<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
------
Cameron Ashley Building Products, Inc.
------------------
(Name of Issuer)
Common Stock
------------------
(Title of Class of Securities)
13329010
------------------
(CUSIP Number)
*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 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).
(Continued on following page(s))
Page 1 of 13 Pages
<PAGE>
CUSIP No. 13329010 13G Page 2 of 13 Pages
-------- --- ---
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons.
S.S. or I.R.S. Identification Nos. of Above Persons
CGW SOUTHEAST PARTNERS I, L.P.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
GEORGIA
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power
Owned by 1,909,646
Each Reporting --------------------------------------------------
(6) Shared Voting
Person With Power
--------------------------------------------------
(7) Sole Dispositive
Power
1,909,646
--------------------------------------------------
(8) Shared Dispositive
Power
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,909,646
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
/ /
- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
21.1%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 13329010 13G Page 3 of 13 Pages
-------- --- ---
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons.
S.S. or I.R.S. Identification Nos. of Above Persons
CGW SOUTHEAST I, INC.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
GEORGIA
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power
Owned by 1,909,646
Each Reporting --------------------------------------------------
Person With (6) Shared Voting
Power
--------------------------------------------------
(7) Sole Dispositive
Power
1,909,646
--------------------------------------------------
(8) Shared Dispositive
Power
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,909,646
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
/ /
- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
21.1%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
CO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 13329010 13G Page 4 of 13 Pages
-------- --- ---
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons.
S.S. or I.R.S. Identification Nos. of Above Persons
RICHARD L. CRAVEY
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
UNITED STATES
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power
1,909,646
--------------------------------------------------
(7) Sole Dispositive
Power
--------------------------------------------------
(8) Shared Dispositive
Power
1,909,646
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,909,646
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
/ /
- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
21.1%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 13329010 13G Page 5 of 13 Pages
-------- --- ---
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons.
S.S. or I.R.S. Identification Nos. of Above Persons
WILLIAM A. DAVIES
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
UNITED STATES
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power
1,909,646
--------------------------------------------------
(7) Sole Dispositive
Power
--------------------------------------------------
(8) Shared Dispositive
Power
1,909,646
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,909,646
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
/ /
- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
21.1%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 13329010 13G Page 6 of 13 Pages
-------- --- ---
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons.
S.S. or I.R.S. Identification Nos. of Above persons
WILLIAM S. GREEN
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
UNITED STATES
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power
1,909,646
--------------------------------------------------
(7) Sole Dispositive
Power
--------------------------------------------------
(8) Shared Dispositive
Power
1,909,646
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,909,646
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
/ /
- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
21.1%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 13329010 13G Page 7 of 13 Pages
-------- --- ---
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons.
S.S. or I.R.S. Identification Nos. of Above Persons
EDWIN A. WAHLEN, JR.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
UNITED STATES
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power
1,909,646
--------------------------------------------------
(7) Sole Dispositive
Power
--------------------------------------------------
(8) Shared Dispositive
Power
1,909,646
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,909,646
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
/ /
- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
21.1%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 8 of 13 Pages
--- ---
ITEM 1(A). NAME OF ISSUER
CAMERON ASHLEY BUILDING PRODUCTS, INC.
- -------------------------------------------------------------------------------
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
11651 PLANO ROAD, DALLAS TEXAS 75238
- -------------------------------------------------------------------------------
ITEM 2(A). NAME OF PERSON(S) FILING
(i) CGW SOUTHEAST PARTNERS I, L.P.
(ii) CGW SOUTHEAST I, INC.
(iii) RICHARD L. CRAVEY
(iv) WILLIAM A. DAVIES
(v) WILLIAM S. GREEN
(vi) EDWIN A. WAHLEN, JR.
