CUSIP No. 0009331311 Page 1 of 11 Pages
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________
SCHEDULE 13G
Information Statement pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. )
______________________Walsh_International,_Inc.__________________
(Name of Issuer)
___________________Common_Stock,_$.01_par_value__________________
(Title of Class of Securities)
____________________________0009331311___________________________
(CUSIP Number)
________________________
<PAGE>
CUSIP No. 0009331311 Page 2 of 11 Pages
_________________________________________________________________
1) Name of Reporting Person Welsh, Carson,
S.S. or I.R.S. Identification Anderson & Stowe V,
No. of Above Person L.P.
_________________________________________________________________
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
_________________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Citizenship or Place Delaware
of Organization
_________________________________________________________________
Number of 5) Sole Voting 1,259,239 shares of
Shares Beneficially Power Common Stock, $.01
Owned by Each par value ("Common
Reporting Person Stock")
With: ________________________________________
6) Shared Voting
Power -0-
_______________________________________
7) Sole Disposi- 1,259,239 shares of
tive Power Common Stock
________________________________________
8) Shared Dis-
positive Power -0-
________________________________________
9) Aggregate Amount Beneficially 1,259,239 shares of
Owned by Each Reporting Person Common Stock
_________________________________________________________________
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
_________________________________________________________________
11) Percent of Class
Represented by 12.0%
Amount in Row (9)
_________________________________________________________________
12) Type of Reporting
Person PN
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CUSIP No. 0009331311 Page 3 of 11 Pages
_________________________________________________________________
1) Name of Reporting Person Welsh, Carson,
S.S. or I.R.S. Identification Anderson &
No. of Above Person Stowe IV
_________________________________________________________________
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
_________________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Citizenship or Place New York
of Organization
_________________________________________________________________
Number of 5) Sole Voting 964,505 shares of
Shares Beneficially Power Common Stock
Owned by Each
Reporting Person ________________________________________
With: 6) Shared Voting
Power -0-
________________________________________
7) Sole Disposi- 964,505 shares of
tive Power Common Stock
________________________________________
8) Shared Dis-
positive Power -0-
________________________________________
9) Aggregate Amount Beneficially 964,505 shares of
Owned by Each Reporting Person Common Stock
_________________________________________________________________
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
_________________________________________________________________
11) Percent of Class
Represented by 9.2%
Amount in Row (9)
_________________________________________________________________
12) Type of Reporting
Person PN
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CUSIP No. 0009331311 Page 4 of 11 Pages
_________________________________________________________________
1) Name of Reporting Person WCAS Capital
S.S. or I.R.S. Identification Partners, L.P.
No. of Above Person
_________________________________________________________________
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
_________________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Citizenship or Place Delaware
of Organization
_________________________________________________________________
Number of Shares 5) Sole Voting 303,550 shares
Beneficially Power of Common Stock
Owned by Each
Reporting Person
With: ________________________________________
6) Shared Voting
Power -0-
________________________________________
7) Sole Disposi- 303,550 shares
tive Power of Common Stock
_______________________________________
8) Shared Dis-
positive Power -0-
________________________________________
9) Aggregate Amount Beneficially 303,550 shares
Owned by Each Reporting Person of Common Stock
_________________________________________________________________
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
_________________________________________________________________
11) Percent of Class
Represented by 2.9%
Amount in Row (9)
_________________________________________________________________
12) Type of Reporting
Person PN
<PAGE>
CUSIP No. 0009331311 Page 5 of 11 Pages
_________________________________________________________________
1) Name of Reporting Person WCAS Venture
S.S. or I.R.S. Identification Partners
No. of Above Person
_________________________________________________________________
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
_________________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Citizenship or Place New York
of Organization
_________________________________________________________________
Number of Shares 5) Sole Voting 16,853 shares
Beneficially Power of Common Stock
Owned by Each
Reporting Person
With: ________________________________________
6) Shared Voting
Power -0-
________________________________________
7) Sole Disposi- 16,853 shares
tive Power of Common Stock
_______________________________________
8) Shared Dis-
positive Power -0-
________________________________________
9) Aggregate Amount Beneficially 16,853 shares
Owned by Each Reporting Person of Common Stock
_________________________________________________________________
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
_________________________________________________________________
11) Percent of Class
Represented by 0.2%
Amount in Row (9)
_________________________________________________________________
12) Type of Reporting
Person PN
<PAGE>
CUSIP No. 0009331311 Page 6 of 11 Pages
Schedule_13G
____________
Item 1(a) - Name of Issuer: Walsh International Inc.
Item 1(b) - Address of Issuer's Principal Executive Offices:
105 Terry Drive, Suite 118
Newtown, PA 18940
Item 2(a) - Name of Person Filing:
This statement is being filed by Welsh, Carson,
Anderson & Stowe V, L.P., a Delaware limited
partnership ("WCAS V"), Welsh, Carson, Anderson &
Stowe IV, a New York limited partnership ("WCAS
IV"), WCAS Capital Partners, L.P., a Delaware
limited partnership ("Capital Partners"), and WCAS
Venture Partners, a New York limited partnership
("Venture Partners") (collectively, the "Reporting
Persons").
