Bernhard Capital Partners Completes Sale of Gray Casualty & Surety Company to Palomar Holdings

Monday, Feb 2, 2026 4:22 pm ET1min read
PLMR--

Bernhard Capital Partners (BCP) has completed the sale of The Gray Casualty & Surety Company to Palomar Holdings. BCP invested in Gray Surety in 2021 and the company has since grown significantly, expanding its national presence and reputation as a trusted surety partner. The sale marks another successful exit for BCP, which has also sold Brown & Root Industrial Services and expects to close the sale of United Utility in Q1.

Bernhard Capital Partners Completes Sale of Gray Casualty & Surety Company to Palomar Holdings

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