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Falfurrias Capital Partners has acquired a majority stake in Hamilton Place Strategies, the DC lobbying firm launched by former George W. Bush administration veterans Tony Fratto and Stuart Siciliano.
With the investment, HPS and its Flag Media Analytics unit will merge with FCP’s Ballast Research operation.
Fratto, who was assistant press secretary at the White House, said Ballast “brings unmatched data and insights to understanding issues and the impact of advocacy on policy-making” to HPS.
Alex Jutkowitz, Ballast executive chairman and former US CEO at Hill+Knowlton, will chair the new venture.
He said the new platform would provide CEOs a new depth of understanding of issues and strategy required to deal with increased public scrutiny and demands for accountability.
Charlotte-based FCP is the firm of former BankAmerica CEO Hugh McColl and CFO Marc Oken.


Stagwell’s Q4 revenues grew two percent to $807M while adjusted EBITDA rose three percent to $129M.
WPP CEO Cindy Rose unveiled “Elevate 28,” a strategic plan to simplify the troubled company, which reported a 5.4 percent drop in 2025 revenues to $13.6B.
Omnicom CEO John Wren reported a Q4 $977.2M operating loss, largely due to the $1.1B in severance and repositioning expenses connected to the $13B Interpublic takeover that closed on Nov. 26.
Publicis Groupe reports an 8.8 percent rise in 2025 net revenues to $16.4B with
Public Policy Holding Company today priced its initial public offering at $12.25 per share. The sale of 4,150,000 shares raised $50.8M in gross proceeds.



