<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )/1/
Stericycle, Inc.
----------------
(Name of Issuer)
Common Stock, $0.01 Par Value Per Share
---------------------------------------
(Title of Class of Securities)
858912108
-----------
(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 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 1 of 12 Pages
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 858912108 13G PAGE 2 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: Marquette Venture Partners, L.P.
1
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-3504827
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,154,731
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,154,731
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,154,731
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
15.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 858912108 13G PAGE 3 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: Marquette Venture Associates, L.P.
1
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-3504831
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,154,731
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,154,731
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,154,731
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
15.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 858912108 13G PAGE 4 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: Marquette Management Partners
1
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-3504830
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Illinois
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,154,731
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,154,731
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,154,731
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
15.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 858912108 13G PAGE 5 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: James E. Daverman
1
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States of America
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,154,731
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,154,731
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,154,731
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
15.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 858912108 13G PAGE 6 OF 12 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: Lloyd D. Ruth
1
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States of America
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
1,024
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,154,731
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 1,024
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,154,731
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,155,755
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
15.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a) Name of Issuer:
Stericycle, Inc. ("Stericycle")
Item 1(b) Address of Issuer's Principal Executive Offices:
1419 Lake Cook Road
Suite 410
Deerfield, IL 60015
Item 2(a) Name of Person Filing:
This Schedule 13G 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) Marquette
Venture Partners, L.P. ("MVP"), a Delaware limited partnership,
by virtue of its direct beneficial ownership of 1,154,731 shares
of common stock, par value $0.01 per share (the "Common Stock"),
of Stericycle; (ii) Marquette Venture Associates, L.P. ("MVA"), a
Delaware limited partnership, as the sole general partner of MVP;
(iii) Marquette Management Partners ("MMP"), a Delaware general
partnership, as the sole general partner of MVA; (iv) James E.
Daverman ("Mr. Daverman"), an individual, as a general partner of
MMP; and (v) Lloyd D. Ruth ("Mr. Ruth"), an individual, as a
general partner of MMP and by virtue of the vesting (as of within
60 days of December 31, 1996) of options to purchase 1,024 shares
of Common Stock. MVP, MVA, MMP, Mr. Daverman and Mr. Ruth are
hereinafter collectively referred to as the "Reporting Persons."
The Reporting Persons have entered into a Joint Filing Agreement,
dated February 13, 1997, a copy of which is filed with this
Schedule 13G 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.
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:
Corporate 500 Centre
520 Lake Cook Road, Suite 450
Deerfield, Illinois 60015
Page 7 of 12 Pages
<PAGE>
Item 2(c) Citizenship:
MVP and MVA are limited partnerships organized under the laws of
Delaware. MMP is a general partnership organized under the laws
of Illinois. Mr. Daverman and Mr. Ruth are United States
citizens.
Item 2(d) Title of Class of Securities:
Common Stock, $0.01 par value per share.
Item 2(e) CUSIP Number:
858912108
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b)
or 13d-2(b), check whether the persons filing is a:
The persons filing are not described in any category listed under
this item.
Item 4. Ownership.
MVA is the sole general partner of MVP; MMP is the sole general
partner of MVA; and Mr. Daverman and Mr. Ruth are the general
partners of MMP. As a result of such relationships, MVA, MMP and
both Messrs. Daverman and Ruth may be deemed to share voting and
dispositive power with respect to the shares held by MVP, and
each of the Reporting Persons may be deemed beneficially to own
the following number of shares:
(a) Amount Beneficially (b) Percent of Class:
Owned:
<TABLE>
<CAPTION>
<S> <C> <C>
MVP 1,154,731 15.6%
MVA 1,154,731 15.6%
MMP 1,154,731 15.6%
Daverman 1,154,731 15.6%
Ruth 1,155,755 15.6%
</TABLE>
(c) Number of shares as to which such person has:
(i) Sole power to vote or (ii) Shared power to
direct the vote: vote or to direct
the vote:
<TABLE>
<CAPTION>
<S> <C> <C>
MVP None 1,154,731
MVA None 1,154,731
</TABLE>
Page 8 of 12 Pages
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
MMP None 1,154,731
Daverman None 1,154,731
Ruth 1,024 1,154,731
(iii) Sole power to dispose or to (iv) Shared power to dispose or
direct the disposition of: to direct the disposition of:
MVP None 1,154,731
MVA None 1,154,731
MMP None 1,154,731
Daverman None 1,154,731
Ruth 1,024 1,154,731
</TABLE>
On September 5, 1996, MVP acquired 53,811 shares of Common Stock
through the exercise of warrants.
On August 28, 1996, Mr. Ruth entered into a Stock Option
Agreement with Stericycle pursuant to which, within 60 days of
December 31, 1996, Mr. Ruth will have a vested right to acquire
1,024 shares of Common Stock.
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 OF LESS OF A CLASS:
---------------------------------------------
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [_].
ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON:
------------------------------------------------
No other person has the right to receive or the power to direct
the receipt of dividends from, or other proceeds from the sale,
of the shares.
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY:
--------------------------------------------------------
Not applicable.
Page 9 of 12 Pages
<PAGE>
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP:
---------------------------------------------------
Not applicable.
ITEM 9 NOTICE OF DISSOLUTION OF GROUP:
-------------------------------
Not applicable.
ITEM 10 Certification:
--------------
Not applicable.
Page 10 of 12 Pages
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
DATE: FEBRUARY 13, 1997
MARQUETTE VENTURE PARTNERS, L.P.
MARQUETTE VENTURE ASSOCIATES, L.P.
MARQUETTE MANAGEMENT PARTNERS
By: /s/ Lloyd D. Ruth
-----------------------------------
Lloyd D. Ruth
as authorized signatory
/s/ James E. Daverman
--------------------------------------
JAMES E. DAVERMAN
/s/ Lloyd D. Ruth
--------------------------------------
LLOYD D. RUTH
Page 11 of 12 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 13G
(the "Schedule 13G") to which this Exhibit is attached, and such Schedule 13G is
filed on behalf of each of them; and
(ii) Each of them is responsible for the timely filing of such
Schedule 13G and any subsequent 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 13, 1997
MARQUETTE VENTURE PARTNERS, L.P.
MARQUETTE VENTURE ASSOCIATES, L.P.
MARQUETTE MANAGEMENT PARTNERS
By: /s/ Lloyd D. Ruth
-----------------------------------
Lloyd D. Ruth
as authorized signatory
/s/ James E. Daverman
--------------------------------------
JAMES E. DAVERMAN
/s/ Lloyd D. Ruth
--------------------------------------
LLOYD D. RUTH
Page 12 of 12 Pages
