Octave Specialty Group, Inc.
OSGHIGH VELOCITYFILING INTENSITYOctave Specialty Group, Inc. reads as an High Velocity (composite 78/100); Consistent Strategic Buyer deploying $469M across 2 disclosed transactions, up 409% vs the prior cycle · primary market Insurance.
Lens
Disclosed M&A capital (2023–2025)
$469M
vs $92M in 2020–2022
Disclosed transactions
2
3/3 active fiscal years in window
Buyer archetype
Consistent Strategic Buyer
Meaningful spend appears across repeat years.
Composite score
78
High Velocity dominates · Filing Intensity
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $561M disclosed buyer spend
- Filed within 20d
Buyer Cadence
Buyer-side companies with recent filing activity
- Filed within 20d
- 321 8-Ks
Target Probability
Issuers showing target-side patterns from filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
Pressure Watch
Issuers facing activism, governance, or control pressure
Distress Watch
Issuers showing financial-distress filing patterns
Restatement Risk
Issuers with accounting-integrity flags from filings
- 1 auditor change
- 5 NT late filings
- Latest event 5mo ago
Capital Velocity
DominantIssuers with the highest filing-activity intensity
- 321 8-Ks
- Filed within 20d
- 4 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $265M
- 10-Q 20d ago
- 3 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $244M · Peak count: 3
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | 1 | $218M | $218M | N/A |
| 2024 | N/A | $244M | N/A | N/A |
| 2023 | 1 | $7M | $7M | N/A |
| 2022 | 3 | $18M | $6M | N/A |
| 2021 | 1 | N/A | N/A | N/A |
| 2020 | 1 | $74M | $74M | N/A |
Strategy posture.
The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.
Archetype mix
- Bolt On33%
- Geographic Expansion33%
- Platform33%
Strategy keywords
Terms recurring across recent 10-K acquisition disclosures.
- bolt_on
- geographic_expansion
- platform
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“Ambac has acquired the following entities that were accounted for as business combinations and advance Ambac's strategy of expanding into the Insurance Distribution sector.”
“management of these balances and the associated bank exposure is under consideration as part of Ambac's ongoing integration of these acquired businesses”
“Effective November 1, 2022, Ambac completed the acquisition of 85% of All Trans and 80% of Capacity Marine for a combined purchase price of $26 in cash.”
“addition of the operating expenses of ArmadaCorp and Octave Ventures, which were acquired in October 2025 and July 2024”
“the acquisition of Riverton Insurance Agency and share repurchases”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Insurance
- Market spend (2023–2025)
- $50.4B
- Market spend (2020–2022)
- $62.2B
- Recent vs prior
- −19%
- Issuer rank in market
- N/A
- Share of market capital
- 0.0%
Valuation positioning
OSG trades at a -20.8-turn discount to the Insurance peer median of 11.6×.
- EV / Revenue
- 0.9×
- Net debt / EBITDA
- N/A
- Peer median EV / EBITDA
- 11.6×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
| 14.9× | 3.6× | 2.8× | $27.5B | $10.2B | |
| 12.1× | 4.1× | 3.1× | $6.4B | $9.4B | |
| 11.2× | 2.3× | -0.1× | $61.1B | $1.3B | |
| 8.2× | 0.6× | -3.8× | $76.9B | $738M |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Insurance. Bars scaled to the highest EV/EBITDA in the set.
Target landscape.
Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.
No qualifying public-issuer targets surfaced from the current signal mix.
Stated target categories
No target categories enumerated in the audited corpus for this issuer.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)302026-03-04
- 10-Q (quarterly)932026-05-06
- 8-K (event)3212026-05-06
- Proxy / DEF 14A772026-04-10
- Activism (13D / DFAN / PREC)0N/A
Signals on file
- elevated
Auditor change
2025-12-151 Item 4.01 filing on file; certifying accountant change.
- watch
Late-filing notice
2016-05-115 NT 10-K/10-Q filings on file.
- info
Signal
Serial acquisition history
- info
Signal
10-K strategy themes
- info
Signal
Restatement risk
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.