<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(a)
(AMENDMENT NO. _____)(1)
Aftermarket Technology Corp.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
008318 10 7
- --------------------------------------------------------------------------------
(CUSIP Number)
Joseph Salamunovich, 1 Oak Hill Center, Suite 400, Westmont, IL 60559
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 25, 1999
- --------------------------------------------------------------------------------
(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 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.
(Continued on following pages)
(Page 1 of 22 Pages)
- --------------------
(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 ("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).
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 2 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Aurora Equity Partners L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 6,971,061
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,956,475
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 6,971,061
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,927,536
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 3 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Aurora Overseas Equity Partners I, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,112,917
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,956,475
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,112,917
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,069,392
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
20.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 4 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Aurora Capital Partners L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 6,971,061
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,956,475
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 6,971,061
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,927,536
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 5 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Aurora Overseas Capital Partners L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,112,917
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,956,475
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,112,917
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,069,392
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
20.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 008318 10 7 13D Page 6 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Aurora Advisors, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 6,971,061
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,956,475
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 6,971,061
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,927,536
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 008318 10 7 13D Page 7 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Aurora Overseas Advisors, Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,112,917
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,956,475
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,112,917
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,069,392
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
20.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 008318 10 7 13D Page 8 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard R. Crowell
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 11,040,453
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 69,998
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 8,083,978
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,040,453
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
54.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 008318 10 7 13D Page 9 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gerald L. Parsky
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 11,040,453
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 137,676
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 8,083,978
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,040,453
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
54.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 008318 10 7 13D Page 10 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard K. Roeder
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 11,040,453
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 39,434
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 8,083,978
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,040,453
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
54.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 008318 10 7 13D Page 11 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Trustees of General Electric Pension Trust
I.R.S. #14-6015763
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,038,152
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,038,152
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,038,152
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
EP
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 008318 10 7 13D Page 12 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Electric Investment Corporation, as Investment Manager
to GEPT (as defined below)
I.R.S. #22-2152310
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,038,152
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,038,152
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,038,152
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 008318 10 7 13D Page 13 of 22 Pages
- ----------------------------- -----------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Electric Company
I.R.S. #14-0689340
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) / /
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY Disclaimed (See 11 below)
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH Disclaimed (See 11 below)
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Beneficial ownership of all shares disclaimed by General Electric Company
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* /X/
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
N/A
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 14 of 22 Pages
- ----------------------------- -----------------------------
Item 1. SECURITY AND ISSUER.
This statement relates to the Common Stock, $.01 par value (the
"Common Stock"), of Aftermarket Technology Corp., a Delaware corporation (the
"Issuer"). The principal executive offices of the Issuer are located at 1 Oak
Hill Center, Suite 400, Westmont, IL 60559.
Item 2. IDENTITY AND BACKGROUND.
This Schedule 13D is being filed by Aurora Equity Partners L.P., a
Delaware limited partnership ("AEP"), Aurora Overseas Equity Partners I,
L.P., a Cayman Islands exempted limited partnership ("AOEP"), Aurora Capital
Partners L.P., a Delaware limited partnership ("ACP"), Aurora Overseas
Capital Partners L.P., a Cayman Islands exempted limited partnership
("AOCP"), Aurora Advisors, Inc., a Delaware corporation ("AAI"), Aurora
Overseas Advisors, Ltd., a Cayman Islands exempted company ("AOAL"), Richard
R. Crowell, a United States citizen ("Crowell"), Gerald L. Parsky, a United
States citizen ("Parsky"), Richard K. Roeder, a United States citizen
("Roeder"), the Trustees of General Electric Pension Trust, a New York common
law trust ("GEPT"), its investment manager, General Electric Investment
Corporation, a Delaware corporation and a wholly owned subsidiary of General
Electric Company ("GEIC"), and General Electric Company, a New York
corporation ("GE"). AEP, AOEP, ACP, AOCP, AAI, AOAL, Crowell, Roeder,
Parsky, GEPT, GEIC and GE are collectively referred to herein as the
"Reporting Persons." Each Reporting Person disclaims responsibility for the
completeness and accuracy of the information contained in this Schedule 13D
concerning the other Reporting Persons.
The principal business of AEP and AOEP is that of a private investment
partnership. The general partner of AEP is ACP, whose general partner is AAI.
The general partner of AOEP is AOCP, whose general partner is AOAL. AEP and
AOEP are hereinafter referred to as the "Aurora Partnerships."
