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BRC Group to Acquire Sangoma Technologies in $204 Million Deal

Los Angeles and Toronto – September 29, 2026 -- BRC Group Holdings, Inc. (NASDAQ: RILY) has agreed to acquire Sangoma Technologies Corporation (TSX: STC; NASDAQ: SANG) in a deal valuing the communications provider at an enterprise value of approximately $204 million, or C$289 million.

Combined communications revenue reaches $441 million on a trailing-twelve-month basis

BRC's existing communications businesses and Sangoma generated a combined $441 million in trailing-twelve-month revenue as of June 2026, with $241 million from BRC's units and $200 million from Sangoma. BRC's communications portfolio alone produced approximately $52 million in segment income over the same period.

IPitomy Posts Record 1H '26 Revenue as Clarion Eyes M&A Push

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IPitomy Posts Record 1H '26 Revenue as Clarion Eyes M&A Push

Atlanta – September 16, 2026 -- IPitomy Communications LLC, a subsidiary of Clarion Communications LLC, posted record first-half 2026 results, with adjusted EBITDA climbing 32.8% year-over-year.

Revenue and margins hit first-half highs

Revenue rose 6.4% year-over-year in 1H '26, while gross margin increased 2.6% over the same period. Sales bookings grew 10.9% year-over-year, marking the strongest first-half sales pipeline in the company's history.

IPitomy CEO cites disciplined execution behind growth

"We delivered a strong start to fiscal 2026, exceeding our goals for revenue, adj EBITDA, gross margin and sales pipeline, while continuing to build momentum across the business," said IPitomy CEO Joseph Haines, Sr.