SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 2
to
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Enterprise Software, Inc.
-------------------------
(formerly IndeNet, Inc.)
------------------------
(Name of Issuer)
Common Stock, $.001 par value
-----------------------------
(Title of Class of Securities)
45337P10
--------------
(CUSIP Number)
Thomas E. Constance, Esq.
Kramer, Levin, Naftalis & Frankel
919 Third Avenue
New York, New York 10022
(212) 715-9100
-------------------------------------
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
February 3, 1999 (See Item 4)
----------------------------------
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check
the following box: |_|
Page 1 of 15 Pages
<PAGE>
SCHEDULE 13D
CUSIP No. 45337P10
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
InterEquity Capital Partners, L.P.
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC, OO (See Item 3)
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER 101,863 (See Item 5)
------------------------------------------------------
OF 8) SHARED VOTING POWER
SHARES Not Applicable (See Item 5)
------------------------------------------------------
BENEFICIALLY 9) SOLE DISPOSITIVE POWER
OWNED BY 101,863 (See Item 5)
------------------------------------------------------
EACH 10) SHARED DISPOSITIVE POWER
REPORTING Not Applicable (See Item 5)
------------------------------------------------------
PERSON
WITH
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
101,863
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.3%
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
Page 2 of 15
<PAGE>
SCHEDULE 13D
CUSIP No. 45337P10
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Irwin Schlass
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER 5,750
------------------------------------------------------
OF 8) SHARED VOTING POWER
SHARES 11,250
------------------------------------------------------
BENEFICIALLY 9) SOLE DISPOSITIVE POWER
OWNED BY 5,750
------------------------------------------------------
EACH 10) SHARED DISPOSITIVE POWER
REPORTING 11,250
------------------------------------------------------
PERSON
WITH
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,000
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Item 5) |_|
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.4%
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
Page 3 of 15
<PAGE>
SCHEDULE 13D
CUSIP No. 45337P10
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Natalie Schlass
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER None
------------------------------------------------------
OF 8) SHARED VOTING POWER
SHARES 11,250
------------------------------------------------------
BENEFICIALLY 9) SOLE DISPOSITIVE POWER
OWNED BY None
------------------------------------------------------
EACH 10) SHARED DISPOSITIVE POWER
REPORTING 11,250
------------------------------------------------------
PERSON
WITH
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,250
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.2%
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
Page 4 of 15
<PAGE>
SCHEDULE 13D
CUSIP No. 45337P10
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jack Schleifer
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER 68,875
------------------------------------------------------
OF 8) SHARED VOTING POWER
SHARES Not Applicable
------------------------------------------------------
BENEFICIALLY 9) SOLE DISPOSITIVE POWER
OWNED BY 68,875
------------------------------------------------------
EACH 10) SHARED DISPOSITIVE POWER
REPORTING Not Applicable
------------------------------------------------------
PERSON
WITH
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
68,875
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.5%
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
Page 5 of 15
<PAGE>
SCHEDULE 13D
CUSIP No. 45337P10
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Stephen Raphael
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER 42,125
------------------------------------------------------
OF 8) SHARED VOTING POWER
SHARES Not Applicable
------------------------------------------------------
BENEFICIALLY 9) SOLE DISPOSITIVE POWER
OWNED BY 42,125
------------------------------------------------------
EACH 10) SHARED DISPOSITIVE POWER
REPORTING Not Applicable
------------------------------------------------------
PERSON
WITH
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
42,125
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Item 5) |_|
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.9%
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
Page 6 of 15
<PAGE>
SCHEDULE 13D
CUSIP No. 45337P10
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marjorie Raphael
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER 500
------------------------------------------------------
OF 8) SHARED VOTING POWER
SHARES Not Applicable
------------------------------------------------------
BENEFICIALLY 9) SOLE DISPOSITIVE POWER
OWNED BY 500
------------------------------------------------------
EACH 10) SHARED DISPOSITIVE POWER
REPORTING Not Applicable
------------------------------------------------------
PERSON
WITH
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than .1%
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
Page 7 of 15
<PAGE>
SCHEDULE 13D
CUSIP No. 45337P10
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lucille Raphael
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER 49,250
------------------------------------------------------
OF 8) SHARED VOTING POWER
SHARES Not Applicable
------------------------------------------------------
BENEFICIALLY 9) SOLE DISPOSITIVE POWER
OWNED BY 49,250
------------------------------------------------------
EACH 10) SHARED DISPOSITIVE POWER
REPORTING Not Applicable
------------------------------------------------------
PERSON
WITH
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
49,250
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.1%
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
Page 8 of 15
<PAGE>
SCHEDULE 13D
CUSIP No. 45337P10
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jacqueline Raphael
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER 500
------------------------------------------------------
OF 8) SHARED VOTING POWER
SHARES Not Applicable
------------------------------------------------------
BENEFICIALLY 9) SOLE DISPOSITIVE POWER
OWNED BY 500
------------------------------------------------------
EACH 10) SHARED DISPOSITIVE POWER
REPORTING Not Applicable
------------------------------------------------------
PERSON
WITH
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than .1%
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
Page 9 of 15
<PAGE>
SCHEDULE 13D
CUSIP No. 45337P10
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joanne Alonso
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER 4,500
------------------------------------------------------
OF 8) SHARED VOTING POWER
SHARES Not Applicable
------------------------------------------------------
BENEFICIALLY 9) SOLE DISPOSITIVE POWER
OWNED BY 4,500
------------------------------------------------------
EACH 10) SHARED DISPOSITIVE POWER
REPORTING Not Applicable
------------------------------------------------------
PERSON
WITH
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,500
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than .1%
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
Page 10 of 15
<PAGE>
Schedule 13D
- ------------
Item 1. Security and Issuer.
