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: February 28, 2011 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 * GTCR PARTNERS VII L P	2. Issuer Name and Ticker or Trading Symbol SYNIVERSE HOLDINGS INC [ SVR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                      _____ 10% Owner _____ Officer (give title below)      __ X __ Other (specify below) See remarks below
(Last)          (First)          (Middle) C/O GTCR GOLDER RAUNER, L.L.C., SEARS TOWER #6100	3. Date of Earliest Transaction (MM/DD/YYYY) 8/14/2008
(Street) CHICAGO, IL 60606-6402 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _ X _ 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	8/14/2008		S		690   (1)	D	$17.8	737219	D
Common Stock, par value $0.001 per share	8/14/2008		S		493   (1)	D	$17.72	736726	D
Common Stock, par value $0.001 per share	8/14/2008		S		296   (1)	D	$17.71	736430	D
Common Stock, par value $0.001 per share	8/14/2008		S		18924   (1)	D	$17.7	717506	D
Common Stock, par value $0.001 per share	8/14/2008		S		9856   (1)	D	$17.65	707650	D
Common Stock, par value $0.001 per share	8/14/2008		S		29567   (1)	D	$17.60	678083	D
Common Stock, par value $0.001 per share	8/14/2008		S		14782   (1)	D	$17.55	663301	D
Common Stock, par value $0.001 per share	8/15/2008		S		2168   (1)	D	$18.0	661133	D
Common Stock, par value $0.001 per share	8/15/2008		S		12522   (1)	D	$17.95	648611	D
Common Stock, par value $0.001 per share	8/15/2008		S		1084   (1)	D	$17.75	647527	D
Common Stock, par value $0.001 per share	8/15/2008		S		99   (1)	D	$17.74	647428	D
Common Stock, par value $0.001 per share	8/15/2008		S		296   (1)	D	$17.73	647132	D
Common Stock, par value $0.001 per share	8/15/2008		S		99   (1)	D	$17.72	647033	D
Common Stock, par value $0.001 per share	8/15/2008		S		1972   (1)	D	$17.71	645061	D
Common Stock, par value $0.001 per share	8/15/2008		S		10053   (1)	D	$17.7	635008	D
Common Stock, par value $0.001 per share	8/15/2008		S		395   (1)	D	$17.65	634613	D
Common Stock, par value $0.001 per share	8/15/2008		S		99   (1)	D	$17.64	634514	D
Common Stock, par value $0.001 per share	8/15/2008		S		197   (1)	D	$17.63	634317	D
Common Stock, par value $0.001 per share	8/15/2008		S		395   (1)	D	$17.62	633922	D
Common Stock, par value $0.001 per share	8/15/2008		S		5124   (1)	D	$17.6	628798	D
Common Stock, par value $0.001 per share	8/15/2008		S		690   (1)	D	$17.55	628108	D
Common Stock, par value $0.001 per share	8/15/2008		S		197   (1)	D	$17.54	627911	D
Common Stock, par value $0.001 per share	8/15/2008		S		2853   (1)	D	$17.53	625058	D
Common Stock, par value $0.001 per share	8/15/2008		S		9857   (1)	D	$17.5	615201	D
Common Stock, par value $0.001 per share	8/15/2008		S		9852   (1)	D	$17.45	605349	D
Common Stock, par value $0.001 per share								3926839	I	See footnote   (2)

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)	Reflects shares received by GTCR Partners VII, L.P. ("GTCR Partners VII") as a result of pro rata distributions from GTCR Fund VII, L.P. ("Fund VII") and GTCR Fund VII/A, L.P. ("Fund VII/A") that were exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13 promulgated thereunder.
( 2)	Reflects 2,619,083 shares held directly by Fund VII and 1,307,756 shares held directly by Fund VII/A. GTCR Partners VII is the general partner of Fund VII and Fund VII/A, and GTCR Golder Rauner, L.L.C. ("GTCR") is the general partner of GTCR Partners VII. As such, GTCR Partners VII and GTCR may be deemed to be beneficial owners of the 3,926,839 shares reported in Table I. GTCR Partners VII and GTCR expressly disclaim beneficial ownership of such shares reported in Table I, except to the extent of their pecuniary interest therein. The filing of this form shall not be deemed an admission that GTCR Partners VII or GTCR is, for Section 16 purposes or otherwise, the beneficial owner of such shares, except to the extent of their pecuniary interest therein.

Remarks: The Reporting Person may be deemed a director by virtue of its members serving on the board of directors of Syniverse Holdings, Inc.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
GTCR PARTNERS VII L P C/O GTCR GOLDER RAUNER, L.L.C. SEARS TOWER #6100 CHICAGO, IL 60606-6402				See remarks below
GTCR GOLDER RAUNER LLC C/O GTCR GOLDER RAUNER, LLC SEARS TOWER #6100 CHICAGO, IL 60606-6402				See remarks below

Signatures
/s/ Jody S. Gale under a Power of Attorney		8/18/2008
** 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).
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