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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------------------
SCHEDULE 13D
(RULE 13D-101)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13D-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13D-2(a)
(AMENDMENT NO. 1)*
GERALD STEVENS, INC.
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(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
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(Title of Class of Securities)
37369G 10 1
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(CUSIP Number)
Jonathan L. Awner
Akerman, Senterfitt & Eidson, P.A.
1 S.E. 3rd Ave., 28th Floor
Miami, Florida 33131
(305) 374-5600
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
APRIL 12, 2000
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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 which is the subject of this Schedule 13D, and is
filing this statement because of Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7(b) for
other parties to whom copies are to be sent.
*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 (the "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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CUSIP NO. 37369G 10 1 PAGE 2 OF 8 PAGES
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NAME OF REPORTING PERSONS
1 S.S. OR I.R.S. IDENTIFICATION NOs. OF ABOVE PERSONS
New River Capital Partners, L.P.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
2
(b)[X]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
WC
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
5 REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
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SOLE VOTING POWER
7
NUMBER OF 7,391,513
SHARES --------------------------------------------------
BENEFICIALLY SHARED VOTING POWER
OWNED BY 8
EACH 0
REPORTING --------------------------------------------------
PERSON SOLE DISPOSITIVE POWER
WITH 9
7,391,513
--------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
7,391,513
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
12 SHARES* [ ]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
15.1%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
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CUSIP NO. 37369G 10 1 PAGE 3 OF 8 PAGES
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NAME OF REPORTING PERSONS
1 S.S. OR I.R.S. IDENTIFICATION NOs. OF ABOVE PERSONS
B&B Management Partners, L.P.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
2
(b)[X]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
00
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
5 REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
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SOLE VOTING POWER
7
NUMBER OF 7,391,513
SHARES --------------------------------------------------
BENEFICIALLY SHARED VOTING POWER
OWNED BY 8
EACH 0
REPORTING --------------------------------------------------
PERSON SOLE DISPOSITIVE POWER
WITH 9
7,391,513
--------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
7,391,513
- --------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
12 SHARES* [ ]
- --------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
15.1%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
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CUSIP NO. 37369G 10 1 PAGE 4 OF 12 PAGES
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NAME OF REPORTING PERSONS
1 S.S. OR I.R.S. IDENTIFICATION NOs. OF ABOVE PERSONS
SRB Investments, Inc.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
2
(b)[X]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
00
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
5 REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
Nevada
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SOLE VOTING POWER
7
NUMBER OF 7,391,630
SHARES --------------------------------------------------
BENEFICIALLY SHARED VOTING POWER
OWNED BY 8
EACH 0
REPORTING --------------------------------------------------
PERSON SOLE DISPOSITIVE POWER
WITH 9
7,391,630
--------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
7,391,630
- --------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
12 SHARES* [ ]
- --------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
15.1%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
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CUSIP NO. 37369G 10 1 PAGE 5 OF 8 PAGES
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NAME OF REPORTING PERSONS
1 S.S. OR I.R.S. IDENTIFICATION NOs. OF ABOVE PERSONS
Steven R. Berrard
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
2
(b)[X]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
PF
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
5 REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
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SOLE VOTING POWER
7
NUMBER OF 7,391,630
SHARES --------------------------------------------------
BENEFICIALLY SHARED VOTING POWER
OWNED BY 8
EACH 0
REPORTING --------------------------------------------------
PERSON SOLE DISPOSITIVE POWER
WITH 9
7,391,630
--------------------------------------------------
SHARED DISPOSITIVE POWER
10
0
- --------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
7,391,630
- --------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
12 SHARES* [ ]
- --------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
15.1%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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The Reporting Persons hereby make the following statement pursuant to
Section 13(d) of the Exchange Act, and the rules and regulations promulgated
thereunder. This statement is an amendment to the Schedule 13D filed by the
Reporting Persons dated May 10, 1999 (the "Original Schedule 13D"). For further
information regarding any of the items amended herein, reference is made to the
Original Schedule 13D. Capitalized terms used herein and not defined have the
meanings ascribed to them in the Original Schedule 13D.
ITEM 1. SECURITY AND ISSUER.
Item 1 of the Original Schedule 13D is hereby amended in its entirety
as follows:
This statement on Schedule 13D relates to the shares of common stock,
par value $.01 per share (the "Common Stock"), of Gerald Stevens, Inc., a
Florida corporation (the "Issuer"). The principal executive offices of the
Issuer are located at 301 East Las Olas Boulevard, Suite 300, Fort Lauderdale,
Florida 33301.
ITEM 2. IDENTITY AND BACKGROUND.
Items 2(a), 2(b) and 2(c) of the Original Schedule 13D are hereby
amended in their entirety as follows:
(a): This statement on Schedule 13D is being filed jointly by New River Capital
Partners, L.P. ("New River"), B&B Management, L.P. ("B&B Management"), SRB
Investments, Inc. ("SRB Investments") and Steven R. Berrard ("Mr. Berrard").
New River, B&B Management, SRB Investments and Mr. Berrard are referred to
herein collectively as the "Reporting Persons" and individually as a "Reporting
Person." This statement is being filed (i) by New River as the direct
beneficial owner of 7,391,513 shares of the Common Stock (the "New River
Shares"), (ii) by B&B Management by virtue of its relationship with New River
as described in Item 2(c), below, (iii) by SRB Investments by virtue of its
relationship with New River as described in Item 2(c), below, and as the direct
beneficial owner of an additional 117 shares of Common Stock (the "SRB Shares")
and (iv) by Mr. Berrard by virtue of his relationships with New River and SRB
Investments as described in Item 2(c), below. A copy of the agreement among the
Reporting Persons with respect to their joint filing of this statement is
attached as Exhibit 1 to the Original Schedule 13D and is incorporated herein
by reference.
