BATON ROUGE, La., Feb. 2, 2026 /PRNewswire/ -- BCP, a services and infrastructure-focused private equity management firm, today announced the successful closing of the previously announced sale of The Gray Casualty & Surety Company ("Gray Surety") to Palomar Holdings, Inc. (NASDAQ: PLMR) ("Palomar").

In 2021, BCP made a significant investment in Gray Surety, a Treasury-listed surety carrier specializing in contract bonds for midsized and emerging contractors across the United States. Led by an experienced and entrepreneurial management team, Gray Surety is licensed in all 50 states and operates through 13 regional offices.

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