CUSIP No. 84760T 10 0 Page 1 of 10 Pages
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILES PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. ) FN1
SPECTRASITE HOLDINGS, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, $.001 PAR VALUE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
84760T 10 0
- --------------------------------------------------------------------------------
(CUSIP Number)
SEPTEMBER 1, 1999
- --------------------------------------------------------------------------------
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)
- --------
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.
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CUSIP No. 84760T 10 0 Page 2 of 10 Pages
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1) Name of Reporting Person Welsh, Carson,
I.R.S. Identification Anderson & Stowe
No. of Above Person VIII, L.P.
(Entities Only)
- --------------------------------------------------------------------------------
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Citizenship or Place Delaware
of Organization
- --------------------------------------------------------------------------------
Number of 5) Sole Voting 29,300,000 shares of
Shares Beneficially Power Common Stock (issu-
Owned by Each able upon conversion
Reporting Person of convertible
With: preferred stock)
-----------------------------------------------
6) Shared Voting
Power -0-
-----------------------------------------------
7) Sole Disposi- 29,300,000 shares of
tive Power Common Stock (issu-
able upon conversion
of convertible
preferred stock)
-----------------------------------------------
8) Shared Dis-
positive Power -0-
-----------------------------------------------
9) Aggregate Amount Beneficially 29,300,000 shares of
Owned by Each Reporting Person Common Stock (issu-
able upon conversion
of convertible
preferred stock)
- --------------------------------------------------------------------------------
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
- --------------------------------------------------------------------------------
11) Percent of Class
Represented by 60.6%
Amount in Row (9)
- --------------------------------------------------------------------------------
12) Type of Reporting
Person PN
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CUSIP No. 84760T 10 0 Page 3 of 10 Pages
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1) Name of Reporting Person WCAS Information
I.R.S. Identification Partners, L.P.
No. of Above Person
(ENTITIES ONLY)
- --------------------------------------------------------------------------------
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Citizenship or Place Delaware
of Organization
- --------------------------------------------------------------------------------
Number of Shares 5) Sole Voting 150,000 shares of
Beneficially Power Common Stock (issu-
Owned by Each able upon conversion
Reporting Person of convertible
With: preferred stock)
-----------------------------------------------
6) Shared Voting
Power -0-
-----------------------------------------------
7) Sole Disposi- 150,000 shares of
tive Power Common Stock (issu-
able upon conversion
of convertible
preferred stock)
-----------------------------------------------
8) Shared Dis-
positive Power -0-
-----------------------------------------------
9) Aggregate Amount Beneficially 150,000 shares of
Owned by Each Reporting Person Common Stock (issu-
able upon conversion
of convertible
preferred stock)
- --------------------------------------------------------------------------------
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
- --------------------------------------------------------------------------------
11) Percent of Class
Represented by 0.8%
Amount in Row (9)
- --------------------------------------------------------------------------------
12) Type of Reporting
Person PN
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CUSIP No. 84760T 10 0 Page 4 of 10 Pages
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1) Name of Reporting Person WCAS Capital
I.R.S. Identification Partners III, L.P.
No. of Above Person
(Entities Only)
- --------------------------------------------------------------------------------
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Citizenship or Place Delaware
of Organization
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Number of 5) Sole Voting 1,375,000 shares of
Shares Beneficially Power Common Stock
Owned by Each
Reporting Person
With: --------------------------------------------------------
6) Shared Voting
Power -0-
--------------------------------------------------------
7) Sole Disposi- 1,375,000 shares of
tive Power Common Stock
--------------------------------------------------------
8) Shared Dis-
positive Power -0-
--------------------------------------------------------
9) Aggregate Amount Beneficially 1,375,000 shares of
Owned by Each Reporting Person Common Stock
- --------------------------------------------------------------------------------
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
- --------------------------------------------------------------------------------
11) Percent of Class
Represented by 7.2%
Amount in Row (9)
- --------------------------------------------------------------------------------
12) Type of Reporting
Person PN
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CUSIP No. 84760T 10 0 Page 5 of 10 Pages
SCHEDULE 13G
Item 1(a) - Name of Issuer: SpectraSite Holdings, Inc.
Item 1(b) - Address of Issuer's Principal Executive Offices:
100 Regency Forest Drive, Suite 400
Cary, NC 27511
Item 2(a) - Name of Person Filing:
This statement is being filed by Welsh, Carson, Anderson & Stowe
VIII, L.P., a Delaware limited partnership ("WCAS VIII"), WCAS
Information Partners, L.P., a Delaware limited partnership ("WCAS
IP"), and WCAS Capital Partners III, L.P., a Delaware limited
partnership ("WCAS CP III").
