SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
CCC INFORMATION SERVICES GROUP, INC.
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(Name of Issuer)
Common stock, $0.10 par value
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(Title of Class of Securities)
12487Q198
----------------------
(CUSIP Number)
James M. Better Drake S. Tempest, Esq.
Capricorn Investors II, L.P. O'Melveny & Myers LLP
c/o Capricorn Holdings, LLC The Citicorp Center
30 East Elm Street 153 East 53rd Street, 54th Floor
Greenwich, Connecticut 06830 New York, New York 10022-4611
(203) 861-6600 (212) 326-2000
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 7, 1998
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(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(b)(3) or (4), check the following box
[ ].
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom
copies are to be sent.
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* 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 ("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).
<PAGE>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Capricorn Investors II, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES ----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,337,000
EACH REPORT- ----------------------------------
ING PERSON 9 SOLE DISPOSITIVE POWER
WITH ----------------------------------
10 SHARED DISPOSITIVE POWER
1,337,000
----------------------------------
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,337,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.34%
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14 TYPE OF REPORTING PERSON
PN
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<PAGE>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Capricorn Holdings, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES ----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,337,000
EACH REPORT- ----------------------------------
ING PERSON 9 SOLE DISPOSITIVE POWER
WITH ----------------------------------
10 SHARED DISPOSITIVE POWER
1,337,000
----------------------------------
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,337,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.34%
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14 TYPE OF REPORTING PERSON
OO
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<PAGE>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Herbert S. Winokur, Jr.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES ----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,337,000
EACH REPORT- ----------------------------------
ING PERSON 9 SOLE DISPOSITIVE POWER
WITH ----------------------------------
10 SHARED DISPOSITIVE POWER
1,337,000
----------------------------------
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,337,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.34%
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14 TYPE OF REPORTING PERSON
IN
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<PAGE>
This Schedule 13D/A (Amendment No. 1) amends and supplements the
Statement on Schedule 13D dated July 22, 1998 (the "STATEMENT"), filed by
Capricorn Investors II, L.P. ("CAPRICORN II"), Capricorn Holdings, LLC
("CAPRICORN HOLDINGS") and Herbert S. Winokur, Jr. ("WINOKUR") with respect to
the common stock, $0.10 par value ("COMMON STOCK") of CCC Information Services
Group Inc. (the "COMPANY"). Capitalized terms used herein without definition
have the meanings ascribed to them in the Statement.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Item 3 of the Statement is hereby amended by adding the following:
Capricorn II has purchased 1,337,000 shares of Common Stock at a
purchase price of $18.34 per share, 72 shares of the Company's Series C
Cumulative Redeemable Preferred Stock ("SERIES C PREFERRED STOCK") at a purchase
price of $1,000 per share and 407 shares of the Company's Series D Cumulative
Redeemable Preferred Stock ("SERIES D PREFERRED STOCK") at a purchase price of
$1,000 per share, for an aggregate purchase price of $24,999,580 for all shares
purchased, plus accrued and unpaid dividends through July 21, 1998 on the Series
C Preferred Stock and Series D Preferred Stock. The funds required to purchase
the Common Stock, the Series C Preferred Stock and the Series D Preferred Stock
were provided by capital contributed to Capricorn II by its partners.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 of the Statement is hereby amended by adding the following:
On August 7, 1998, Capricorn II and White River Venture closed the
Acquisition. In connection with the closing, Capricorn II acquired direct record
and beneficial ownership of 1,337,000 shares of Common Stock and Capricorn
Holdings and Winokur acquired indirect beneficial ownership of such Common
Stock. Capricorn II also acquired 72 shares of Series C Preferred Stock and 407
shares of Series D Preferred Stock. Based upon 25,021,887 shares of Common Stock
issued and outstanding on June 30, 1998 (as reported in response to an inquiry
to the Company), and determined without giving effect to the exercise of any
options to purchase shares or other rights to purchase or receive shares, the
shares of Common Stock acquired by Capricorn II are equal to approximately 5.34%
of the number of outstanding shares of Common Stock. Capricorn II, Capricorn
Holdings and Winokur, may be deemed to share the power to vote and direct the
disposition of the shares of Common Stock to be so acquired.
Except as set forth herein and in the Statement, none of the reporting
persons has effected any transactions in the Common Stock during the 60 days
preceding the filing of this Schedule 13D (Amendment No. 1).
<PAGE>
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
Item 6 of the Statement is hereby amended by adding the following:
At the closing of the Acquisition, White River Ventures and Capricorn
II entered into the Shareholders Agreement in the form annexed as Exhibit 2 to
the Statement. The Shareholders Agreement provides that Capricorn II and White
River Ventures will vote all Common Stock now or hereafter acquired by them, and
will take all reasonable action as shareholders of the Company to cause, the
election to the board of directors of the Company of one individual designated
from time to time by Capricorn II and any individuals designated from time to
time by White River Ventures. Capricorn II's rights described in the preceding
sentence may be exercised only so long as Capricorn II owns at least 80% of the
Common Stock acquired by Capricorn II pursuant to the Stock Purchase Agreement.
The Shareholders Agreement also provides the parties with certain rights
relating to dispositions of Common Stock, including mutual "tag along" rights
and mutual first offer rights with respect to sales of such stock by the parties
and, in White River Ventures' case, "drag along" rights entitling White River
Ventures to require the reporting persons to sell such shares in connection with
sales by White River Ventures to the same purchaser and on substantially the
same terms and conditions. Reference is made to the Shareholders Agreement filed
as Exhibit 2 to the Statement for a complete statement of the terms thereof.
By virtue of their execution of the Shareholders Agreement, the
reporting persons and White River Ventures may be deemed to constitute a "group"
within the meaning of Rule 13d- 5(b)(1) under the Act and, as such, each member
of the group would be deemed to own beneficially all shares held, in the
aggregate, by all group members. Pursuant to Rule 13d-4, the reporting persons
disclaim beneficial ownership of the Common Stock held by White River Ventures.
In connection with the closing of the Acquisition, Capricorn II also
executed an Acknowledgment that the Common Stock acquired by Capricorn II is
subject to the Amended and Restated Stockholders Agreement described in Item 6
of the Statement. A copy of the Acknowledgment in the form executed by Capricorn
II was filed as Exhibit 3 to the Statement. The reporting persons disclaim
membership in a group with the Stockholders and disclaim beneficial ownership of
the Common Stock held by the Stockholders who are parties to the Amended and
Restated Stockholders Agreement.
<PAGE>
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.
Date: August 11, 1998
CAPRICORN INVESTORS II, L.P.
By Capricorn Holdings, LLC,
its General Partner
By: /s/ HERBERT S. WINOKUR, JR.
---------------------------------------------
Herbert S. Winokur, Jr., Manager
<PAGE>
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.
Date: August 11, 1998
CAPRICORN HOLDINGS, LLC
By: /s/ HERBERT S. WINOKUR, JR.
---------------------------------------
Herbert S. Winokur, Jr., Manager
<PAGE>
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.
Date: August 11, 1998
By: /s/ HERBERT S. WINOKUR, JR.
-----------------------------------
Herbert S. Winokur, Jr.
