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
BRC Group is buying Sangoma Technologies for about $204 million. Sangoma owners will get cash and BRC shares as payment for their ownership stake.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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