As Vertical Bridge Holdings, LLC enters its fifth year, the company announced it has built more than 500 macro towers for U.S. telecommunications carriers to date, with the majority having been constructed within the last year. Vertical Bridge, in a corporate statement, said it has grown its portfolio to 266,000 owned, master-leased and right-to-master sites, making it, “the largest private owner and operator of communications infrastructure in the United States.”
Since Vertical Bridge was founded in 2014, the company has had a string of successes that includes four securitizations in the last two years as well as more than 250 acquisitions, which have helped to increase its owned and master-leased tower portfolio to over 16,000 sites across the country.
Vertical Bridge has been on a dramatic growth trajectory since its start only a few years ago with thanks given to co-founders Alex Gellman, Bernard Borghei, Mike Belski by Marc Ganzi, Executive Chairman of Vertical Bridge and Co-Founder and CEO of Digital Bridge Holdings, LLC, Vertical Bridge’s largest investor. “They have continually found new ways to expand their portfolio, develop new partnerships and meet the needs of infrastructure customers in a dynamic sector,” Ganzi said.
“When my co-founders and I started Vertical Bridge, our goal was, and still is, to disrupt the wireless infrastructure model with a different type service, one that allowed us to move quickly while remaining extremely flexible,” said CEO Alex Gellman. “This model has been a key driver to our success, and we wouldn’t be able to do it without the right team in place ‒ from investors to management to every one of our employees. We are extremely grateful to have had their support and dedication over the past four years and look forward to continuing to work together as we keep growing.”
January 15, 2019