need your update channel, backups, and hardened admin access—ownership change does not replace operations. For Switchvox or Sangoma UCaaS seats, note support tier and renewal dates. Earlier portfolio context: Sangoma acquires Netfortris. Primers: What is FreePBX, What is Asterisk.

• Inventory: FreePBX / Asterisk / Switchvox version, support end date, trunk and SBC topology
• Contracts: licence, SLA, spares, and partner-channel contacts
• Watch: closing notice + vendor roadmap; separate “migrate now” from “watch and prepare”
• New sites / capacity: put an alternate vendor or cloud option on the discovery form

Source

Official release: Sangoma press release (28 September 2026). English wire: BusinessWire.

Summary

Sangoma–BRC is an ownership shift backed by official figures and timing. No forced FreePBX/Asterisk migration today—track inventory, support, and closing notices together.