Item 2(b) - Address of Principal Business Office:
320 Park Avenue, Suite 2500
New York, New York 10022
Item 2(c) - Place of Organization:
WCAS V: Delaware
WCAS IV: New York
Capital Partners: Delaware
Venture Partners: New York
Item 2(d) - Title of Class of Securities:
Common Stock, $.01 par value ("Common Stock")
Item 2(e) - CUSIP Number: 0009331311
Item 3 - Statements Filed Pursuant to Rules 13d-1(b) or
13d-2(b):
Not applicable.
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CUSIP No. 0009331311 Page 7 of 11 Pages
Item 4 - Ownership.
(a) Amount Beneficially Owned:
WCAS V: 1,259,239 shares of Common Stock
WCAS IV: 964,505 shares of Common Stock
Capital Partners: 303,550 shares of Common Stock
Venture Partners: 16,853 shares of Common Stock
(b) Percent of Class:
WCAS V: 12.0%
WCAS IV: 9.2%
Capital Partners: 2.9%
Venture Partners: 0.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
WCAS V: 1,259,239 shares of Common Stock
WCAS IV: 964,505 shares of Common Stock
Capital Partners: 303,550 shares of Common Stock
Venture Partners: 16,853 shares of Common Stock
(ii) shared power to vote or to direct the vote:
-0-
(iii) sole power to dispose or to direct the
disposition of:
WCAS V: 1,259,239 shares of Common Stock
WCAS IV: 964,505 shares of Common Stock
Capital Partners: 303,550 shares of Common Stock
Venture Partners: 16,853 shares of Common Stock
(iv) shared power to dispose or to direct the
disposition of: -0-
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.
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CUSIP No. 0009331311 Page 8 of 11 Pages
Item 7 - Identification and Classification of the
Subsidiary Which Acquired the Security Being
Reported on By the Parent Company:
Not applicable.
Item 8 - Identification and Classification of Members of
the Group:
See Exhibit 2.
Item 9 - Notice of Dissolution of Group:
Not applicable.
Item 10 - Certification:
Not applicable.
<PAGE>
CUSIP No. 0009331311 Page 9 of 11 Pages
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.
WELSH, CARSON, ANDERSON & STOWE V, L.P.
By: WCAS V Partners, General Partner
yBy /s/ Laura VanBuren
General Partner
WELSH, CARSON, ANDERSON & STOWE IV
By: WCAS IV Partners, General Partner
Byy /s/ Russell L. Carson
General Partner
WCAS CAPITAL PARTNERS, L.P.
By: WCAS CP Partners, General Partner
Byy /s/ Russell L. Carson
General Partner
WCAS VENTURE PARTNERS
By: WCAS Ventures, General Partner
Byy /s/ Laura VanBuren
General Partner
Dated: January 21, 1997
<PAGE>
CUSIP No. 0009331311 Page 10 of 11 Pages
EXHIBIT 1
AGREEMENT
OF
WELSH, CARSON, ANDERSON & STOWE V, L.P.
WELSH, CARSON, ANDERSON & STOWE IV
WCAS CAPITAL PARTNERS, L.P.
AND
WCAS VENTURE PARTNERS
PURSUANT_TO_RULE_13d-1(f)
The undersigned hereby agree that the Information Statement
on Schedule 13G to which this Agreement is annexed as Exhibit 1 is
filed on behalf of each of them in accordance with the provisions of
Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended.
WELSH, CARSON, ANDERSON & STOWE V, L.P.
By: WCAS V Partners, General Partner
Byy /s/ Laura VanBuren
General Partner
WELSH, CARSON, ANDERSON & STOWE IV
By: WCAS IV Partners, General Partner
Byy /s/ Russell L. Carson
General Partner
WCAS CAPITAL PARTNERS, L.P.
By: WCAS CP Partners, General Partner
Byy /s/ Russell L. Carson
General Partner
WCAS VENTURE PARTNERS
By: WCAS Ventures, General Partner
Byy /s/ Laura VanBuren
General Partner
Dated: January 21, 1997
<PAGE>
CUSIP No. 0009331311 Page 11 of 11 Pages
EXHIBIT 2
Identification and Classification
of Members of the Group
_________________________________
Welsh, Carson, Anderson & Stowe V, L.P., Welsh, Carson,
Anderson & Stowe IV, WCAS Capital Partners, L.P. and WCAS Venture
Partners are filing this statement on Schedule 13G as a group.
Welsh, Carson, Anderson & Stowe V, L.P. is a Delaware limited
partnership. Its sole general partner is WCAS V Partners, a New Jersey
general partnership.
Welsh, Carson, Anderson & Stowe IV is a New York limited
partnership. Its sole general partner is WCAS IV Partners, a New York
general partnership.
WCAS Capital Partners, L.P. is a Delaware limited
partnership. Its sole general partner is WCAS CP Partners, a New York
general partnership.
WCAS Venture Partners is a New York limited partnership. Its
sole general partner is WCAS Ventures, a New York general partnership.
