UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Freedom Securities Corporation
(Name of Issuer)
Common Stock, $.01 par value per share
(Title of Class of Securities)
35644 K 10 3
(CUSIP Number)
Check the following box if a fee is being paid with this statement |_|. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
* 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).
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SCHEDULE 13G
CUSIP No. 35644 K 10 3
1. NAME OF REPORTING PERSON - Thomas H. Lee Equity Trust III
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - 04-3279871
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
5. SOLE VOTING POWER
0
NUMBER OF
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 4,517,606
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH
8. SHARED DISPOSITIVE POWER
4,517,606
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,517,606
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
21.77%
12. TYPE OF REPORTING PERSON
PN
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CUSIP No. 35644 K 10 3 Page 3 of 6
Item 1(a). Name of Issuer:
Freedom Securities Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
One Beacon Street
Boston, Massachusetts 02108
Item 2(a). Name of Person Filing:
See Item (1) of the cover pages
Item 2(b). Address of Principal Business Office:
c/o Thomas H. Lee Company
75 State Street
Boston, MA 02109
Item 2(c). Citizenship:
See item (4) of cover pages
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
35644 K 10 3
Item 3. Nature of Person Filing:
Not applicable
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CUSIP No. 35644 K 10 3 Page 4 of 6
Item 4. Ownership:
(a) Amount Beneficially Owned:
See item (9) of cover pages
(b) Percent of Class:
See item (11) of cover pages
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
See item (5) of cover pages
(ii) shared power to vote or to direct the vote: See item (6) of
cover pages
(iii) sole power to dispose or to direct the disposition of: See
item (7) of cover pages
(iv) shared power to dispose or to direct the disposition of: See
item (8) of cover pages
Due to an existing arrangement among Thomas H. Lee Equity Advisors III
Limited Partnership, THL Equity Trust III and the reporting person, Thomas H.
Lee Equity Advisors III Limited Partnership and THL Equity Trust III could each
be deemed to beneficially own the shares of the reporting person reported
herein. Thomas H. Lee Equity Advisors III Limited Partnership and THL Equity
Trust each disclaim beneficial ownership of such shares.
Item 5. Ownership of Five Percent or Less of 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 Holding Company:
Not applicable
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CUSIP No. 35644 K 10 3 Page 5 of 6
Item 8. Identification and Classification of Members of the Group:
Not applicable
Item 9. Notice of Dissolution of Group:
Not applicable
Item 10. Certification:
Not applicable.
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CUSIP No. 35644 K 10 3 Page 6 of 6
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.
THOMAS H. LEE EQUITY TRUST III
By: /s/Thomas Hagerty
Name: Thomas Hagerty
Dated: February 12, 1999
