UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___*)
AppNet, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
0001066197
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(CUSIP Number)
12/31/99
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
* 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).
(Continued on following page(s))
Page 1 of 14 Pages
<PAGE>
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CUSIP No. 0001066197
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========= ======================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GTCR FUND VI, L.P.
========= ======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS) (a) [ ]
(b) [ ]
========= ======================================================================
3 SEC USE ONLY
========= ======================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
========= ============= ====== =================================================
5 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY ====== =================================================
OWNED BY 6 SHARED VOTING POWER
EACH 10,568,105 (see item 4)
REPORTING ====== =================================================
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
====== =================================================
8 SHARED DISPOSITIVE POWER
10,568,105 (see item 4)
========= ======================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,568,105 (see item 4)
========= ======================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
========= ======================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
34.0%
========= ======================================================================
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
========= ======================================================================
Page 2 of 14 Pages
<PAGE>
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CUSIP No. 0001066197
- --------------------------------------------
========= ======================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GTCR VI Executive Fund, L.P.
========= ======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS) (a) [ ]
(b) [ ]
========= ======================================================================
3 SEC USE ONLY
========= ======================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
======================= ====== =================================================
5 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY ====== =================================================
OWNED BY 6 SHARED VOTING POWER
EACH 75,763 (see item 4)
REPORTING ====== =================================================
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
====== =================================================
8 SHARED DISPOSITIVE POWER
75,763 (see item 4)
========= ======================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
75,763 (see item 4)
========= ======================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
========= ======================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.24%
========= ======================================================================
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
========= ======================================================================
Page 3 of 14 Pages
<PAGE>
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CUSIP No. 0001066197
- --------------------------------------------
========= ======================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GTCR Associates VI
========= ======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS) (a) [ ]
(b) [ ]
========= ======================================================================
3 SEC USE ONLY
========= ======================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
========= ============= ====== =================================================
5 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY ====== =================================================
OWNED BY 6 SHARED VOTING POWER
EACH 23,927 (see item 4)
REPORTING ====== =================================================
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
====== =================================================
8 SHARED DISPOSITIVE POWER
23,927 (see item 4)
========= ======================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
23,927 (see item 4)
========= ======================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
========= ======================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.07%
========= ======================================================================
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
========= ======================================================================
Page 4 of 14 Pages
<PAGE>
- --------------------------------------------
CUSIP No. 0001066197
- --------------------------------------------
========= ======================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GTCR Partners VI, L.P.
========= ======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS) (a) [ ]
(b) [ ]
========= ======================================================================
3 SEC USE ONLY
========= ======================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
========= ============= ====== =================================================
5 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY ====== =================================================
OWNED BY 6 SHARED VOTING POWER
EACH 10,667,795 (see item 4)
REPORTING ====== =================================================
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
====== =================================================
8 SHARED DISPOSITIVE POWER
10,667,795 (see item 4)
========= ======================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,667,795 (see item 4)
========= ======================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
========= ======================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
34.3%
========= ======================================================================
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
========= ======================================================================
Page 5 of 14 Pages
<PAGE>
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CUSIP No. 0001066197
- --------------------------------------------
========= ======================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GTCR Golder Rauner, LLC
========= ======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS) (a) [ ]
(b) [ ]
========= ======================================================================
3 SEC USE ONLY
========= ======================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
========= ============= ====== =================================================
5 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY ====== =================================================
OWNED BY 6 SHARED VOTING POWER
EACH 10,667,795 (see item 4)
REPORTING ====== =================================================
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
====== =================================================
8 SHARED DISPOSITIVE POWER
10,667,795 (see item 4)
========= ======================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,667,795 (see item 4)
========= ======================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
========= ======================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
34.3%
========= ======================================================================
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
========= ======================================================================
Page 6 of 14 Pages
<PAGE>
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CUSIP No. 0001066197
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Item 1(a). Name of Issuer:
AppNet, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
6707 Democracy Boulevard
Bethesda, MD 20817
Item 2(a). Name of Person Filing:
This statement is filed jointly by each of the following
persons pursuant to Rule 13d-1(k) promulgated under
Section 13 of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"): (i) GTCR FUND VI, L.P., a
Delaware limited partnership (the "Fund"), by virtue of
its direct beneficial ownership of Common Stock; (ii)
GTCR VI Executive Fund, L.P., a Delaware limited
partnership (the "Executive Fund"), by virtue of its
direct beneficial ownership of Common Stock; (iii) GTCR
Associates VI ("Associates"), a general partnership, by
virtue of its direct beneficial ownership of Common
Stock; (iv) GTCR Partners VI, L.P., a Delaware limited
partnership ("Partners"), by virtue of its being the
general partner of each of the Fund and the Executive
Fund and the managing general partner of Associates ; and
(v) GTCR Golder Rauner, LLC, a Delaware limited liability
corporation ("Golder Rauner"), by virtue of its being the
general partner of Partners.
