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Public Policy Holding Co. posted 28.2 percent revenue growth to $99M in 2021, a year that included completion of an IPO and listing on the London Stock Exchange’s AIM market of small and medium-sized growth companies.
The firm, which consists of US-PA/lobbying firms Crossroads Strategies, Forbes Tate Partners, Seven Letter, O’Neill & Associates and Alpine Group Partners, recorded a 48.6 percent jump in pre-tax profit to $31.8M.
PPHC chairman Simon Lee expects continued momentum throughout 2022 as his firm’s services become critical to corporate leaders and trade groups trying to navigate the outcomes of the mid-term elections in the House and Senate and key governor races.
The firm wrapped up 2021 with more than 730 clients, of which 347 generated revenues in excess of $100K.
It recently bolstered its PA firepower with the recruitment of Rob Mathias as managing partner at Forbes Tate.
He did an 18-year stint at Ogilvy Public Relations, exiting in 2017 as regional CEO of North America.
ICR Inc. handles communications for Enhanced Ltd, which plans to run Olympic-type competitions with athletes using performance-enhancing drugs, as it goes public in a SPAC deal valued at $1.2B via a merger with A Paradise Acquisition Corp. of Hong Kong.
C Street Advisory Group handles strategic communications duties for American Signature Inc. as the Columbus-based home furnishings retailer declares Chapter 11.
Collected Strategies handles Exact Sciences as the cancer screening leader is acquired by Abbott in a deal with an enterprise value of $23B.
Joele Frank represents Philadelphia-based Axalta Coating Systems as it agrees to merge with Amsterdam’s AkzoNobel in a deal valued in the $25B range.
Interpublic posted a 5.1 percent drop in Q3 net revenues to $2.5B as CEO Philippe Krakowsky reports the final financial results of the publicly traded company.