Crowell, Parsky and Roeder are the sole stockholders and directors of
AAI and AOAL and are limited partners of ACP and AOCP and may be deemed to
beneficially share ownership of the Common Stock of the Issuer beneficially
owned by AEP and AOEP. Each of such individual's primary occupation is as a
managing director of ACP. For information with respect to the identity and
principal occupation of each executive officer of AAI, see Schedule A
attached hereto. AOAL has no executive officers.
The principal business of GEPT is as a pension trust organized for
the benefit of certain employees of General Electric Company. With limited
exceptions, GEPT has irrevocably agreed to vote all shares held by it in such
manner as the Aurora Partnerships shall determine, to such extent as its
fiduciary duties under the Employee Retirement Income Security Act of 1974
shall allow. This provision terminates upon the transfer of such shares.
GEIC is a registered investment advisor and acts as investment manager to
GEPT and thus shares in GEPT's voting and dispositive power. GEIC is a
wholly owned subsidiary of GE and GE reports whenever GEIC reports, although
it disclaims beneficial ownership of any and all shares held by GEPT. GEPT,
GEIC and GE are hereinafter referred to as the "GE Entities."
Certain stockholders of the Issuer, including GEPT, have granted to
the Aurora Partnerships an irrevocable proxy pursuant to which the Aurora
Partnerships can vote the shares subject to the proxy in such manner as the
Aurora Partnerships shall determine in their respective sole and absolute
discretion. See Item 6 ("Stockholders Agreement") for additional information
concerning the terms of the irrevocable proxy.
The principal business and office address of AEP, ACP and AAI is 1800
Century Park East, Suite 1000, Los Angeles, CA 90067. The principal business
and office address of AOEP, AOCP and AOAL is West Wind Building, P.O. Box 1111,
Georgetown, Grand Cayman, Cayman Islands, B.W.I. The principal business and
office address of Messrs. Crowell, Parsky and Roeder is Aurora Capital Partners
L.P., 1800 Century Park East, Suite 1000, Los Angeles,
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 15 of 22 Pages
- ----------------------------- -----------------------------
CA 90067. The principal business and office address of GEPT is c/o General
Electric Investment Corporation, 3003 Summer Street, Stamford, CT 06905, Attn:
Michael Pastore, Esq., the principal business and office address of GEIC is 3003
Summer Street, Stamford, CT 06905, Attn: Michael Pastore, Esq., and the
principal business and office address of GE is 3135 Easton Turnpike, Fairfield,
CT 06431.
See Schedule B attached hereto for information with respect to the
identity and principal occupation of each (i) executive officer and director
of GE (ii) Trustee of GEPT and (iii) executive officer and director of GEIC.
Except as set forth below, during the last five years, neither any
Reporting Person nor, to the best knowledge of each Reporting Person, any
person identified in Schedules A or B has (i) been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors) or (ii)
been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such a proceeding was or is subject
to a judgement, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
HER MAJESTY'S INSPECTORATE OF POLLUTION V. IGE MEDICAL SYSTEMS LIMITED
(St. Albans Magistrates Court, St. Albans, Hersfordshire, England, Case No.
04/00320181).
In April, 1994, General Electric Medical System's U.K. subsidiary, IGE
Medical Systems Limited ("IGEMS") discovered the loss of a radioactive barium
source at the Radlett, England, facility. The lost source, used to calibrate
nuclear camera detectors, emits a very low level of radiation. IGEMS
immediately reported the loss as required by the U.K. Radioactive Substances
Act. An ensuing investigation, conducted in cooperation with government
authorities, failed to locate the source. On July 21, 1994, Her Majesty's
Inspectorate of Pollution ("HMIP") charged IGEMS with violating the
Radioactive Substances Act by failing to comply with a condition of
registration. The Act provides that a registrant like IGEMS, which "does not
comply with a limitation or condition subject to which (it) is so registered
... shall be guilty of (a criminal) offense." Condition 7 of IGEMS'
registration states that it "shall so far as is reasonably practicable
prevent ... loss of any registered source."
At the beginning of trial on February 24, 1995, IGEMS entered a guilty
plea and agreed to pay a fine of L5,000 and assessed costs of L5,754. The
prosecutor's presentation focused primarily on the 1991 change in internal
IGEMS procedures and, in particular, the source logging procedure. The
prosecutor complimented IGEMS' investigation and efforts to locate the source
and advised the court that IGEMS had no previous violations of the
Radioactive Substances Act. He also told the court that the Radlett plant had
been highlighted as an exemplary facility to HMIP inspectors as part of their
training. In mitigation, IGEMS emphasized the significant infrastructure and
expense undertaken by IGEMS to provide security for radiation sources and the
significant effort and expense incurred in attempting to locate the missing
source.
