PPHC Reaffirms 2026 Outlook After Securing $105 Million Credit Facility

Public Policy Holding Company, Inc. (PPHC), a global strategic communications provider, reaffirmed its 2026 revenue and adjusted EBITDA forecasts Nov. 9, one week after securing a $105 million senior secured credit facility.

Its 2026 outlook calls for revenue of $213 million to $216 million and adjusted EBITDA of $48.5 million to $50.5 million. The forecast includes two months of contribution from the Reevemark acquisition, completed Nov. 1, and excludes future acquisitions.

The Nov. 2 agreement consists of a $65 million term loan and a $40 million revolving credit line. PPHC borrowed $65 million at closing, then repaid and terminated its previous credit agreement. The new facilities mature Nov. 2, 2031.

PPHC plans to seek more lender commitments through a best-efforts syndication, which would bring the total facility to $150 million. The company expects the process to close in January 2027.

For the nine months ended Sept. 30, revenue rose 15.2% year over year to $157.5 million. Adjusted EBITDA increased 9.9% to $36.2 million over the same period.