<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 2)/1/
VDI MultiMedia
-------------------------------------------------
(Name of Issuer)
Common Stock, no par value
-------------------------------------------------
(Title of Class of Securities)
917916108
-------------------------------------------------
(CUSIP Number)
VMM Merger Corp.
c/o Bain Capital, Inc.
Two Copley Place
Boston, Massachusetts 02116
(617) 572-3000
Attn: Joseph Pretlow
-------------------------------------------------
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
June 5, 2000
-------------------------------------------------
(Date of Event which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[_].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
/1/ 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 disclosures provided in a prior cover page.
The information required on 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 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).
Page 1 of 14 Pages
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_____________________________ _________________________
CUSIP NO. 917916108 13D Page 2 of 14 Pages
----------------- --- ----
_____________________________ _________________________
==============================================================================
1 NAME OF REPORTING PERSON
VMM Merger Corp.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E)
[_]
------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
-----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
==============================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------- ---------------------------
CUSIP No. 917916108 13D Page 3 of 14 Pages
-------------------- ---------------------------
===============================================================================
1 NAME OF REPORTING PERSON
Bain Capital Fund VI, L.P.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
0
BENEFICIALLY -----------------------------------------------------------
8 SHARED VOTING POWER
OWNED BY
EACH 0
-----------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
0
WITH -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
==============================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------- ---------------------------
CUSIP No. 917916108 13D Page 4 of 14 Pages
-------------------- ---------------------------
===============================================================================
1 NAME OF REPORTING PERSON
Bain Capital Fund VI, L.P.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
0
BENEFICIALLY -----------------------------------------------------------
8 SHARED VOTING POWER
OWNED BY
EACH 0
-----------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
0
WITH -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
==============================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------- ---------------------------
CUSIP No. 917916108 13D Page 5 of 14 Pages
-------------------- ---------------------------
===============================================================================
1 NAME OF REPORTING PERSON
Bain Capital Investors VI, Inc.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
0
BENEFICIALLY -----------------------------------------------------------
8 SHARED VOTING POWER
OWNED BY
EACH 0
-----------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
0
WITH -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
==============================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------- ---------------------------
CUSIP No. 917916108 13D Page 6 of 14 Pages
-------------------- ---------------------------
===============================================================================
1 NAME OF REPORTING PERSON
W. Mitt Romney
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [_]
------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
0
BENEFICIALLY -----------------------------------------------------------
8 SHARED VOTING POWER
OWNED BY
EACH 0
-----------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
0
WITH -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
==============================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1. Security and Issuer.
The class of equity security to which this Statement relates is the common
stock, no par value (the "Common Stock") of VDI MultiMedia, a California
corporation (the "Company"). The name and address of the principal executive
offices of the Company are VDI MultiMedia, 6920 Sunset Boulevard, Hollywood,
California 90028.
Item 2. Identity and Background.
This Statement is being jointly filed by each of the following persons
pursuant to Rule 13d-1(f) promulgated by the Securities and Exchange Commission
(the "Commission") pursuant to Section 13 of the Securities Exchange Act of 1934
as amended (the "Exchange Act"):
(i) VMM Merger Corp. ("VMM"), a Delaware corporation, by virtue of its deemed
beneficial ownership of 5,376,400 shares of Common Stock;
(ii) Bain Capital Fund VI, L.P. ("BCF VI"), a Delaware limited partnership, as
the sole stockholder of VMM;
(iii) Bain Capital Partners VI, L.P. ("BCP VI"), a Delaware limited
partnership, as the sole general partner of BCF VI;
(iv) Bain Capital Investors VI, Inc. ("BCI VI Inc."), a Delaware corporation,
as the sole general partner of BCP VI; and
(v) W. Mitt Romney ("Mr. Romney"), a citizen of the United States, as the
sole stockholder of BCI VI Inc.
