<PAGE>
SECURITIES AND EXCHANGE COMMISSION,
WASHINGTON, D.C. 20549
----------------
Amendment No. 1 (Final Amendment) to
SCHEDULE TO and
Amendment No. 1 to
Schedule 13D
Under the Securities Exchange Act of 1934
EFTC CORPORATION
----------------
(Name of Subject Company (Issuer))
THAYER-BLUM FUNDING, L.L.C.
---------------------------
(Names of Filing Persons (Offeror))
COMMON STOCK, PAR VALUE $.01 PER SHARE
--------------------------------------
(Title of Class of Securities)
268443-10-8
-----------
(CUSIP Number of Class of Securities)
Jeffrey W. Goettman
Thayer-BLUM Funding, L.L.C.
1455 Pennsylvania Avenue, N.W.
Washington,. D.C. 20004
Telephone: (202) 371-0150
with a copy to:
Eric A. Stern, Esq.
Latham & Watkins
1001 Pennsylvania Ave. N.W.
Suite 1300
Washington, D.C. 20004
Telephone: (202) 637-2200
CALCULATION OF FILING FEE
--------------------------------------------------------------------------------
Transaction
Valuation* Amount of Filing Fee**
$22,500,000.00 $4,500.00
--------------------------------------------------------------------------------
*This calculation assumes the purchase of 5,625,000 shares of Common Stock of
EFTC Corporation.
**The filing fee, calculated in accordance with Rule 0-11(d) of the Securities
Exchange Act of 1934, equals 1/50th of one percent of the aggregate value of
cash offered by Thayer-BLUM Funding, L.L.C. for 5,625,000 shares of Common
Stock at $4.00 per share.
[X] Check the box if any part of the fee is offset as provided by
Rule 0-11(a)(2) and identify the filing with which the offsetting fee was
previously paid. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.
Amount Previously Paid: $4,500.00 Filing Party: Thayer-BLUM Funding, L.L.C.
Form or Registration: Schedule TO Date Filed: July 20, 2000
[ ] Check the box if the filing relates solely to preliminary communications
made before the commencement of a tender offer.
Check the appropriate boxes below to designate any transactions to which the
statement relates:
[X] third-party tender offer subject to Rule 14d-1.
[ ] issuer tender offer subject to Rule 13e-4.
[ ] going-private transaction subject to Rule 13e-3.
[X] amendment to Schedule 13D under Rule 13d-2.
Check the following box if the filing is a final amendment reporting the results
of the tender offer: [X]
* * * * *
<PAGE>
This Schedule TO ("Final Amendment"), amends Schedule 13D originally
filed on April 10, 2000 ("Original Schedule 13D") and Schedule TO originally
filed on July 20, 2000 ("Original Schedule TO"), relating to the offer by
Thayer-BLUM Funding, L.L.C. (the "Purchaser") to purchase up to 5,625,000 but
not less than 500,000 shares of common stock, par value $0.01 per share ("Common
Stock"), including the associated rights issued pursuant to the Rights Agreement
(as defined in the Offer to Purchase) (the "Rights" and together with the Common
Stock the "Shares"), of EFTC Corporation, a Colorado corporation (the
"Company"), for $4.00 per share, net to the seller in cash, without interest
thereon, upon the terms and conditions of the Offer to Purchase, dated July 19,
2000 (the "Offer to Purchase"), and in the related Letter of Transmittal (which
together with the Offer to Purchase collectively constitute the "Offer").
Capitalized terms used and not defined herein have the meanings assigned to such
terms in the Original Schedule TO and Original Schedule 13D.
* * * * *
AMENDMENT NO. 1 TO SCHEDULE 13D
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON THAYER-BLUM FUNDING, L.L.C.
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO (LIMITED LIABILITY COMPANY)
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON THAYER EQUITY INVESTORS IV, L.P.
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* PN
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON TC EQUITY PARTNERS IV, L.L.C.
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS SEE ITEM 3.
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO (LIMITED LIABILITY COMPANY)
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON TC MANUFACTURING HOLDINGS, L.L.C.
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO (LIMITED LIABILITY COMPANY)
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON TC CO-INVESTORS IV, LLC
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS SEE ITEM 3.
