<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. 2 )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)
March 5, 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 / /.
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 38 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. 008318107 13D Page 2 of 38 Pages
--------- --- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Aurora Equity Partners L.P.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 8,417,115
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
3,333,272
--------------------------------------------------
(9) Sole Dispositive Power
8,417,115
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
11,750,387
- -------------------------------------------------------------------------------
(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)
57.8%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 3 of 38 Pages
--------- --- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Aurora Overseas Equity Partners I, L.P.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 1,343,763
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
3,333,272
--------------------------------------------------
(9) Sole Dispositive Power
1,343,763
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
4,677,035
- -------------------------------------------------------------------------------
(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)
23.0%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 4 of 38 Pages
--------- --- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Aurora Capital Partners L.P.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 8,417,115
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
3,333,272
--------------------------------------------------
(9) Sole Dispositive Power
8,417,115
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
11,750,387
- -------------------------------------------------------------------------------
(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)
57.8%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 5 of 38 Pages
--------- --- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Aurora Overseas Capital Partners L.P.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 1,343,763
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
3,333,272
--------------------------------------------------
(9) Sole Dispositive Power
1,343,763
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
4,677,035
- -------------------------------------------------------------------------------
(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)
23.0%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 6 of 38 Pages
--------- --- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Aurora Advisors, Inc.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 8,417,115
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
3,333,272
--------------------------------------------------
(9) Sole Dispositive Power
8,417,115
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
11,750,387
- -------------------------------------------------------------------------------
(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)
57.8%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
CO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 7 of 38 Pages
--------- --- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Aurora Overseas Advisors, Ltd.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 1,343,763
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
3,333,272
--------------------------------------------------
(9) Sole Dispositive Power
1,343,763
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
4,677,035
- -------------------------------------------------------------------------------
(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)
23.0%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
CO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 8 of 38 Pages
--------- --- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Richard R. Crowell
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 0
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
13,094,150
--------------------------------------------------
(9) Sole Dispositive Power
169,998
--------------------------------------------------
(10) Shared Dispositive Power
9,760,878
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
13,094,150
- -------------------------------------------------------------------------------
(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)
64.4%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 9 of 38 Pages
--------- --- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Gerald L. Parsky
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 0
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
13,094,150
--------------------------------------------------
(9) Sole Dispositive Power
339,676
--------------------------------------------------
(10) Shared Dispositive Power
9,760,878
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
13,094,150
- -------------------------------------------------------------------------------
(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)
64.4%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 10 of 38 Pages
--------- ---- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Richard K. Roeder
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 0
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
13,094,150
--------------------------------------------------
(9) Sole Dispositive Power
114,434
--------------------------------------------------
(10) Shared Dispositive Power
9,760,878
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
13,094,150
- -------------------------------------------------------------------------------
(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)
64.4%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 11 of 38 Pages
--------- ---- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Trustees of General Electric Pension Trust
I.R.S. #14-6015763
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 0
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
2,038,152
--------------------------------------------------
(9) Sole Dispositive Power
0
--------------------------------------------------
(10) Shared Dispositive Power
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)
10.0%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
EP
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 12 of 38 Pages
--------- ---- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
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 (a) /x/
of a Group* (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 Shares (7) Sole Voting Power
Beneficially Owned 0
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
2,038,152
--------------------------------------------------
(9) Sole Dispositive Power
0
--------------------------------------------------
(10) Shared Dispositive Power
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)
10.0%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
IA, CO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 13 of 38 Pages
--------- ---- ----
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
General Electric Company
I.R.S. #14-0689340
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (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) /x/
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization
New York
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned 0
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
Disclaimed (See 11 below)
--------------------------------------------------
(9) Sole Dispositive Power
0
--------------------------------------------------
(10) Shared Dispositive Power
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 INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 008318107 13D Page 14 of 38 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 and incorporated by reference herein. 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.