All Reporting Persons and, to the best knowledge of each Reporting
Person, all persons identified in Schedules A or B are United States
citizens, except Paolo Fresco, Vice Chairman of the Board and an Executive
Officer of GE, who is an Italian citizen, and Claudio X. Gonzalez, a Director
of GE, who is a Mexican citizen.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
As of December 20, 1998, AEP owned 6,651,808 shares of Common Stock
and AOEP owned 1,061,870 shares of Common Stock. As more fully described in
Item 5(c) hereof, from December 21, 1998 to January 29, 1999, AEP utilized an
aggregate of $2,518,759.85 of its working capital to purchase an aggregate of
319,253 shares of Common Stock. From December 21, 1998 to January 29, 1999,
AOEP utilized an aggregate of $402,655.90 of its working capital to purchase an
aggregate of 51,047 shares of Common Stock. The working capital was provided by
capital contributions to AEP and AOEP from their respective general and limited
partners.
Item 4. PURPOSE OF TRANSACTION.
AEP and AOEP have commenced a program through Morgan Stanley Dean
Witter for the purchase of up to 2.2 million shares of the Company's common
stock (the "Purchase Program"). The shares of Common Stock purchased by AEP and
AOEP through the Purchase Program have been acquired for investment purposes.
The Reporting Persons intend to review on a continuing basis their investment in
the Issuer. The Reporting Persons may decide to increase or decrease their
investment in the Issuer depending upon the price and availability of the
Issuer's securities, subsequent developments affecting the Issuer, the Issuer's
business and prospects, other investment and business opportunities available to
the Reporting Persons, general stock market and economic conditions, tax
considerations and other factors.
Other than as described above, none of the Reporting Persons has any
plans or proposals that relate to or would result in any of the actions
described in subparagraphs (a) through (j) of Item 4 of Schedule 13D (although
they reserve the right to develop such plans).
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) and (b) As of January 29, 1999, AEP, ACP and AAI may be deemed to
beneficially own 9,927,536 shares of Common Stock, representing approximately
49.1% of the total outstanding shares of Common Stock (based on the number of
shares of the Issuer's Common Stock outstanding as of October 31, 1998, as
reported in the Issuer's Form 10Q). AEP, ACP and AAI have sole voting and
dispositive power with respect to 6,971,061 shares of Common Stock and shared
voting power with respect to 2,956,475 shares of Common Stock.
As of the same date, AOEP, AOCP and AOAL may be deemed to beneficially
own 4,069,392 shares of Common Stock, representing approximately 20.1% of the
total outstanding shares of Common Stock. AOEP, AOCP and AOAL have sole voting
and dispositive power with respect to 1,112,917 shares of Common Stock and
shared voting power with respect to 2,956,475 shares of Common Stock.
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 16 of 22 Pages
- ----------------------------- -----------------------------
Of the 2,956,475 shares for which AEP, AOEP, ACP, AOCP, AAI and AOAL
have shared voting power, 2,038,152 shares are owned by GEPT and 918,323 shares
are subject to an irrevocable proxy granted to AEP and AOEP by certain holders
of Common Stock, including Crowell, Parsky and Roeder, certain other limited
partners of AEP and certain affiliates of a limited partner of AOEP. The proxy
terminates upon the transfer of such shares.
As of the same date, Messrs. Crowell, Parsky and Roeder may be deemed
to each beneficially own 11,040,453 shares of Common Stock, representing
approximately 54.6% of the total outstanding shares of Common Stock. Messrs.
Crowell, Parsky and Roeder have shared voting power with respect to 11,040,453
shares of Common Stock and shared dispositive power with respect to 8,083,978
shares of Common Stock, and sole dispositive power with respect to 69,998,
137,676 and 39,434 shares of Common Stock, respectively. Of the 11,040,453
shares for which Crowell, Parsky and Roeder have shared voting power, 6,971,061
shares are owned by AEP, 1,112,917 shares are owned by AOEP, 2,038,152 shares
are owned by GEPT and 918,323 shares are subject to an irrevocable proxy granted
to AEP and AOEP by certain holders of Common Stock, including Crowell, Parsky
and Roeder, certain other limited partners of AEP and certain affiliates of a
limited partner of AOEP. The proxy terminates upon the transfer of such shares.
Of the 8,083,978 shares for which Crowell, Parsky and Roeder have shared
dispositive power, 6,971,061 shares are owned by AEP and 1,112,917 shares are
owned by AOEP.
