Palomar acquires Gray Surety for $300mn
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Palomar acquires Gray Surety for $300mn

Gray specializes in contract bonds for mid-sized and emerging contractors.

By Kyoung-son Song
October 30, 2025
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Palomar Holdings has entered into a definitive agreement to acquire The Gray Casualty & Surety Company from private equity firm BCP for $300mn in cash, the companies announced Thursday.

The

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