UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___________)(1)
Stage Stores, Inc.
--------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
-----------------------------------------
(Title of Class of Securities)
00085254C1
----------------
(CUSIP Number)
(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 in 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 1 of 26 Pages
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 2 of 26 Pages
- -------------------- ------------------
================================================================================
1 NAME OF REPORTING PERSON
BAIN VENTURE CAPITAL, A CALIFORNIA LIMITED PARTNERSHIP
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-2989461
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
3,507,042 (See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
3,507,042 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,507,042 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.99%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 3 of 26 Pages
- -------------------- ------------------
================================================================================
1 NAME OF REPORTING PERSON
TYLER CAPITAL FUND, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-2989463
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
2,772,741 (See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
2,772,741 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,772,741 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.7%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 4 of 26 Pages
- -------------------- ------------------
================================================================================
1 NAME OF REPORTING PERSON
TYLER MASSACHUSETTS, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-2989462
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
(See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
568,116 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
568,116 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.6%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 5 of 26 Pages
- -------------------- ------------------
================================================================================
1 NAME OF REPORTING PERSON
TYLER INTERNATIONAL, L.P. - II
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 98-0086454
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
166,185 (See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
166,185 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
166,185 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.76%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 6 of 26 Pages
- -------------------- ------------------
================================================================================
1 NAME OF REPORTING PERSON
W. MITT ROMNEY
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
3,517,829 (See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
3,517,829 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,517,829 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 7 of 26 Pages
- -------------------- ------------------
================================================================================
1 NAME OF REPORTING PERSON
JOSHUA BEKENSTEIN
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
3,517,829 (See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
3,517,829 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,517,829 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 8 of 26 Pages
- -------------------- ------------------
================================================================================
1 NAME OF REPORTING PERSON
ROBERT C. GAY
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
3,507,042 (See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
3,507,042 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,507,042 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.99%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 9 of 26 Pages
- -------------------- ------------------
================================================================================
1 NAME OF REPORTING PERSON
GEOFFREY S. REHNERT
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
3,507,042 (See Item 4)
OWNED BY --------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
3,507,042 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,507,042 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.99%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 10 of 26 Pages
- -------------------- -------------------
================================================================================
1 NAME OF REPORTING PERSON
ROBERT F. WHITE
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES ---------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
3,507,042 (See Item 4)
OWNED BY ---------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING ---------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
3,507,042 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,507,042 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.99%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 11 of 26 Pages
- -------------------- -------------------
================================================================================
1 NAME OF REPORTING PERSON
PAUL B. EDGERLEY
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
3,507,042 (See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
3,507,042 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,507,042 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.99%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 12 of 26 Pages
- -------------------- -------------------
================================================================================
1 NAME OF REPORTING PERSON
ADAM W. KIRSCH
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
3,507,042 (See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
3,507,042 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,507,042 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.99%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 13 of 26 Pages
- -------------------- -------------------
================================================================================
1 NAME OF REPORTING PERSON
BCIP ASSOCIATES
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-3109427
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
10,587 (See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
10,587 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,587 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.048%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 00085254C1 SC 13 G Page 14 of 26 Pages
- -------------------------------- -------------------
================================================================================
1 NAME OF REPORTING PERSON
BCIP TRUST ASSOCIATES, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-3109428
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
None
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
200 (See Item 4)
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
None
REPORTING --------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
200 (See Item 4)
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
200 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.0009%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13 G
Item 1(a). Name of Issuer:
Stage Stores, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
10201 Main Street
Houston, Texas 77025
Item 2(a). Name of Person Filing:
This Schedule SC 13 G is being jointly filed by each of the
following persons pursuant to Rule 13d-(1)(f) promulgated by the
Securities and Exchange Commission pursuant to Section 13 of the
Securities Exchange Act of 1934, as amended (the "Act"): (i) Tyler
Capital Fund, L.P. ("TCF"), a Delaware limited partnership, by
virtue of its direct beneficial ownership of 2,772,741 shares of
common stock, par value $.01 per share (the "Common Stock"), of
Stage Stores, Inc. (the "Company"); (ii) Tyler Massachusetts, L.P.
