RNS REACH
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4 April 2024 |
Public Policy Holding Company, Inc.
("PPHC", the "Group" or the "Company")
PPHC maintains top position in Bloomberg Government 2023 Report
Public Policy Holding Company, Inc., the government relations and public affairs group providing clients with a fully integrated and comprehensive range of services, has maintained its position as the largest provider of federal lobbying services in the US, according to the Bloomberg Government 9th Annual Top-Performing Lobbying Firms Report (the "Report").
With total federal lobbying spending topping $4 billion in 2023 for the second consecutive year, the combined revenue of three PPHC operating companies - Forbes Tate Partners, Crossroads Strategies and Alpine Group Partners - represented the largest providers of federal lobbying services in the US in 2023. They also represented the largest provider in 2022.
Forbes Tate Partners has maintained its individual position inside the top 10, while Crossroad Strategies is included in the top 10 for the first time.
Both Crossroads Strategies and Alpine Group Partners were named as 'Standout' firms having met the required designation, being firms that retained 80% or more of their clients from the preceding year and 60% or more of their clients over the past three consecutive calendar years. Standout firms also had to achieve revenue per lobbyist of $550,000 or more.
For the Report, Bloomberg Government analysed Lobbying Disclosure Act reports from every firm that was registered with the Senate and House of Representatives in 2023. The Report focuses on the 381 firms that reported $1 million or more in revenue for the year.
Stewart Hall, CEO of PPHC, commented:
"That our operating companies have maintained their position as the largest providers of federal lobbying activity in the +$4 billion US market is testament to the hard work of our people and the close relationships that they have with many leading corporate and NGO clients. Client retention is of vital importance to us, and our agencies are showing very clear success in this regard."
To view the press release from Bloomberg Government please click here and to download a full copy of Bloomberg Government's Top-Performing Lobbying Firms Report, please click here.
Enquiries
Public Policy Holding Company Inc. Stewart Hall, CEO Roel Smits, CFO
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+1 (202) 688 0020
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Stifel (Nominated Adviser & Broker) Fred Walsh, Tom Marsh
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+44 (0) 20 7710 7600 |
Buchanan Communications (Media Enquiries) Chris Lane, Toto Berger |
+44 (0) 20 7466 5000 |
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 over 1200 clients, including companies, 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.