- -------------------------------------------------------------------------------
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
(i)-(vi) TWELVE PIEDMONT CENTER, SUITE 210, ATLANTA, GEORGIA 30305
- -------------------------------------------------------------------------------
ITEM 2(C). CITIZENSHIP
(i) GEORGIA
(ii) GEORGIA
(iii) UNITED STATES
(iv) UNITED STATES
(v) UNITED STATES
(vi) UNITED STATES
- -------------------------------------------------------------------------------
ITEM 2(D). TITLE OF CLASS OF SECURITIES
(i)-(vi) COMMON STOCK
- -------------------------------------------------------------------------------
ITEM 2(E). CUSIP NUMBER
(i)-(vi) 13329010
- -------------------------------------------------------------------------------
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b),
CHECK WHETHER THE PERSON FILING IS A:
(a) / / Broker or Dealer registered under Section 15 of the Act
(b) / / Bank as defined in section 3(a)(6) of the Act
(c) / / Insurance Company as defined in section 3(a)(19) of the Act
(d) / / Investment Company registered under section 8 of the Investment
Company Act
(e) / / Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) / / Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of 1974
or Endowment Fund; see Section 240, 13d-1(b)(1)(ii)(F)
(g) / / Parent Holding Company, in accordance with Section 240,
13d-1(b)(ii)(G) (Note: See Item 7)
(h) / / Group, in accordance with Section 240, 13d-1(b)(1)(ii)(H)
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned:
(i)-(v) 1,909,646
---------------------------------------------------------------------------
(b) Percent of Class:
(i)-(v) 21.1%
---------------------------------------------------------------------------
<PAGE>
Page 9 of 13 Pages
--- ---
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
(i) and (ii) 1,909,646
-----------------------------------------------------------------
(ii) shared power to vote or to direct the vote
(iii), (iv), (v) and (vi) 1,909,646
-----------------------------------------------------------------
(iii) sole power to dispose or to direct the disposition of
(i) and (ii) 1,909,646
-----------------------------------------------------------------
(iv) shared power to dispose or to direct the disposition of
(iii), (iv), (v) and (vi) 1,909,646
-----------------------------------------------------------------
CGW SOUTHEAST PARTNERS I, L.P. IS THE SHAREHOLDER OF RECORD OF
1,909,646 SHARES OF COMMON STOCK OF CAMERON ASHLEY BUILDING PRODUCTS, INC.
THE GENERAL PARTNER OF CGW SOUTHEAST PARTNERS I, L.P. IS CGW SOUTHEAST I,
INC. MESSERS. CRAVEY, DAVIES, GREEN AND WAHLEN ARE MANAGING DIRECTORS OF CGW
SOUTHEAST I, INC.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR 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. / /
<PAGE>
Page 10 of 13 Pages
--- ---
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
The partners of CGW Southeast Partners I, L.P. have the right to receive a
portion of the proceeds from the sale of the shares of Cameron Ashley Building
Products, Inc. Common Stock held by such partnership.
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
- -------------------------------------------------------------------------------
ITEM 10. CERTIFICATION
Not Applicable
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.
RICHARD L. CRAVEY
January 24, 1997
----------------------------------------
(Date)
/s/ RICHARD L. CRAVEY
----------------------------------------
(Signature)
----------------------------------------
(Name/Title)
<PAGE>
Page 11 of 13 Pages
--- ---
CGW SOUTHEAST PARTNERS I, L.P.
a Georgia Limited Partnership
By: CGW Southeast I, Inc.
its General Partner
January 24, 1997
----------------------------------------
(Date)
/s/ WILLIAM A. DAVIES
----------------------------------------
(Signature)
WILLIAM A. DAVIES/MANAGING DIRECTOR
----------------------------------------
(Name/Title)
CGW SOUTHEAST I, INC.
January 24, 1997
----------------------------------------
(Date)
/s/ WILLIAM A. DAVIES
----------------------------------------
(Signature)
WILLIAM A. DAVIES/MANAGING DIRECTOR
----------------------------------------
(Name/Title)
WILLIAM A. DAVIES
January 24, 1997
----------------------------------------
(Date)
/s/ WILLIAM A. DAVIES
----------------------------------------
(Signature)
WILLIAM A. DAVIES/MANAGING DIRECTOR
----------------------------------------
(Name/Title)
<PAGE>
Page 12 of 13 Pages
--- ---
WILLIAM S. GREEN
January 24, 1997
----------------------------------------
(Date)
----------------------------------------
(Signature)
WILLIAM S. GREEN
----------------------------------------
(Name/Title)
EDWIN A. WAHLEN, JR.
January 24, 1997
----------------------------------------
(Date)
/s/ EDWIN A. WAHLEN, JR.
----------------------------------------
(Signature)
----------------------------------------
(Name/Title)
<PAGE>
Page 13 of 13 Pages
--- ---
EXHIBIT A TO SCHEDULE 13G
We, the Undersigned, hereby express our agreement that the attached
Schedule 13G is filed on behalf of each of us.
January 31, 1997
CGW Southeast Partners I, L.P.
a Georgia Limited Partnership
By: CGW Southeast I, Inc.
its General Partner
By: /s/ WILLIAM A. DAVIES
----------------------------------------
Name: WILLIAM A. DAVIES
----------------------------------------
Title: MANAGING DIRECTOR
----------------------------------------
CGW Southeast I, Inc.
By: /s/ WILLIAM A. DAVIES
----------------------------------------
Name: WILLIAM A. DAVIES
----------------------------------------
Title: MANAGING DIRECTOR
----------------------------------------
/s/ RICHARD L. CRAVEY
----------------------------------------
Richard L. Cravey
/s/ WILLIAM A. DAVIES
----------------------------------------
William A. Davies
/s/ WILLIAM S. GREEN
----------------------------------------
William S. Green
/s/ EDWIN A. WAHLEN, JR.
----------------------------------------
Edwin A. Wahlen, Jr.