<PAGE>
CUSIP No. 008318107 13D Page 15 of 38 Pages
--------- ---- ----
The principal business and office address of AEP, ACP and
AAI is 10877 Wilshire Blvd., Suite 2100, Los Angeles, CA 90024. 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., 10877 Wilshire Blvd., Suite 2100, Los Angeles, CA
90024. 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 and incorporated by
reference herein 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 judgment, 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 and B are United
States citizens, except that Paolo Fresco, Director of GE, is a citizen of
Italy, Claudio X. Gonzalez, Director of GE, is a citizen of Mexico,
<PAGE>
CUSIP No. 008318107 13D Page 16 of 38 Pages
--------- ---- ----
Andrea Jung, Director of GE, is a citizen of Canada, and G.S. Malm, Senior
Vice President of GE, is a citizen of Sweden.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
As of January 29, 1999, AEP owned 6,971,061 shares of
Common Stock and AOEP owned 1,112,917 shares of Common Stock. As more fully
described in Item 5(c) hereof, from February 1, 1999 to September 1, 1999,
AEP utilized an aggregate of $11,212,388 of its working capital to purchase
an aggregate of 1,446,054 shares of Common Stock. From February 1, 1999 to
September 1, 1999, AOEP utilized an aggregate of $1,789,804 of its working
capital to purchase an aggregate of 230,846 shares of Common Stock. The
working capital was provided by capital contributions to AEP and AOEP from
their respective general and limited partners. From February 1, 1999 to
September 1, 1999, Parsky utilized an aggregate of $1,077,482 of his personal
funds to purchase an aggregate of 200,000 shares of Common Stock. From
February 1, 1999 to September 1, 1999, Roeder utilized an aggregate of
$478,519 of his personal funds to purchase an aggregate of 75,000 shares of
Common Stock. From February 1, 1999 to September 1, 1999, Crowell utilized an
aggregate of $531,876 of his personal funds to purchase an aggregate of
100,000 shares of Common Stock.
Item 4. PURPOSE OF TRANSACTION.
AEP and AOEP have commenced a program through Morgan
Stanley Dean Witter for the purchase of up to 10.4 million shares of the
Company's common stock (the "Purchase Program"). The shares of Common Stock
purchased by AEP, AOEP, Parsky, Crowell and Roeder 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 September 1, 1999, AEP, ACP and AAI may
be deemed to beneficially own 11,750,387 shares of Common Stock, representing
approximately 57.8% of the total outstanding shares of Common Stock (based on
the number of shares of the Issuer's Common Stock outstanding as of July 16,
1999, as reported in the Issuer's Form 10-Q). AEP, ACP and AAI have sole
voting and dispositive power with respect to 8,417,115 shares of Common Stock
and shared voting power with respect to 3,333,272 shares of Common Stock.
As of the same date, AOEP, AOCP and AOAL may be deemed to
beneficially own 4,677,035 shares of Common Stock, representing approximately
23.0% of the total outstanding shares of Common Stock. AOEP, AOCP and AOAL
have sole voting and dispositive power with respect to 1,343,763 shares of
Common Stock and shared voting power with respect to 3,333,272 shares of
Common Stock.
Of the 3,333,272 shares for which AEP, AOEP, ACP, AOCP, AAI
and AOAL have shared voting power, 2,038,152 shares are owned by GEPT and
1,295,120 shares are subject to an irrevocable proxy granted to AEP and AOEP
by certain holders of Common Stock,
<PAGE>
CUSIP No. 008318107 13D Page 17 of 38 Pages
--------- ---- ----
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 13,094,150 shares of Common Stock,
representing approximately 64.4% of the total outstanding shares of Common
Stock. Messrs. Crowell, Parsky and Roeder have shared voting power with
respect to 13,094,150 shares of Common Stock and shared dispositive power
with respect to 9,760,878 shares of Common Stock, and sole dispositive power
with respect to 169,998, 339,676 and 114,434 shares of Common Stock,
respectively. Of the 13,094,150 shares for which Crowell, Parsky and Roeder
have shared voting power, 8,417,115 shares are owned by AEP, 1,343,763 shares
are owned by AOEP, 2,038,152 shares are owned by GEPT and 1,295,120 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 9,760,878
shares for which Crowell, Parsky and Roeder have shared dispositive power,
8,417,115 shares are owned by AEP and 1,343,763 shares are owned by AOEP.
As of the same date, Mr. Frederick J. Elsea, III, Chief
Financial Officer of AAI and ACP, may be deemed to beneficially own 20,160
shares of Common Stock, representing approximately 0.1% of the total
outstanding shares of Common Stock. Mr. Elsea has sole dispositive power and
shared voting power with respect to the 20,160 shares of Common Stock. The
20,160 shares of Common Stock for which Mr. Elsea has shared voting power are
subject to an irrevocable proxy granted to AEP and AOEP.