Item 2(b) - Address of Principal Business Office:
320 Park Avenue, Suite 2500
New York, New York 10022
Item 2(c) - Place of Organization:
WCAS VIII: Delaware
WCAS IP: Delaware
WCAS CP III: Delaware
Item 2(d) - Title of Class of Securities:
Common Stock, $.001 par value
Item 2(e) - CUSIP Number:
84760T 10 0
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CUSIP No. 84760T 10 0 Page 6 of 10 Pages
Item 3 - Statements Filed Pursuant to Rules 13d-1(b) or 13d-
(b):
Not applicable.
Item 4 - Ownership.
(a) Amount Beneficially Owned:
WCAS VIII: 29,300,000 shares of Common Stock
(issuable upon conversion of convertible
preferred stock)
WCAS IP: 150,000 shares of Common Stock (issuable
upon conversion of convertible preferred
stock)
WCAS CP III: 1,375,000 shares of Common Stock
(b) Percent of Class:
WCAS VIII: 60.6%
WCAS IP: 0.8%
WCAS CP III: 7.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
WCAS VIII: 29,300,000 shares of Common Stock
(issuable upon conversion of convertible
preferred stock)
WCAS IP: 150,000 shares of Common Stock (issuable
upon conversion of convertible preferred
stock)
WCAS CP III: 1,375,000 shares of Common Stock
(ii) shared power to vote or to direct the vote: -0-
(iii)sole power to dispose or to direct the
disposition of:
WCAS VIII: 29,300,000 shares of Common Stock
(issuable upon conversion of convertible
preferred stock)
WCAS IP: 150,000 shares of Common Stock (issuable
upon conversion of convertible preferred
stock)
WCAS CP III: 1,375,000 shares of Common Stock
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CUSIP No. 84760T 10 0 Page 7 of 10 Pages
(iv) shared power to dispose or to direct the
disposition of: -0-
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.
Item 7 - Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Company:
Not applicable.
Item 8 - Identification and Classification of Members of the
Group:
See Exhibit 2.
Item 9 - Notice of Dissolution of Group:
Not applicable.
Item 10 - Certification:
Not applicable.
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CUSIP No. 84760T 10 0 Page 8 of 10 Pages
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.
WELSH, CARSON, ANDERSON & STOWE VIII, L.P.
By: WCAS VIII Associates, L.L.C., General
Partner
By /S/ JONATHAN RATHER
------------------------------------------
Managing Member
WCAS INFORMATION PARTNERS, L.P.
By: WCAS IP Partners, General Partner
By /S/ JONATHAN RATHER
------------------------------------------
Attorney-in-Fact
WCAS CAPITAL PARTNERS III, L.P.
By: WCAS CP III Associates, L.L.C., General
Partner
By /S/ JONATHAN RATHER
------------------------------------------
Managing Member
Date: January 7, 2000
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CUSIP No. 84760T 10 0 Page 9 of 10 Pages
EXHIBIT 1
AGREEMENT OF
WELSH, CARSON, ANDERSON & STOWE VIII, L.P.,
WCAS INFORMATION PARTNERS, L.P.
AND
WCAS CAPITAL PARTNERS III, L.P.
PURSUANT TO RULE 13d-1(k)
The undersigned hereby agree that the Information Statement on
Schedule 13G to which this Agreement is annexed as Exhibit 1 is filed on behalf
of each of them in accordance with the provisions of Rule 13d-1(k) under the
Securities Exchange Act of 1934, as amended.
WELSH, CARSON, ANDERSON & STOWE VIII, L.P.
By: WCAS VIII Associates, L.L.C., General
Partner
By /S/ JONATHAN RATHER
------------------------------------------
Managing Member
WCAS INFORMATION PARTNERS, L.P.
By: WCAS IP Partners, General Partner
By /S/ JONATHAN RATHER
------------------------------------------
Attorney-in-Fact
WCAS CAPITAL PARTNERS III, L.P.
By: WCAS CP III Associates, L.L.C., General
Partner
By /S/ JONATHAN RATHER
------------------------------------------
Managing Member
Date: January 7, 2000
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CUSIP No. 84760T 10 0 Page 10 of 10 Pages
EXHIBIT 2
IDENTIFICATION AND CLASSIFICATION
OF MEMBERS OF THE GROUP
Welsh, Carson, Anderson & Stowe VIII, L.P., WCAS Information Partners,
L.P. and WCAS Capital Partners III, L.P. are filing this statement on Schedule
13G as a group.
Welsh, Carson, Anderson & Stowe VIII, L.P. is a Delaware limited
partnership. Its sole general partner is WCAS VIII Associates, L.L.C., a
Delaware limited liability company.
WCAS Information Partners, L.P. is a Delaware limited partnership. Its
sole general partner is WCAS INFO Partners, a Delaware general partnership.
WCAS Capital Partners III, L.P. is a Delaware limited partnership. Its
sole general partner is WCAS CP III Associates, L.L.C., a Delaware limited
liability company.
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