RCS - Public Policy Hldg - PPHC: Ranked #1 in Q2 US Federal Lobbying Revenues

Public Policy HoldingAnnouncement

31/07/2024 07:00

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RNS Number : 4758Y  Public Policy Holding Company, Inc.  31 July 2024

 

 REACH  31 July 2024

 

 

Public Policy Holding Company, Inc.

 

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

 

PPHC: Ranked #1 in Q2 US Federal Lobbying Revenues

 

Public Policy Holding Company, Inc., a leading government relations and public
affairs group providing a comprehensive range of advisory services, has
retained the number one spot in the Lobbying Disclosure Act ("LDA") revenue
rankings for U.S. federal lobbying. The Group reported $18.1 million of
disclosed LDA revenue for the second quarter of 2024 ("Q2 2024").

 

The strong performance of the Company's three operating firms that specialise
in government relations with the U.S. federal government - Forbes Tate
Partners, Crossroads Strategies, and Alpine Group - has enabled PPHC to lead
the LDA revenue rankings for four years, totaling 16 consecutive quarters.
Additionally, a fourth firm in the Group's portfolio, O'Neill and Associates,
which primarily focuses on state-level lobbying services, also contributed to
the total LDA revenue.

 

Approximately half of PPHC's revenues are derived from federal lobbying
services. Year-to-date, PPHC has reported $35.7 million in disclosed revenue,
with $17.6 million in Q1 and $18.1 million in Q2. This represents a 4.3%
increase in LDA revenue for the first half of 2024 compared to the first half
of 2023 and a 4.9% increase when comparing Q2 2024 to Q2 2023. The strong
quarter was augmented by highlights including new client wins while continuing
to grow existing business relationships with clients such as United States
Steel Corporation and The Sustainable Aviation Fuel Coalition.

The three aforementioned PPHC agencies maintained their positions inside the
top 20, with Forbes Tate Partners at #9, Crossroads Strategies at #12, and
Alpine Group at #17. These LDA rankings include more than 2,500 registered
firms operating in the US federal market.

LDA revenue does not represent the operating companies' 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.

Stewart Hall, CEO of PPHC, commented:

"Marking a 16 quarter run at the top, our leadership in the federal lobbying
and government relations sector is a testament to the numerous clients who
entrust PPHC firms to represent their critical interests, and the quality of
work our teams deliver each and every day.  Even as our growth strategy has
taken us far beyond our Washington, DC roots - with recent acquisitions
completed in both London and Sacramento, CA - these federal rankings
underscore the unique stability of our work and the critical importance of
engagement with federal policymakers for our clients. More and more, clients
recognise PPHC's unparalleled expertise and reach, making our firms and policy
experts indispensable to their strategic initiatives."

Enquiries:

 

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

 Stewart Hall, CEO

 Roel Smits, CFO

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

 Fred Walsh, Ben Good

 Zeus Capital (Joint Broker)                    +44 (0) 20 3829 5000

 Alice Lane, David Foreman

 Canaccord Genuity (Joint Broker)               +44 (0) 20 7523 8000

 Simon Bridges, Andrew Potts

 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. Engaged by approximately 1200 clients, including
companies, trade associations and non-governmental organisations, the Group is
active in all major sectors of the US. 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 ten operating
entities in the US and UK. 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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