As of the same date, GEPT and GEIC may be deemed to beneficially own
2,038,152 shares of Common Stock, representing approximately 10.1% of the total
outstanding shares of Common Stock. GEPT and GEIC have shared voting and
dispositive power with respect to 2,038,152 shares of Common Stock. GE
disclaims beneficial ownership of any and all shares held by GEPT.
(c) Pursuant to the Purchase Program, AEP acquired a total of 319,253
shares of Common Stock through open market purchases as follows:
<TABLE>
<CAPTION>
NO. OF SHARES DATE ACQUIRED
------------- -------------
<S> <C>
64,673 Dec. 21, 1998
4,312 Dec. 23, 1998
2,156 Dec. 28, 1998
25,869 Dec. 29, 1998
4,312 Dec. 30, 1998
4,312 Jan. 04, 1999
12,935 Jan. 08, 1999
9,485 Jan. 11, 1999
49,450 Jan. 13, 1999
20,468 Jan. 14, 1999
21,500 Jan. 15, 1999
10,750 Jan. 19, 1999
24,080 Jan. 21, 1999
23,220 Jan. 22, 1999
30,537 Jan. 25, 1999
11,194 Jan. 29, 1999
</TABLE>
Pursuant to the Purchase Program, AOEP acquired a total of 51,047
shares of Common Stock through open market purchases as follows:
<TABLE>
<CAPTION>
NO. OF SHARES DATE ACQUIRED
------------- -------------
<S> <C>
10,327 Dec. 21, 1998
</TABLE>
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 17 of 22 Pages
- ----------------------------- -----------------------------
<TABLE>
<S> <C>
688 Dec. 23, 1998
344 Dec. 28, 1998
4,131 Dec. 29. 1998
688 Dec. 30, 1998
688 Jan. 04, 1999
2,065 Jan. 08, 1999
1,515 Jan. 11, 1999
8,050 Jan. 13, 1999
3,332 Jan. 14, 1999
3,500 Jan. 15, 1999
1,750 Jan. 19, 1999
3,920 Jan. 21, 1999
3,780 Jan. 22, 1999
4,463 Jan. 25, 1999
1,806 Jan. 29, 1999
</TABLE>
(d) The right to receive distributions, and proceeds from the sale of
the 6,971,061 and 1,112,917 shares of Common Stock held of record by AEP and
AOEP, respectively, is governed by their respective limited partnership
agreements, and such distributions or proceeds may be made with respect to the
general and limited partnership interests in AEP and AOEP.
(e) Not applicable.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Stockholders Agreement. AEP, AOEP, GEPT and Messrs. Crowell, Parsky
and Roeder are parties to that certain Stockholders Agreement, dated August 2,
1994, among Aftermarket Technology Holdings Corp. (the predecessor-in-interest
to the Issuer), and certain of its stockholders, optionholders and warrant
holders (as amended to date, the "Stockholders Agreement"). Under the
Stockholders Agreement, certain stockholders of the Issuer, including GEPT, have
granted to the Aurora Partnerships an irrevocable proxy pursuant to which the
Aurora Partnerships can vote the shares subject to the proxy in such manner as
the Aurora Partnerships shall determine in their respective sole and absolute
discretion. The aggregate number of shares subject to such irrevocable proxy is
approximately 918,323 shares, or 4.5% of the total outstanding shares of Common
Stock. Each proxy terminates upon the earlier to occur of the transfer of the
subject shares or July 31, 2004. In addition, the parties to the Stockholders
Agreement have agreed to provide the Issuer with written notice prior to any
proposed transfer of their shares of Common Stock.
The Stockholders Agreement also provides that if, after the Aurora
Partnerships distribute their shares of Common Stock to their limited partners,
any such limited partner holds 10% or more of the outstanding Common Stock, such
limited partner (the "Demand Holder") will have the right to require the Issuer
to use its best efforts to file a registration statement under the Securities
Act of 1933, as amended (the "Securities Act"), covering the resale of the
Demand Holder's shares in an underwritten offering. If following such offering
the Demand Holder still holds 10% or more of the outstanding Common Stock, the
Demand Holder will have one additional "demand" registration right.
The Issuer will bear all expenses incident to any registration
effected pursuant to the Stockholders Agreement, including the fees and expenses
of a single counsel retained by the selling stockholders; however, each selling
stockholder will be responsible for the underwriting discounts and commissions
and transfer taxes in connection with shares sold by such stockholder. Each
selling stockholder and the underwriters through whom shares are sold on
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 18 of 22 Pages
- ----------------------------- -----------------------------
behalf of a selling stockholder will be entitled to customary indemnification
from the Issuer against certain liabilities, including liabilities under the
Securities Act.
