London – Public Policy Policy Holding Company, Inc. The agreement, effective January 24, 2025, is expected to boost PPHC’s earnings immediately upon completion, which is expected on April 1, 2025.
Acquiring to expand PPHC’s strategic capabilities, including corporate affairs, financial communications, and crisis management. Trailrunner’s global presence, with offices in key business hubs such as New York and London, and Sports Advisor Service, aligns PPHC’s expansion with PPHC’s expansion.
PPHC’s CEO, Stewart Hall, said the acquisition strengthens their leadership in the US market and positions them as a global strategic communications group. Trailrunner’s founder, Jim Wilkinson, expressed confidence in PPHC’s ability to support Trailrunner’s international growth.
Trailrunner, founded in 2016, has a record of financial success, with undisclosed earnings of $25.5 million for the year ended 2018.
The initial consideration will be partially funded by the issuance of 2,966,138 new shares and cash from PPHC sources at Bank of America. Additional payments that content the growth of Trailrunner’s proilrunner are terminated until the end of 2029.
PPHC also provided a trading update for the year ending December 31, 2024, reporting a revenue increase of 10.8% to $149.6 million and an underlying EBITDA increase of 3% to $ 36.1 million. The company plans to reduce dividends in alignment with its growth strategy and shareholder returns. Management is considering a potential US listing to improve stock liquidity.
The group will present a more detailed strategy for the growth of the capital activity scheduled for January 30, 2025, in Stock Stack in London (Lon:).
This article is based on a press release from Public Policy Holding Company, Inc.
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