(b): The principal business address for New River, B&B Management and Mr.
Berrard is 100 S.E. Third Avenue, Suite 1101, Fort Lauderdale, Florida 33301.
The principal business address of SRB Investments is 502 East John Street,
Carson City, Nevada 89706.
(c): Mr. Berrard is the Chairman of the Board of the Issuer, which is Mr.
Berrard's principal employment. Mr. Berrard is the sole shareholder, director
and officer of SRB Investments. SRB Investments is principally engaged as the
sole managing general partner of B&B Management. B&B Management is principally
engaged as the sole general partner of New River. New River is principally
engaged as a private equity firm and has investments in the Issuer and other
companies.
ITEM 4. PURPOSE OF TRANSACTION
New River acquired the Common Stock for investment purposes. New River
may, from time to time, distribute to its partners shares of the Common Stock in
the future. Otherwise, none of the Reporting Persons has any plans or proposals
which relate to or would result in any of the events or transactions described
in Items 4(a) through 4(j) of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Items 5(a), 5(b), 5(c) and 5(d) of the Original Schedule 13D are hereby
amended in their entirety as follows:
(a): This statement relates to an aggregate of 7,391,630 shares of Common Stock.
New River is the direct beneficial owner of the New River Shares, representing
approximately 15.1% of the outstanding shares of Common Stock. Each of B&B
Management, SRB Investments and Mr. Berrard may be
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deemed to be the indirect beneficial owner of the New River Shares by virtue of
their respective relationships with New River described in Item 2(c), above. In
addition, SRB Investments is the direct beneficial owner of the SRB Shares,
representing, along with the New River Shares, an aggregate of approximately
15.1% of the outstanding shares of Common Stock. Mr. Berrard may be deemed to be
the indirect beneficial owner of the SRB Shares by virtue of his relationship
with SRB Investments described in Item 2(c), above. The percentage of beneficial
ownership held by each Reporting Person has been calculated in accordance with
Rule 13d-3 under the Exchange Act.
(b): New River has the sole power to vote and the sole power to dispose of the
New River Shares. By virtue of the relationships described in Item 2(c), above,
each of B&B Management, SRB Investments and Mr. Berrard may be deemed to have
sole voting and sole dispositive power with respect to the New River Shares. SRB
Investments has the sole power to vote and the sole power to dispose of the SRB
Shares. By virtue of his relationship with SRB Investments described in Item
2(c), above, Mr. Berrard may be deemed to have sole voting and sole dispositive
power with respect to the SRB Shares.
(c): On April 30, 1999, the Merger was completed, pursuant to which New River's
shares in Gerald Stevens Retail were converted into the right to receive the New
River Common Stock.
On April 12, 2000, New River distributed 585,591 shares of the Common
Stock to New River's partners on a pro rata basis, including a distribution of
117,118 shares to B&B Management. New River's partners then redistributed the
585,591 shares to their respective partners and owners, including a distribution
of 117 shares to SRB Investments. Certain shares were distributed by New River
to a limited partnership established for the benefit of Mr. Berrard and his
family, but Mr. Berrard does not control or beneficially own an interest in this
partnership.
(d): New River has the sole right to receive dividends from, or the proceeds
from the sale of, the New River Shares. B&B Management has the sole power to
direct New River to sell its assets or distribute its assets to New River's
partners, including all or part of the New River Shares. B&B Management, as the
sole general partner of New River, has the sole power to direct to New River's
partners the receipt of dividends from, or the proceeds from the sale of, the
New River Shares. None of the limited partners of New River, or of the partners
in B&B Management except for SRB Investments, has the power to direct the
receipt of dividends from, or the proceeds from the sale of, the New River
Shares reported herein or the power to direct New River to distribute the New
River Shares (or the dividends or sale proceeds derived therefrom) to New
River's partners. SRB Investments has the sole right to receive dividends from,
or the proceeds from the sale of, the SRB Shares. Mr. Berrard has the sole power
to direct SRB Investments to sell its assets to SRB Investment's shareholders,
including all or part of the SRB Shares. Mr. Berrard, as the sole shareholder,
director and officer of SRB Investments, has the sole power to direct to SRB
Investment's shareholders the receipt of dividends from, or the proceeds from
the sale of, the SRB Shares.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit 1: Joint Filing Agreement among Steven R. Berrard, New River Capital
Partners, L.P., B&B Management, L.P. and SRB Investments, Inc.
(incorporated by reference to Exhibit 1 of the Original Schedule
13D).
Exhibit 2: Stockholders Agreement among Gerald Stevens Retail, Inc., New River
Capital Partners, L.P. and certain other stockholders of Gerald
Stevens Retail, Inc. (incorporated by reference to Exhibit 2 of the
Original Schedule 13D).
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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.
Dated: May 10, 2000 NEW RIVER CAPITAL PARTNERS, L.P.
By: B&B Management Partners, L.P.,
as its General Partner
By: SRB Investments, Inc.,
as its Managing General Partner
By: /s/ Steven R. Berrard
----------------------------
Steven R. Berrard, President
Dated: May 10, 2000 B&B MANAGEMENT PARTNERS, L.P.
By: SRB Investments, Inc.,
as its Managing General Partner
By: /s/ Steven R. Berrard
--------------------------------
Steven R. Berrard, President
Dated: May 10, 2000 SRB INVESTMENTS, INC.
By: /s/ Steven R. Berrard
-----------------------------------
Steven R. Berrard, President
Dated: May 10, 2000 /s/ Steven R. Berrard
-----------------------------------
Steven R. Berrard