In connection with a December 1996 private placement to GEPT, the
Issuer granted a "demand" registration right to GEPT. Such registration right
covers the 955,794 shares issued in the private placement as well as 300,000
shares of Common Stock owned by GEPT prior to the private placement. Pursuant to
this registration right, GEPT may, subject to certain limitations, require the
Issuer to use its best efforts to file a registration statement under the
Securities Act covering the resale of such shares of Common Stock. In addition,
GEPT was granted a "piggyback" registration right to include such shares on a
pro rata basis in any registration effected for the account of any person
exercising a contractual "demand" registration right granted by the Issuer in
the future. All fees, costs and expenses of such registration (other than
underwriting discounts and commissions) will be borne by the Issuer. GEPT and
any underwriters through whom shares are sold on behalf of GEPT will be entitled
to customary indemnification from the Issuer against certain liabilities,
including liabilities under the Securities Act. GEPT's registration rights may
not be exercised until after December 20, 1999.
The foregoing summary of the Stockholders Agreement is qualified in
its entirety by reference to the Stockholders Agreement, a copy of which is
included as an exhibit hereto and incorporated herein by reference.
Management Services Agreement. The Issuer also pays to ACP a base
annual management fee of approximately $540,000 for advisory and consulting
services pursuant to a written management services agreement (the "Management
Services Agreement"). ACP is also entitled to reimbursements from the Issuer
for all of its reasonable out-of-pocket costs and expenses incurred in
connection with the performance of its obligations under the Management Services
Agreement. The base annual management fee is subject to increase, at the
discretion of the disinterested members of the Issuer's Board of Directors, by
up to an aggregate of $250,000 in the event the Issuer consummates one or more
significant corporate transactions. The base annual management fee has not been
increased as a result of any of the Issuer's acquisitions. The base annual
management fee is also subject to increase for specified cost of living
increases pursuant to which the base annual management fee was most recently
increased in July 1997 from $530,000. If the Issuer's EBITDA in any year
exceeds management's budgeted EBITDA by 15.0% or more for that year, ACP will be
entitled to receive an additional management fee equal to one half of its base
annual management fee for such year. Because the Issuer's EBITDA did not exceed
management's budgeted EBITDA by 15.0% in 1998, ACP did not receive this
additional management fee in 1998. In the event the Issuer consummates any
significant acquisitions or dispositions, ACP will be entitled to receive a
closing fee from the Issuer equal to 2.0% of the first $75.0 million of the
acquisition consideration (including debt assumed and current assets retained)
and 1.0% of acquisition consideration (including debt assumed and current assets
retained) in excess of $75.0 million.
Notwithstanding the foregoing, no payment will be made to ACP pursuant
to the Management Services Agreement at any time that certain events of default
shall have occurred and be then continuing under any of the Indentures governing
the Issuer's 12% Senior Subordinated Notes due 2004 or the Issuer's bank credit
facility. The Management Services Agreement also provides that the Issuer shall
provide ACP and its directors, employees, partners and affiliates with customary
indemnification against all actions not involving gross negligence or willful
misconduct.
The base annual management fee payable to ACP will be reduced as the
collective beneficial ownership of Common Stock by the Aurora Partnerships
declines below 50% as follows: for any period during which the collective
beneficial ownership of the Aurora Partnerships is less than 50% but at least
40%, the base annual management fee payable for the
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 19 of 22 Pages
- ----------------------------- -----------------------------
period will be 80% of the original base annual management fee (as such original
base annual management fee may previously have been adjusted due to
discretionary increases by the Board of Directors or cost of living increases as
described above, the "Original Fee"); for any period during which the Aurora
Partnerships' collective beneficial ownership is less than 40% but at least 30%,
the base annual management fee payable for the period will be 60% of the
Original Fee; and for any period during which the collective beneficial
ownership of the Aurora Partnerships is less than 30% but at least 20%, the base
annual management fee payable for the period will be 40% of the Original Fee.
If the Aurora Partnerships' collective beneficial ownership declines below 20%,
the Management Services Agreement will terminate. Effective May 1, 1998, the
Management Services Agreement was assigned by ACP to Aurora Management Partners
LLC, a Delaware limited liability company.
