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GTCR Announces Partnership with Telecom Lease Advisors

Mar 3, 2012

CHICAGO, IL -- March 12, 2012 -- GTCR, a leading private equity firm, today announced it has entered into a partnership with Telecom Lease Advisors ("TLA"), a land lease acquisition firm led by Jarred Saba and Andrew Corkern. GTCR has committed up to $150 million of equity capital to fund TLA's growth.

"We are excited to have the opportunity to partner with the executives at TLA, Jarred Saba and Andrew Corkern, proven leaders in the acquisition of land interests underlying the key infrastructure of wireless networks," said David Donnini, Principal at GTCR. “This investment exemplifies our strategy of partnering with industry leaders and we look forward to helping TLA leverage its deep industry expertise.”

“We believe this partnership will provide TLA with the financial means to develop further its origination capability and take the business to the next level,” said Jarred Saba, Chief Executive Officer of TLA. “We look forward to expanding both our team and our portfolio to build the company."

GTCR's investment in TLA will be made from GTCR Fund X, a private equity fund with $3.25 billion of committed capital.

About GTCR
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare and Information Services & Technology industries. The Chicago-based firm pioneered the "Leaders Strategy" – finding and partnering with management leaders as the critical first step in identifying, acquiring and building market-leading companies through acquisitions and organic growth. Since its inception, GTCR has invested more than $9 billion in over 200 companies. For more information, please visit www.gtcr.com.

Lease Advisors
Lease Advisors, a wholly owned subsidiary of American Tower Corporation, is the premier ground lease acquisition firm offering the most competitive payouts for cellular site buyout transactions. Our lease consultants assist with cellular lease acquisitions, consultations, negotiations, and various other issues that accompany owning a lease asset. Our firm prides itself in our extensive experience and knowledge of the ground lease market, and an unyielding commitment to quality service and maximum value for our clients.
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