Business
PPHC: Ranked #1 in Q2 US Federal Lobbying Revenues
PPHC: Ranked #1 in Q2 US Federal Lobbying Revenues.
About this update from Public Policy Holding Co., Inc.
[{"type":"text","content":"\n\n\n \n\n\n\n\nREACH\n\n\n31 July 2024\n\n\n\n\n \n \nPublic Policy Holding Company, Inc.\n \n(\"PPHC\", the \"Group\" or the \"Company\")\n \nPPHC: Ranked #1 in Q2 US Federal Lobbying Revenues\n \nPublic 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\").\n \nThe 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.\n \nApproximately 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.\nThe 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.\nLDA 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.\nThe LDA applies to any entity or individual that lobbies at the ...