- Business
- ACMAT Corporation (ACMT) is a holding company that, through its wholly owned subsidiary ACSTAR Insurance Company, markets and underwrites surety bonds primarily for construction contractors throughout the United States. The company offers contract surety bonds for prime, subcontract, specialty trade, environmental remediation, asbestos abatement, and lead abatement contractors; miscellaneous surety including license and permit bonds, workers' compensation bonds, supply bonds, and subdivision bonds; and additional specialty insurance products such as environmental and professional liability coverage for general contractors, property owners, storage facilities, architects, engineers, and consultants. Founded in 1950 by Henry W. Nozko, Sr., ACMAT Corporation maintains its headquarters in Farmington, Connecticut, and employs approximately 65 people while serving nationwide markets in the property and casualty insurance sector with a focus on specialty surety and niche risks. In recent years, the company has reported steady financial performance, including 2024 revenues of $3.20 million reflecting a 48.89% year-over-year increase, alongside quarterly earnings updates such as third quarter 2025 results and second quarter 2025 disclosures, underscoring its operational continuity amid market volatility; no major acquisitions, partnerships, funding rounds, or strategic shifts have been publicly announced within the last 1-2 years.