Public Policy Holding Company, Inc. Leading the Q2 Lobbying Disclosure Act rankings
02 August 2023 - 8:00AM
RNS Non-Regulatory
TIDMPPHC
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.
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
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 .
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