Falfurrias Capital-backed Ballast Research, an independent, non-partisan team of consultants, researchers, and policymakers, agreed to acquire Hamilton Place Strategies, an analytical public affairs consulting firm, and Flag Media Analytics, a next-generation news monitoring service designed to facilitate & shorten the decision cycle for media engagement. Financial terms were not disclosed. "We're thrilled to be growing our business with these partners.We built a business based on exceptional talent and constant innovation, and it's wonderful to see that approach recognized and supported by the team at FCP. Ballast brings unmatched data and insights to understanding issues and the impact of advocacy on policymaking. We can't wait to partner with them in service of our clients. As we go forward, we'll continue to seek additional partners that enhance our capabilities and expand our reach," Tony Fratto, HPS Founding Partner.