As of the same date, GEPT and GEIC may be deemed to
beneficially own 2,038,152 shares of Common Stock, representing approximately
10.0% 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 1,446,054 shares of Common Stock through open market purchases as follows:
NO. OF SHARES DATE ACQUIRED
32,722 Feb. 3, 1999
10,779 Feb. 26, 1999
10,779 March 1, 1999
3,234 March 2, 1999
8,623 March 4, 1999
9,054 March 5, 1999
15,285 March 8, 1999
15,090 March 9, 1999
17,677 March 10, 1999
11,210 March 11, 1999
169,356 March 16, 1999
4,312 March 17, 1999
447,967 March 19, 1999
8,623 March 31, 1999
3,234 April 6, 1999
2,156 April 7, 1999
4,312 April 8, 1999
5,389 April 9, 1999
<PAGE>
CUSIP No. 008318107 13D Page 18 of 38 Pages
--------- ---- ----
NO. OF SHARES DATE ACQUIRED
34,488 April 13, 1999
21,555 April 14, 1999
10,346 April 15, 1999
21,555 April 20, 1999
8,622 April 22, 1999
4,311 May 4, 1999
21,555 May 5, 1999
4,311 May 6, 1999
26,731 May 10, 1999
43,110 May 11, 1999
15,520 May 14, 1999
8,622 May 17, 1999
8,622 May 18, 1999
21,555 May 20, 1999
12,933 May 21, 1999
21,555 May 24, 1999
8,622 May 25, 1999
8,622 May 27, 1999
4,311 May 28, 1999
10,777 June 1, 1999
21,555 June 2, 1999
4,311 June 3, 1999
6,466 June 4, 1999
21,555 June 7, 1999
8,622 June 8, 1999
21,555 June 9, 1999
8,622 June 10, 1999
21,555 June 15, 1999
21,555 June 16, 1999
21,555 June 17, 1999
21,555 June 18, 1999
21,555 June 22, 1999
21,555 June 23, 1999
21,555 June 25, 1999
21,555 June 28, 1999
43,110 June 29, 1999
8,622 Aug. 3, 1999
2,155 Aug. 4, 1999
8,622 Aug. 10, 1999
1,724 Aug. 11, 1999
6,035 Aug. 12, 1999
862 Aug. 13, 1999
1,724 Aug. 16, 1999
2,587 Aug. 17, 1999
4,311 Aug. 18, 1999
3,651 Sept. 1, 1999
Pursuant to the Purchase Program, AOEP acquired a total of
230,846 shares of Common Stock through open market purchases as follows:
<PAGE>
CUSIP No. 008318107 13D Page 19 of 38 Pages
--------- ---- ----
NO. OF SHARES DATE ACQUIRED
5,278 Feb. 3, 1999
1,721 Feb. 26, 1999
1,721 March 1, 1999
516 March 2, 1999
1,377 March 4, 1999
1,446 March 5, 1999
2,465 March 8, 1999
2,410 March 9, 1999
2,823 March 10, 1999
1,790 March 11, 1999
27,044 March 16, 1999
688 March 17, 1999
71,533 March 19, 1999
1,377 March 31, 1999
516 April 6, 1999
344 April 7, 1999
688 April 8, 1999
861 April 9, 1999
5,512 April 13, 1999
3,445 April 14, 1999
1,654 April 15, 1999
3,445 April 20, 1999
1,378 April 22, 1999
689 May 4, 1999
3,445 May 5, 1999
689 May 6, 1999
4,269 May 10, 1999
6,890 May 11, 1999
2,480 May 14, 1999
1,378 May 17, 1999
1,378 May 18, 1999
3,445 May 20, 1999
2,067 May 21, 1999
3,445 May 24, 1999
1,378 May 25, 1999
1,378 May 27, 1999
689 May 28, 1999
1,723 June 1, 1999
3,445 June 2, 1999
689 June 3, 1999
1,034 June 4, 1999
3,445 June 7, 1999
1,378 June 8, 1999
3,445 June 9, 1999
1,378 June 10, 1999
3,445 June 15, 1999
3,445 June 16, 1999
3,445 June 17, 1999
3,445 June 18, 1999
3,445 June 22, 1999
3,445 June 23, 1999
<PAGE>
CUSIP No. 008318107 13D Page 20 of 38 Pages
--------- ---- ----
NO. OF SHARES DATE ACQUIRED
3,445 June 25, 1999
3,445 June 28, 1999
6,890 June 29, 1999
1,378 Aug. 3, 1999
345 Aug. 4, 1999
1,378 Aug. 10, 1999
276 Aug. 11, 1999
965 Aug. 12, 1999
138 Aug. 13, 1999
276 Aug. 16, 1999
413 Aug. 17, 1999
689 Aug. 18, 1999
349 Sept. 1, 1999
Pursuant to the Purchase Program, Crowell acquired 100,000
shares of Common Stock through open market purchases as follows:
NO. OF SHARES DATE ACQUIRED
12,500 Feb. 26, 1999
12,500 March 1, 1999
3,750 March 2, 1999
10,000 March 4, 1999
10,500 March 5, 1999
750 March 8, 1999
50,000 March 19, 1999
Pursuant to the Purchase Program, Roeder acquired 75,000
shares of Common Stock through open market purchases as follows:
NO. OF SHARES DATE ACQUIRED
12,500 Feb. 26, 1999
12,500 March 1, 1999
3,750 March 2, 1999
10,000 March 4, 1999
10,500 March 5, 1999
750 March 8, 1999
10,000 March 31, 1999
3,750 April 6, 1999
2,500 April 7, 1999
