M&A Deal Summary |
|
|---|---|
| Date | 2025-09-29 |
| Target | ArmadaCare |
| Sector | Insurance |
| Buyer(s) | Octave Specialty Group |
| Sellers(s) | SiriusPoint |
| Deal Type | Divestiture |
| Deal Value | 250M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1991 |
| Sector | Financial Services |
| Employees | 380 |
| Revenue | 236M USD (2024) |
Octave Specialty Group is a financial services holding company. Ambac’s core business is a growing specialty P&C distribution and underwriting platform. Octave Specialty Group was founded in 1991 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Insurance M&A | 4 of 4 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Maryland M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-29 |
Ambac Assurance Corp
Jersey City, New Jersey, United States Ambac Assurance Corp (“AAC”) is a provider of financial guarantee insurance. Ambac Assurance Corp is headquartered in Jersey City, NJ, AAC also maintains offices in Greenwich, CT and, through its subsidiary Ambac UK Limited (“AUK”), in London, UK. |
Sell | $420M |
| Category | Company |
|---|---|
| Founded | 2011 |
| Sector | Insurance |
| Employees | 1,012 |
| Revenue | 2.6B USD (2024) |
SiriusPoint is a provider of various specialty property and casualty reinsurance products. SiriusPoint was founded in 2011 and is based in Pembroke, Bermuda.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Maryland M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-06 |
Sirius International Insurance Group
Hamilton, Bermuda Sirius International Insurance Group, Ltd. is a provider of reinsurance services through its operating companies. |
Buy | - |
