CUSIP No. 24345601000 Page 1 of 12 Pages
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________
SCHEDULE 13G
Information Statement pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. )
DecisionOne Holdings Corp.
_________________________________________________________________
(Name of Issuer)
Common Stock, $.01 par value
_________________________________________________________________
(Title of Class of Securities)
24345601000
__________________________________________________________________
(CUSIP Number)
________________________
<PAGE>
CUSIP No. 24345601000 Page 2 of 12 Pages
_________________________________________________________________
1) Name of Reporting Person Welsh, Carson,
S.S. or I.R.S. Identification Anderson & Stowe VI,
No. of Above Person L.P.
_________________________________________________________________
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
_________________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Citizenship or Place Delaware
of Organization
_________________________________________________________________
Number of 5) Sole Voting 2,266,410 shares of Shares
Beneficially Power Common Stock, $.01
Owned by Each par value ("Common
Reporting Person Stock")
With: _______________________________________
6) Shared Voting
Power -0-
_______________________________________
7) Sole Disposi- 2,266,410 shares of
tive Power Common Stock
_______________________________________
8) Shared Dis-
positive Power -0-
________________________________________
9) Aggregate Amount Beneficially 2,266,410 shares of
Owned by Each Reporting Person Common Stock
_________________________________________________________________
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
_________________________________________________________________
11) Percent of Class
Represented by 8.2%
Amount in Row (9)
_________________________________________________________________
12) Type of Reporting
Person PN
<PAGE>
CUSIP No. 24345601000 Page 3 of 12 Pages
_________________________________________________________________
1) Name of Reporting Person Welsh, Carson,
S.S. or I.R.S. Identification Anderson &
No. of Above Person Stowe IV
_________________________________________________________________
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
_________________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Citizenship or Place New York
of Organization
_________________________________________________________________
Number of 5) Sole Voting 5,155,947 shares of Shares
Beneficially Power Common Stock
Owned by Each
Reporting Person ________________________________________
With: 6) Shared Voting
Power -0-
________________________________________
7) Sole Disposi- 5,155,947 shares of
tive Power Common Stock
________________________________________
8) Shared Dis-
positive Power -0-
________________________________________
9) Aggregate Amount Beneficially 5,155,947 shares of
Owned by Each Reporting Person Common Stock
_________________________________________________________________
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
_________________________________________________________________
11) Percent of Class
Represented by 18.6%
Amount in Row (9)
_________________________________________________________________
12) Type of Reporting
Person PN
<PAGE>
CUSIP No. 24345601000 Page 4 of 12 Pages
_________________________________________________________________
1) Name of Reporting Person WCAS Capital
S.S. or I.R.S. Identification Partners, L.P.
No. of Above Person
_________________________________________________________________
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
_________________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Citizenship or Place Delaware
of Organization
_________________________________________________________________
Number of Shares 5) Sole Voting 2,914,857 shares
Beneficially Power of Common Stock
Owned by Each
Reporting Person
With: ________________________________________
6) Shared Voting
Power -0-
________________________________________
7) Sole Disposi- 2,914,857 shares
tive Power of Common Stock
_______________________________________
8) Shared Dis-
positive Power -0-
________________________________________
9) Aggregate Amount Beneficially 2,914,857 shares
Owned by Each Reporting Person of Common Stock
_________________________________________________________________
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
_________________________________________________________________
11) Percent of Class
Represented by 10.5%
Amount in Row (9)
_________________________________________________________________
12) Type of Reporting
Person PN
<PAGE>
CUSIP No. 24345601000 Page 5 of 12 Pages
_________________________________________________________________
1) Name of Reporting Person WCAS Venture
S.S. or I.R.S. Identification Partners
No. of Above Person
_________________________________________________________________
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
_________________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Citizenship or Place New York
of Organization
_________________________________________________________________
Number of Shares 5) Sole Voting 18,630 shares
Beneficially Power of Common Stock
Owned by Each
Reporting Person
With: ________________________________________
6) Shared Voting
Power -0-
________________________________________
7) Sole Disposi- 18,630 shares
tive Power of Common Stock
_______________________________________
8) Shared Dis-
positive Power -0-
________________________________________
9) Aggregate Amount Beneficially 18,630 shares
Owned by Each Reporting Person of Common Stock
_________________________________________________________________
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
_________________________________________________________________
11) Percent of Class
Represented by 0.1%
Amount in Row (9)
_________________________________________________________________
12) Type of Reporting
Person PN
<PAGE>
CUSIP No. 24345601000 Page 6 of 12 Pages
_________________________________________________________________
1) Name of Reporting Person WCAS Information
S.S. or I.R.S. Identification Partners, L.P.
