Syniverse Holdings Inc - Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2008 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * ROCHE COLLIN E	2. Issuer Name and Ticker or Trading Symbol SYNIVERSE HOLDINGS INC [ SVR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director                      __ X __ 10% Owner _____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle) C/O SYNIVERSE HOLDINGS, INC., 8125 HIGHWOODS PALM WAY	3. Date of Earliest Transaction (MM/DD/YYYY) 3/6/2008
(Street) TAMPA, FL 33647 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	3/6/2008		S (1)		15	D	$16.95	1952	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		15	D	$16.94	1937	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		11	D	$16.93	1926	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		2	D	$16.92	1924	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		10	D	$16.91	1914	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		41	D	$16.90	1873	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		27	D	$16.89	1846	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		16	D	$16.88	1830	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		38	D	$16.87	1792	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		13	D	$16.86	1779	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		86	D	$16.85	1693	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		29	D	$16.84	1664	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		18	D	$16.83	1646	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		7	D	$16.82	1639	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		3	D	$16.81	1636	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		7	D	$16.80	1629	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		16	D	$16.79	1613	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		33	D	$16.78	1580	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		32	D	$16.77	1548	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		67	D	$16.76	1481	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		287	D	$16.75	1194	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		12	D	$16.66	1182	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share	3/6/2008		S (1)		44	D	$16.65	1138	I	See footnotes   (2) (3)
Common Stock, par value $0.001 per share								10289697	I	See footnotes   (2) (4)
Common Stock, par value $0.001 per share								5137826	I	See footnotes   (2) (5)
Common Stock, par value $0.001 per share								141239	I	See footnotes   (2) (6)
Common Stock, par value $0.001 per share								260277	I	See footnotes   (2) (7)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:
( 1)	Shares were received by GTCR Golder Rauner, L.L.C. ("GTCR") on February 26, 2008 as a result of a pro rata distribution from GTCR Co-Invest, L.P. ("Co-Invest"). This transaction was exempt from Section 16 pursuant to Rule 16a-13.
( 2)	The Reporting Person expressly disclaims beneficial ownership of the shares reported in Table I, except to the extent of his pecuniary interest therein. The filing of this form shall not be deemed an admission that the Reporting Person is, for Section 16 purposes or otherwise, the beneficial owner of such shares.
( 3)	Reflects shares held directly by GTCR. GTCR is managed by its members. The Reporting Person is a member of GTCR and may be deemed to have an indirect pecuniary interest in the shares owned by GTCR to the extent of the Reporting Person's indirect proportionate interest in GTCR.
( 4)	GTCR Fund VII, L.P. ("Fund VII") is the direct beneficial owner of such shares. GTCR Partners VII, L.P. ("GTCR Partners VII") is the general partner of Fund VII and GTCR is the general partner of GTCR Partners VII. As such, GTCR Partners VII and GTCR may be deemed to be beneficial owners of such shares. GTCR is managed by its members. The Reporting Person is a member of GTCR and GTCR Partners VII and may be deemed to have an indirect pecuniary interest in the shares owned by Fund VII to the extent of the Reporting Person's indirect proportionate interest in Fund VII.
( 5)	GTCR Fund VII/A, L.P. ("Fund VII/A") is the direct beneficial owner of such shares. GTCR Partners VII is the general partner of Fund VII/A and GTCR is the general partner of GTCR Partners VII. As such, GTCR Partners VII and GTCR may be deemed to be beneficial owners of such shares. GTCR is managed by its members. The Reporting Person is a member of GTCR and GTCR Partners VII and may be deemed to have an indirect pecuniary interest in the shares owned by Fund VII/A to the extent of the Reporting Person's indirect proportionate interest in Fund VII/A.
( 6)	Co-Invest is the direct beneficial owner of such shares. GTCR is the general partner of Co-Invest. As such, GTCR may be deemed to be a beneficial owner of such shares. GTCR is managed by its members. The Reporting Person is a member of GTCR and may be deemed to have an indirect pecuniary interest in the shares owned by Co-Invest to the extent of the Reporting Person's indirect proportionate interest in Co-Invest.
( 7)	GTCR Capital Partners, L.P. ("Capital Partners") is the direct beneficial owner of such shares. GTCR Mezzanine Partners, L.P. ("Mezzanine Partners") is the general partner of Capital Partners. GTCR Partners VI, L.P. ("GTCR Partners VI") is the general partner of Mezzanine Partners. GTCR is the general partner of GTCR Partners VI. As such, Mezzanine Partners, GTCR Partners VI and GTCR may be deemed to be beneficial owners of such shares. GTCR is managed by its members. The Reporting Person is a member of GTCR, Mezzanine Partners and GTCR Partners VI and may be deemed to have an indirect pecuniary interest in the shares owned by Capital Partners to the extent of the Reporting Person's indirect proportionate interest in Capital Partners.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
ROCHE COLLIN E C/O SYNIVERSE HOLDINGS, INC. 8125 HIGHWOODS PALM WAY TAMPA, FL 33647	X	X

Signatures
/s/ Jody S. Gale under a Power of Attorney		3/10/2008
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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