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Marc Ganzi

From Wikipedia, the free encyclopedia
Marc Ganzi
NationalityAmerican
EducationWharton School of the University of Pennsylvania
Occupation(s)Businessman
Philanthropist
SpouseMelissa Ganzi
ChildrenGrant Ganzi, Riley Ganzi

Marc Ganzi is an American businessman. He is the president and CEO of DigitalBridge, and is the founder and former CEO of Digital Bridge Holdings and Global Tower Partners. He is also a polo player.

Early life

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He received a Bachelor of Science in business administration from the Wharton School of the University of Pennsylvania.[1][2] He interned in the White House for Stephen M. Studdert, special advisor to President George H. W. Bush in 1989.[1][2] In 1990, Ganzi served as an assistant Commercial Attaché in Madrid for the U.S. Department of Commerce’s Foreign Commercial Service Department.[3]

Career

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After graduation, Ganzi bought distressed real estate for Resolution Trust Corporation.[4]

He worked at Deutsche Bank, where he oversaw investments in the radio tower sector.[1]

In 1993, he co-founded AD Development Corporation, a real estate development company in the Mid-Atlantic states, where he worked until 1994.[1] He co-founded Apex Site Management, which was purchased by SpectraSite, and he served as group president for a year.[1] In 1998, Ganzi founded Eureka Broadband, an application service provider and high-speed Internet access corporation.[1][5] From 2000 to 2002, he was a partner in DB Capital Partners in New York City.[1][2]

In 2003, he founded Global Tower Partners, a telecommunications company headquartered in Boca Raton, Florida.[1][6] He served as its chief executive officer and built the company into the largest privately held operator of U.S. cell towers.[1][4] The company was purchased by Macquarie Group (ASXMQG) in 2007,[6] and, in 2013, American Tower Corporation (NYSEAMT) acquired GTP for $4.8 billion.[7]

In 2013, Ganzi and Ben Jenkins founded Digital Bridge Holdings, an investor and operator of mobile and internet connectivity companies.[8] Digital Bridge Holdings was acquired by Colony Capital in 2019, where Ganzi took over as CEO-elect.[9][10] On July 1, 2020, he became CEO and president of Colony Capital. In 2021, the company rebranded to become DigitalBridge, a digital infrastructure investment firm, and he remained in those respective positions.[4]

In 2024, hours after DigitalBridge's acquisition of Verizon Wireless's cellular towers, the nation experienced wipespread outages. Further inflating issues in recovery and resource coordination after Hurricane Helene. [11][12]

Personal life

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He is married to Melissa Ganzi, who is also a polo player.[13] She has played polo with William, Prince of Wales and King Charles III.[13] They have two children together, son Grant and daughter Riley, who are also polo players. They reside in Wellington, Florida.[13]

References

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  1. ^ a b c d e f g h i Bloomberg BusinessWeek
  2. ^ a b c Global Tower Partners biography Archived 2013-07-19 at the Wayback Machine
  3. ^ "Mr. Marc Ganzi". American Conference. Retrieved December 18, 2021.
  4. ^ a b c Miriam Gottfried (November 21, 2021). "DigitalBridge Rides Wave of Investment in Data Centers, Cell Towers". Wall Street Journal. Retrieved December 18, 2021.
  5. ^ "Playing at High Speed". Pennsylvania Gazette. April 24, 2017. Retrieved December 19, 2021.
  6. ^ a b Shu-Ching Jean Chen, Macquarie Buys U.S. Wireless Tower Company, Forbes, 07/02/2007
  7. ^ Goldstein, Phil (September 6, 2013). "American Tower to buy smaller rival GTP for $4.8B". Fierce Wireless.
  8. ^ Bill Stoller (January 23, 2020). "Colony Capital's CEO-Elect Marc Ganzi Explains Its Pivot to Digital". Data Center Knowledge. Retrieved December 18, 2021.
  9. ^ "Colony Capital Buys Digital Bridge Holdings, for $325M". FinSMEs. July 26, 2019. Retrieved December 18, 2021.
  10. ^ "Colony Capital Announces Rebrand as DigitalBridge". BusinessWire. June 8, 2020. Retrieved December 18, 2021.
  11. ^ Correal, Annie. "Verizon Cellphone Users Report Outages Across the U.S." The New York Times.
  12. ^ Singh, Jaspreet. "Verizon in $3.3 bln mobile tower deal with infrastructure firm Vertical Bridge". Reuters.
  13. ^ a b c Nadia Sorocka, Ganzi has a royal game as Prince Harry's teammate, Sun-Sentinel, May 29, 2013