PPHC Acquires Lucas Public Affairs

Earnings accretive acquisition expands Group presence in key California market

Public Policy Holding Company (AIM: PPHC), the government relations and public affairs group providing clients with a fully integrated and comprehensive range of services, has acquired Lucas Public Affairs, LLC (“LPA”), a premier California-based public affairs firm (the “Acquisition”), for an initial consideration of $7.5 million. The Acquisition is immediately accretive to the Group’s underlying earnings.

This is PPHC’s third significant acquisition since IPO in December 2021 and LPA becomes the 9th brand to sit within the Group’s broad umbrella.

Based in Sacramento, California and founded in 2006, LPA is led by Donna Lucas, CEO, and Cassandra Pye, President. It has 28 full-time employees including senior experts and practitioners in corporate communications, issues management, and state-based campaigning. LPA helps clients navigate California’s complex legislative and regulatory environment. The firm is known for high-level reputation, issue management and strategic communication campaigns – tapping into the team’s deep familiarity with California’s political, business and media landscape. LPA’s practice areas of expertise reflect the issues that define California’s future including energy and climate, transportation and logistics, K-12 and higher education, water, technology and biotech, housing, health care and aging, insurance, among others.

The Acquisition is in line with the Group’s growth strategy and, alongside the 2022 acquisition of KP Public Affairs, significantly expands its already market leading offering in California. As a wholly-owned subsidiary of PPHC, LPA will retain its distinct brand identity and its long-standing management team and staff. Significant revenue and profit synergy potential exists via the referral of work from the PPHC network, which has over 1,200 clients.

Stewart Hall, CEO of PPHC, commented:

“The acquisition of LPA significantly strengthens our position in a key US state and increases our expertise in critical sectors including technology, green energy, and healthcare. This is an important step towards PPHC’s stated goal of being the world’s largest, most comprehensive provider of government relations and policy communication services for corporations and NGOs.

“There are very few other jurisdictions that matter more to our clients than California, and nowhere else is the future of business being affected as in Sacramento. LPA’s impressive team of communications and public affairs experts are a very strong addition to the growing PPHC family.

“As with our distinctly branded firms in Washington DC and Boston, the addition of LPA, alongside our partners at KP Public Affairs, makes PPHC’s expertise in California second-to-none. Both firms will continue to operate independently.”

Donna Lucas, CEO of LPA, commented:

“We are genuinely excited about what this opportunity means for LPA’s clients and for our team. We had a short list of what we needed to make this move. We wanted stability, a commitment to our roster of current and future firm leaders and we wanted the kind of partner who would allow us to continue to remain independent and true to our culture while continuing to grow. PPHC was founded by people like us who understand our business. They value what we do. We could not ask for a better partner.”

Cassandra Pye, President of LPA, commented:

“This partnership gives LPA access to additional assets and tools to support our clients and their priorities. PPHC has collected an amazing network of practitioners leading public affairs operations in DC, and in California.

“Donna and I are really excited to continue to lead LPA with this exceptional team and with partners who support our commitment to excellence. Our clients are the beneficiaries here. We’re strengthening our bench now and for the future.”

Dan Tate, Co-Founder of Forbes Tate Partners, to receive the 2024 Bryce Harlow Business-Government Relations Award

Dan Tate, Co-Founder of Forbes Tate Partners, will receive the Bryce Harlow Business-Government Relations Award, which is given annually to a leader in government advocacy in recognition of an exemplary career in the profession.  Prior to starting Forbes Tate Partners with Jeff Forbes, Dan spent twelve years in private practice in both large and boutique firms working with clients. He also served in the Clinton Administration for three years as Special Assistant to the President for Legislative Affairs – and was a key member of the White House team responsible for developing and implementing the Clinton Administration’s legislative agenda on trade, energy, environment, telecommunications, transportation, and financial services issues.

Read more about Dan Tate and the 2024 Awards celebration on the Bryce Harlow Foundation website.

Forbes Tate Partners Cements Leadership at the Intersection of Financial Services Policy and Issue Advocacy with Addition of Ed Hill

WASHINGTON – Today, Bloomberg top performing lobbying firm Forbes Tate Partners (FTP) revealed that it is entering the next phase of its financial services policy advocacy with the addition of Ed Hill as a partner in its government relations practice. Hill’s decades of corporate and association experience will elevate the firm’s growing financial services practice and provide FTP clients with a unique ability to evaluate their needs through a financial policy lens and pursue winning issue campaign solutions.

Ed Hill is a respected and influential national authority on financial services issues. Prior to joining FTP, Hill served as Senior Vice President and Head of Government Affairs for the Bank Policy Institute (BPI) leading federal advocacy efforts on the priorities of member companies, including those across capital and liquidity, consumer banking, technology, and national security. With the full array of FTP’s campaign capabilities – including media relations, digital communications, state advocacy, and data-driven insights – at his disposal, he and FTP will be able to offer clients a variety of tailored, multi-faceted ways to shape policy outcomes and navigate the political, regulatory, legislative, and reputational landscape.

Read the full press release from Forbes Tate Partners.

Keenan Austin Reed Appointed to Executive Director of PPHC Board

Public Policy Holding Company, Inc., the leading government relations and public affairs group of companies providing a comprehensive range of advisory services, is pleased to announce the appointment of Keenan Austin Reed to the Board as an Executive Director with immediate effect.

Ms Austin Reed is a Principal at Alpine Group, a top 20 Washington-based lobbying firm and one of PPHC’s eight operating companies. She joined Alpine Group in 2021 and is responsible for advocacy across a broad range of policy areas, including contributing to initiatives led by the Congressional Black Caucus, the House Committee on Energy and Commerce and the Biden Administration, where she has deployed expertise in campaigns, media, energy, climate, health, technology and telecommunications.

