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BCP has agreed to sell The Gray Casualty & Surety Company, a leading surety bond provider for midsized and emerging contractors, to Palomar Holdings. The transaction is expected to close in H1 2026, subject to regulatory approvals. Gray Surety has achieved significant growth and expanded its national footprint since BCP's investment in 2021. The sale reflects the company's success and the foundation built by its leadership team.

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