Leading Communications Towers Company Surpasses 52,000 Total Sites across U.S.
BOCA RATON, Fla., March 22, 2017
Vertical Bridge, the largest private owner and manager of communication towers and locations in the United States, today announced the appointment of Governor Jeb Bush to its Board of Directors. Governor Bush will serve as an independent director.
"I have been impressed with the growth of Florida-based Vertical Bridge and the smart capital deployment of its parent company, Digital Bridge," said Governor Bush. "I have long been a strong proponent of the role that improved telecommunications infrastructure can and should play in enhancing our quality of life in so many diverse ways. I look forward to contributing to the continued progress at Vertical Bridge."
Coinciding with Governor Bush taking a seat on the Board, Vertical Bridge also announced that it has surpassed 52,000 total owned and master-leased sites in its portfolio. Since the company launched less than three years ago, Vertical Bridge has completed more than 100 acquisitions to become, by far, the largest private owner and manager of telecommunications assets in the U.S.
"Governor Bush understands and appreciates the need for greater wireless telecommunications infrastructure," said Marc Ganzi, Executive Chairman of Vertical Bridge and co-founder and Chief Executive Officer of Digital Bridge Holdings, LLC, Vertical Bridge's largest investor. "We are delighted to welcome him to our Board and to have the benefit of his experienced, clear-thinking, strategic counsel as we plan and execute our growth strategy going forward."
Governor Bush served as the 43rd governor of Florida from 1999 to 2007, and resides in Miami with his wife, Columba. In addition to serving on the Board of Directors of several other privately held companies and non-profit organizations, Governor Bush serves as Chairman of Dock Square Capital LLC, a merchant bank headquartered in Miami. Dock Square Communications LP, an affiliate of Dock Square Capital LLC, has made an investment in Vertical Bridge to coincide with Governor Bush joining the Board of Directors. Governor Bush is also Founder and Chairman of the Foundation for Excellence in Education, a national education reform non-profit organization dedicated to improving the quality of education for every child.
Governor Bush joins Ganzi on a Board that also includes Ben Jenkins, Co-Founder and Chairman of Digital Bridge Holdings, Alex Gellman, Chief Executive Officer of Vertical Bridge, Trent Vichie, Senior Managing Director of Stonepeak Infrastructure Partners, Eion Hu, Senior Partner of The Jordan Company, and Ed Pallesen, Head of Infrastructure Investment for the Americas at Goldman Sachs Group.
About Vertical Bridge
Vertical Bridge REIT, LLC is the largest private owner and operator of communications infrastructure and locations in the United States, with a portfolio of more than 500,000 sites, including over 11,000 owned and master-leased towers and the nation’s largest and tallest collection of broadcast tower sites. The Company’s portfolio spreads across all 50 states and Puerto Rico and is comprised of towers, rooftops, billboards, utility attachments, convenience stores and other locations in support of wireless network deployments. In addition to colocation, Vertical Bridge offers build-to-suit, edge data centers and in-building wireless network solutions.
Based in Boca Raton, Florida, Vertical Bridge was founded in 2014 and is led by a senior management team with over 400 years of collective experience in tower infrastructure and related sectors. Vertical Bridge became the first tower company in the world to achieve the CarbonNeutral® company certified status in 2020 and has been recertified every year since. For more information, please visit www.verticalbridge.com.
About Dock Square Capital LLC
Dock Square Capital, LLC is a Miami based merchant bank, founded on the core principals of transparency, creativity, trust, and alignment of interest with our partners and investors. Dock Square Capital operates at the nexus of a global network of entrepreneurs and families, and possesses the structural flexibility to add value as principal investors, strategic advisors, and joint venture partners.
SOURCE Vertical Bridge