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Public Policy Holding Company (Nasdaq: PPHC) was added to the Russell 2000 and Russell 3000 indexes effective March 23, 2026, following its Nasdaq Global Market listing in January 2026. The company operates a portfolio of 12 advisory firms with ~450 employees and ~1,400 active clients.
PPHC said the inclusion should broaden exposure to institutional and index-linked capital and may support improved trading liquidity over time.
Public Policy Holding Company (Nasdaq: PPHC) reported FY 2025 results with revenue $186.5M (up 24.7%), organic growth 6.2%, and record adjusted EBITDA $45.4M (margin 24.3%). The company completed a $45.8M US IPO, returned to net cash, closed two acquisitions, and raised adjusted free cash flow to $36.9M.
GAAP net loss widened to $39.0M for FY 2025; management expects ~5% organic growth and ~25% adjusted EBITDA margin in 2026 while absorbing US public company costs.
Public Policy Holding Company (Nasdaq: PPHC) agreed to acquire Westminster Policy Partners Limited (WPI Strategy), a UK public affairs and economics consultancy, with closing expected on or around April 1, 2026. The deal is expected to be immediately earnings accretive, adds ~£2.45m net revenue and ~14 professionals, and will integrate WPI into Pagefield Group while retaining the WPI trading brand.
The acquisition expands PPHC's UK and Europe economics-led advisory capabilities and creates cross-selling opportunities across a global client base that includes ~a quarter of the Fortune 500.
Public Policy Holding Company (Nasdaq: PPHC) announced on March 18, 2026 that TrailRunner International named Alden Mitchell President of TrailRunner Sports, its global sports advisory business. TrailRunner Sports, launched in 2023, advises teams, leagues, universities and brands and operates a joint venture with Legends.
The appointment signals expanded investment in the sports advisory platform as client demand grows; Mitchell reports to Founder Jim Wilkinson and will partner with Vice Chair Jamie Zaninovich.
Public Policy Holding Company (Nasdaq: PPHC) will report fourth quarter and full year 2025 results on Monday, March 23, 2026 after market close. Management will host a conference call the same day at 4:30 p.m. ET led by CEO Stewart Hall, CFO Roel Smits and CSO Thomas Gensemer.
The Company will also release results via the London Stock Exchange RNS at 7:00 a.m. GMT on Tuesday, March 24, 2026. A live webcast and telephone registration are available; a replay will be posted on the investor relations site.
Public Policy Holding Company (NASDAQ: PPHC) priced a U.S. initial public offering of 4,150,000 common shares at $12.25 per share, for total gross proceeds of approximately $50.8 million, before underwriting discounts and offering expenses.
The offering includes 3,400,000 primary shares by PPHC (company proceeds) and 750,000 shares by existing stockholders (no proceeds to the company). A 30-day over-allotment option for 622,500 shares was granted. Shares are expected to begin trading on the Nasdaq Global Market on January 28, 2026, with closing expected on January 29, 2026, subject to customary closing conditions.