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.
Stewart Hall, CEO
Roel Smits, CFO
|
+1 (202) 688 0020
|
Stifel (Nominated Adviser & Joint
Broker)
Fred Walsh, Ben Good
|
+44 (0) 20 7710 7600
|
Zeus
Capital (Joint Broker)
Alice Lane, David Foreman
|
+44 (0) 20 3829 5000
|
Canaccord Genuity (Joint Broker)
Simon Bridges, Andrew
Potts
|
+44 (0) 20 7523 8000
|
|
|
Buchanan Communications (Media Enquiries)
Chris Lane, Toto Berger
|
+44 (0) 20 7466 5000
pphc@buchanan.uk.com
|
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.