Ms Austin Reed was recently named Lobbyist of the Year (2023) by the Washington Government Relations Group and is Founder and Chair of Black Women Leading, a non-profit group that supports the empowerment of black women in public service, notably the Black Women’s Congressional Alliance. She has served in a number of policy and political roles, including as Chief of Staff to Congressman Donald McEachin (2017-2020), Florida Political Director to Secretary Hillary Clinton (2016), Chief of Staff to the Council of the District of Columbia Councilmember David Grosso (2015-2016) and Deputy Chief of Staff/Senior Advisor to Florida Congresswoman Frederica Wilson (2011-2015).

In addition to her executive responsibilities, Ms Austin Reed holds various directorships and leadership roles including Advisory Council Chair at GlobalWIN, Vice Chair of the Women’s Congressional Policy Institute, a member of the Congressional Black Caucus Foundation’s Corporate Advisory Board and Vice Chair of So Others Might Eat’s Corporate Advisory Board.

Simon Lee, Chairman of PPHC, commented:

“Keenan is one of the top lobbyists in Washington and has made a highly positive impact at Alpine Group and PPHC. Her advisory expertise and wider interests, along with strong relationships among clients and political stakeholders, will further strengthen the Board as PPHC continues to expand its offering and broaden its geographical footprint.”

Keenan Austin Reed, Executive Director of PPHC, commented:

“PPHC is already well established in the US and I am looking forward to supporting the Board as we continue to execute the growth strategy and build on the strong foundations already in place.”

Lobbyists from Three PPHC Firms Highlighted in The Hill’s Top Lobbyists 2023

WASHINGTON – Each year, The Hill’s Top Lobbyists highlights stand-out advocates consistent in delivering results for their clients. 2023’s list includes lobbyists from three PPHC firms: Crossroads Strategies, Forbes Tate Partners and Alpine Group.

 

John Breaux, Trent Lott and Ivelisse Porroa-García, Crossroads Strategies 

Jeff Forbes, Dan Tate Jr. and Jeff Strunk, Forbes Tate Partners 

Courtney Johnson and Keenan Austin Reed, Alpine Group

 

Click here for the full list.

Forbes Tate Partners and Seven Letter Named to PRNEWS’ 2024 Agency Elite Top 100

WASHINGTON — PPHC firms Forbes Tate Partners (FTP) and Seven Letter have both been named to PRNEWS’ Agency Elite Top 100 for 2024. The comprehensive list recognizes the most innovative PR and communications firms in the business. This is the second year in a row that the two PPHC firms have received this honor.

“We are proud to have two of our agencies recognized in this prestigious list which follows our sustained leading performance within the Lobbying Disclosure Act rankings, where PPHC recently retained the number one spot with $17.1m of disclosed LDA revenue for the third quarter of 2023.

“Our operating companies, their commitment and work accomplished for clients is world-class and we look forward to supporting them in the years ahead as demand for services continues to increase.”

-Stewart Hall, CEO of PPHC

See the full 2024 Agency Elite Top 100 list here.

PPHC Launches Concordant Advisory

Supports organic growth and expands PPHC’s offering in corporate advisory services.

Public Policy Holding Company, Inc., the government relations and public affairs group of companies providing a comprehensive range of advisory services, is pleased to announce the launch of Concordant Advisory (“Concordant”), a new Group operating entity that integrates its policy expertise and communications capabilities.

Delivering results under a unified plan, team, and pricing structure, Concordant will provide its clients with industry-leading government relations, public affairs, audience insight capabilities and full-service, strategic communications.

Based in Chicago, Concordant will be led by Sarah Wills, CEO. Ms Wills is a former Executive Vice President and Chief Corporate Affairs Officer at Cardinal Health, where she presided over communications, government relations, enterprise marketing and brand. Prior to Cardinal Health, Sarah served in leadership roles within government relations, communications and strategy at GE, and led corporate affairs at Tempus, an AI-enabled precision medicine business. Before her corporate career, Sarah spent fifteen years in politics and policy, initially as an Associate for David Axelrod and Associates, then several years as a Legislative Assistant on Capitol Hill, Senior Policy Counsel to the Governor of New Jersey, and Executive Director for New Jobs for New York, a 501(c)(3) launched by then U.S. Senator Hillary Rodham Clinton.

Concordant will build multi-disciplinary teams to service client organisations that are investing for long-term growth and resilience, such as AI, progress towards a healthier planet, advancements in precision medicine and the reconfiguration of global supply chains.

Stewart Hall, CEO of PPHC, commented:

“Today’s launch of Concordant is aligned with PPHC’s organic growth strategy and will accelerate our expansion into the growing market for corporate advisory solutions. 

“I’m pleased to welcome Sarah to PPHC and look forward to partnering with her to continue to build and integrate PPHC’s unique bi-partisan policy expertise, nationwide coverage, in addition to broad public affairs and communications capabilities across our operating companies.”

Sarah Wills, CEO of Concordant, added:

“Globally, policy and politics shape every major market theme, from technology driven growth opportunities, to the risks generated from shifting geopolitics and monetary policy. In today’s uniquely dynamic market, Concordant is set to further empower c-suite leaders and boards with more control over their operating landscapes.”

Visit Concordant’s website at concordantadvisory.com

See the full RNS here.

 

MultiState Associates Launches MultiState.ai

MultiState Associates announced the launch of a new resource this week: multistate.ai. The new email newsletter and dedicated website will explore how state and local governments are regulating artificial intelligence (AI) and related emerging technologies.

MultiState’s bi-weekly updates on AI policy will be available free of charge for the remainder of 2023, before transitioning to a subscription-only offering. Sign up by providing your email address here.