No. of Above Person
_________________________________________________________________
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
_________________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Citizenship or Place Delaware
of Organization
_________________________________________________________________
Number of Shares 5) Sole Voting 51,176 shares
Beneficially Power of Common Stock
Owned by Each
Reporting Person
With: ________________________________________
6) Shared Voting
Power -0-
________________________________________
7) Sole Disposi- 51,176 shares
tive Power of Common Stock
_______________________________________
8) Shared Dis-
positive Power -0-
________________________________________
9) Aggregate Amount Beneficially 51,176 shares
Owned by Each Reporting Person of Common Stock
_________________________________________________________________
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
_________________________________________________________________
11) Percent of Class
Represented by 0.2%
Amount in Row (9)
_________________________________________________________________
12) Type of Reporting
Person PN
<PAGE>
CUSIP No. 24345601000 Page 7 of 12 Pages
Schedule 13G
____________
Item 1(a) - Name of Issuer: DecisionOne Holdings Corp.
Item 1(b) - Address of Issuer's Principal Executive Offices:
50 East Swedesford Road
Frazer, PA 19355
Item 2(a) - Name of Person Filing:
This statement is being filed by Welsh, Carson, Anderson &
Stowe VI, L.P., a Delaware limited partnership ("WCAS VI"),
Welsh, Carson, Anderson & Stowe IV, a New York limited
partnership ("WCAS IV"), WCAS Capital Partners, L.P., a
Delaware limited partnership ("Capital Partners"), WCAS
Venture Partners, a New York limited partnership ("Venture
Partners"), and WCAS Information Partners, L.P., a Delaware
limited partnership ("Information Partners") (collectively,
the "Reporting Persons").
Item 2(b) - Address of Principal Business Office:
320 Park Avenue, Suite 2500
New York, New York 10022
Item 2(c) - Place of Organization:
WCAS VI: Delaware
WCAS IV: New York
Capital Partners: Delaware
Venture Partners: New York
Information Partners: Delaware
Item 2(d) - Title of Class of Securities:
Common Stock, $.01 par value ("Common Stock")
Item 2(e) - CUSIP Number: 24345601000
Item 3 - Statements Filed Pursuant to Rules 13d-1(b) or 13d-2(b):
Not applicable.
<PAGE>
CUSIP No. 24345601000 Page 8 of 12 Pages
Item 4 - Ownership.
(a) Amount Beneficially Owned:
WCAS VI: 2,266,410 shares of Common Stock
WCAS IV: 5,155,947 shares of Common Stock
Capital Partners: 2,914,857 shares of Common Stock
Venture Partners: 18,630 shares of Common Stock
Information Partners: 51,176 shares of Common
Stock
(b) Percent of Class:
WCAS VI: 8.2%
WCAS IV: 18.6%
Capital Partners: 10.5%
Venture Partners: 0.1%
Information Partners: 0.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
WCAS VI: 2,266,410 shares of Common Stock
WCAS IV: 5,155,947 shares of Common Stock
Capital Partners: 2,914,857 shares of Common Stock
Venture Partners: 18,630 shares of Common Stock
Information Partners: 51,176 shares of Common
Stock
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of:
WCAS VI: 2,266,410 shares of Common Stock
WCAS IV: 5,155,947 shares of Common Stock
Capital Partners: 2,914,857 shares of Common Stock
Venture Partners: 18,630 shares of Common Stock
Information Partners: 51,176 shares of Common
(iv) shared power to dispose or to direct the disposition
of: -0-
<PAGE>
CUSIP No. 24345601000 Page 9 of 12 Pages
Item 5 - Ownership of Five Percent or Less of a Class:
Not applicable.
