WASHINGTON, D.C.—Venable LLP represented Public Policy Holding Company, Inc. (PPHC), a leading global strategic communications provider, in connection with PPHC’s acquisition of Reevemark, an elite New York-based strategic communications firm specializing in high-stakes situations ranging from litigation, crisis, brand, and reputational issues to restructurings, shareholder activism, and transactions. Under the terms of the asset purchase agreement, PPHC paid a closing payment of $28 million, consisting of $26.6 million in cash and $1.4 million in shares of PPHC common stock, with additional earnout payments potentially payable through 2031 based on the acquired business’s post-closing financial performance, subject to an aggregate purchase price cap of $80 million.
The Venable team representing PPHC in the acquisition and financing was led by Gueter Aurelien, with assistance from Matt Schofield, Nick O’Connor, and Sam Disario. Other Venable team members advising on the transaction included Harry Atlas, Norman Lencz, and Anne-Thérèse Béchamps. PPHC is a client of Dan Mendelsohn.
