SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D/A-1
Under the Securities Exchange Act of 1934
(Amendment No. 1)
United Road Services, Inc.
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(Name of Issuer)
Common Stock, par value $0.001 per share
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(Title of Class of Securities)
911384105
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(CUSIP Number)
Stephen W. Rubin, Esq.
Proskauer Rose LLP
1585 Broadway
New York, NY 10036-8299
(212) 969-3000
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
March 16, 1999
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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 that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7(b) for
other parties to whom copies are to be sent.
<PAGE>
SCHEDULE 13D/A-1
CUSIP No. 911384105
________________________________________________________________________________
1 Names of Reporting Persons
Charter URS LLC
I.R.S. Identification Nos. of Above Persons (entities only)
________________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds (See Instructions)
AF
________________________________________________________________________________
5 Check if Disclosure of Legal Proceedings Required Pursuant to Items 2(d) or
2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
Delaware
________________________________________________________________________________
7 Sole Voting Power
NUMBER OF None
SHARES _________________________________________________________________
8 Shared Voting Power
BENEFICIALLY
5,015,466.667
OWNED BY
_________________________________________________________________
EACH 9 Sole Dispositive Power
REPORTING None
PERSON _________________________________________________________________
10 Shared Dispositive Power
WITH
5,015,466.667
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,015,466.667
________________________________________________________________________________
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
22.9%
________________________________________________________________________________
14 Type of Reporting Person (See Instructions)
00
________________________________________________________________________________
<PAGE>
CUSIP No. 911384105 SCHEDULE 13D/A-1
________________________________________________________________________________
1 Names of Reporting Persons
Charterhouse Equity Partners III, L.P.
I.R.S. Identification Nos. of Above Persons (entities only)
________________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds (See Instructions)
00
________________________________________________________________________________
5 Check if Disclosure of Legal Proceedings Required Pursuant to Items 2(d) or
2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
Delaware
________________________________________________________________________________
7 Sole Voting Power
NUMBER OF None
SHARES _________________________________________________________________
8 Shared Voting Power
BENEFICIALLY
5,015,466.667
OWNED BY
_________________________________________________________________
EACH 9 Sole Dispositive Power
REPORTING None
PERSON _________________________________________________________________
10 Shared Dispositive Power
WITH
5,015,466.667
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
5,015,466.667
________________________________________________________________________________
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
22.9%
________________________________________________________________________________
14 Type of Reporting Person (See Instructions)
PN
________________________________________________________________________________
<PAGE>
Amendment No. 1
to
Statement on Schedule 13D
Pursuant to Rule 13d-1
under the
Securities Exchange Act of 1934, as amended
The undersigned hereby amend Items 3 through 5 of the Statement on Schedule 13D
filed on their behalf for the event dated December 7, 1998, with the Securities
and Exchange Commission. Unless otherwise indicated, capitalized terms used
herein and not otherwise defined shall have the meaning ascribed to them in such
previously filed Statement on Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 is amended by adding the following after the first paragraph:
The purchase price for $31,500,000 aggregate principal amount of
Debentures acquired by Charter URS was $31,500,000. These funds were
obtained by Charter URS from the partnership funds of CEP III, which
are obtained by CEP III through the capital contributions of its
partners.
Item 4. Purpose of Transaction
Item 4 is amended by adding the following as the third paragraph:
On March 16, 1999, Charter URS purchased an additional $31,500,000 in
aggregate principal amount of Debentures pursuant to the terms of the
Purchase Agreement. Under the terms of the Investors Agreement, the
Issuer increased the size of its Board from ten to eleven members and
Charter URS nominated an additional director to the Issuer's Board.
Item 5. Interest in Securities of the Issuer
Item 5 is amended in its entirety by replacing the first and second paragraph
with the following:
Charter URS acquired $43,500,000 in aggregate principal amount of
Debentures on December 7, 1998. Charter URS acquired an additional
$232,000 in aggregate principal amount of Debentures on December 31,
1998 in connection with a quarterly pay-in-kind dividend payment. On
March 16, 1999 Charter URS acquired an additional $31,500,000 in
aggregate principal amount of Debentures pursuant to the terms of the
Purchase Agreement. The Debentures are convertible at any time until
their expiration or earlier redemption into Common Stock at a
conversion price of $15.00 per share. Each of Charter URS and CEP III
may be deemed to beneficially own 5,015,466.667 shares of Common Stock
representing 22.9% of the issued and outstanding shares of Common
Stock.
Each of Charter URS and CEP III have shared voting power and shared
dispositive power over the 5,015,466.667 shares of Common Stock.
<PAGE>
Signature
After reasonable inquiry and to the best of the knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
March 16, 1999 CHARTER URS LLC
By: /s/Cheri E. Lieberman
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Name: Cheri E. Lieberman
Title: Vice President
CHARTERHOUSE EQUITY PARTNERS III, L.P.
By: CHUSA EQUITY INVESTORS III, L.P.,
GENERAL PARTNER
By: CHARTERHOUSE EQUITY III, INC.,
GENERAL PARTNER
By: /s/Cheri E. Lieberman
------------------------------------
Name: Cheri E. Lieberman
Title: Vice President
