{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-046354","form_type":"8-K","ticker":"PPHC","cik":"0001903508","company_name":"Public Policy Holding Company, Inc.","filed_at":"2026-07-01T12:35:06+00:00","discovered_at":"2026-07-01T12:40:05.315950+00:00","generated_at":"2026-07-01T12:40:23.889856+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"PPHC completes acquisition of Tancredi; initial consideration £8M, potential earnout to £25M","bullets":["Initial consideration £8.0M paid July 1, 2026; £7.2M cash + 111,948 shares valued at £800K.","Aggregate consideration maximized at £25M contingent on Tancredi achieving ~30% CAGR profit growth through 2030.","Tancredi reported (unaudited) net revenues £4.3M and adjusted PBT £1.3M for FY2025.","Tancredi co-founder Salamander Davoudi named Global Head of Litigation for TrailRunner International.","Acquisition is earnings-accretive; adds 22 colleagues and expands presence in London, Milan, LA."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-046354","json":"https://secwatch.observer/filing/0001628280-26-046354.json","markdown":"https://secwatch.observer/filing/0001628280-26-046354.md","text":"https://secwatch.observer/filing/0001628280-26-046354.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1903508/000162828026046354/0001628280-26-046354-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1903508/000162828026046354/pphc-20260701.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-01T12:40:23.889856+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}