UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.---)*
GENTLE DENTAL SERVICE CORPORATION
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
37245B102
- --------------------------------------------------------------------------------
(CUSIP Number)
December 31, 1998
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
Rule 13d-1(b)
Rule 13d-1(c)
[X] Rule 13d-1(d)
*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. 37245B102 13G Page 2 of 12 Pages
--------- --- ----
- ------------ -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BESSEMER VENTURE PARTNERS IV L.P. ("Bessemer")
11-3298115
- ------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) |_|
- ------------ -------------------------------------------------------------------
3 SEC USE ONLY
- ------------ -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------- ---------- -----------------------------------
5 SOLE VOTING POWER
200,199 shs.
NUMBER OF ---------- -----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,034 shs.*
EACH ---------- -----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 200,199 shs.
---------- -----------------------------------
8 SHARED DISPOSITIVE POWER
27,034 shs.*
- ------------ -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
227,233 shs.
- ------------ -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------ -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.5%
- ------------ -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------ -------------------------------------------------------------------
*See answer to Item 4.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 12 Pages
<PAGE>
CUSIP No. 37245B102 13G Page 3 of 12 Pages
--------- --- ----
- ------------ -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BESSEC VENTURES IV L.P. ("Bessec")
11-3408591
- ------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) |_|
- ------------ -------------------------------------------------------------------
3 SEC USE ONLY
- ------------ -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------- ---------- -----------------------------------
5 SOLE VOTING POWER
200,199 shs.
NUMBER OF ---------- -----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,034 shs.*
EACH ---------- -----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 200,199 shs.
---------- -----------------------------------
8 SHARED DISPOSITIVE POWER
27,034 shs.*
- ------------ -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
227,233 shs.
- ------------ -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------ -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.5%
- ------------ -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------ -------------------------------------------------------------------
*See answer to Item 4.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 12 Pages
<PAGE>
CUSIP No. 37245B102 13G Page 4 of 12 Pages
--------- --- ----
- ------------ -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DEER IV & CO. LLC ("Deer")*
11-3298116
- ------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) |_|
- ------------ -------------------------------------------------------------------
3 SEC USE ONLY
- ------------ -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------- ---------- -----------------------------------
5 SOLE VOTING POWER
400,398 shs.
NUMBER OF ---------- -----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,034 shs.**
EACH ---------- -----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 400,398 shs.
---------- -----------------------------------
8 SHARED DISPOSITIVE POWER
27,034 shs.**
- ------------ -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
427,432 shs.
- ------------ -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------ -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.7%
- ------------ -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------ -------------------------------------------------------------------
*The shares reported on this page are the same as those reported on pages 2 and
3 as Deer is the General Partner of Bessemer and Bessec.
**See answer to Item 4.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 12 Pages
<PAGE>
CUSIP No. 37245B102 13G Page 5 of 12 Pages
--------- --- ----
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NEILL H. BROWNSTEIN
###-##-####
- ------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) |_|
- ------------ -------------------------------------------------------------------
3 SEC USE ONLY
- ------------ -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------- ---------- -----------------------------------
5 SOLE VOTING POWER
3,097 shs.
NUMBER OF ---------- -----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ---------- -----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 3,097 shs.
---------- -----------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------------ -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,097 shs.
- ------------ -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------ -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.03%
- ------------ -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------ -------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 12 Pages
<PAGE>
CUSIP No. 37245B102 13G Page 6 of 12 Pages
--------- --- ----
- ------------ -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ROBERT H. BUESCHER
###-##-####
- ------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) [X]
- ------------ -------------------------------------------------------------------
3 SEC USE ONLY
- ------------ -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------- ---------- -----------------------------------
5 SOLE VOTING POWER
512 shs.
NUMBER OF ---------- -----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ---------- -----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 512 shs.
---------- -----------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------- ---------- -----------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
512 shs.
- ------------ -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------ -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.01%
- ------------ -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------ -------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 12 Pages
<PAGE>
CUSIP No. 37245B102 13G Page 7 of 12 Pages
--------- --- ----
- ------------ -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WILLIAM T. BURGIN
###-##-####
- ------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) [X]
- ------------ -------------------------------------------------------------------
3 SEC USE ONLY
- ------------ -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------- ---------- -----------------------------------
5 SOLE VOTING POWER
2,558 shs.
NUMBER OF ---------- -----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ---------- -----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 2,558 shs.
---------- -----------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------------ -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,558 shs.