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
(a) Stockholders Agreement, dated as of August 2, 1994, among
Aftermarket Technology Holdings Corp. (the
predecessor-in-interest to the Issuer), and certain of its
stockholders, optionholders and warrant holders (the Stockholders
Agreement) (previously filed as Exhibit 10.1 to the Issuer's
Registration Statement on Form S-4 filed on November 30, 1994,
Commission File No. 33-86838, and incorporated herein by this
reference)
(b) Amendment No. 1 to the Stockholders Agreement, dated as of June
24, 1996 (previously filed as Exhibit 10.38 to Amendment No. 2 to
the Issuer's Registration Statement on Form S-1 filed on November
6, 1996, Commission File No. 333-5597, and incorporated herein by
this reference)
(c) Amendment No. 2 to the Stockholders Agreement, dated as of
October 24, 1996 (previously filed as Exhibit 10.39 to Amendment
No. 2 to the Issuer's Registration Statement on Form S-1 filed
on November 6, 1996, Commission File No. 333-5597, and
incorporated herein by this reference)
(d) Amendment No. 3 to Stockholders Agreement, dated as of December
4, 1996 (previously filed as Exhibit 10.4 to the Issuer's Annual
Report on Form 10-K for the year ended December 31, 1996 and
incorporated herein by this reference)
(e) Amendment No. 4 to Stockholders Agreement, dated as of December
16, 1996 (previously filed as Exhibit 10.5 to the Issuer's Annual
Report on Form 10-K for the year ended December 31, 1996 and
incorporated herein by this reference)
(f) Amended and Restated Management Services Agreement, dated as of
November 18, 1996, by and among the Issuer, the Issuer's
subsidiaries, and Aurora Capital Partners L.P. (previously filed
as Exhibit 10.4 to Amendment No. 4 to the Issuer's Registration
Statement on Form S-1 filed on October 25, 1996, Commission File
No. 333-5597, and incorporated herein by this reference)
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 20 of 22 Pages
- ----------------------------- -----------------------------
SIGNATURE
After reasonable inquiry and to the best of their knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
AURORA EQUITY PARTNERS L.P.
By: Aurora Capital Partners L.P.,
its general partner
By: Aurora Advisors, Inc.,
its general partner
By: /s/ RICHARD K. ROEDER February 3, 1999
--------------------------------------
Richard K. Roeder, Vice President
AURORA OVERSEAS EQUITY
PARTNERS I, L.P.
By: Aurora Overseas Capital Partners L.P.,
its general partner
By: Aurora Overseas Advisors, Ltd.,
its general partner
By: /s/ RICHARD K. ROEDER February 3, 1999
--------------------------------------
Richard K. Roeder, Director
AURORA CAPITAL PARTNERS L.P.
By: Aurora Advisors, Inc.,
its general partner
By: /s/ RICHARD K. ROEDER February 3, 1999
--------------------------------------
Richard K. Roeder, Vice President
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 21 of 22 Pages
- ----------------------------- -----------------------------
AURORA OVERSEAS CAPITAL
PARTNERS L.P.
By: Aurora Overseas Advisors, Ltd.,
its general partner
By: /s/ RICHARD K. ROEDER February 3, 1999
--------------------------------------
Richard K. Roeder, Director
AURORA ADVISORS, INC.
By: /s/ RICHARD K. ROEDER February 3, 1999
--------------------------------------
Richard K. Roeder, Vice President
AURORA OVERSEAS ADVISORS, LTD.
By: /s/ RICHARD K. ROEDER February 3, 1999
--------------------------------------
Richard K. Roeder, Director
/s/ RICHARD R. CROWELL February 3, 1999
- -----------------------------------------
RICHARD R. CROWELL
/s/ RICHARD K. ROEDER February 3, 1999
- -----------------------------------------
RICHARD K. ROEDER
/s/ GERALD L. PARSKY February 3, 1999
- -----------------------------------------
GERALD L. PARSKY
<PAGE>
- ----------------------------- -----------------------------
CUSIP No. 008318 10 7 13D Page 22 of 22 Pages
- ----------------------------- -----------------------------
GENERAL ELECTRIC PENSION TRUST
By: General Electric Investment Corporation,
its Investment Manager
/s/ ALAN M. LEWIS February 3, 1999
---------------------------------------
Alan M. Lewis, Trustee
GENERAL ELECTRIC INVESTMENT CORPORATION
By: /s/ MICHAEL M. PASTORE February 3, 1999
---------------------------------------
Michael M. Pastore, Vice President
GENERAL ELECTRIC COMPANY
By: /s/ JOHN H. MYERS February 3, 1999
---------------------------------------
John H. Myers, Vice President
<PAGE>
SCHEDULE A
AURORA ADVISORS, INC. EXECUTIVE OFFICERS
The business address of each of the persons listed below is Aurora Capital
Partners L.P., 1800 Century Park East, Suite 1000, Los Angeles, California
90067.
