The Jordan Company, Goldman Sachs Asset Management and Stonepeak Partners Exit Investment in Vertical Bridge

The Jordan Company, the infrastructure business within Goldman Sachs Asset Management, and Stonepeak Partners, founding shareholders in Vertical Bridge Holdings, LLC, today announced the sale of their interests in the business following a successful seven-year investment.

Vertical Bridge is the largest private owner and operator of wireless communications infrastructure and locations in the United States. Since its inception in 2014, Vertical Bridge has completed more than 300 acquisitions and grown its portfolio to more than 308,000 sites, including over 8,000 owned and master-leased towers and the nation’s largest and tallest collection of broadcast tower sites.

“I could not be more proud of the talented team at Vertical Bridge that has driven our significant growth and scaled our platform to meet the evolving needs of our customers,” said Alex Gellman, CEO and Co-Founder of Vertical Bridge. “We are grateful for the strategic support and resources The Jordan Company, Goldman Sachs and Stonepeak have provided as we have grown the business and built innovative infrastructure solutions for customers. We look forward to the next chapter for Vertical Bridge in partnership with institutional investors who have embraced our private, permanent and at scale growth strategy for the business.”