<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
Under the Securities Exchange Act of 1934
(AMENDMENT NO.___)(1)
INTERLEAF, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, $.01 par value
- --------------------------------------------------------------------------------
(Title of class of securities)
458729-10-0
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(CUSIP Number)
December 15, 1998
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(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Continued on the following pages)
(Page 1 of 13 Pages)
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(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the 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> 2
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CUSIP No. 458729-10-1 SCHEDULE 13G Page 2 of 13 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT INTERNATIONAL CORPORATION
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
325,189
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 325,189
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
325,189
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.9%
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12. TYPE OF REPORTING PERSON*
CO, IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 13 Pages
<PAGE> 3
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CUSIP No. 458729-10-1 SCHEDULE 13G Page 3 of 13 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT INTERNATIONAL LIMITED PARTNERSHIP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
. NONE
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: NONE
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
NONE
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
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12. TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 13 Pages
<PAGE> 4
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CUSIP No. 458729-10-1 SCHEDULE 13G Page 4 of 13 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
INTERNATIONAL NETWORK FUND LIMITED PARTNERSHIP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
. 325,189
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 325,189
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
325,189
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.9%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 13 Pages
<PAGE> 5
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CUSIP No. 458729-10-1 SCHEDULE 13G Page 5 of 13 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADHILL LIMITED PARTNERSHIP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
. NONE
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: NONE
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
NONE
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 13 Pages
<PAGE> 6
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CUSIP No. 458729-10-1 SCHEDULE 13G Page 6 of 13 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENTACT LIMITED PARTNERSHIP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
. NONE
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: NONE
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
NONE
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 13 Pages
<PAGE> 7
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CUSIP No. 458729-10-1 SCHEDULE 13G Page 7 of 13 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT FUTURE LIMITED PARTNERSHIP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
. NONE
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: NONE
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
NONE
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 13 Pages
<PAGE> 8
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CUSIP No. 458729-10-1 SCHEDULE 13G Page 8 of 13 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT OMNIBUS LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
. NONE
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: NONE
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
NONE
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 13 Pages
<PAGE> 9
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CUSIP No. 458729-10-1 SCHEDULE 13G Page 9 of 13 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT INTERNATIONAL INVESTORS LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
MASSACHUSETTS
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5. SOLE VOTING POWER
. NONE
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: NONE
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
NONE
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 13 Pages
<PAGE> 10
CUSIP NO. 458729-10-0 Schedule 13G Page 10 of 13
ITEM 1.
This statement on Schedule 13G relates to the Reporting Persons' (as
defined in Item 2 below) beneficial ownership interest in the Common Stock,
$0.01 par value (the "Common Stock") of Interleaf, Inc., a Massachusetts
corporation (the "Corporation"), that may be acquired upon conversion of Senior
Series B Convertible Preferred Stock, par value $.10 per share ("Series B
Preferred Stock"), currently convertible into Common Stock on a one-for-one
basis subject to adjustments based upon a formula. The CUSIP number associated
with such Common Stock is 458729-10-0. The address of the principal executive
office of the Corporation is 62 Fourth Avenue, Waltham, MA 02451.
02141.
ITEM 2. Identity and Background
(a) (b) (c) This statement is being filed by the following entities:
(1) Advent International Corporation, a Delaware corporation;
(2) Adhill Limited Partnership, a Delaware limited partnership;
(3) Adventact Limited Partnership, a Delaware limited partnership;
(4) Advent Future Limited Partnership, a Delaware limited
partnership;
(5) Advent Omnibus Limited Partnership, a Delaware limited
partnership;
(6) Advent International Limited Partnership, a Delaware Limited
Partnership;
(7) International Network Fund Limited Partnership, a Delaware
limited partnership;
(8) Advent International Investors Limited Partnership, a
Massachusetts limited partnership;
The entities listed in subparagraph (1) through (8) above are herein
collectively referred to as the "Reporting Persons" and individually as a
"Reporting Person." The principal business address of all of the Reporting
Persons is c/o Advent International Corporation, 75 State Street, Boston, MA
02109.
(d) (e) This statement relates to the Common Stock, par value $0.01
per share, (the "Common Stock") of the Corporation named in Item 1 of this
statement. The CUSIP number associated with such Common Stock is 458729-10-0.
<PAGE> 11
CUSIP NO. 458729-10-0 Schedule 13G Page 11 of 13
ITEM 3. FILING PURSUANT TO RULE 13G-1(b), OR 13G-2(b).
This statement is not being filed pursuant to Rule 13G-1(b), or
13G-2(b).
ITEM 4. OWNERSHIP.
(a) (b) The following table sets forth the aggregate number and
percentage (based upon the number of shares of Common Stock outstanding as of
December 31, 1998) of the Common Stock beneficially owned by each Reporting
Person named in Item 2 of this statement. The aggregate number and percentage of
the Common Stock beneficially owned by each Reporting Person is calculated in
accordance with Rule 13G-3(d)(1).
<TABLE>
<CAPTION>
Number of Shares
------------------------------------- Percentage
CSE of Shares
Reporting Person Common Preferred Total Outstanding
- --------------------------------------- ---------------------------------------------------------
<S> <C> <C> <C> <C>
Adhill L.P. (1) 0 0 0 0.0%
Adventact L.P. (1) 0 0 0 0.0%
Advent Future L.P. (1) 0 0 0 0.0%
Advent Omnibus L.P. (1) 0 0 0 0.0%
--- ------- ------- ---
Advent International L.P. (1) 0 0 0 0.0%
Advent International Investors L.P. (2) 0 0 0 0.0%
International Network Fund L.P. (2) 0 325,189 325,189 3.9%
--- ------- ------- ---
Advent International Corporation 0 325,189 325,189 3.9%
=== ======= ======= ===
Total Ownership of Group 0 325,189 325,189 3.9%
=== ======= ======= ===
</TABLE>
(1) Advent International Corporation ("AIC") is the General Partner of
Advent International Limited Partnership ("AILP") which in turn is the General
Partner of the indicated Reporting Persons. As such, AIC has the sole power to
vote and dispose of the securities owned by the indicated Reporting Persons. The
beneficial ownership of AIC and AILP derive from such power.
<PAGE> 12
CUSIP NO. 458729-10-0 Schedule 13G Page 12 of 13
(2) AIC is the General Partner of the indicated Reporting Persons.
As such, AIC has the sole power to vote and dispose of the securities owned by
the indicated Reporting Persons. The beneficial ownership of AIC derives from
such power.
(c) Each of the Reporting Persons listed in the table set forth
above has sole voting and dispositive power over the Common Stock beneficially
owned by it as indicated above.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
This statement is being filed to report the fact that each Reporting
Person and the Reporting Persons as a group have ceased to be the beneficial
owners of more than five percent of the class securities.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
The information for this item is contained on the individual cover
pages to this filing, and is incorporated herein by reference.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
ITEM 10. CERTIFICATION.
By signing below we certify that, to the best of our knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
<PAGE> 13
CUSIP NO. 458729-10-0 Schedule 13G Page 13 of 13
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
February 9, 1999
Advent International Corporation
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
Advent International Limited Partnership
By: Advent International Corp., General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
International Network Fund Limited Partnership
By: Advent International Corp., General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
Adhill Limited Partnership
By: Advent International L.P., General Partner
By: Advent International Corp., General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
Adventact Limited Partnership
By: Advent International L.P., General Partner
By: Advent International Corp., General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
Advent Future Limited Partnership
By: Advent International L.P., General Partner
By: Advent International Corp., General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
Advent International Investors Limited Partnership
By: Advent International Corp., General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