("TM"), a Delaware limited partnership, by virtue of its direct
beneficial ownership of 568,116 shares of Common Stock; (iii) Tyler
International, L.P. - II ("TI"), a Delaware limited partnership, by
virtue of its direct beneficial ownership of 166,185 shares of
Common Stock; (iv) Bain Venture Capital, a California Limited
Partnership ("BVC"), as the sole General Partner of TCF, TM and TI;
(v) Robert C. Gay ("Mr. Gay"), an individual, as a General Partner
of BVC; (vi) Joshua Bekenstein ("Mr. Bekenstein"), an individual, as
a General Partner of BVC and as a member of the Management Committee
of BCIP and BCIPT (both as defined herein); (vii) W. Mitt Romney
("Mr. Romney"), an individual, as a General Partner of BVC and as a
member of the Management Committee of BCIP and BCIPT; (viii) Robert
F. White ("Mr. White"), an individual, as a General Partner of BVC;
(ix) Geoffrey S. Rehnert ("Mr. Rehnert"), an individual, as a
General Partner of BVC; (x) Paul B. Edgerley ("Mr. Edgerley"), an
individual, as a General Partner of BVC; (xi) Adam W. Kirsch ("Mr.
Kirsch"), an individual, as a General Partner of BVC; (xii) BCIP
Associates ("BCIP"), a Delaware general partnership, by virtue of
its direct beneficial ownership of 10,587 shares of Common Stock;
and (xiii) BCIP Trust Associates, L.P. ("BCIPT"), a Delaware limited
partnership, by virtue of its direct beneficial ownership of 200
shares of Common Stock. TCF, TM, TI, BCIP and BCIPT are hereinafter
collectively
Page 15 of 26 Pages
<PAGE>
referred to as the "Funds," and together with BVC, Mr. Gay, Mr.
Bekenstein, Mr. Romney, Mr. White, Mr. Rehnert, Mr. Edgerley and Mr.
Kirsch are hereinafter collectively referred to as the "Reporting
Persons." The Reporting Persons have entered into a Joint Filing
Agreement, dated March 18, 1997, a copy of which is filed with this
Schedule SC 13 G as Exhibit A, pursuant to which the Reporting
Persons have agreed to file this statement jointly in accordance
with the provisions of Rule 13d-1(f)(1) under the Act.
The Reporting Persons may be deemed to constitute a "group"
for purposes of Section 13(d)(3) of the Act as a result of such
Reporting Persons being persons associated with Bain Capital, Inc.,
a Delaware corporation ("Bain Capital"), which is a management
company. The Reporting Persons expressly disclaim that they have
agreed to act as a group other than as described in this Schedule
13G.
Item 2(b). Address of Principal Business Office or, if none, Residence:
The address of the principal business office of each of the
Reporting Persons is c/o Bain Capital, Inc., Two Copley Place,
Boston, MA 02116.
Item 2(c). Citizenship:
TCF, TM, TI, BCIP and BCIPT are partnerships organized under
the laws of the State of Delaware; BVC is a partnership organized
under the laws of the State of California; and Mr. Gay, Mr. Romney,
Mr. Bekenstein, Mr. White, Mr. Rehnert, Mr. Edgerley and Mr. Kirsch
are citizens of the United States.
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share.
Item 2(e). CUSIP No.:
00085254C1
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b), check whether the person filing is a:
Not Applicable.
Item 4. Ownership:
Page 16 of 26 Pages
<PAGE>
(a)-(c). Each Reporting Person named in response to Item 2 hereof
has, as of December 31, 1996, shared power to vote or to direct the
vote and shared power to dispose or to direct the disposition of the
Common Stock as follows:
Bain Venture Capital, a California Limited Partnership. BVC,
as the sole General Partner of TCF, TM and TI, may be deemed to have
the shared power to vote and dispose of 3,507,042 shares of Common
Stock held by TCF, TM and TI, which constitutes approximately 15.99%
of the outstanding Common Stock. The filing of this Schedule SC 13
Gby BVC shall not be considered an admission that BVC is, for the
purpose of Section 13(g) of the Exchange Act, the beneficial owner
of such shares held by TCF, TM and TI.
Tyler Capital Fund, L.P. TCF has the shared power to vote and
to dispose of 2,772,741 shares of Common Stock currently held by
TCF, constituting approximately 12.7% of the outstanding Common
Stock.
Tyler Massachusetts, L.P. TM has the shared power to vote and
to dispose of 568,116 shares of Common Stock currently held by TM,
constituting approximately 2.6% of the outstanding Common Stock.
Tyler International, L.P. - II. TI has the shared power to
vote and to dispose of 166,185 shares of Common Stock currently held
by TI, constituting approximately 0.76% of the outstanding Common
Stock.