5,000 April 8, 1999
3,750 April 9, 1999
Pursuant to the Purchase Program, Parsky acquired 200,000
shares of Common Stock through open market purchases as follows:
<PAGE>
CUSIP No. 008318107 13D Page 21 of 38 Pages
--------- ---- ----
NO. OF SHARES DATE ACQUIRED
12,500 Feb. 26, 1999
12,500 March 1, 1999
3,750 March 2, 1999
10,000 March 4, 1999
10,500 March 5, 1999
750 March 8, 1999
17,500 March 9, 1999
20,500 March 10, 1999
12,000 March 11, 1999
50,000 March 16, 1999
50,000 March 19, 1999
(d) The right to receive distributions, and proceeds from
the sale of the 8,417,115 and 1,343,763 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 1,295,120
shares, or 6.4% 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. 008318107 13D Page 22 of 38 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 $549,420 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 January 1999 from $540,767. 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. 008318107 13D Page 23 of 38 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.
Exhibit 1 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)
Exhibit 2 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)
Exhibit 3 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)
Exhibit 4 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)
Exhibit 5 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)
Exhibit 6 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)
Exhibit 7 Joint Filing Agreement by and among AEP, AOEP, ACP,
AOCP, AAI, AOAL, Crowell, Parsky, Roeder, GEPT, GEIC
and GE, dated September 20, 1999.
<PAGE>
CUSIP No. 008318107 13D Page 24 of 38 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 September 20, 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 September 20, 1999
--------------------------------------------------
Richard K. Roeder, Director
AURORA CAPITAL PARTNERS L.P.
By: Aurora Advisors, Inc.,
its general partner
September 20, 1999
By: /s/ Richard K. Roeder
--------------------------------------------------
Richard K. Roeder, Vice President
<PAGE>
CUSIP No. 008318107 13D Page 25 of 38 Pages
--------- ---- ----
AURORA OVERSEAS CAPITAL
PARTNERS L.P.
By: Aurora Overseas Advisors, Ltd.,
its general partner
By: /s/ Richard K. Roeder September 20, 1999
--------------------------------------------------
Richard K. Roeder, Director
AURORA ADVISORS, INC.
September 20, 1999
By: /s/ Richard K. Roeder
--------------------------------------------------
Richard K. Roeder, Vice President
AURORA OVERSEAS ADVISORS, LTD.
By: /s/ Richard K. Roeder September 20, 1999
--------------------------------------------------
Richard K. Roeder, Director
/s/ Richard R. Crowell September 20, 1999
--------------------------------------------------
RICHARD R. CROWELL
/s/ Richard K. Roeder September 20, 1999
--------------------------------------------------
RICHARD K. ROEDER
/s/ Gerald L. Parsky September 20, 1999
--------------------------------------------------
GERALD L. PARSKY
<PAGE>
CUSIP No. 008318107 13D Page 26 of 38 Pages
--------- ---- ----
GENERAL ELECTRIC PENSION TRUST
By: General Electric Investment Corporation,
its Investment Manager
By: /s/ Michael M. Pastore September 20, 1999
--------------------------------------------------
Michael M. Pastore, Vice President
GENERAL ELECTRIC INVESTMENT CORPORATION
By: /s/ Michael M. Pastore September 20, 1999
--------------------------------------------------
Michael M. Pastore, Vice President
GENERAL ELECTRIC COMPANY
By: /s/ John H. Myers September 20, 1999
--------------------------------------------------
John H. Myers, Vice President
<PAGE>
CUSIP No. 008318107 13D Page 27 of 38 Pages
--------- ---- ----
SCHEDULE A
AURORA ADVISORS, INC. EXECUTIVE OFFICERS
The business address of each of the persons listed below is Aurora Capital
Partners L.P., 10877 Wilshire Blvd., Suite 2100, Los Angeles, California 90024.
