Washington Post: Private Equity Firm Bets On WashingtonNovember 10, 2022 | Blog Post
By: Theodoric Meyer
“Private equity is pouring more money into Washington, investing in a group of polling, public relations, lobbying and political consulting firms.
“Seidler Equity Partners, a private equity firm based in California, has taken a minority stake in a conglomerate of 10 firms. They include Public Opinion Strategies, a leading Republican polling firm; GuidePost Strategies, a bipartisan lobbying firm; and Bullpen Strategy Group, a consulting firm led by the GOP operative Joe Pounder.
“Seidler’s investment will allow the conglomerate — known as GP3 Partners — to buy more companies in an effort to become a bigger player in Washington, said Darrell Lauterbach, GP3’s president and chief executive. The idea is to serve clients better by offering wider array of services under one umbrella.”
Read more here.