Item 2(b). Address of Principal Business Office or, if none,
Residence:
6100 Sears tower
Chicago, Illinois 60606
Item 2(c). Citizenship:
The Fund, the Executive Fund, Associates and Partners are
limited partnerships organized under the laws of the
State of Delaware. Golder Rauner is a limited liability
corporation organized under the laws of the State of
Delaware.
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
0001066197
Page 7 of 14 Pages
<PAGE>
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CUSIP No. 0001066197
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
Not applicable
Item 4. Ownership (as of December 31, 1999)
(a)-(b)
As of December 31, 1999, the Fund was the registered owner
of 10,568,105 shares of the Issuer's Common Stock, or
approximately 34% of the outstanding Common Stock, the
Executive Fund was the registered owner of 75,763 shares
of the Issuer's Common Stock, or approximately 0.24% of
the outstanding Common Stock, and Associates was the
registered owner of 23,927 shares of the Issuer's Common
Stock, or approximately 0.07% of the outstanding Common
Stock. By virtue of the relationship between the Fund,
Executive Fund and Associates and Partners and Golder
Rauner, each of Partners and Golder Rauner may be deemed
to possess indirect beneficial ownership of and share the
power to vote or direct the vote of the shares of Common
Stock beneficially owned by the Fund, Executive Fund and
Associates, which represent an aggregate of 10,667,795
shares of the Issuer's Common Stock or approximately 34.3%
of the outstanding Common Stock. The filing of this
statement by Partners and Golder Rauner shall not be
construed as an admission that either Partners or Golder
Rauner is for the purposes of Section 13(d) or Section
13(g) of the Exchange Act, the beneficial owner of (or
possesses the power to vote or direct the vote of) any
securities covered by this statement.
(c)
<TABLE>
<CAPTION>
Sole Shared Sole Shared
Reporting Voting Voting Dispositive Dispositive
Person Power Power Power Power
<S> <C> <C> <C> <C>
GTCR FUND VI, L.P. 0 10,568,105 0 10,568,105
GTCR VI Executive Fund, L.P. 0 75,763 0 75,763
GTCR Associates VI 0 23,927 0 23,927
GTCR Partners VI, L.P. 0 10,667,795 0 10,667,795
GTCR Golder Rauner, LLC 0 10,667,795 0 10,667,795
</TABLE>
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
Page 8 of 14 Pages
<PAGE>
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CUSIP No. 0001066197
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Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent
Holding Company.
Not applicable
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
Page 9 of 14 Pages
<PAGE>
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CUSIP No. 0001066197
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SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief,
each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: February 10, 2000 GTCR FUND VI, L.P.
By: GTCR Partners VI, L.P., its general
partner
By: GTCR Golder Rauner, LLC, its general
partner
By: /s/ Bruce V. Rauner
Name: Bruce V. Rauner
Title: Principal
GTCR VI Executive Fund, L.P.
