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Sangoma Completes Acquisition of Star2Star

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Markham, ON, Canada, April, 2021 -- Sangoma Technologies Corporation ("Sangoma") (TSXV: STC), a provider in delivering cloud-based Communications-as-a-Service ("CaaS") solutions, is pleased to announce that it has completed its previously announced acquisition (the "Acquisition") of all of the shares of StarBlue Inc. (the parent company of Star2Star Communications, LLC, herein "Star2Star") from Star2Star Holdings, LLC (herein "Holdings") and Blue Face Holdings Limited (collectively, the "Sellers"). 

In connection with the Acquisition, Sangoma has also added Norman Worthington, the Chief Executive Officer and Executive Chair of Star2Star, and Marc Lederman, Co-founder and General Partner of NewSpring Capital, an institutional investor in Holdings prior to Closing, to its board of directors.

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Posted by Veronica Silva Cusi, news correspondent
Source: Star2Star Communications

Date Posted: Monday, April 5, 2021



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