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Announced

Completed

Public Policy Holding Company completed the acquisition of KP Public Affairs for $35m.

Financials

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Transaction Value£31m
Consideration TypeOrdinary Shares, Cash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

United States

Domestic

Friendly

public relations

advocacy company

Management Consulting

Acquisition

Majority

Private

Single Bidder

Synopsis

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Public Policy Holding Company, a bi-partisan, full-service US government affairs business, completed the acquisition of KP Public Affairs, one of the largest advocacy and public relations firms in California, for $35m. "KP is consistently ranked as one of California's leading advocacy and public relations firms and will make an excellent addition to PPHC. We are delivering on the strategy set out at IPO to broaden our services to key state capitals and to deepen our expertise in key industries, including technology, renewable energy, and natural resources through acquiring strong, proven businesses, as well as organically," Stewart Hall, PPHC CEO.

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