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OMB APPROVAL
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OMB Number:......323-0145
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UNITED STATES Expires: December 31, 1997
SECURITIES AND EXCHANGE COMMISSION Estimated average burden
Washington, D.C. 20549 hours per response...14.90
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2 )*
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Bell Sports Corp.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
077903102
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(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
disclosures provided in a prior cover page.
The information required on 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 10 Pages
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CUSIP No. 077903102 SCHEDULE 13G Page 2 of 14 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CB Capital Investors, L.P.
(as assignee of CB Capital Investors, Inc.)
13-3986302
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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5 SOLE VOTING POWER
2,281,080
NUMBER OF
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY Not applicable.
EACH
REPORTING ----------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 2,281,080
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8 SHARED DISPOSITIVE POWER
Not applicable.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,281,080
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* / /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
16.5%
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12 TYPE OF REPORTING PERSON*
PN
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Page 2 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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Item 1.
(a) Name of Issuer:
Bell Sports Corp.
(b) Address of Issuer's Principal Executive Offices:
10601 N. Hayden Road
Suite I-100
Scottsdale, Arizona 85260
Item 2.
(a) Name of Person Filing:
CB Capital Investors, L.P. (as assignee of CB Capital
Investors, Inc.) As part of an internal reorganization,
all of the investment holdings of CB Capital Investors,
Inc. were contributed to CB Capital Investors, L.P.
Supplemental information relating to the ownership and
control of the person filing this statement is included
in Exhibit 2(a) attached hereto.
(b) Address of Principal Business Office or, if none, Residence:
380 Madison Avenue, 12th Floor
New York, New York 10017
(c) Citizenship:
Delaware
(d) Title of Class of Securities (of Issuer):
Common Stock
(e) CUSIP Number:
077903102
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b),
check whether the person filing is a:
Not applicable.
Item 4. Ownership
(a) Amount Beneficially Owned:
2,281,080 (as of December 31, 1997)
(b) Percent of Class:
16.5 (as of December 31, 1997)
Page 3 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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(c) Number of shares as to which such person has:
(i) 2,281,080
(ii) Not applicable.
(iii) 2,281,080
(iv) Not applicable.
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
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
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable.
Page 4 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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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, 1998 CB CAPITAL INVESTORS, L.P.
By: CB CAPITAL INVESTORS, INC.
its General Partner
By: /s/ Jeffrey C. Walker
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Name: Jeffrey C. Walker
Title: Chief Executive Officer
Page 5 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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EXHIBIT 2(a)
This statement is being filed by CB Capital Investors, L.P., a Delaware
limited partnership ("CBCI, L.P."), whose principal business office is located
at 380 Madison Avenue, 12th Floor, New York, New York 10017. The general partner
of CBCI, L.P. is CB Capital Investors, Inc., a Delaware corporation ("CBCI"),
whose principal business office is located at the same address as CBCI, L.P.
CBCI is a wholly owned subsidiary of The Chase Manhattan Bank (f/k/a Chemical
Bank, National Association), a New York corporation, which is a wholly owned
subsidiary of The Chase Manhattan Corporation (f/k/a Chemical Banking
Corporation), a Delaware corporation, both of whose principal business offices
are located at 270 Park Avenue, 5th Floor, New York, New York 10017. The limited
partner of CBCI, L.P. is Chase Capital Partners, a New York general partnership
("CCP"), whose principal business office is located at the same address as CBCI,
L.P.
CBCI, L.P. and CBCI are engaged in the venture capital and leveraged buyout
business. The directors of CBCI are Jeffrey C. Walker and Donald J. Hofmann. The
executive officers of CBCI are Jeffrey C. Walker, Chief Executive Officer;
Donald J. Hofmann, President; George E. Kelts, Vice President; Mitchell J.
Blutt, M.D., Secretary and Robert C. Carroll, Assistant Secretary. Each of
the individual general partners of CCP are also officers of CBCI. The address
for each of the directors and executive officers CBCI, each of whom is a U.S.
citizen, is c/o Chase Capital Partners, 380 Madison Avenue, 12th Floor, New
York, New York 10017.
CCP is also engaged in the venture capital and leveraged buyout business.
Set forth below are the names of each general partner of CCP who is a natural
person. Each such general partner is a U.S. citizen, whose principal occupation
is general partner of CCP and whose business address (except for Mr. Soghikian)
is c/o Chase Capital Partners, 380 Madison Avenue, 12th Floor, New York, New
York 10017.
John R. Baron
Mitchell J. Blutt, M.D.
Arnold L. Chavkin
Michael R. Hannon
Donald J. Hofmann
Stephen P. Murray
John M. B. O'Connor
Brian J. Richmand
Shahan D. Soghikian
Jeffrey C. Walker
Damion E. Wicker, M.D.
Mr. Soghikian's address is c/o Chase Capital Partners, 125 London Wall, London
EC2Y5AJ, England.
