Mar 22, 2017
BOCA RATON, Fla., March 22, 2017 /PRNewswire
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 is the largest private owner and manager of communication towers and locations in the United States. The company owns, operates and manages over 52,000 tower, rooftop, billboard, utility attachment and other site locations in support of all wireless network deployments. Based in Boca Raton, Florida, Vertical Bridge was founded in 2014 by key executives from Digital Bridge Holdings, LLC and former senior officers of Global Tower Partners. The senior management team at Vertical Bridge has over 150 years of collective experience in tower infrastructure and related sectors. 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.