<PAGE>
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) AND (C) AND AMENDMENTS THERETO FILED
PURSUANT TO 13D-2(B)
(AMENDMENT NO. 1)*
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 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. 13329010 13G Page 2 of 12 Pages
1 NAME OF REPORTING PERSON
CGW SOUTHEAST PARTNERS I, L.P.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
GEORGIA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
1,278,121
6 SHARED VOTING POWER
7 SOLE DISPOSITIVE POWER
1,278,121
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,278,121
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.7%
12 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 12 pages
<PAGE>
CUSIP No. 13329010 13G Page 3 of 12 Pages
1 NAME OF REPORTING PERSONS
CGW SOUTHEAST I, INC.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
GEORGIA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
1,278,121
6 SHARED VOTING POWER
7 SOLE DISPOSITIVE POWER
1,278,121
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,278,121
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.7%
12 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 12 pages
<PAGE>
CUSIP No. 13329010 13G Page 4 of 12 Pages
1 NAME OF REPORTING PERSONS
RICHARD L. CRAVEY
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
6 SHARED VOTING POWER
1,278,121
7 SOLE DISPOSITIVE POWER
8 SHARED DISPOSITIVE POWER
1,278,121
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,278,121
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.7%
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 4 of 12 pages
<PAGE>
CUSIP No. 13329010 13G Page 5 of 12 Pages
1 NAME OF REPORTING PERSONS
WILLIAM A. DAVIES
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
6 SHARED VOTING POWER
1,278,121
7 SOLE DISPOSITIVE POWER
8 SHARED DISPOSITIVE POWER
1,278,121
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,278,121
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.7%
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 5 of 12 pages
<PAGE>
CUSIP No. 13329010 13G Page 6 of 12 Pages
1 NAME OF REPORTING PERSONS
WILLIAM S. GREEN
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
6 SHARED VOTING POWER
1,278,121
7 SOLE DISPOSITIVE POWER
8 SHARED DISPOSITIVE POWER
1,278,121
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,278,121
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.7%
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 6 of 12 pages
<PAGE>
CUSIP No. 13329010 13G Page 7 of 12 Pages
1 NAME OF REPORTING PERSONS
EDWIN A. WAHLEN, JR.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
6 SHARED VOTING POWER
1,278,121
7 SOLE DISPOSITIVE POWER
8 SHARED DISPOSITIVE POWER
1,278,121
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,278,121
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.7%
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 7 of 12 pages
<PAGE>
ITEM 1.
(a) Name of Issuer CAMERON ASHLEY BUILDING PRODUCTS, INC.
(b) Address of Issuer's Principal Executive Offices 11651 PLANO ROAD,
DALLAS TEXAS 75238
ITEM 2.
(a) Name of Person 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.
(b) Address of Principal Business Office or, if none, Residence
(I) - (VI) TWELVE PIEDMONT CENTER, SUITE 210, ATLANTA, GEORGIA
30305
(c) Citizenship
(I) GEORGIA
(II) GEORGIA
(III) UNITED STATES
(IV) UNITED STATES
(V) UNITED STATES
(VI) UNITED STATES
(d) Title of Class of Securities
(I) - (VI) COMMON STOCK
(e) CUSIP Number
(I) - (VI) 13329010
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 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 (S) 240.13d-1(b)(1)(ii)(F),
(g) [_] Parent Holding Company, in accordance with (S) 240.13d-
1(b)(ii)(G); See Item 7,
(h) [_] Group, in accordance with (S) 240.13d-1(b)(1)(ii)(H).
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned
(I) - (VI) 1,278,121
(b) Percent of Class
(I) - (VI) 13.7%
Page 8 of 12 pages
<PAGE>
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
(I) AND (II) 1,278,121
(ii) shared power to vote or to direct the vote
(III), (IV), (V) AND (VI) 1,278,121
(iii) sole power to dispose or to direct the disposition of
(I) AND (II) 1,278,121
(iv) shared power to dispose or to direct the disposition of
(III), (IV), (V) AND (VI) 1,278,121
CGW SOUTHEAST PARTNERS I, L.P. IS THE SHAREHOLDER OF RECORD OF
1,278,121 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 [_].
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
Response: Not Applicable
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Response: Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Response: Not Applicable
Item 10. CERTIFICATION
Response: Not Applicable
Page 9 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.
CGW SOUTHEAST PARTNERS I, L.P.
a Georgia Limited Partnership
By: CGW Southeast I, Inc.
its General Partner
February 11, 1998
----------------------------------
Date
/s/ Richard L. Cravey
----------------------------------
Richard L. Cravey
President and Managing Director
CGW SOUTHEAST I, INC.
February 11, 1998
----------------------------------
Date
/s/ Richard L. Cravey
----------------------------------
Richard L. Cravey
President and Managing Director
RICHARD L. CRAVEY
February 11, 1998
----------------------------------
Date
/s/ Richard L. Cravey
----------------------------------
Signature
WILLIAM S. GREEN
February 11, 1998
----------------------------------
Date
/s/ William S. Green
----------------------------------
Signature
Page 10 of 12 pages
<PAGE>
EDWIN A. WAHLEN, JR.
February 11, 1998
----------------------------------
Date
/s/ Edwin A. Wahlen, Jr.
----------------------------------
Signature
WILLIAM A. DAVIES
February 11, 1998
----------------------------------
Date
/s/ William A. Davies
----------------------------------
Signature
Page 11 of 12 pages
<PAGE>
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.
February 11, 1998
CGW SOUTHEAST PARTNERS I, L.P.
a Georgia Limited Partnership
By: CGW SOUTHEAST I, INC.
its General Partner
By: /s/ Richard L. Cravey
--------------------------------
Richard L. Cravey
President and Managing Director
CGW SOUTHEAST I, INC.
By: /s/ Richard L. Cravey
--------------------------------
Richard L. Cravey
President and Managing Director
/s/ Richard L. Cravey
----------------------------
Richard L. Cravey
/s/ William S. Green
----------------------------
William S. Green
/s/ Edwin A. Wahlen, Jr.
----------------------------
Edwin A. Wahlen, Jr.
/s/ William A. Davies
----------------------------
William A. Davies
Page 12 of 12 pages
