TIDMPPHC
Public Policy Holding Company, Inc.
24 January 2024
REACH 24 January 2024
Public Policy Holding Company, Inc.
("PPHC", the "Group" or the "Company")
2023 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 been recognised as the top federal
lobbying agency in the US in 2023, with its federal lobbying firms
collectively reporting $68.3m of disclosed revenue.
The sustained strong performance by PPHC represents a
continuation of its run at the top of the LDA rankings, which it
also topped in 2022 and for each quarter of 2023. PPHC's $68.3m in
disclosed revenue is an increase of 3.6% over its performance in
2022, when it reported $65.9m in disclosed revenue.
The growth achieved in 2023 shows the resilience of PPHC and its
firms throughout varied conditions for Lobbying services, given it
was achieved in a year that included challenges resulting from the
delayed formation of the majority leadership in the House of
Representatives in the early part of the year.
While contributing to Group-wide growth, PPHC's three
contributing federal advocacy firms - Forbes Tate, Crossroads
Strategies and Alpine Group - each reported growth within the
rankings and maintained their individual positions inside the top
20.
Forbes Tate, #11(th) on the rankings, delivered $ 25m (vs.
$24.4m in 2022) at growth of 2.5%; Crossroad Strategies, #12(th) on
the rankings, delivered $24.8m (vs. $23.6m in 2022) at growth of
5.1%, representing the strongest performance of the three PPHC
firms; and Alpine Group, #17(th) on the rankings, delivered $18.5m
(vs. $17.9m in 2022), at growth of 3.4%.
PPHC's firms went from strength to strength in 2023, not only
retaining the #1 spot in all four quarters but also showing
consistently strong performances in each quarter; they collectively
reported federal lobbying revenue of $16.7m (Q1), $17.1m (Q2),
$17.3m (Q3) and $17.2m (Q4).
LDA revenue is not reflective of each of the three operating
companies' revenue performance for 2023 and therefore does not
represent their total contribution to overall 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:
"Last year was not straightforward in terms of the provision of
lobbying services, so to have maintained the top spot in the whole
year while each of our three contributing firms delivered solid
federal lobbying growth is no mean feat. It is a testament to the
quality of our operating companies and our excellent people. PPHC
continues to be very well positioned to capture the broader growth
of the sector, with clients able to benefit from the great depth of
services that we provide across a number of geographies and in a
wide variety of economic segments."
Enquiries
Public Policy Holding Company Inc.
Stewart Hall, CEO
Roel Smits, CFO
Thomas Gensemer, Chief Strategy Officer +1 (202) 688 0020
Stifel (Nominated Adviser & Broker)
Fred Walsh, Tom Marsh +44 (0) 20 7710 7600
Buchanan Communications (Media Enquiries) +44 (0) 20 7466 5000
Chris Lane, Toto Berger 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. 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
eight operating entities comprising Crossroads Strategies, Forbes
Tate Partners, Seven Letter, O'Neill & Associates, Alpine Group
Partners, KP Public Affairs, MultiState Associates and Concordant
Advisory. 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 .
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