PPHC Strengthens Public Affairs Offering with Hire of Managing Director and Content Specialist

WASHINGTON, July 14, 2026 (GLOBE NEWSWIRE) — PPHC (“the Company”) (NASDAQ: PPHC), a leading global strategic communications provider offering a comprehensive range of advisory services in the areas of Government Relations, Public Affairs and Corporate Communications, today announced that Seven Letter, a PPHC member company, has strengthened its New England and Washington, D.C. public affairs offering with the addition of Greg Honan as Managing Director in the firm’s Boston office and Esther Lynch as Content Specialist in Washington, D.C.

The appointments come as Seven Letter, PPHC’s strategic communications agency with a specialty in bipartisan public affairs, approaches its 20th anniversary and continues to invest in senior talent. Honan’s combination of local government communications experience and service in the federal government — from Boston City Hall to the White House — supports both the firm’s growing Boston client base and its Washington, D.C. public affairs practice.

Honan brings more than a decade of experience in politics, communications and media to Seven Letter. Deeply rooted in New England, he began his career at the Harvard Kennedy School advising the late David Gergen, former CNN Senior Political Analyst and Professor of Public Service. He went on to serve as Director of Message Planning and Special Assistant to the President at the White House, where he coordinated communications planning for events, trips and interviews for President Joe Biden, and as Chief of Staff to the White House Communications Director. He most recently served as Deputy Chief of Communications for the City of Boston, advising Mayor Michelle Wu and leading her communications, press, digital and speechwriting teams. Greg Honan will work out of Seven Letter’s Boston, MA office.

Before his time in government, Honan served as Communications Director at With Honor Action and worked on the 2020 Democratic National Convention and the 2021 Presidential Inaugural Committee. He holds a B.A. in Political Science from Elon University and a master’s degree in public policy from the Harvard Kennedy School, where he was a John C. Culver Scholar and Belfer International and Global Affairs Student Fellow.

“More than ever, clients are looking for counselors who bring extensive experience to the table and who have been in rooms when decisions are made. Greg’s work with Mayor Wu and his experience at the highest level of national politics is already benefiting our clients, and we are pleased to have him as part of our growing Boston practice and presence in New England,” said Drew O’Brien, Partner at Seven Letter.

Lynch joins Seven Letter as a Content Specialist in the Washington, D.C. office, bringing experience across three continents. She has supported workforce access policy at Enable UK in Scotland, researched corporate social responsibility and human rights risk at the Mekong Club in Hong Kong, and contributed to ESG strategy at The Estée Lauder Companies. She joins Seven Letter after completing two semesters of the firm’s fellowship program. Lynch holds a degree in Political Science and Global Affairs from the University of Notre Dame and speaks English and French natively, with intermediate proficiency in Chinese.

“Greg and Esther represent exactly the kind of talent that keeps Seven Letter moving forward. Greg Honan brings deep experience at the highest levels of government communications, and Esther Lynch has already proven herself around the world and in our competitive fellowship program. We are pleased to welcome them both to the team,” said Erik Smith, CEO and founding partner of Seven Letter.

“Our continued investment in senior talent reflects the strength of Seven Letter and their focus on client service. Appointments of this caliber deepen the expertise available to clients across the Group,” said Stewart Hall, CEO of PPHC.

About Seven Letter

Seven Letter, a PPHC company, specializes in bipartisan public affairs, corporate communications, crisis management, message development and digital engagement, with offices in Washington, D.C., Boston, New York and Los Angeles. Seven Letter Labs combines technology-enabled audience targeting and award-winning creative content to shape reputation, market position and public policy among elite audiences. Seven Letter Insight, the firm’s in-house team of data scientists, blends the art and science of communication through qualitative and quantitative strategies to understand consumer intelligence and create and refine compelling narratives and persuasive messages. Seven Letter has been named to the PR News Agency Elite for the last five consecutive years and is a multi-year PR News “Top Places to Work” and PRWeek “Best Place to Work” award winner.

PPHC Announces Acquisition of Tancredi

PPHC, TrailRunner International expands international footprint for financial, corporate and litigation communications in EMEA

WASHINGTON, July 01, 2026 (GLOBE NEWSWIRE) — Public Policy Holding Company, Inc.  (NASDAQ: PPHC), a leading global strategic communications provider, today announced that it has acquired Tancredi Intelligent Communication Ltd (“Tancredi”), a strategic communications and advisory firm headquartered in London. Tancredi will operate going forward as a part of PPHC’s TrailRunner International (“TrailRunner International”) group.

Acquisition Highlights

  • Founded in 2015, Tancredi advises corporates, financial institutions and high-profile individuals on corporate affairs, financial communications, crisis, reputation management and litigation communications.
  • Earnings-accretive acquisition deepens critical expertise in high-growth crisis and litigation communications services, corporate communications and M&A while strengthening TrailRunner International’s existing London presence and expanding its geographic reach via offices in Milan and Los Angeles.
  • Tancredi’s go-forward branding to be ‘Tancredi, a TrailRunner International group company’.
  • Tancredi co-founder Salamander Davoudi to be named Global Head of Litigation for TrailRunner International.
  • Tancredi CEO Giovanni Sanfelice di Monteforte brings deep expertise in the Italian corporate, financial and institutional market, acting as a trusted local advisor to international investors and a global partner to Italy’s leading conglomerates.
  • Adds a team of 22 colleagues and a strong roster of high-profile international clients across all major sectors from financial services and industrials to energy, life sciences and luxury retail.
  • For the year ended 31 December 2025, Tancredi recorded (unaudited) net revenues of £4.3 million. (Unaudited) profit before tax amounted to £1.3 million, after adjusting for PPHC’s remuneration policy.