The address of the principal business and office of VMM, BCF VI, BCP VI and
BCI VI Inc. is c/o Bain Capital Inc., Two Copley Place, Boston, Massachusetts
02116. VMM is a newly formed corporation that will be used to effect the
acquisition of the Company. BCF VI is principally engaged in the business of
investing in securities. BCP VI is principally engaged in the business of
serving as the general partner for BCF VI. BCI VI Inc. is principally engaged in
the business of serving as the general partner of BCP VI. Mr. Romney is
principally engaged in the business of serving as the sole stockholder of BCI VI
Inc. VMM, BCF VI, BCP VI, BCI VI Inc. and Mr. Romney are collectively referred
to herein as the "Reporting Persons." The Reporting Persons have entered into a
Joint Filing Agreement, a copy of which is filed with this Statement as Exhibit
A (which is incorporated herein by reference), pursuant to which the Reporting
Persons have agreed to file this Statement jointly in accordance with the
provisions of Rule 13d-1(f)(1) under the Exchange Act.
Information with respect to each Reporting Person is given solely by such
Reporting Person, and no Reporting Person assumes responsibility for the
accuracy or completeness of the information furnished by another Reporting
Person. Attached as Schedule A to this Statement is information concerning the
Reporting Persons to which such information is required to be disclosed in
response to Item 2 and General Instruction C to Schedule 13D.
The Reporting Persons may be deemed to constitute a "group" for the
purposes of Section 13(d)(3) of the Act as a result of such Reporting Persons
being persons associated with Bain Capital, Inc., a Delaware corporation ("Bain
Capital"), which is a management company. The Reporting
Page 7 of 14 Pages
<PAGE>
Persons expressly disclaim that they have agreed to act as a group other than as
described in this Statement.
During the last five years, none of the Reporting Persons or the persons
identified on Schedule A attached hereto has been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors).
During the last five years, none of the Reporting Persons or the persons
identified on Schedule A attached hereto was a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction as a result of which
any person was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
Not applicable.
Item 4. Purpose of Transaction.
On December 24, 1999, the Company, VDI MultiMedia, Inc., a Delaware
corporation and wholly-owned subsidiary of the Company ("Company Sub"), and VMM
entered into an Agreement and Plan of Merger (the "Merger Agreement") providing
for (i) the merger of the Company with and into Company Sub, followed by (ii)
the merger of VMM with and into Company Sub. On June 5, 2000, the Merger
Agreement was terminated, effective April 3, 2000, pursuant to a Termination
Agreement between the Company, Company Sub and VMM.
In connection with the execution of the Merger Agreement, VMM and R. Luke
Stefanko and Julia Stefanko (collectively, the "Shareholders") entered into a
Shareholders Agreement, dated December 24, 1999 (the "Shareholders Agreement")
pursuant to which, among other things, the Shareholders granted to VMM a proxy
to vote their shares of Common Stock in favor of all of the transactions
contemplated by the Merger Agreement. The Shareholders Agreement terminated in
accordance with its terms upon the termination of the Merger Agreement.
Item 5. Interest in Securities of the Issuer.
Upon the termination of the Merger Agreement, all of the Reporting Persons
ceased to be a "beneficial owner" (as defined in Rule 13d-3 promulgated under
the Exchange Act) of any shares of Common Stock.
Item 6. Contracts, Arrangements, Understandings of Relationships With
Respect to Securities of the Issuer.
Except as otherwise set forth in this Statement (and the agreements
referenced herein), to the best knowledge of the Reporting Persons, no
contracts, arrangements, understandings or relationships (legal or otherwise)
exist among the persons named in Item 2 or between such persons and any other
person with respect to any securities of the Company, including but not limited
to transfer or voting of any of the securities of the Company, finder's fees,
joint ventures, loan or option arrangements, puts or calls, guarantees or
profits, divisions of profits or loss, or the giving or withholding of proxies,
or a pledge or contingency, the occurrence of which would give another person
voting power over the securities of the Company.
Page 8 of 14 Pages
<PAGE>
Item 7. Material to be filed as Exhibits.
Exhibit A -- Joint Filing Agreement, dated June 5, 2000, between VMM
Merger Corp., Bain Capital Fund VI, L.P., Bain Capital
Partners VI, L.P., Bain Capital Investors VI, Inc. and W.
