Public Affairs Group PPHC To Acquire Trailrunner International
(MENAFN- PRovoke)
WASHINGTON - government relations and public affairs group Public Policy Holding Company has entered a binding agreement to acquire TrailRunner International, marking a major expansion of the Group's capabilities into strategic and financial communications.
The deal, set to close by April 1, 2025, represents PPHC's fifth significant Acquisition since its 2021 IPO.
Founded in 2016, TrailRunner adds over 80 full time professionals across eight global offices to PPHC's network. The acquisition significantly expands PPHC's footprint with new offices in high-growth U.S. markets, including Dallas/Fort Worth, TX, Nashville, TN, and New York City. It also expands the group's existing presence in Northern California and London, while establishing key new capabilities in Shanghai, Abu Dhabi, and Dubai.
TrailRunner significantly strengthens PPHC offerings in corporate affairs, financial communications, litigation communications, and crisis management, and also sports through TrailRunner's sports practice, TrailRunner Sports.
"The acquisition of TrailRunner marks a transformational moment for PPHC as we simultaneously deepen our U.S. position and establish ourselves as a truly global strategic communications group," said Stewart Hall, CEO of PPHC. "This expansion significantly advances our strategy of building the world's most comprehensive provider of government relations and corporate communications services."
"Today's global megatrend in our business is the collision of critical practice areas, including corporate reputation, government relations, finance, crisis, litigation, and sports and I can think of no better strategic growth partner to capitalize on it than PPHC," said Jim Wilkinson, executive chairman of TrailRunner International (pictured). "TrailRunner is a unique and exciting growth company with a track record of proven financial success, an aggressive strategy for continued growth, and the deep bench of talent required to succeed."
This is the latest move in PPHC growth streak. The group expanding to London, last year having acquired cross-party public affairs advisory business Pagefield for up to £30m. Other brands under PPHC umbrella include Forbes Tate and Crossroads Strategies.
Before that, PPHC's nine operating companies have been solely US-based, although its 1,200-strong client base – including nearly half of the Fortune 100 – are global, including across the healthcare and pharmaceuticals, financial services, energy, technology, telecoms and transportation sectors.
MENAFN03022025000219011063ID1109159938
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.