Ambac to Purchase Health Care Program Manager Following Exit from Legacy Guarantee Operations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2025
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Source: SeekingAlpha
Ambac Financial Group Acquisition: Ambac Financial Group has agreed to acquire Armada Care for $250 million, following the sale of its legacy financial guarantee business for $420 million to Oaktree Capital Management.
Strategic Growth Plans: The acquisition is expected to enhance Ambac's presence in the Accident & Health sector and contribute to its EBITDA target of $80M–$90M by 2028, with a projected positive impact on shareholder value by 2026.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