Jeffrey C. Walker is the managing general partner of CCP. The remaining
general partners of CCP are Chase Capital Corporation, a New York corporation
("Chase Capital"), CCP Principals, L.P., a Delaware limited partnership
("Principals") and CCP
Page 6 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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European Principals, L.P., a Delaware limited partnership ("European
Principals"), each of whose principal office is located at 380 Madison Avenue,
12th Floor, New York, New York 10017. Chase Capital is a wholly-owned subsidiary
of The Chase Manhattan Corporation. The general partners of each of Principals
and European Principals is Chase Capital. Chase Capital, Principals and European
Principals are each engaged in the venture capital and leveraged buyout
business. Set forth in Schedule A hereto and incorporated herein by reference
are the names, business addresses and principal occupations or employments of
each executive officer and director of Chase Capital, each of whom is a U.S.
citizen.
Chase Bank is a New York corporation engaged in the commercial banking
business with its principal office located at 270 Park Avenue, New York, New
York 10017. Set forth in Schedule B hereto and incorporated herein by reference
are the names, business addresses, principal occupations or employments and
citizenship of each executive officer and director of Chase Bank.
Chase is a Delaware corporation engaged (primarily through subsidiaries) in
the commercial banking business with its principal office located at 270 Park
Avenue, New York, New York 10017. Set forth in Schedule C hereto and
incorporated herein by reference are the names, business addresses, principal
occupations or employments and citizenship of each executive officer and
director of Chase.
Page 7 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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SCHEDULE A
CHASE CAPITAL CORPORATION
Executive Officers
Chief Executive Officer William B. Harrison, Jr.*
President Jeffrey C. Walker**
Executive Vice President Mitchell J. Blutt, M.D.**
Vice President & Secretary Gregory Meridith*
Vice President George E. Kelts**
Assistant Secretary Robert C. Carroll*
Directors
William B. Harrison, Jr.*
Jeffrey C. Walker**
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* Principal occupation is employee and/or officer of Chase. Business address
is c/o The Chase Manhattan Corporation, 270 Park Avenue, New York, New York
10017.
** Principal occupation is employee of Chase and/or general partner of CCP.
Business address is c/o Chase Capital Partners, 380 Madison Avenue, 12th Floor,
New York, NY 10017.
Page 8 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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SCHEDULE B
THE CHASE MANHATTAN BANK
Executive Officers*
Walter V. Shipley, Chairman
Thomas G. Labrecque, President
William B. Harrison, Jr., Vice Chairman of the Board
Donald L. Boudreau, Vice Chairman
Marc Shapiro, Vice Chairman
Joseph G. Sponholz, Vice Chairman
Directors**
Principal Occupation or Employment;
Name Business or Residence Address
---- -----------------------------
Hans W. Becherer Chairman of the Board
Chief Executive Officer
Deere & Company
8601 John Deere Road
Moline, IL 61265
Frank A. Bennack, Jr. President and Chief Executive Officer
The Hearst Corporation
959 Eighth Avenue
New York, NY 10019
Susan V. Berresford President
The Ford Foundation
320 East 43rd Street
New York, NY 10017
M. Anthony Burns Chairman, President and CEO
Ryder System, Inc.
3600 N.W. S2nd Avenue
Miami, FL 33166
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* Principal occupation is executive officer and/or employee of The Chase
Manhattan Bank. Business address is c/o The Chase Manhattan Bank, 270 Park
Avenue, New York, New York 10017. Each executive officer of Chase is a U.S.
citizen.
** Each of the persons named below is a citizen of the United States of
America.
Page 9 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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Principal Occupation or Employment;
Name Business or Residence Address
---- -----------------------------
H. Laurance Fuller Chairman of the Board and Chief Executive Officer
Amoco Corporation
200 East Randolph Drive
Chicago, IL 60601
Melvin R. Goodes Chairman of the Board and Chief Executive Officer
Warner-Lambert Company
201 Tabor Road
Morris Plains, NJ 07950
William H. Gray, III President and Chief Executive Officer
The College Fund/UNCF
8260 Willow Oaks Corporate Drive
P.O. Box 10444
Fairfax, VA 22031
George V. Grune Chairman of the Board and Chief Executive Officer
The Reader's Digest Association, Inc.
Chairman of the Board
The DeWitt Wallace-Reader's Digest Fund
Lila Wallace-Reader's Digest Fund
Reader's Digest Road
Pleasantville, NY 10570
William B. Harrison, Jr. Vice Chairman of the Board
The Chase Manhattan Corporation
270 Park Avenue, 8th Floor
New York, NY 10017-2070
Harold S. Hook Retired Chairman of the Board
American General Corporation
2929 Allen Parkway
Houston, TX 77019
Helene L. Kaplan Of Counsel
Skadden, Arps, Slate, Meagher & Flom
919 Third Avenue - Room 29-72
New York, NY 10022
Thomas G. Labrecque President
The Chase Manhattan Corporation
270 Park Avenue, 8th Floor
New York, NY 10017-2070
Henry B. Schacht Retired Chairman of the Board and
Chief Executive Officer
Lucent Technologies, Inc.