Strategic Rationale

The Acquisition expands PPHC’s capabilities across the large and growing strategic communications market, through a firm whose disciplines map directly onto those of TrailRunner International, PPHC’s corporate and financial communications platform which it acquired in 2025. Tancredi joins as the first member of the TrailRunner International group, creating a seamless fit and expanding the European footprint of the Group via complementary services, a shared advisory culture, and a single, broader offering that PPHC’s c.1,500 existing clients can access through clear and immediate cross-selling and integrated servicing.

The Acquisition is in line with PPHC’s longstanding objective to build, bring together and grow a portfolio of complementary businesses with premium strategic communications and advisory capabilities to help clients navigate their most challenging issues, from deal-making to policy risks and reputation. It supports PPHC’s long-stated M&A strategy by significantly expanding its specialist capabilities and broadening its geographic reach. 

Through its co-founder and CEO Giovanni Sanfelice di Monteforte, Tancredi brings a leading position in the European financial and corporate communications sectors that augments the platform’s complementary global offerings. Tancredi has been a trusted advisor to institutional investors navigating Italy’s corporate landscape, acting across some of its largest transactions, and an equally trusted communications partner for European blue-chips operating globally.

Litigation communications, one of the fastest-growing areas of the strategic communications market, is a discipline in which Tancredi and TrailRunner hold deep, complementary expertise. Tancredi has advised corporates, financial institutions and high-profile individuals on litigation communications since its founding in 2015. Going forward, litigation advisory work will be unified under Tancredi co-founder Salamander Davoudi, who has been named Global Head of Litigation for TrailRunner International. 

The Acquisition also deepens the Group’s presence in London and across Europe. Tancredi gives TrailRunner International an enlarged London base and an established European platform from which to serve clients on both sides of the Atlantic. For PPHC’s c.1,500 clients, and for Tancredi’s own roster of high-profile international clients, the combination pairs Tancredi’s reach with the scale of the wider PPHC network, extending the transatlantic capability that underpins the Group’s long-stated growth strategy.  

Stewart Hall, CEO of PPHC, commented:

“This marks PPHC’s second acquisition since our Nasdaq IPO and progresses our strategy of accelerating growth through the earnings-accretive acquisitions of complementary businesses operating in high-growth markets.

“Tancredi has an outstanding track record and bolsters our existing expertise in key growth areas. It also expands our geographic footprint. As the first member of the TrailRunner International Group, our corporate and financial communications platform headed up by Executive Chairman Jim Wilkinson and CEO Jim Hughes, Tancredi now has access to a deeper pool of specialists and its expertise can be leveraged globally. Additionally, PPHC can unify its market-leading experience and scale in litigation, one of the fastest growing areas.

“Our acquisition pipeline remains strong with PPHC maintaining significant liquidity to deliver on our growth ambitions and create long term shareholder value.”

Giovanni Sanfelice di Monteforte, CEO and Co-Founder of Tancredi, commented:

“Joining TrailRunner International is the natural next step for a firm built on the conviction that the most complex corporate, financial and reputational briefs demand the highest caliber of advice. The entire Tancredi team will now be able to deliver a far broader range of services and a deeper perspective for boards, clients navigating complex, cross-border challenges. The cultural alignment between our two firms is incredibly strong and it allows us to retain what is special and boutique about Tancredi while giving us an exciting opportunity to play a major role in the PPHC growth story. Tancredi’s Italian roots now open doors in both directions, for international investors looking at Europe and Italy, and European companies expanding into the US.”

Salamander Davoudi, Managing Partner and Co-Founder of Tancredi, commented:

“Tancredi has always operated at the sharp end of corporate, financial, litigation and reputation communications, largely on the European side. As we join TrailRunner International and the stable of PPHC companies, we step in to help build the transatlantic powerhouse that will shape this sector for the next decade. For clients navigating Washington as much as London or Rome, the depth of the PPHC network fundamentally changes what we can offer them. We will maintain Tancredi’s brand, ethos and values and build on them. We have never been better positioned to do the work we do best.”

Jim Wilkinson, Executive Chairman of TrailRunner International, commented:

“This exciting acquisition will strengthen TrailRunner and allow us to immediately work as a seamless, efficient, and unified team. Tancredi has proven superstar global talent, a strong high-margin client roster, an entrepreneurial growth mindset, and a bench of future leaders. This acquisition represents the logical next step in TrailRunner’s methodical journey to create the world’s best advisory platform.”  

Jim Hughes, CEO of TrailRunner International, commented:

“As we continue to grow in markets around the world, we are excited to welcome Giovanni, Salamander and team to TrailRunner International. Together, we will build on our strong momentum in the UK, Europe, and other markets while doubling down on core practice areas like litigation support, financial communications, crisis communications, and corporate reputation.”