Public Policy Holding Company, Inc. (PPHC) is expanding its U.S. presence with the acquisition of Texas-based strategic consulting firm Pine Cove Capital. The agreement, signed on July 11, 2025, marks a significant step in PPHC’s push into state-level government relations, with Texas, a $2 trillion economy, at the center of its strategy.
Pine Cove Capital, now rebranded as Pine Cove Strategies, brings deep relationships and political insight within Texas, strengthened by the leadership of former Texas Land Commissioner George P. Bush. “Joining PPHC marks a transformative step for Pine Cove Capital and our clients,” Bush said. “By combining our deep Texas roots and local expertise with PPHC’s national scale and resources, we can deliver a broader suite of services and greater strategic value.”
The deal is valued at $3 million upfront, with additional payments of up to $10 million contingent on performance milestones. The acquisition is expected to close in August 2025 and will immediately contribute to PPHC’s earnings.
This move positions Pine Cove Strategies as PPHC’s third state-focused government relations operation and aligns with the company’s broader strategy to grow its influence in key U.S. state capitals. The acquisition not only expands PPHC’s geographic footprint but also strengthens its ability to offer integrated public affairs and policy solutions at both the state and federal levels.
