---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-051520"
form_type: "8-K"
ticker: "PPHC"
cik: "0001903508"
company_name: "Public Policy Holding Company, Inc."
filed_at: "2026-08-03T11:00:15+00:00"
generated_at: "2026-08-03T11:05:46.923702+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PPHC acquires The Advocacy Partners for up to $75M; expands Florida state gov't relations

## Summary
- Initial consideration $20.4M ($2.04M in stock, $18.36M cash); max earnout $54.6M through 2030.
- TAP reported 2025 net revenue $9.5M; adjusted PBT $4.6M (48% margin); immediately earnings accretive.
- Acquisition closed Aug 1, 2026; founders Slater Bayliss and Stephen Shiver continue leading TAP.
- Adds Florida presence, complementing existing California and Texas state government relations capabilities.
- Earnout contingent on 35% CAGR profit growth; total max consideration $75M.

## SEC filing metadata
- accession: 0001628280-26-051520
- form_type: 8-K
- ticker: PPHC
- cik: 0001903508
- company_name: Public Policy Holding Company, Inc.
- filed_at: 2026-08-03T11:00:15+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1903508/000162828026051520/0001628280-26-051520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1903508/000162828026051520/pphc-20260803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-051520
- JSON: https://secwatch.observer/filing/0001628280-26-051520.json
- Plain text: https://secwatch.observer/filing/0001628280-26-051520.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.