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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-l(b) (c), and (d)
AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. )(1)
FLIR Systems, Inc.
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(Name of issuer)
Common Stock, $0.01 par value
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(Title of class of securities)
302445-10-1
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(CUSIP number)
March 30, 1999
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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-l(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-l(d)
(Continued on the following pages)
(Page 1 of 8 Pages)
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(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 (however, see the
Notes).
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CUSIP No. 302445-10-1 13G Page 2 of 12 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Advent International Corporation
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
996,524
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 996,524
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
996,524
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
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12 TYPE OF REPORTING PERSON *
CO, IA
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 3
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CUSIP No. 302445-10-1 13G Page 3 of 12 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Advent International Partnership
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
996,524
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 996,524
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
996,524
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
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12 TYPE OF REPORTING PERSON *
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 4
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CUSIP No. 302445-10-1 13G Page 4 of 12 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Global Private Equity II Limited Partnership
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
548,000
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 548,000
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
548,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.7%
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12 TYPE OF REPORTING PERSON *
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 5
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CUSIP No. 302445-10-1 13G Page 5 of 12 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Advent Direct Investment Program Limited Partnership
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
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5 SOLE VOTING POWER
206,365
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 206,365
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
206,365
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.4%
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12 TYPE OF REPORTING PERSON *
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 6
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CUSIP No. 302445-10-1 13G Page 6 of 12 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Advent Israel Limited Partnership
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
48,504
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 48,504
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,504
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.3%
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12 TYPE OF REPORTING PERSON *
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 7
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CUSIP No. 302445-10-1 13G Page 7 of 12 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Advent Israel (Bermuda) Limited Partnership
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
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5 SOLE VOTING POWER
5,991
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 5,991
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,991
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
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12 TYPE OF REPORTING PERSON *
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 8
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CUSIP No. 302445-10-1 13G Page 8 of 12 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
EnviroTech Investment Fund I Limited Partnership
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
187,664
NUMBER OF --------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 187,664
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
187,664
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.3%
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12 TYPE OF REPORTING PERSON *
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 9
CUSIP NO. 302445-10-1 Schedule 13G Page 9 of 12
ITEM 1.
(a) (b) This statement on Schedule 13G relates to the Reporting Persons'
(as defined in Item 2 below) beneficial ownership interest in FLIR Systems, Inc.
an Oregon corporation (the "Corporation"). The address of the principal
executive office of the Corporation is 16505 SW 72nd Ave, Portland, OR 97224.
ITEM 2.
(a) (b) (c) This statement is being filed by the following entities:
(1) Advent International Corporation, a Delaware corporation;
(2) Advent International Limited Partnership, a Delaware limited
partnership;
(3) Global Private Equity II Limited Partnership, a Delaware limited
partnership;
(4) Advent Direct Investment Program Limited Partnership, a Bermuda
limited partnership;
(5) Advent Israel Limited Partnership, a Delaware limited partnership;
(6) Advent Israel (Bermuda) Limited Partnership, a Bermuda limited
partnership; and
(7) EnviroTech Investment Fund I Limited Partnership, a Delaware
limited partnership;
The entities listed in subparagraphs (1) through (7) above are herein
collectively referred to as the "Reporting Persons" and individually as a
"Reporting Person." The principal business address of all of the Reporting
Persons is c/o Advent International Corporation, 75 State Street, Boston, MA
02109.
(d) (e) This statement relates to the Common Stock, par value $0.01 per
share, (the "Common Stock") of the Corporation named in Item 1 of this
statement. The CUSIP number associated with such Common Stock is 302445-10-1.
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CUSIP NO. 302445-10-1 Schedule 13G Page 10 of 12
ITEM 3. FILING PURSUANT TO RULE 13d-1(b), OR 13D-2(b) OR (c).
This statement is not being filed pursuant to Rule 13d-1(b), or 13d-2(b) or
(c). This statement is being filed pursuant to rule 13d-1(c).
ITEM 4. OWNERSHIP.
(a) (b) The following table sets forth the aggregate number and percentage
(based upon the number of shares of Common Stock outstanding as of March 30,
1999) of the Common Stock beneficially owned by each Reporting Person named in
Item 2 of this statement. The aggregate number and percentage of the Common
Stock beneficially owned by each Reporting Person is calculated in accordance
with Rule 13d-3(d)(1).
<TABLE>
<CAPTION>
Percentage
Number of of Shares
REPORTING PERSON Common Shares Outstanding
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<S> <C> <C>
Global Private Equity II Limited Partnership (1) 548,000 3.7%
Advent Direct Investment Program Limited Partnership (1) 206,365 1.4%
Advent Israel Limited Partnership (1) 48,504 0.3%
Advent Israel (Bermuda) Limited Partnership (1) 5,991 0.0%
EnviroTech Investment Fund I Limited Partnership (1) 187,664 1.3%
------- ----
Advent International Limited Partnership (1) 996,524 6.7%
------- ----
Advent International Corporation (1) 996,524 6.7%
======= ====
Total Group 996,524 6.7%
======= ====
</TABLE>
(1) Advent International Corporation ("AIC") is the General Partner of
Advent International Limited Partnership ("AILP") which in turn is the General
Partner of the indicated Reporting Persons. As such, AIC has the sole power to
vote and dispose of the securities owned by the indicated Reporting Persons. The
beneficial ownership of AIC and AILP derive from such power.
(c) Each of the Reporting Persons listed in the table set forth above has
sole voting and dispositive power over the Common Stock beneficially owned by it
as indicated above.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable.
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CUSIP NO. 302445-10-1 Schedule 13G Page 11 of 12
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.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
The information for this item is contained on the individual cover
pages to this filing, and is incorporated herein by reference.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
ITEM 10. CERTIFICATION.
By signing below we certify that, to the best of our knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
SIGNATURE
---------
After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.
April 7, 1999
ADVENT INTERNATIONAL CORPORATION
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------------
ADVENT INTERNATIONAL LIMITED PARTNERSHIP
By: Advent International Corporation,
General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------------
<PAGE> 12
CUSIP NO. 302445-10-1 Schedule 13G Page 12 of 12
GLOBAL PRIVATE EQUITY II LIMITED PARTNERSHIP
By: Advent International Corporation,
General Partner
By: Advent International Limited Partnership,
General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------------
ADVENT DIRECT INVESTMENT PROGRAM LIMITED PARTNERSHIP
By: Advent International Corporation,
General Partner
By: Advent International Limited Partnership,
General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------------
ADVENT ISRAEL LIMITED PARTNERSHIP
By: Advent International Corporation,
General Partner
By: Advent International Limited Partnership,
General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------------
ADVENT ISRAEL (BERMUDA) LIMITED PARTNERSHIP
By: Advent International Corporation,
General Partner
By: Advent International Limited Partnership,
General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------------
ENVIROTECH INVESTMENT FUND I LIMITED PARTNERSHIP
By: Advent International Corporation,
General Partner
By: Advent International Limited Partnership,
General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------------
