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Legal Investigation Announced Regarding BRC Group Holdings' Acquisition of Sangoma Technologies

A law firm has initiated an investigation into the board of Sangoma Technologies concerning its fiduciary duties in the pending acquisition by BRC Group Holdings, Inc.

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  1. Benzinga Newsdesk

    BRC Group To Acquire Sangoma Technologies; Transaction Values Sangoma At An Enterprise Value Of ~$204M; Under Terms Of Deal, Sangoma Shareholders Will Receive $4.925 In Cash And 0.04767 Of A BRC Share For Each Sangoma Share Held; Sangoma Shareholders To Hold About 4% Of BRC Pro Forma Shares Post-Close

    Transaction values Sangoma at an enterprise value of approximately $204 million (C$289 million)On a combined basis, BRC communications businesses and Sangoma generated approximately $441 million in trailing-twelve-month

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