Robert C. Gay. Mr. Gay, as a General Partner of BVC, may be
deemed to have the shared power to vote and dispose of the 3,507,042
shares of Common Stock currently held by BVC, which constitutes
approximately 15.99% of the outstanding Common Stock. The filing of
this Schedule SC 13 G by Mr. Gay shall not be considered an
admission that Mr. Gay is, for the purpose of Section 13(g) of the
Exchange Act, the beneficial owner of such shares held by BVC.
Joshua Bekenstein. Mr. Bekenstein, as a General Partner of
BVC, may be deemed to have the shared power to vote and dispose of
the 3,507,042 shares of Common Stock currently held by BVC. In
addition, Mr. Bekenstein serves as a member of the Management
Committee of BCIP and BCIPT and, in such capacity, may be deemed to
have the shared power to vote and dispose of the 10,787 shares of
Common Stock currently held by BCIP and BCIPT. In total, these
shares of Common Stock held by BVC, BCIP and BCIPT constitute
approximately 16% of the outstanding Common Stock. The filing of
this Schedule SC 13 G by Mr. Bekenstein shall not be considered an
admission that Mr. Bekenstein is, for the purpose of Section
Page 17 of 26 Pages
<PAGE>
13(g) of the Exchange Act, the beneficial owner of such shares held
by BVC, BCIP or BCIPT.
W. Mitt Romney. Mr. Romney, as a General Partner of BVC, may
be deemed to have the shared power to vote and dispose of the
3,507,042 shares of Common Stock currently held by BVC. In addition,
Mr. Romney serves as a member of the Management Committee of BCIP
and BCIPT and, in such capacity, may be deemed to have the shared
power to vote and dispose of the 10,787 shares of Common Stock
currently held by BCIP and BCIPT. In total, these shares of Common
Stock held by BVC, BCIP and BCIPT constitute approximately 16% of
the outstanding Common Stock. The filing of this Schedule SC 13 G by
Mr. Romney shall not be considered an admission that Mr. Romney is,
for the purpose of Section 13(g) of the Exchange Act, the beneficial
owner of such shares held by BVC, BCIP or BCIPT.
Robert F. White. Mr. White, as a General Partner of BVC, may
be deemed to have the shared power to vote and dispose of the
3,507,042 shares of Common Stock currently held by BVC, which
constitutes approximately 15.99% of the outstanding Common Stock.
The filing of this Schedule SC 13 G by Mr. White shall not be
considered an admission that Mr. White is, for the purpose of
Section 13(g) of the Exchange Act, the beneficial owner of such
shares held by BVC.
Geoffrey S. Rehnert. Mr. Rehnert, as a General Partner of BVC,
may be deemed to have the shared power to vote and dispose of the
3,507,042 shares of Common Stock currently held by BVC, which
constitutes approximately 15.99% of the outstanding Common Stock.
The filing of this Schedule SC 13 G by Mr. Rehnert shall not be
considered an admission that Mr. Rehnert is, for the purpose of
Section 13(g) of the Exchange Act, the beneficial owner of such
shares held by BVC.
Paul B. Edgerley. Mr. Edgerley, as a General Partner of BVC,
may be deemed to have the shared power to vote and dispose of the
3,507,042 shares of Common Stock currently held by BVC, which
constitutes approximately 15.99% of the outstanding Common Stock.
The filing of this Schedule SC 13 G by Mr. Edgerley shall not be
considered an admission that Mr. Edgerley is, for the purpose of
Section 13(g) of the Exchange Act, the beneficial owner of such
shares held by BVC.
Adam W. Kirsch. Mr. Kirsch, as a General Partner of BVC, may
be deemed to have the shared power to vote and dispose of the
3,507,042 shares of Common Stock currently held by BVC, which
constitutes
Page 18 of 26 Pages
<PAGE>
approximately 15.99% of the outstanding Common Stock. The filing of
this Schedule SC 13 G by Mr. Kirsch shall not be considered an
admission that Mr. Kirsch is, for the purpose of Section 13(g) of
the Exchange Act, the beneficial owner of such shares held by BVC.
BCIP Associates. BCIP has the shared power to vote and to
dispose of 10,587 shares of Common Stock currently held by BCIP,
which constitutes approximately .048% of the outstanding Common
Stock.
BCIP Trust Associates, L.P. BCIPT has the shared power to vote
and to dispose of 200 shares of Common Stock currently held by
BCIPT, which constitutes approximately .0009% of the outstanding
Common Stock.