Item 6 - Ownership of More than Five Percent on Behalf of Another
Person:
Not applicable.
Item 7 - Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent
Company:
Not applicable.
Item 8 - Identification and Classification of Members of the Group:
See Exhibit 2.
Item 9 - Notice of Dissolution of Group:
Not applicable.
Item 10 - Certification:
Not applicable.
<PAGE>
CUSIP No. 24345601000 Page 10 of 12 Pages
Signature:
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
WELSH, CARSON, ANDERSON & STOWE VI, L.P.
By: WCAS VI Partners, General Partner
By /s/ Laura VanBuren
General Partner
WELSH, CARSON, ANDERSON & STOWE IV
By: WCAS IV Partners, General Partner
By /s/ Russell L. Carson
General Partner
WCAS CAPITAL PARTNERS, L.P.
By: WCAS CP Partners, General Partner
By /s/ Russell L. Carson
General Partner
WCAS VENTURE PARTNERS
By: WCAS Ventures, General Partner
By /s/ Laura VanBuren
General Partner
WCAS INFORMATION PARTNERS, L.P.
By: WCAS IP Partners, General Partner
By /s/ Thomas E. McInerney
General Partner
Dated: January 21, 1997
<PAGE>
CUSIP No. 24345601000 Page 11 of 12 Pages
EXHIBIT 1
AGREEMENT
OF
WELSH, CARSON, ANDERSON & STOWE VI, L.P.
WELSH, CARSON, ANDERSON & STOWE IV
WCAS CAPITAL PARTNERS, L.P.
WCAS INFORMATION PARTNERS, L.P.
AND
WCAS VENTURE PARTNERS
PURSUANT TO RULE 13d-1(f)
_________________________
The undersigned hereby agree that the Information Statement
on Schedule 13G to which this Agreement is annexed as Exhibit 1 is
filed on behalf of each of them in accordance with the provisions of
Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended.
WELSH, CARSON, ANDERSON & STOWE VI, L.P.
By: WCAS VI Partners, General Partner
By /s/ Laura VanBuren
General Partner
WELSH, CARSON, ANDERSON & STOWE IV
By: WCAS IV Partners, General Partner
By /s/ Russell L. Carson
General Partner
WCAS CAPITAL PARTNERS, L.P.
By: WCAS CP Partners, General Partner
By /s/ Russell L. Carson
General Partner
WCAS VENTURE PARTNERS
By: WCAS Ventures, General Partner
By /s/ Laura VanBuren
General Partner
WCAS INFORMATION PARTNERS, L.P.
By: WCAS IP Partners, General Partner
By /s/ Thomas E. McInerney
General Partner
Dated: January 21, 1997
<PAGE>
CUSIP No. 24345601000 Page 12 of 12 Pages
EXHIBIT 2
Identification and Classification
of Members of the Group
_________________________________
Welsh, Carson, Anderson & Stowe VI, L.P., Welsh, Carson,
Anderson & Stowe IV, WCAS Capital Partners, L.P., WCAS Venture Partners
and WCAS Information Partners, L.P. are filing this statement on
Schedule 13G as a group.
Welsh, Carson, Anderson & Stowe VI, L.P. is a Delaware
limited partnership. Its sole general partner is WCAS VI Partners,
L.P., a Delaware limited partnership.
Welsh, Carson, Anderson & Stowe IV is a New York limited
partnership. Its sole general partner is WCAS IV Partners, a New York
general partnership.
WCAS Capital Partners, L.P. is a Delaware limited
partnership. Its sole general partner is WCAS CP Partners, a New York
general partnership.
WCAS Venture Partners is a New York limited partnership. Its
sole general partner is WCAS Ventures, a New York general partnership.
WCAS Information Partners, L.P. is a Delaware limited
partnership. Its sole general partner is WCAS IP Partners, a Delaware
general partnership.