<TABLE>
<CAPTION>
OFFICERS POSITION(S)
- -------- -----------
<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>
CUSIP No. 008318107 13D Page 28 of 38 Pages
--------- ---- ----
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.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 Senior Vice President - GE Appliances
D.D. Dammerman Vice Chairman of the Board and Executive Officer, Chairman and Chief
Executive Officer, General Electric Capital Services, Inc.
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
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
J.G. Rice Vice President - GE Transportation Systems
G.L. Rogers Senior Vice President - GE Plastics
K.S. Sherin Senior Vice President - Finance and Chief Financial Officer
L.G. Trotter Senior Vice President - GE Industrial Systems
</TABLE>
<PAGE>
CUSIP No. 008318107 13D Page 29 of 38 Pages
--------- ---- ----
CITIZENSHIP
(OTHER THAN UNITED STATES)
G.S. Malm Sweden
<TABLE>
<CAPTION>
The names, business addresses and principal occupations of the
Directors of General Electric Company are as follows:
- ---------------- ------------------------------------------- ------------------------------
PRESENT PRINCIPAL PRESENT
OFFICERS OCCUPATION BUSINESS ADDRESS
- ---------------- ------------------------------------------- ------------------------------
- ---------------- ------------------------------------------- ------------------------------
<S> <C> <C>
J.I. Cash, Jr. Professor of Business Harvard Business School
Administration-Graduate School of Baker Library 187
Business Administration, Harvard Soldiers Field
University Boston, MA 02163
- ---------------- ------------------------------------------- ------------------------------
- ---------------- ------------------------------------------- ------------------------------
S.S. Cathcart Retired Chairman, Illinois Tool Works 222 Wisconsin Avenue
Suite 103
Lake Forest, IL 60045
- ---------------- ------------------------------------------- ------------------------------
- ---------------- ------------------------------------------- ------------------------------
D.D. Dammerman Vice Chairman of the Board and General Electric Company
Executive Officer, General Electric 3135 Easton Turnpike
Company; Chairman and Chief Executive Fairfield, CT 06431
Officer, General Electric Capital
Services, Inc.
- ---------------- ------------------------------------------- ------------------------------
- ---------------- ------------------------------------------- ------------------------------
P. Fresco Chairman of the Board, Fiat SpA Fiat SpA
via Nizza 250
10126 Torino, Italy
- ---------------- ------------------------------------------- ------------------------------
- ---------------- ------------------------------------------- ------------------------------
C.X. Gonzalez Chairman of the Board and Chief Kimberly-Clark de Mexico
Executive Officer, Kimberly-Clark de S.A. de C.V.
Mexico, S.A. de C.V. Jose Luis Lagrange 103
Tercero Piso
Colonia Los Morales
Mexico, D.F. 11510, Mexico
- ---------------- ------------------------------------------- ------------------------------
- ---------------- ------------------------------------------- ------------------------------
Andea Jung President and Chief Operating Officer, Avon Products, Inc.
Avon Products, Inc. 1345 Avenue of the Americas
New York, NY 10105
- ---------------- ------------------------------------------- ------------------------------
- ---------------- ------------------------------------------- ------------------------------
G.G. Michelson Former Member of the Board of Federated Department Stores
Directors, Federated Department Stores 151 West 34th Street
New York, NY 10001
- ---------------- ------------------------------------------- ------------------------------
- ---------------- ------------------------------------------- ------------------------------
E.F. Murphy Vice Chairman of the Board and General Electric Company
Executive Officer, General Electric 3135 Easton Turnpike
Company Fairfield, CT 06431
- ---------------- ------------------------------------------- ------------------------------
</TABLE>
<PAGE>
CUSIP No. 008318107 13D Page 30 of 38 Pages
--------- ---- ----
<TABLE>
- ----------------- ------------------------------------------- ------------------------------------