<TABLE>
<CAPTION>
OFFICERS POSITION
<S> <C>
Gerald L. Parsky Chairman of the Board and managing director of ACP
Richard K. Roeder Vice President and Assistant Secretary and
managing director of ACP
Richard R. Crowell Vice President and Secretary and
managing director of ACP
Frederick J. Elsea, III Chief Financial Officer and Chief Financial Officer of ACP
</TABLE>
<PAGE>
SCHEDULE B
GENERAL ELECTRIC COMPANY EXECUTIVE OFFICERS
The business address of each of the persons listed below is 3135 Easton
Turnpike, Fairfield, Connecticut 06431.
The names and principal occupations of the Officers of General Electric
Company are as follows:
<TABLE>
<CAPTION>
OFFICERS POSITION(S)
<S> <C>
J.F. Welch, Jr. Chairman of the Board and Chief Executive Officer
P. Fresco Vice Chairman of the Board and Executive Officer
P.D. Ameen Vice President and Comptroller
J.R. Bunt Vice President and Treasurer
D.L. Calhoun Senior Vice President - GE Lighting
W.J. Conaty Senior Vice President - Human Resources
D.M. Cote Vice President - GE Appliances
D.D. Dammerman Senior Vice President - Finance
L.S. Edelheit Senior Vice President - Corporate Research and Development
B.W. Heineman, Jr. Senior Vice President - General Counsel and Secretary
J.R. Immelt Senior Vice President - GE Medical Systems
W.J. Lansing Vice President - Corporate Business Development
G.S. Malm Senior Vice President - Asia
W.J. McNerney, Jr. Senior Vice President - GE Aircraft Engines
E.F. Murphy Vice Chairman of the Board and Executive Officer
R.L. Nardelli Senior Vice President - GE Power Systems
R.W. Nelson Vice President - Corporate Financial Planning and Analysis
J.D. Opie Vice Chairman of the Board and Executive Officer
G.M. Reiner Senior Vice President - Chief Information Officer
</TABLE>
<PAGE>
<TABLE>
<S> <C>
J.G. Rice Vice President - GE Transportation Systems
G.L. Rogers Senior Vice President - GE Plastics
J.W. Rogers Vice President - GE Motors
L.G. Trotter Vice President - GE Electrical Distribution and Control
</TABLE>
The names and principal occupations of Directors of General Electric
Company are as follows:
<TABLE>
<S> <C>
D.W. Calloway Chairman of the Board, Chief Executive
Officer and Director, PepsiCo., Inc.
J.I. Cash, Jr. Professor of Business Administration-Graduate
School of Business Administration,
Harvard University
S.S. Cathcart Retired Chairman, Illinois Tool Works
D.D. Dammerman Senior Vice President - Finance,
General Electric Company
P. Fresco Vice Chairman of the Board and Executive Officer,
General Electric Company
C.X. Gonzalez Chairman of the Board and Chief Executive Officer,
Kimberly-Clark de Mexico, S.A. de C.V.
G.G. Michelson Former Director, Federated Department
Stores
E.F. Murphy Vice Chairman of the Board and Executive
Officer
S. Nunn Partner, King & Spalding
J.O. Opie Vice Chairman of the Board and Executive
Officer, General Electric Company
R.S. Penske Chairman of the Board and President, Penske
Corporation
F.H.T. Rhodes President Emeritus, Cornell University
A.C. Sigler Retired Chairman of the Board and CEO and
former Director, Champion International
Corporation
D.A. Warner III Chairman of the Board, President, and Chief
Executive Officer, J.P. Morgan & Co.
Incorporated and Morgan Guaranty Trust
Company
J.F. Welch, Jr. Chairman of the Board and Chief Executive
Officer, General Electric Company
</TABLE>
CITIZENSHIP
(other than United States)
<TABLE>
<S> <C>
C.X. Gonzalez Mexico
P. Fresco Italy
</TABLE>
<PAGE>
GENERAL ELECTRIC PENSION TRUST
The business address of each of the persons listed below is 3003 Summer
Street, P.O. Box 7900, Stamford, Connecticut 06904.
