The Gray Casualty & Surety Company

Transaction overview

Reported completed

Exact closing date not established.

BCP reported completion of the sale of The Gray Casualty & Surety Company to Palomar Holdings on February 2, 2026. BCP had made a significant investment in the surety carrier in 2021. This identifies Bernhard Capital Partners Management, LP as the associated investment manager; the report does not establish the precise closing day or equity percentage sold.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.