- ------------ -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------ -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.03%
- ------------ -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------ -------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 12 Pages
<PAGE>
CUSIP No. 37245B102 13G Page 8 of 12 Pages
--------- --- ----
- ------------ -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CHRISTOPHER F.O. GABRIELI
###-##-####
- ------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) [X]
- ------------ -------------------------------------------------------------------
3 SEC USE ONLY
- ------------ -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------- ---------- -----------------------------------
5 SOLE VOTING POWER
9,596 shs.
NUMBER OF ---------- -----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ---------- -----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 9,596 shs.
---------- -----------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------------ -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,596 shs.
- ------------ -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------ -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1%
- ------------ -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------ -------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 12 Pages
<PAGE>
Item 1.
(a) Name of Issuer:
Gentle Dental Service Corporation
(b) Address of Issuer's Principal Executive Offices:
222 North Sepulveda Boulevard
Suite 740
El Segundo, California 90245
Item 2.
(a), (b) and (c) Name of Persons Filing, Address of Principal Business
-----------------------------------------------------
Office and Citizenship:
----------------------
This statement is filed by Bessemer Venture Partners IV L.P.
and Bessec Ventures IV L.P. (collectively, "Bessemer"), each a Delaware limited
partnership having its principal office at 1400 Old Country Road, Suite 407,
Westbury, New York, 11590. Bessemer's principal business is making venture
capital investments for its own account and is carried on at its principal
office.
This statement is also filed by Deer IV & Co. LLC, a Delaware
limited liability company whose managing members are Robert H. Buescher, William
T. Burgin, G. Felda Hardymon, Christopher Gabrieli and David J. Cowan, who are
all United States citizens, and by Messrs. Brownstein, Buescher, Burgin and
Gabrieli. Deer IV & Co. LLC is the General Partner of Bessemer and has its
principal office at the same address as Bessemer. Deer IV & Co. LLC's principal
business is making venture capital investments for the account of Bessemer and
is carried on at its principal office, at 535 Middlefield Road, Suite 245, Menlo
Park, Calfornia 94025 and at 83 Walnut Street, Wellesley Hills, Massachusetts
02181-2101. Mr. Brownstein's and Mr. Cowan's principal business address is the
Menlo Park address. Mr. Buescher's, Mr. Burgin's and Mr. Gabrieli's principal
business address is the Westbury address. The other members' principal business
address is the Wellesley Hills address.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
37245B102
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), check whether the person filing is a:
Not applicable.
Page 9 of 12 Pages
<PAGE>
Item 4. Ownership
Items 5 through 9 of Pages 2 through 6 of this Statement are
incorporated herein by reference.
The shares beneficially held by Bessemer include holdings of
the Issuer's common stock of certain consultants, directors and employees of
Bessemer Securities Corporation, 630 Fifth Avenue, New York, New York 10111, who
hold a total of 27,034 shares of the Issuer's common stock under the special
situations investment plan of Bessemer Securities Corporation ("BSC"), which
provides that Bessemer has the right to direct such persons as to how to vote
such shares, give consents and the like and also grants a right of first refusal
to BSC with respect to sales of such shares, which right may be assigned to
Bessemer.
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
See answer to Item 2(a), (b) and (c).
Item 9. Notice of Dissolution of Group
Not applicable.
Page 10 of 12 Pages
<PAGE>
Item 10. Certification
Not applicable.
SIGNATURES
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Dated: February 10, 1999
BESSEMER VENTURE PARTNERS IV L.P.
By: Deer IV & Co. LLC, General Partner
By: /s/ Robert H. Buescher
----------------------------------------
Robert H. Buescher, Manager
BESSEC VENTURES IV L.P.
By: Deer IV & Co. LLC, General Partner
By: /s/ Robert H. Buescher
----------------------------------------
Robert H. Buescher, Manager
DEER IV & Co. LLC
By: /s/ Robert H. Buescher
----------------------------------------
Robert H. Buescher, Manager
NEILL H. BROWNSTEIN
By: *
----------------------------------------
Robert H. Buescher, Attorney-in-Fact
Page 11 of 12 Pages
<PAGE>
WILLIAM T. BURGIN
By: *
----------------------------------------
Robert H. Buescher, Attorney-in-Fact
CHRISTOPHER F. O. GABRIELI
By: *
----------------------------------------
Robert H. Buescher, Attorney-in-Fact
/s/ Robert H. Buescher
----------------------------------------
Robert H. Buescher for himself and as
Attorney-in-Fact for the above parties
having an asterisk (*) above their
signature line
Page 12 of 12 Pages