Pursuant to Rule 13d-5(b)(1) under the Exchange Act, the
Reporting Persons may be deemed as a group to have acquired
beneficial ownership of 3,517,829 shares of Common Stock, the
aggregate number of shares of Common Stock held by the Reporting
Persons, representing approximately 16% of the outstanding Common
Stock as of December 31, 1996. Except as otherwise specifically
noted, all of the percentages calculated in this Schedule SC 13 G
are based upon an aggregate of 21,927,266 shares of Common Stock
outstanding as of December 9, 1996, as disclosed in the Company's
Quarterly Report on Form 10-Q for the quarterly period ended
November 2, 1996. Each Reporting Person expressly disclaims
beneficial ownership of any shares of Common Stock beneficially
owned by each other Reporting Person.
Item 5. Ownership of Five Percent or Less of a Class:
Not Applicable.
Item 6. Ownership of More Than Five Percent on Behalf of Another Person:
See Response to Item 4.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
Not Applicable.
Item 8. Identification and Classification of Members of the Group:
Not Applicable.
Page 19 of 26 Pages
<PAGE>
Item 9. Notice of Dissolution of Group:
Not Applicable.
Item 10. Certification:
Not Applicable.
Page 20 of 26 Pages
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and
belief, the undersigned certify that the information set forth in this statement
is true, complete and correct.
Date: February 14, 1997
TYLER CAPITAL FUND, L.P.
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
-----------------------------
A General Partner
TYLER MASSACHUSETTS, L.P.
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
-----------------------------
A General Partner
TYLER INTERNATIONAL, L.P. - II
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
-----------------------------
A General Partner
Page 21 of 26 Pages
<PAGE>
BCIP ASSOCIATES
By: /s/ W. Mitt Romney
-----------------------------
A General Partner
BCIP TRUST ASSOCIATES, L.P.
By: /s/ W. Mitt Romney
-----------------------------
A General Partner
BAIN VENTURE CAPITAL, A
CALIFORNIA LIMITED PARTNERSHIP
By: /s/ W. Mitt Romney
-----------------------------
A General Partner
/s/ W. Mitt Romney
---------------------------------
W. MITT ROMNEY
/s/ Geoffrey S. Rehnert
----------------------------------
GEOFFREY S. REHNERT
/s/ Paul B. Edgerley
----------------------------------
PAUL B. EDGERLEY
Page 22 of 26 Pages
<PAGE>
/s/ Robert C. Gay
-----------------------------------
ROBERT C. GAY
/s/ Adam W. Kirsch
-----------------------------------
ADAM W. KIRSCH
/s/ Robert F. White
-----------------------------------
ROBERT F. WHITE
/s/ Joshua Bekenstein
-----------------------------------
JOSHUA BEKENSTEIN
Page 23 of 26 Pages
<PAGE>
Exhibit A
AGREEMENT REGARDING THE JOINT FILING OF
SCHEDULE 13G
---------------------
The undersigned hereby agree as follows:
(i) Each of them is individually eligible to use the Schedule
SC 13 G to which this Exhibit is attached, and such Schedule SC 13 G is filed on
behalf of each of them; and
(ii) Each of them is responsible for the timely filing of such
Schedule SC 13 G and any amendments thereto, and for the completeness and
accuracy of the information concerning such person contained therein; but none
of them is responsible for the completeness or accuracy of the information
concerning the other persons making the filing, unless such person knows or has
reason to believe that such information is inaccurate.
Date: February 14, 1997
TYLER CAPITAL FUND, L.P.
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
--------------------------
A General Partner
TYLER MASSACHUSETTS, L.P.
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
--------------------------
A General Partner
Page 24 of 26 Pages
<PAGE>
TYLER INTERNATIONAL, L.P. - II
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
--------------------------
A General Partner
BCIP ASSOCIATES
By: /s/ W. Mitt Romney
--------------------------
A General Partner
BCIP TRUST ASSOCIATES, L.P.
By: /s/ W. Mitt Romney
--------------------------
A General Partner
BAIN VENTURE CAPITAL, A
CALIFORNIA LIMITED PARTNERSHIP
By: /s/ W. Mitt Romney
--------------------------
A General Partner
/s/ W. Mitt Romney
--------------------------
W. MITT ROMNEY
Page 25 of 26 Pages
<PAGE>
/s/ Geoffrey S. Rehnert
--------------------------
GEOFFREY S. REHNERT
/s/ Paul B. Edgerley
--------------------------
PAUL B. EDGERLEY
/s/ Robert C. Gay
--------------------------
ROBERT C. GAY
/s/ Adam W. Kirsch
--------------------------
ADAM W. KIRSCH
/s/ Robert F. White
--------------------------
ROBERT F. WHITE
/s/ Joshua Bekenstein
--------------------------
JOSHUA BEKENSTEIN
Page 26 of 26 Pages
