RCS - Public Policy Hldg - PPHC: #1 in LDA revenue rankings

Public Policy HoldingAnnouncement

26/10/2023 07:00

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RNS Number : 3228R  Public Policy Holding Company, Inc.  26 October 2023

 

 REACH  26 October 2023

 

Public Policy Holding Company, Inc.

 

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

 

PPHC: #1 in Lobbying Disclosure Act revenue rankings

 

Public Policy Holding Company, Inc., the government relations and public
affairs group of companies providing a comprehensive range of advisory
services, has retained the number one spot in the Lobbying Disclosure Act
("LDA") rankings, collectively reporting $17.1m of disclosed LDA revenue for
the third quarter of 2023 ("Q3 2023").

 

The strong performance from its agencies, in particular Forbes Tate,
Crossroads Strategies and Alpine Group, means that PPHC has led the LDA
rankings in all three quarters of 2023, building on its market leading
performance in 2022 where PPHC was market leader for the whole year.

 

Year to date, PPHC has registered $51.1m in disclosed revenue.

 

Individually, all three contributing PPHC agencies maintained their positions
inside the top 20, with Crossroad Strategies and Forbes Tate being top 10
firms. They disclosed $6.3m in federal lobbying revenues each and climbed one
position in the LDA rankings to #9 and #10 respectively. Meanwhile, Alpine
Group maintained its strong performance and position at #17 on the list,
registering $4.7m in federal lobbying revenue.

 

Encouragingly, PPHC's agencies have gone from strength to strength in 2023,
not only retaining the #1 spot in all three quarters but also showing
sequential growth. In Q1, Q2 and Q3 the agencies collectively reported $16.7m,
$17.1m and $17.3m in federal lobbying revenue, leaving PPHC very well
positioned to retain the top overall spot for 2023.

 

LDA revenue does not represent each of the three operating companies' total
contribution to overall Q3 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.

 

Stewart Hall, CEO of PPHC, commented:

"We are incredibly proud of our continued leadership of what is a very dynamic
market for federal lobbying and government relations.  This year, perhaps
like none other before it, has demonstrated just how critical ongoing
engagement with federal and state policymaking is for our corporate and
non-profit clients.  Despite the current leadership debate in the US House of
Representatives, important work continues throughout the federal government on
critical business issues such as AI regulation, energy transition, healthcare,
defence and more.  More and more, clients are discovering the unique scale
and strength of PPHC on these issues, making our firms and policy experts
central to their efforts. "

 

Enquiries

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

 Stewart Hall, CEO

 Roel Smits, CFO

 Thomas Gensemer, Chief Strategy Officer

                                            +44 (0) 20 7710 7600

 Stifel (Nominated Adviser & Broker)

 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/) .

 

 

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