-------------------
This Statement amends the Schedule 13D dated June 19, 1998, as amended
by Amendment No. 1 to Schedule 13D dated August 24, 1998 (the "Statement") filed
by InterEquity Capital Partners, L.P. and the other Filing Persons named therein
relating to the Common Stock, $.001 par value (the "Common Stock"), of
Enterprise Software, Inc. (formerly IndeNet, Inc.), a Delaware corporation (the
"Company"). The share numbers on the cover pages of this amendment have been
adjusted for a one for four reverse split of the Common Stock effective July 14,
1998. Notwithstanding this Amendment No. 2, the Statement speaks as of its date.
Capitalized terms used herein without definition have the meanings assigned to
them in the Statement.
Item 2 of the Statement, "Identity and Background," is amended as follows:
1) The third paragraph thereof is amended and restated in its entirety
as follows:
The general partner of InterEquity Partners is InterEquity
Capital Corporation, a New York corporation ("InterEquity Corporation"),
whose business address is 220 Fifth Avenue, New York, New York 10001,
and who, by virtue of its position as general partner of InterEquity
Partners, may be deemed a controlling person thereof. InterEquity
Corporation is principally engaged in the business of acting as general
partner of InterEquity Partners. Irwin Schlass is the Chairman of the
Board, Chief Executive Officer and a Director of InterEquity
Corporation. Stephen Raphael is a Director of InterEquity Corporation.
The additional executive officers of InterEquity Corporation are Abraham
Goldstein, Kenneth M. Harlan and Barbara J. Hayes. The additional
directors of InterEquity Corporation are Monte Engler, Abraham
Goldstein, John Radziwill, George Sarner, Myron Weinblatt and Eugene
Wong. The advisory director of InterEquity Corporation is Ken Leon.
2) Schedule I is amended and restated in its entirety as follows:
SCHEDULE I
ITEM 2 BACKGROUND INFORMATION
1) Irwin Schlass
Chairman of the Board, CEO
InterEquity Capital Corporation
220 Fifth Avenue
New York, New York 10001
Page 11 of 15
<PAGE>
2) Natalie Schlass
President
Nat Schlass Realty Corp.
30 Lincoln Plaza
New York, New York 10023
3) Jack Schleifer
President
Jack Schleifer Realty
60 East 42nd Street
New York, New York 10165
4) Stephen Raphael
Senior Managing Director
Bear Stearns & Co., Inc.
245 Park Avenue
New York, New York 10167
5) Marjorie Raphael
Homemaker
c/o Stephen E. Raphael
289 Piping Rock Road
Old Brookville, New York 11545
6) Lucille Raphael
Retired
c/o Stephen E. Raphael
289 Piping Rock Road
Old Brookville, New York 11545
7) Jacqueline Raphael
Television Producer
c/o Stephen E. Raphael
289 Piping Rock Road
Old Brookville, New York 11545
8) Joanne Alonso
Insurance Broker
c/o Stephen E. Raphael
289 Piping Rock Road
Old Brookville, New York 11545
9) Monte Engler
Partner
Phillips, Nizer, Benjamin, Krim & Ballon LLP
666 Fifth Avenue
New York, New York 10103
10) Abraham Goldstein
President
InterEquity Capital Corporation
220 Fifth Avenue
New York, New York 10001
Page 12 of 15
<PAGE>
11) John Radziwill
Private Investor
230 Park Avenue
New York, New York 10169
12) George Sarner
Senior Managing Director
Bear Stearns & Co., Inc.
245 Park Avenue
New York, New York 10167
13) Myron Weinblatt
Retired
320 Central Park West
New York, New York 10025
14) Eugene Wong
AmerAsia Partners
89 Headquarters Plaza
North Tower, 14th Floor
Morristown, New Jersey 07960
15) Kenneth M. Harlan
Vice President-Finance, Secretary, Treasurer
InterEquity Capital Corporation
220 Fifth Avenue
New York, New York 10001
16) Barbara J. Hayes
Assistant Secretary
InterEquity Capital Corporation
220 Fifth Avenue
New York, New York 10001
17) Ken Leon
Senior Vice President
Lehman Brothers
American Express Tower, 14th Floor
3 World Financial Center
New York, New York 10285
Item 4 of the Statement, "Purpose of the Transaction," is amended to add the
following new paragraph after the last paragraph thereof:
On February 3, 1999, Irwin Schlass joined the Board of Directors of the
Company.
Page 13 of 15
<PAGE>
SIGNATURES
- ----------
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certify that the information set forth in this
Statement is true, complete and correct.
Dated: February 3, 1999
InterEquity Capital Partners, L.P.
By: InterEquity Capital
Corporation, general partner
/s/ Irwin Schlass
---------------------------------
By: Irwin Schlass
Title: Chief Executive Officer
/s/ Irwin Schlass
---------------------------------
Irwin Schlass
Natalie Schlass
/s/ Irwin Schlass
---------------------------------
By: Irwin Schlass
Her: Attorney in Fact
Jack Schleifer
/s/ Irwin Schlass
---------------------------------
By: Irwin Schlass
His: Attorney in Fact
/s/ Stephen Raphael
---------------------------------
Stephen Raphael
Marjorie Raphael
/s/ Stephen Raphael
---------------------------------
By: Stephen Raphael
Her: Attorney in Fact
Page 14 of 15
<PAGE>
Lucille Raphael
/s/ Stephen Raphael
---------------------------------
By: Stephen Raphael
Her: Attorney in Fact
Jacqueline Raphael
/s/ Stephen Raphael
---------------------------------
By: Stephen Raphael
Her: Attorney in Fact
Joanne Alonso
/s/ Stephen Raphael
---------------------------------
By: Stephen Raphael
Her: Attorney in Fact
Page 15 of 15