<S> <C> <C>
S. Nunn Partner, King & Spalding King & Spalding
191 Peachtree Street, N.E.
Atlanta, Georgia 30303
- ----------------- ------------------------------------------- ------------------------------------
- ----------------- ------------------------------------------- ------------------------------------
J.D. Opie Vice Chairman of the Board and General Electric Company
Executive Officer, General Electric 3135 Easton Turnpike
Company Fairfield, CT 06431
- ----------------- ------------------------------------------- ------------------------------------
- ----------------- ------------------------------------------- ------------------------------------
R.S. Penske Chairman of the Board and President, Penske Corporation
Penske Corporation 13400 Outer Drive, West
Detroit, MI 48239-4001
- ----------------- ------------------------------------------- ------------------------------------
- ----------------- ------------------------------------------- ------------------------------------
F.H.T. Rhodes President Emeritus, Cornell University Cornell University
3104 Snee Building
Ithaca, NY 14853
- ----------------- ------------------------------------------- ------------------------------------
- ----------------- ------------------------------------------- ------------------------------------
A.C. Sigler Retired Chairman of the Board and CEO Champion International Corporation
and former Director, Champion 1 Champion Plaza
International Corporation Stamford, CT 06921
- ----------------- ------------------------------------------- ------------------------------------
- ----------------- ------------------------------------------- ------------------------------------
D.A. Warner III Chairman of the Board, President, and J.P. Morgan & Co., Inc.
Chief Executive Officer, J.P. Morgan & & Morgan Guaranty Trust Co.
Co. Incorporated and Morgan Guaranty 60 Wall Street
Trust Company New York, NY 10260
- ----------------- ------------------------------------------- ------------------------------------
- ----------------- ------------------------------------------- ------------------------------------
J.F. Welch, Jr. Chairman of the Board and Chief General Electric Company
Executive Officer, General Electric 3135 Easton Turnpike
Company Fairfield, CT 06431
- ----------------- ------------------------------------------- ------------------------------------
</TABLE>
CITIZENSHIP
(OTHER THAN UNITED STATES)
C.X. Gonzalez Mexico
P. Fresco Italy
Andrea Jung Canada
<PAGE>
CUSIP No. 008318107 13D Page 31 of 38 Pages
--------- ---- ----
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 Pensions Trust are as follows:
OFFICERS POSITION(S)
- -------- -----------
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
John J. Walker Executive Vice President - Chief Financial
Officer of GEIC and Executive Vice
President - Chief Financial Officer of
GEIM
Donald W. Torey Executive Vice President of GEIM and GEIC
<PAGE>
CUSIP No. 008318107 13D Page 32 of 38 Pages
--------- ---- ----
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:
OFFICERS POSITION(S)
- -------- -----------
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
John J. Walker Executive Vice President - Chief
Financial Officer
Donald W. Torey Executive Vice President
Peter J. Hathaway Senior Vice President - Equity Portfolios
Elaine G. Harris Senior Vice President - Equity Portfolios
Paul C. Reinhardt Senior Vice President - Equity Portfolios
Christopher W. Smith Senior Vice President - Equity Investments
David B. Carlson Senior Vice President - Equity Portfolios
Christopher D. Brown Senior Vice President - Equity Portfolios
Richard L. Sanderson Senior Vice President - Equity Research
Robert R. Kaelin Senior Vice President - Municipal Bonds
Philip A. Riordan Senior Vice President - Real Estate
Judith A. Studer Senior Vice President - International
Equity Portfolios
Brian Hopkinson Senior Vice President - International
Equity Portfolios
Michael J. Caulfield Senior Vice President - Municipal Bonds
James M. Mara Senior Vice President - International
Private Equities
Makoto F. Sumino Vice President - International Equity
Portfolios
Daniel J. Barker Vice President - International Equity
Portfolios
Michael J. Solecki Vice President - International Equity
Portfolios
Daizo Motoyoshi Vice President - International Equity
Portfolios
<PAGE>
CUSIP No. 008318107 13D Page 33 of 38 Pages
--------- ---- ----
OFFICERS POSITION(S)
- -------- -----------
Damian J. Maroun Vice President - Equity Trading
Gerald L. Igou Vice President - Equity Investments
Tara K. Holbrook Vice President - Equity Investments
