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New Deal


Announced

Public Policy Holding completed the acquisition of MultiState Associates for $22m.

Financials

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Transaction Value£18m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Private

Acquisition

Single Bidder

United States

Domestic

Majority

Government Relations Services

Management Consulting

Completed

Synopsis

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Public Policy Holding, a government relations and public affairs group, completed the acquisition of MultiState Associates, a state and local government relations specialist, for $22m. "PPHC is bringing together highly specialised government relations businesses at a scale that's never been seen. This Acquisition marks a significant milestone during MultiState 's 40th year in business as well as for each of my talented partners and colleagues. It also marks a milestone for our clients and the industry, as federal and state policy issues are evermore interdependent and require the professionalism and seamless integration that only PPHC and MultiState now offer," Joseph Crosby, MultiState CEO.

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