Earnings summaries and quarterly performance for OCTAVE SPECIALTY GROUP.
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Octave Specialty Group Inc. Announces Acquisition and Divestiture
OSG
M&A
Debt Issuance
New Projects/Investments
- Octave Specialty Group, Inc. (formerly Ambac Financial Group, Inc.) acquired ArmadaCorp Capital, LLC on October 31, 2025, for approximately $250.0 million in cash, partially financed by $120.0 million in borrowings.
- Prior to this acquisition, the company divested Ambac Assurance Corporation (AAC) on September 29, 2025, for $420.0 million in cash.
- The acquired entity, ArmadaCorp Capital, LLC, reported revenue of $33,404 thousand and net income of $16,184 thousand for the nine months ended September 30, 2025.
- The company, formerly known as Ambac Financial Group, Inc., changed its name to Octave Specialty Group Inc. on November 10, 2025.
Jan 6, 2026, 9:03 PM
Quarterly earnings call transcripts for OCTAVE SPECIALTY GROUP.
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