Ralph E. Whitman Vice President - Equity Investments
Jane E. Hackney Vice President - Equity Investments
Mark A. Mitchell Vice President - Equity Investments
John H. Schaetzl Vice President - Domestic Equities
Anthony J. Sirabella Vice President - Information Technology
Jeffrey A. Groh Vice President - Operations
William R. Wright Vice President - Fixed Income
David J. Beck Vice President - Fixed Income
Robert W. Aufiero Vice President - Fixed Income
Kathleen S. Brooks Vice President - Fixed Income
William W. Healey Vice President - Fixed Income
T. Brent Jones Vice President - Fixed Income
Stella V. Lou Vice President - Municipal Bonds
Michael A. Sullivan Vice President - Municipal Bonds
Susan M. Courtney Vice President - Municipal Bonds
David W. Wiederecht Vice President - Private Equities
Wolfe H. Bragin Vice President - Private Equities
Andreas T. Hildebrand Vice President - Private Equities
Patrick J. McNeela Vice President - Private Equities
Anthony J. Mariani Vice President - Private Equities
B. Bradford Barrett Vice President - Real Estate
Robert P. Gigliotti Vice President - Real Estate
Preston R. Sargent Vice President - Real Estate
Jeanne M. LaPorta Vice President - Associate 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
<PAGE>
CUSIP No. 008318107 13D Page 34 of 38 Pages
--------- ---- ----
Matthew J. Simpson Vice President - Associate General Counsel
and Assistant Secretary
Marc R. Bryant Vice President - Associate General Counsel
and Assistant Secretary
Michael J. Strone Vice President - Associate General Counsel
and Assistant Secretary
Robert J. Zalucki Vice President - Tax Counsel
The names and principal occupations of the Directors of GEIC are as
follows:
OFFICERS POSITION(S)
- -------- -----------
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
John J. Walker Executive Vice President - Chief Financial
Officer 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
<PAGE>
CUSIP No. 008318107 13D Page 35 of 38 Pages
--------- ---- ----
EXHIBIT 7
Joint Filing Agreement
This will confirm the agreement by and among all the
undersigned that the Schedule 13D filed on or about this date and any
amendments thereto with respect to beneficial ownership by the undersigned of
shares of the Common Stock, $.01 par value, of Aftermarket Technology Corp.
is being filed on behalf of each of the undersigned in accordance with Rule
13d-1(k)(1) under the Securities Exchange Act of 1934. This agreement may be
executed in two or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the same
instrument.
Dated: September 20, 1999
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 September 20, 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 September 20, 1999
------------------------------------------------
Richard K. Roeder, Director
<PAGE>
CUSIP No. 008318107 13D Page 36 of 38 Pages
--------- ---- ----
AURORA CAPITAL PARTNERS L.P.
By: Aurora Advisors, Inc.,
its general partner
September 20, 1999
By: /s/ Richard K. Roeder
------------------------------------------------
Richard K. Roeder, Vice President
AURORA OVERSEAS CAPITAL
PARTNERS L.P.
By: Aurora Overseas Advisors, Ltd.,
its general partner
By: /s/ Richard K. Roeder September 20, 1999
------------------------------------------------
Richard K. Roeder, Director
AURORA ADVISORS, INC.
By: /s/ Richard K. Roeder September 20, 1999
------------------------------------------------
Richard K. Roeder, Vice President
<PAGE>
CUSIP No. 008318107 13D Page 37 of 38 Pages
--------- ---- ----
AURORA OVERSEAS ADVISORS, LTD.
By: /s/ Richard K. Roeder September 20, 1999
------------------------------------------------
Richard K. Roeder, Director
/s/ Richard R. Crowell September 20, 1999
------------------------------------------------
RICHARD R. CROWELL
/s/ Richard K. Roeder September 20, 1999
------------------------------------------------
RICHARD K. ROEDER
/s/ Gerald L. Parsky September 20, 1999
------------------------------------------------
GERALD L. PARSKY
<PAGE>
CUSIP No. 008318107 13D Page 38 of 38 Pages
--------- ---- ----
GENERAL ELECTRIC PENSION TRUST
By: General Electric Investment Corporation,
its Investment Manager
By: /s/ Michael M. Pastore September 20, 1999
--------------------------------------------------
Michael M. Pastore, Vice President
GENERAL ELECTRIC INVESTMENT CORPORATION
By: /s/ Michael M. Pastore September 20, 1999
--------------------------------------------------
Michael M. Pastore, Vice President
GENERAL ELECTRIC COMPANY
By: /s/ John H. Myers September 20, 1999
--------------------------------------------------
John H. Myers, Vice President