The names and principal occupations of each of the Trustees of the
General Electric Pension Trust are as follows:
<TABLE>
<S> <C>
Eugene K. Bolton Executive Vice President of GEIC and GEIM
Michael J. Cosgrove Executive Vice President of GEIC and GEIM
John H. Myers Vice President of General Electric Company,
Chairman of the Board and President of GEIC
and GEIM
Ralph R. Layman Executive Vice President of GEIC and GEIM
Alan M. Lewis Executive Vice President, General Counsel
and Secretary of GEIC and GEIM
Robert A. MacDougall Executive Vice President of GEIC and GEIM
Thomas J. Szkutak Executive Vice President-Finance and
Administration of GEIC and Executive Vice
President-Chief Financial Officer of GEIM
Donald W. Torey Executive Vice President of GEIC and GEIM
</TABLE>
<PAGE>
GENERAL ELECTRIC INVESTMENT CORPORATION
The business address of each of the persons listed below is 3003 Summer
Street, P.O. Box 7900, Stamford, Connecticut 06904.
The names and principal occupations of the Officers of General Electric
Investment Corporation are as follows:
<TABLE>
<S> <C>
John H. Myers Chairman of the Board and President
Eugene K. Bolton Executive Vice President
Michael J. Cosgrove Executive Vice President
Ralph R. Layman Executive Vice President
Alan M. Lewis Executive Vice President, General Counsel
and Secretary
Robert A. MacDougall Executive Vice President
Geoffrey R. Norman Executive Vice President
Thomas J. Szkutak Executive Vice President - Chief Financial
Officer
Donald W. Torey Executive Vice President
Peter J. Hathaway Senior Vice President
Elaine G. Harris Senior Vice President
Paul C. Reinhardt Senior Vice President
Christopher W. Smith Senior Vice President
David B. Carlson Senior Vice President
Christopher D. Brown Senior Vice President
Richard L. Sanderson Senior Vice President
Philip A. Mercurio Senior Vice President
Robert R. Kaelin Senior Vice President
Philip A. Riordan Senior Vice President
Stephen B. Hoover Senior Vice President
Judith A. Studer Senior Vice President
Brian Hopkinson Senior Vice President
Michael J. Caufield Senior Vice President
James M. Mara Senior Vice President
Makoto F. Sumino Vice President
Daniel J. Barker Vice President
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Michael J. Solecki Vice President
Daizo Motoyoshi Vice President
Damian J. Maroun Vice President
Gerald L. Igou Vice President
Tara K. Holbrook Vice President
Ralph E. Whitman Vice President
Jane E. Hackney Vice President
Heather A. Kang Vice President
Anthony J. Sirabella Vice President
Jeffrey A. Groh Vice President
Andrew C. Warren Vice President
Stella V. Lou Vice President
William R. Wright Vice President
David J. Beck Vice President
Robert W. Aufiero Vice President
Kathleen S. Brooks Vice President
William M. Healey Vice President
Michael A. Sullivan Vice President
Susan M. Courtney Vice President
B. Bradford Barrett Vice President
Robert P. Gigliotti Vice President
Preston R. Sargent Vice President
David W. Wiederecht Vice President
Wolfe H. Bragin Vice President
Andreas T. Hildebrand Vice President
Anthony J. Mariani Vice President
Jeanne M. LaPorta Vice President - General Counsel and
Assistant Secretary
Michael M. Pastore Vice President - Associate General Counsel
and Assistant Secretary
Scott A. Silberstein Vice President - Associate General Counsel
and Assistant Secretary
Matthew J. Simpson Vice President - Associate General Counsel
and Assistant Secretary
Michael J. Strone Vice President - Associate General Counsel
</TABLE>
<PAGE>
<TABLE>
<S> <C>
and Assistant Secretary
Robert J. Zalucki Vice President-Tax Counsel
</TABLE>
The names and principal occupations of the Directors of GEIC are as
follows:
<TABLE>
<S> <C>
Eugene K. Bolton Executive Vice President of GEIC and GEIM
and Trustee of GEPT
Michael J. Cosgrove Executive Vice President of GEIC and GEIM
and Trustee of GEPT
John H. Myers Vice President of General Electric Company,
Chairman of the Board and President of GEIC
and GEIM and Trustee of GEPT
Ralph R. Layman Executive Vice President of GEIC and GEIM
and Trustee of GEPT
Alan M. Lewis Executive Vice President, General Counsel
and Secretary of GEIC and GEIM and Trustee of
GEPT
Robert A. MacDougall Executive Vice President of GEIC and GEIM
and Trustee of GEPT
Geoffrey R. Norman Executive Vice President of GEIC and GEIM
Thomas J. Szkutak Executive Vice President-Finance and
Administration of GEIC and Executive Vice
President-Chief Financial Officer of GEIM
and Trustee of GEPT
Donald W. Torey Executive Vice President of GEIC and GEIM
and Trustee of GEPT
</TABLE>
