UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
Vanstar Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
92208M108
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(CUSIP Number)
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* 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 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>
SCHEDULE 13G
CUSIP No. 92208M108
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Warburg, Pincus Capital Company, L.P.
06-1183391
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
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3 SEC Use Only
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4 Citizenship or Place of Organization
Delaware
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5 Sole Voting Power
Number of
Shares
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 13,878,401
Person --------------------------------------------------------
With 7 Sole Dispositive Power
--------------------------------------------------------
8 Shared Dispositive Power
13,878,401
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
13,878,401
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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)
33.5%
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12 Type of Reporting Person*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 9 Pages
<PAGE>
SCHEDULE 13G
CUSIP No. 92208M108
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
E.M. Warburg, Pincus & Co., LLC
13-3536050
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
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3 SEC Use Only
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4 Citizenship or Place of Organization
Delaware
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5 Sole Voting Power
Number of
Shares
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 13,878,401
Person --------------------------------------------------------
With 7 Sole Dispositive Power
--------------------------------------------------------
8 Shared Dispositive Power
13,878,401
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
13,878,401
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10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
33.5%
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12 Type of Reporting Person*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 9 Pages
<PAGE>
SCHEDULE 13G
CUSIP No. 92208M108
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Warburg, Pincus & Co.
13-6358475
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
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3 SEC Use Only
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4 Citizenship or Place of Organization
Delaware
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5 Sole Voting Power
Number of
Shares
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 13,878,401
Person --------------------------------------------------------
With 7 Sole Dispositive Power
--------------------------------------------------------
8 Shared Dispositive Power
13,878,401
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
13,878,401
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
33.5%
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12 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 9 Pages
<PAGE>
Item 1(a). Name of Issuer:
Vanstar Corporation
Items 1(b) Address of Issuer's Principal Executive Offices:
5964 West Las Positas Boulevard
Los Positas, CA 94511
Items 2(a) Names of Person Filing; Address of (b) and (c) Principal Business
Office; Citizenship:
This statement is filed by and on behalf of (a) Warburg, Pincus Capital
Company, L.P., a Delaware limited partnership ("WPCC"); (b) Warburg, Pincus &
Co., a New York general partnership ("WP"); and (c) E.M. Warburg, Pincus & Co.,
LLC, a New York limited liability company ("EMW LLC"), which manages WPCC. WP,
the sole general partner of WPCC, has a 20% interest in the profits of WPCC.
Lionel L. Pincus is the managing partner of WP and the managing member of EMW
LLC and may be deemed to control both WP and EMW LLC. The members of EMW LLC are
substantially the same as the partners of WP. The business address of each of
the foregoing is 466 Lexington Avenue, New York, New York 10017.
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
92208M108
Item 3. Not Applicable
Item 4. Ownership:
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<PAGE>
(a) 13,878,401
(b) 33.5%
(c) (i) 0
(ii) 13,878,401
(iii) 0
(iv) 13,878,401
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
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<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.
WARBURG, PINCUS CAPITAL COMPANY, L.P.
By: Warburg, Pincus & Co., General Partner
By: /s/Stephen Distler
---------------------------------
Stephen Distler, Partner
WARBURG, PINCUS & CO.
By: /s/Stephen Distler
---------------------------------
Stephen Distler, Partner
E.M. WARBURG, PINCUS & CO., LLC
By: /s/Stephen Distler
---------------------------------
Stephen Distler
Managing Director and Member
Dated: February 12, 1997
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<PAGE>
INDEX
Schedule I Joint Filing Agreement, dated February 12, 1997, among the
signatories to this Schedule 13G.
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<PAGE>
JOINT FILING AGREEMENT
PURSUANT TO RULE 13d-1(f)(1)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
filing agreements. The undersigned acknowledge that each shall be responsible
for the timely filing of such amendments, and for the completeness and accuracy
of the information concerning it contained therein, but shall not be responsible
for the others, except to the extent that it knows or has reason to believe that
such information is inaccurate. This Agreement may be executed in any number of
counterparts and all of such counterparts taken together shall constitute one
and the same instrument.
Date: February 12, 1997
WARBURG, PINCUS CAPITAL COMPANY, L.P.
By: Warburg, Pincus & Co., General
Partner
By: /s/Stephen Distler
---------------------------------
Stephen Distler, Partner
WARBURG, PINCUS & CO.
By: /s/Stephen Distler
---------------------------------
Stephen Distler, Partner
E.M. WARBURG, PINCUS & CO., LLC
By: /s/Stephen Distler
---------------------------------
Stephen Distler, Member
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