RCS - Public Policy Hldg - Leading the Q2 Lobbying Disclosure Act rankings

Public Policy HoldingAnnouncement

02/08/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230802:nRSB9676Ha&default-theme=true

RNS Number : 9676H  Public Policy Holding Company, Inc.  02 August 2023

 

 REACH  02 August 2023

 

Public Policy Holding Company, Inc.

 

("PPHC", the "Group" or the "Company")

 

PPHC: leading the Q2 Lobbying Disclosure Act rankings

 

Public Policy Holding Company, Inc., the government relations and public
affairs group of companies providing a comprehensive range advisory services,
has maintained its position as the market leader in US federal lobbying
following publication of the Q2 2023 Lobbying Disclosure Act ("LDA") revenue
rankings, which its agencies led.

 

Three PPHC agencies, Crossroad Strategies, Forbes Tate and Alpine Group,
combined to report a total of $17.1m in federal lobbing revenue in Q2 2023.
This extends PPHC's run as the top federal lobbying Group, with its agencies
landing the number one spot for the whole of 2022 reporting $66.4m in
disclosed revenue. It also follows the Q1 2023 rankings, which PPHC also led
with $16.7m of disclosed revenue.

 

Individually, all three contributing PPHC agencies maintained their positions
inside the top 20, with Crossroad Strategies a top 10 firm and notable
standout performer having climbed three positions from the 2022 rankings. It
disclosed $6.3m in federal lobbying revenue in Q2 2023, an increase on the
$5.9m reported in Q2 2022. Forbes Tate maintained its position at number 11
with $6.1m while Alpine Group reported $4.7m and continued to grow its share
of disclosed revenue to be 17(th) on the list.

 

LDA revenue is not reflective of each of the three operating companies'
revenue performance for Q2 and therefore does not represent their total
contribution to overall Q2 Group revenue. The performance does however show
the inherent quality of PPHC's operating companies, which continually deliver
top performances and consistently win industry awards, and employees, who gain
significant recognition for their achievements.

 

The LDA applies to any entity or individual that lobbies at the federal level
above certain thresholds and imposes registration and reporting obligations to
ensure transparency. Disclosures under the act are publicly available and the
rankings are released quarterly.

 

The Q2 LDA rankings follow a recent report from Bloomberg Government that
emphasised the growth in total lobbying spend in Washington to a new high of
$4b in 2022, an increase on $3.7b in 2021. The Bloomberg report also found
PPHC to be at the top of the table in terms of LDA rankings for 2022.

 

Stewart Hall, CEO of PPHC, commented:

"The quality of our agencies and our people is evident through our extended
run at the top of the lobbying disclosure rankings. To continue to have three
top 20 firms operating in Washington is a case in point and validates what we
are achieving as a Group of companies. PPHC is therefore well positioned to
continue to capitalise on the broad growth being achieved within the overall
sector. Clients benefit from our scale, our depth of services, and our
geographical breadth and we will continue to support them across the spectrum
of disciplines and jurisdictions."

 

 

Enquiries

 Public Policy Holding Company Inc.         +1 (202) 688 0020

 Stewart Hall, CEO

 Roel Smits, CFO

 Thomas Gensemer, Chief Strategy Officer

 Stifel (Nominated Adviser & Broker)        +44 (0) 20 7710 7600

 Fred Walsh, Tom Marsh

 Buchanan Communications (Media Enquiries)  +44 (0) 20 7466 5000

                                          pphc@buchanan.uk.com (mailto:pphc@buchanan.uk.com)
 Chris Lane, Toto Berger

 

About PPHC

Incorporated in 2014, PPHC is a US-based government relations and public
affairs group providing clients with a fully integrated and comprehensive
range of services including government and public relations, research and
digital advocacy campaigns. Retained by over two-thirds of its 1000+ clients,
including corporates, trade associations and non-governmental organisations,
the Group is active in all major sectors of the U.S. economy, including
healthcare and pharmaceuticals, financial services, energy, technology,
telecoms and transportation. PPHC's services support clients to enhance and
defend their reputations, advance policy goals, manage regulatory risk, and
engage with US federal and state-level policy makers, stakeholders, media and
the public.

 

PPHC operates a holding company structure and currently has seven operating
entities comprising Crossroads Strategies, Forbes Tate Partners, Seven Letter,
O'Neill & Associates, Alpine Group Partners, KP Public Affairs and
MultiState Associates. Operating in the strategic communications market, the
Group has a strong track record of organic and acquisitive growth, the latter
focused on enhancing its capabilities and to establish new verticals, either
within new geographies or new related offerings.

 

For more information, see www.pphcompany.com (http://www.pphcompany.com/) .

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAQFLFBXVLBBBB