<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
CORESTAFF, INC.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
218690 10 5
--------------------------------------------
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Continued on following page(s)
Page 1 of 13 Pages
Exhibit Index: Page 13
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CUSIP No. 218690 10 5 13G PAGE 2
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1 NAME OF REPORTING PERSON
GOLDER, THOMA, CRESSEY FUND III LIMITED PARTNERSHIP
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 33-3543169
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
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5 SOLE VOTING POWER
NUMBER OF None
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
8,701,921
OWNED BY
------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
8,701,921
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,701,921
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
27.83%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 3
CUSIP No. 218690 10 5 13G PAGE 3
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1 NAME OF REPORTING PERSON
GOLDER, THOMA, CRESSEY & RAUNER, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 36-3085470
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
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5 SOLE VOTING POWER
NUMBER OF None
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
8,701,921
OWNED BY
------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
8,701,921
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,701,921
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
27.84%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 4
CUSIP No. 218690 10 5 13G PAGE 4
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1 NAME OF REPORTING PERSON
CARL D. THOMA
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States Citizen
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5 SOLE VOTING POWER
NUMBER OF None
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
None
OWNED BY
------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
00%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 5
CUSIP No. 218690 10 5 13G PAGE 5
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1 NAME OF REPORTING PERSON
BRYAN C. CRESSEY
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States Citizen
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5 SOLE VOTING POWER
NUMBER OF None
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
None
OWNED BY
------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
None
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
00%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 6
CUSIP No. 218690 10 5 13G PAGE 6
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1 NAME OF REPORTING PERSON
BRUCE V. RAUNER
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States Citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF None
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
None
OWNED BY
------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
None
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
00%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 7
PAGE 7
ITEM 1(a) NAME OF ISSUER:
COREStaff, Inc. (the "Issuer").
ITEM 1(b) ADDRESS OF THE ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
4400 Post Oak Parkway, Suite 1130, Houston, Texas 77027-3413.
ITEM 2(a) NAME OF PERSON FILING:
This statement is filed on behalf of each of the following
persons (collectively, the "REPORTING PERSONS"):
1. Golder, Thoma, Cressey Fund III Limited Partnership
("FUND");
2. Golder, Thoma, Cressey & Rauner, L.P. ("GTCR");
3. Carl D. Thoma;
4. Bryan C. Cressey; and
5. Bruce V. Rauner.
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the principal business office of the Reporting
Person is 6100 Sears Tower, Chicago, Illinois 60606-6402.
ITEM 2(c) CITIZENSHIP:
Fund and GTCR are Illinois limited partnerships.
Messrs. Thoma, Cressey and Rauner are United States
Citizens.
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 par value (the "Shares").
ITEM 2(e) CUSIP NUMBER:
218690 10 5
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B),
OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
This Item 3 is not applicable.
ITEM 4. OWNERSHIP:
The information in Items 1 and 5 through 11 in the cover pages
(pages 2 through 6) hereof is hereby incorporated by
reference.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
This Item 5 is not applicable.
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PAGE 8
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON:
The limited partners of the Fund and GTCR, as general
partner, have the right to receipt of dividends from, or
proceeds from the sale of, securities held by the Fund
(including the Shares) in accordance with the terms of their
ownership interests in such limited partnership.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY:
This Item 7 is not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
This Item 8 is not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
This Item 9 is not applicable.
ITEM 10. CERTIFICATION:
This Item 10 is not applicable.
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PAGE 9
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is
true, complete and correct.
Date: February 13, 1997
By: /s/ Carl D. Thoma
---------------------------
Carl D. Thoma, signing in
the capacity listed on
Schedule A attached hereto
and incorporated herein by
reference
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PAGE 10
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is
true, complete and correct.
Date: February 13, 1997
By: /s/ Bryan C. Cressey
---------------------------
Bryan C. Cressey, signing
in the capacity listed on
Schedule A attached hereto
and incorporated herein by
reference
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PAGE 11
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is
true, complete and correct.
Date: February 13, 1997
By: /s/ Bruce V. Rauner
---------------------------
Bruce V. Rauner, signing in
the capacity listed on
Schedule A attached hereto
and incorporated herein by
reference
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PAGE 12
SCHEDULE A
Carl D. Thoma, individually
Bruce V. Rauner, individual, and as general partner of Golder, Thoma,
Cressey & Rauner, L.P., and on behalf of Golder, Thoma, Cressey & Rauner,
L.P., as general partner of Golder, Thoma, Cressey Fund III Limited
Partnership.
Bryan C. Cressey, individually