Mitt Romney.
Page 9 of 14 Pages
<PAGE>
SIGNATURES
----------
After reasonable inquiry and to the best of each of the undersigned's
knowledge and belief, each of the undersigned certify that the information set
forth in this Statement is true, complete and correct.
Date: June 5, 2000 VMM MERGER CORP.
By: /s/ Joseph Pretlow
--------------------------------------
Its: President
-------------------------------------
Date: June 5, 2000 BAIN CAPITAL FUND VI, L.P.
By: Bain Capital Partners VI, L.P.,
its General Partner
By: Bain Capital Investors VI, Inc.,
its General Partner
By: /s/ Joseph Pretlow
--------------------------------------
Its: Managing Director
Date: June 5, 2000 BAIN CAPITAL PARTNERS VI, L.P.
By: Bain Capital Investors VI, Inc.,
its General Partner
By: /s/ Joseph Pretlow
--------------------------------------
Its: Managing Director
Date: June 5, 2000 BAIN CAPITAL INVESTORS VI, INC.
By: /s/ Joseph Pretlow
--------------------------------------
Its: Managing Director
/s/ W. Mitt Romney
-----------------------------------------
Date: June 5, 2000 W. Mitt Romney
Page 10 of 14 Pages
<PAGE>
SCHEDULE A
Joseph Pretlow is a director and President of VMM. Blair Ford is a
director, Vice President and Assistant Secretary of VMM. Each are citizens of
the United States. Mr. Pretlow is a Managing Director of Bain Capital, Inc.
("Bain Capital"), which, through affiliated investment funds, is principally
engaged in the business of investing in securities. The business address of Mr.
Pretlow is c/o Bain Capital, Inc., 745 5/th/ Avenue, Suite 3200, New York, New
York 10151. Mr. Ford is an Associate at Bain Capital. The business address for
Mr. Ford is c/o Bain Capital II, Inc., One Embarcadero, Suite 2260, San
Francisco, California 94111.
Bain Capital Partners VI, L.P. ("BCP VI") is the sole general partner of
Bain Capital Fund VI, L.P. ("BCF VI"). Bain Capital Investors VI, Inc. ("BCI VI
Inc.") is the sole general partner of BCP VI. W. Mitt Romney ("Mr. Romney") is
the sole stockholder, sole director, Chief Executive Officer, Managing Director
and President of BCI VI Inc. In addition, the following persons serve as
executive officers for BCI VI Inc.: Joshua Bekenstein (Treasurer and Managing
Director), Edward Conard (Managing Director), John P. Connaughton (Managing
Director), Paul B. Edgerley (Managing Director), Robert C. Gay (Vice Chairman
and Managing Director), Michael A. Krupka (Managing Director), Jonathan A.
Lavine (Managing Director), Ronald P. Mika (Managing Director), Mark E. Nunnelly
(Managing Director), Stephen G. Pagliuca (Secretary and Managing Director) ,
Dwight Polar (Managing Director), Joseph Pretlow (Managing Director) and Mr.
Robert F. White (Managing Director). Each director and/or executive officer of
BCI VI, Inc. currently serves as a Managing Director of Bain Capital. Certain of
the Managing Directors of BCI VI Inc. hold similar positions at other investment
funds associated with Bain Capital. Each director and/or executive officer of
BCI VI, Inc. is a citizen of the United States. Except as otherwise noted, the
business address for each of the persons named above is c/o Bain Capital, Inc.,
Two Copley Place, Boston, Massachusetts 02116.
Page 11 of 14 Pages
<PAGE>
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit No. Exhibit Name
------------- ---------------------------------------------------------------------------
<S> <C>
A Joint Filing Agreement, dated June 5, 2000, between VMM Merger
Corp., Bain Capital Fund VI, L.P., Bain Capital Partners, VI, L.P., Bain
Capital Investors VI, Inc. and W. Mitt Romney.
</TABLE>
Page 12 of 14 Pages
