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Investing.com -- Sangoma Technologies Corp (NASDAQ:SANG) shares surged 44% in after-hours trading Monday following the announcement that BRC Group Holdings (NASDAQ:RILY) will acquire the company for approximately $204 million.
TORONTO & LOS ANGELES, September 28, 2026--Sangoma Technologies Corporation (TSX: STC; NASDAQ: SANG) ("Sangoma"), a trusted industry leader uniquely offering businesses a choice of on-premises, cloud-based or hybrid communications solutions, and BRC Group Holdings, Inc. (NASDAQ: RILY) ("BRC"), a diversified holding company with a scaled business communications portfolio, announced today that the companies have entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant
BRC Group Holdings, Inc. (NASDAQ: RILY) ("BRC" or the "Company"), a diversified holding company, and Sangoma Technologies Corporation (TSX: STC; NASDAQ: SANG) ("Sangoma"), a trusted industry leader delivering cloud-based, on-premises, and hybrid communications solutions, today announced a definitive agreement under which a wholly owned subsidiary of BRC will acquire all issued and outstanding common shares of Sangoma. The transaction values Sangoma at an enterprise value of approximately $204 mi
BRC Group Holdings, Inc. (Nasdaq: RILY) ("BRC" or the "Company") today announced that it has called for the full redemption equal to $142,137,375 aggregate principal amount of its 6.50% Senior Notes due 2026 (the "Notes") on September 29, 2026 (the "Redemption Date").
BRC Group Holdings, Inc. (Nasdaq: RILY) ("BRCGH" or the "Company"), a diversified holding company, today released its financial results for the three and six months ended June 30, 2026.
BRC Group Holdings, Inc. (NASDAQ: RILY) will host a conference call to review its second quarter 2026 financial results on August 6, 2026 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time). The results will be released on the same day, shortly after market close.
Shares of aviation and fleet aftermarket services provider VSE Corporation (NASDAQ:VSEC) jumped 5.1% in the morning session after B. Riley Financial raised its price target on the stock to $258, citing a powerful mix of positive factors.
BRC Group Holdings, Inc. (Nasdaq: RILY) ("BRC" or the "Company") today provided supplemental information regarding its indirect economic interest in Space Exploration Technologies Corp. ("SpaceX"), following SpaceX's initial public offering on June 12, 2026 (the "IPO"). The Company discussed this interest in its latest filing on Form 10-Q for the quarterly period ended March 31, 2026 filed on May 7, 2026 and its most recent quarterly earnings call on May 7, 2026.
B. Riley Securities, Inc. ("B. Riley Securities"), a leading full-service investment bank, today announced it will host the Mind, Muscle & Vision Summit – a premier single-day healthcare conference connecting institutional investors with management teams pioneering cutting-edge innovations in neurology, muscle and eyecare disease states. The event will take place on Thursday, July 16, 2026, in Boston, MA.
BRC Specialty Finance, the direct lending platform of BRC Group Holdings, Inc. (NASDAQ: RILY) ("BRCGH") and B. Riley Securities, Inc. ("BRS"), a leading full-service investment bank, today announced that BRS has assumed a $20 million advance under a $100 million senior secured delayed draw term loan facility originated by Bit Digital, Inc. (NASDAQ: BTBT) to Enovum NC-1 Venture LLC, an indirect wholly-owned subsidiary of WhiteFiber, Inc. (NASDAQ: WYFI).
B. Riley Securities, Inc. ("B. Riley Securities," "BRS" or the "Company"), a leading full-service investment bank, today announced the return of two highly respected industry leaders to the firm, Patrice McNicoll and Matt Feinberg.
Moby summary of B. Riley Financial, Inc.'s Q1 2026 earnings call
BRC Group Holdings, Inc. (Nasdaq: RILY) ("BRCGH" or the "Company"), a diversified holding company, today announced the filing of its Quarterly Report on Form 10-Q for the three month period ended March 31, 2026.
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