Global Tower Partners
 | |
| Type | Private |
|---|---|
| Industry | Telecommunication Towers |
| Founded | 2002 |
| Headquarters | Boca Raton, Florida, U.S. |
| Key people | Marc Ganzi (CEO) |
| Website | www.gtpsites.com |
Global Tower Partners (GTP), based in Boca Raton, Florida, is the largest privately owned tower operator in the U.S. and the fourth largest independent operator in this sector. GTP owns, manages, or master leases more than 16,000 wireless sites and over 40,000 miles of railroad rights of way throughout the U.S.[1] GTP leases space on towers and rooftops to leading wireless communications providers including AT&T Wireless, Verizon Wireless, Sprint, T-Mobile, US Cellular, Metro PCS, and Leap Wireless. GTP was founded in 2002 and began operations in October 2003. Marc Ganzi, the company's Chief Executive Officer, was the sole founder.[2]
Founding
GTP was founded in 2002 and began operations in October 2003 under direction of the company's Chief Executive Officer, Marc Ganzi. Prior to GTP, Mr. Ganzi was the President and co-founder of Apex Site Management, a company that was the largest third party manager of wireless and wireline communications sites. From his experience with Apex, as well as time spent as a Group President of SpectraSite Communications and as a consulting partner for DB Capital Partners, Ganzi formulated the idea for a fast, friendly, and flexible tower operator. With the backing of Great Hill Partners, GTP was founded under these three guiding principles, which the company still follows today.[2]
Key Milestones
•February 2012 - GTP secures $282 million and closes $60 million Senior Credit Facility in Costa Rica
•October 2011 - GTP announced the deployment of a solar system solution, in partnership with Design Energy Alliance, at a generator-powered cell tower site in Sleeping Beauty, CA
•September 2011 - GTP announced the acquisition of GS Cell Site Holding LLC from GS Global Infrastructure Partners
•August 2011 - GTP acquired 37 towers from NV Energy
•July 2011 - GTP closes $645 million securitization
•May 2011 - GTP secures telecommunications management and right to lease agreement for 156 Arden Realty properties
•April 2011 - GTP announced the acquisition of 130 towers from Cricket Communications
•September 2010 - GTP announced the closing of the wireless assets, income, and attachments built on Norfolk Southern (NYSE: NSC) property from CitySwitch, LLC. The acquisition also includes CitySwitch's tower development and marketing agreements with the railroad. This agreement gives GTP access and master license rights to more than 450 towers and tower development rights along approximately 21,000 miles of NS right of way in the eastern and central U.S.
•September 2010 - GTP announced the acquisition of the rooftop management and consulting business Highpointe Group. The Highpointe portfolio contributes 2,422 new managed and master leased rooftop sites to GTP's nationwide site portfolio.
•February 2010: GTP announced a $250 million securitization financing more than 1000 towers and a $155 million senior credit facility
•2009: GTP consummated over 50 transactions acquiring 475 towers, rooftops, or master ground/rooftop leases
•December 2008: GTP acquired 235 towers from AT&T and entered into a $165 million senior credit facility; subsequently upsized to $265 million
•September 2007: GTP acquired 549 towers from AT&T
•July 2007: GTP acquired by Macquarie Group
•May 2007: GTP announced a new $134 million senior credit facility and a $480 million securitization financing more than 2,000 towers
•January 2006: GTP acquired 211 towers from TCP Communications
•July 2005: GTP acquired 212 towers from Mesa Communications
•June 2005: GTP acquired 564 towers from Dobson Communications (now AT&T) and secured a $485 million senior credit facility
•April 2005: GTP acquired by the Blackstone Group
•August 2004: GTP secured a new $100 million senior credit facility and acquired 249 towers from Titan Towers
•October 2003: GTP began operations with backing of Great Hill Partners and acquired 187 towers from American Tower Corp.[2]
Corporate Governance
Corporate Officers
The main corporate officers are: Marc C. Ganzi (Chief Executive Officer), Alexander L. Gellman (President and COO), Ronald L. Rubin (Chief Financial Officer), Bernard A. Borghei (Senior Vice President, Operations), Shawn R. Ruben (Senior Vice President & General Counsel), Jose Sola (Senior Vice President, Corporate Development – Latin America), Dagan T. Kasavana (Senior Vice President, Mergers & Acquisitions), Liam Stewart (Senior Vice President, Treasury and Planning), Michael J. Belski (Senior Vice President, Leasing and Marketing), Jim Rech (Vice President, Development), Lisa Aliperta (Vice President, Finance), Robert G. Raville (Vice President, Railroad Development), Mark Serwinowski (Vice President, Information Technology), Jim McCulloch (Vice President, Real Estate), Daniel J. Turnpaugh (Vice President, Utility Development), and Timothy J. Culver (Senior Legal Advisor).[3]
Industry Recognition
Marc Ganzi, GTP's Chief Executive Officer, is the former chairman of the Personal Communications Industry Association (PCIA).
Mike Belski, GTP's Senior Vice President of Leasing and Marketing, is president of the Florida Wireless Association (FWA).
In 2009 and 2010, Mr. Ganzi was selected as an award finalist for the Ernst & Young Entrepreneur of the Year Florida.[4]
Ownership
Global Tower Partners is owned by its senior management team and a consortium of funds managed by Macquarie Group, including Macquarie Infrastructure Partners and Macquarie Infrastructure Partners II.[5]
Philanthropy
GTP regularly gives back to local communities through support of organizations including: AmeriCares, Doctors without Borders, Florence Fuller Child Development Center in Boca Raton, Locks of Love, Salvation Army, and the United Methodist Church Florida Conference Storm Recovery Center.[6]
References
- ↑ "About GTP". Global Tower Partners. Retrieved 12 July 2011.
- ↑ 2.0 2.1 2.2 "GTP's Founding". History. Retrieved 12 July 2011.
- ↑ "Senior Management". Global Tower Partners. Retrieved 12 July 2011.
- ↑ "GTP's Awards and Honors". History. Retrieved 12 July 2011.
- ↑ "Investors". Our Investors. Retrieved 12 July 2011.
- ↑ "GTP Cares". About GTP. Retrieved 12 July 2011.
External links