By: GTCR Partners VI, L.P., its general
partner
By: GTCR Golder Rauner, LLC, its general
partner
By: /s/ Bruce V. Rauner
Name: Bruce V. Rauner
Title: Principal
GTCR Associates VI
By: GTCR Partners VI, L.P., its managing
general partner
By: GTCR Golder Rauner, LLC, its general
partner
By: /s/ Bruce V. Rauner
Name: Bruce V. Rauner
Title: Principal
Page 10 of 14 Pages
<PAGE>
GTCR Partners VI, L.P.
By: GTCR Golder Rauner, LLC, its general
partner
By: /s/ Bruce V. Rauner
Name: Bruce V. Rauner
Title: Principal
GTCR Golder Rauner, LLC
By: /s/ Bruce V. Rauner
Name: Bruce V. Rauner
Title: Principal
Page 11 of 14 Pages
<PAGE>
Exhibits
1 Agreement of Joint Filing, dated February 10, 2000, among GTCR FUND VI,
L.P., GTCR VI Executive Fund, L.P., GTCR Associates VI, GTCR Partners
VI, L.P. and GTCR Golder Rauner, LLC.
Page 12 of 14 Pages
Exhibit 1
AGREEMENT OF JOINT FILING
AGREEMENT dated as of February 10, 2000 between GTCR FUND VI, L.P., GTCR
VI Executive Fund, L.P., GTCR Associates VI, GTCR Partners VI, L.P. and GTCR
Golder Rauner, LLC.
WHEREAS, pursuant to paragraph (k) of Rule 13d-1 promulgated under
Subsection 13(d)(1) of the Securities Exchange Act of 1934, as amended (the
"1934 Act"), the parties hereto have decided to satisfy their filing obligations
under the 1934 Act by a single joint filing:
NOW, THEREFORE, the undersigned hereby agree as follows:
1. The Schedule 13G with respect to AppNet, Inc., to which this Agreement is
attached as Exhibit 1, as well as all future amendments to such Statement, shall
be filed jointly on behalf of GTCR FUND VI, L.P., GTCR VI Executive Fund, L.P.,
GTCR Associates VI, GTCR Partners VI, L.P. and GTCR Golder Rauner, LLC.
2. Each of GTCR FUND VI, L.P., GTCR VI Executive Fund, L.P., GTCR Associates VI,
GTCR Partners VI, L.P. and GTCR Golder Rauner, LLC is responsible for the
completeness and accuracy of the information concerning such person contained
therein; provided that each person is not responsible for the completeness or
accuracy of the information concerning any other person making such filing.
IN WITNESS WHEREOF, the undersigned hereunto set their hands as of the
date first above written.
GTCR FUND VI, L.P.
By: GTCR Partners VI, L.P., its general
partner
By: GTCR Golder Rauner, LLC, its general
partner
By: /s/ Bruce V. Rauner
Name: Bruce V. Rauner
Title: Principal
GTCR VI Executive Fund, L.P.
By: GTCR Partners VI, L.P., its general
partner
By: GTCR Golder Rauner, LLC, its general
partner
By: /s/ Bruce V. Rauner
Name: Bruce V. Rauner
Title: Principal
Page 13 of 14 Pages
<PAGE>
GTCR Associates VI
By: GTCR Partners VI, L.P., its managing
general partner
By: GTCR Golder Rauner, LLC, its general
partner
By: /s/ Bruce V. Rauner
Name: Bruce V. Rauner
Title: Principal
GTCR Partners VI, L.P.
By: GTCR Golder Rauner, LLC, its general
partner
By: /s/ Bruce V. Rauner
Name: Bruce V. Rauner
Title: Principal
GTCR Golder Rauner, LLC
By: /s/ Bruce V. Rauner
Name: Bruce V. Rauner
Title: Principal
Page 14 of 14 Pages