600 Mountain Avenue - Room 6A511
Murray Hill, NJ 07974
Page 10 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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Principal Occupation or Employment;
Name Business or Residence Address
---- -----------------------------
Walter V. Shipley Chairman of the Board
The Chase Manhattan Corporation
270 Park Avenue, 8th Floor
New York, NY 10017-2070
Andrew C. Sigler Retired Chairman of the Board
and Chief Executive Officer
Champion International Corporation
1 Champion Plaza
Stamford, CT 06921
John R. Stafford Chairman, President and Chief Executive Officer
American Home Products Corporation
Five Giralda Farms
Madison, NJ 07940
Marina v.N. Whitman Professor of Business Administration
and Public Policy
The University of Michigan
School of Public Policy
411 Lorch Hall, 611 Tappan Street
Ann Arbor, MI 48109-1220
Page 11 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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SCHEDULE C
THE CHASE MANHATTAN CORPORATION
Executive Officers*
Walter V. Shipley, Chairman
Thomas G. Labrecque, President
William B. Harrison, Jr., Vice Chairman of the Board
Donald L. Boudreau, Senior Executive Vice President
Marc Shapiro, Senior Executive Vice President
Joseph G. Sponholz, Senior Executive Vice President
Directors
Principal Occupation or Employment;
Name Business or Residence Address
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Hans W. Becherer Chairman of the Board
Chief Executive Officer
Deere & Company
8601 John Deere Road
Moline, IL 61265
Frank A. Bennack, Jr. President and Chief Executive Officer
The Hearst Corporation
959 Eighth Avenue
New York, NY 10019
Susan V. Berresford President
The Ford Foundation
320 East 43rd Street
New York, NY 10017
M. Anthony Burns Chairman, President and CEO
Ryder System, Inc.
3600 N.W. S2nd Avenue
Miami, FL 33166
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* Principal occupation is executive officer and/or employee of The Chase
Manhattan Bank. Business address is c/o The Chase Manhattan Bank, 270 Park
Avenue, New York, New York 10017. Each executive officer of Chase is a U.S.
citizen.
Page 12 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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Principal Occupation or Employment;
Name Business or Residence Address
- ---- -----------------------------
H. Laurance Fuller Chairman of the Board and Chief Executive Officer
Amoco Corporation
200 East Randolph Drive
Chicago, IL 60601
Melvin R. Goodes Chairman of the Board and Chief Executive Officer
Warner-Lambert Company
201 Tabor Road
Morris Plains, NJ 07950
William H. Gray, III President and Chief Executive Officer
The College Fund/UNCF
8260 Willow Oaks Corporate Drive
P.O. Box 10444
Fairfax, VA 22031
George V. Grune Chairman of the Board and Chief Executive Officer
The Reader's Digest Association, Inc.
Chairman of the Board
The DeWitt Wallace-Reader's Digest Fund
Lila Wallace-Reader's Digest Fund
Reader's Digest Road
Pleasantville, NY 10570
William B. Harrison, Jr. Vice Chairman of the Board
The Chase Manhattan Corporation
270 Park Avenue, 8th Floor
New York, NY 10017-2070
Harold S. Hook Retired Chairman of the Board
American General Corporation
2929 Allen Parkway
Houston, TX 77019
Helene L. Kaplan Of Counsel
Skadden, Arps, Slate, Meagher & Flom
919 Third Avenue - Room 29-72
New York, NY 10022
Thomas G. Labrecque President
The Chase Manhattan Corporation
270 Park Avenue, 8th Floor
New York, NY 10017-2070
Henry B. Schacht Retired Chairman of the Board and
Chief Executive Officer
Lucent Technologies, Inc.
600 Mountain Avenue - Room 6A511
Murray Hill, NJ 07974
Page 13 of 14 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903102
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Principal Occupation or Employment;
Name Business or Residence Address
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Walter V. Shipley Chairman of the Board
The Chase Manhattan Corporation
270 Park Avenue, 8th Floor
New York, NY 10017-2070
Andrew C. Sigler Retired Chairman of the Board
and Chief Executive Officer
Champion International Corporation
1 Champion Plaza
Stamford, CT 06921
John R. Stafford Chairman, President and Chief Executive Officer
American Home Products Corporation
Five Giralda Farms
Madison, NJ 07940
Marina v.N. Whitman Professor of Business Administration
and Public Policy
The University of Michigan
School of Public Policy
411 Lorch Hall, 611 Tappan Street
Ann Arbor, MI 48109-1220
Page 14 of 14 Pages