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
BENEFICIALLY 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO (LIMITED LIABILITY COMPANY)
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON TC MANAGEMENT PARTNERS IV, L.L.C.
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS SEE ITEM 3.
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO (LIMITED LIABILITY COMPANY)
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON FREDERIC V. MALEK
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS SEE ITEM 3.
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION USA
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
BENEFICIALLY 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON CARL J. RICKERTSEN
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS SEE ITEM 3.
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION USA
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
BENEFICIALLY 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON JEFFREY W. GOETTMAN
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS SEE ITEM 3.
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION USA
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON SUSAN GALLAGHER
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS SEE ITEM 3.
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION USA
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON RCBA STRATEGIC PARTNERS, L.P.
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3303833
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS WC
-------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
-------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* PN
-------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON BLUM CAPITAL PARTNERS, L.P.
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3205364
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* PN, IA
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON RICHARD C. BLUM & ASSOCIATES, INC.
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-2967812
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
--------------------------------------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY 35,735,837
-----------------------------------------------------
OWNED BY EACH 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
REPORTING PERSON 10 SHARED DISPOSITIVE POWER
WITH 35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* CO
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON RCBA GP, L.L.C.
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3303831
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO (LIMITED LIABILITY COMPANY)
--------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 268443 10 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON RICHARD C. BLUM
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b)
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS PF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION USA
--------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 35,735,837
-----------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
35,735,837
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,735,837
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
--------------------------------------------------------------------------------
<PAGE>
Items 1 and 4 through 7 of the Original Schedule 13D are hereby
amended and supplemented to include the following information:
Item 1 of the Original Schedule 13D is hereby amended and supplemented
to read in its entirety:
Item 1. Security: This Schedule 13D relates to (i) the Purchase of 5,625,000
--------
shares of Common Stock, (ii) the exchange of Senior Subordinated Exchangeable
Notes (the "March Notes") originally issued with an aggregate principal amount
of $54,000,000 on March 30, 2000 for $57,284,850 in Senior Subordinated
Convertible Notes issued August 23, 2000 (the "Convertible Notes"), which may be
converted into 22,203,430 shares of Common Stock at a conversion rate of $2.58
per share, and (iii) the exchange of Senior Subordinated Exchangeable Notes (the
"July Notes") originally issued with an aggregate principal amount of
$14,000,000 on July 14, 2000 and automatically converted into 14,233 shares of
Series B Convertible Preferred Stock (the "Convertible Preferred Stock") on
August 23, 2000 at a conversion price of $1.80 per share (initially convertible
into 7,907,407 shares of Common Stock).*
The March Notes paid interest on the unpaid $54,000,000 original
principal amount at a rate of 15% per annum, compounded quarterly, from March
30, 2000 through and including August 22, 2000. The July Notes paid interest on
the unpaid $14,000,000 original principal amount at a rate of 15% per annum,
compounded quarterly, from July 14, 2000 through and including August 22, 2000.
All interest accrued on the March Notes and July Notes was added to the
principal thereof, respectively, in accordance with their terms.
On August 23, 2000, the March Notes were automatically exchanged for
the Convertible Notes which will accrue interest on the unpaid principal amount
at a rate of 8.875% per annum, compounded quarterly, commencing on August 23,
2000 and ending on June 30, 2006 unless otherwise earlier redeemed.
On August 23, 2000, the July Notes were automatically exchanged into
14,233 shares of Convertible Preferred Stock which will accrue cumulative cash
dividends on the Liquidation Price (as defined therein) of each share of Series
B Convertible Preferred Stock at the rate of 8.875% per annum, from and
including August 23, 2000 until such shares are paid or converted to Common
Stock.
Issuer: EFTC Corporation
------ 9351 Grant Street
Denver, Colorado 80229.
*Note: The warrant to purchase 3,093,254 shares of Common Stock referenced in
the Original Schedule 13D was cancelled in accordance with its terms effective
as of August 23, 2000.
Item 4 (a) & (b) of the Original Schedule 13D is hereby amended and
supplemented by adding the following after the first paragraph:
The Purchase Agreement was amended on July 12, 2000 (the "Amended
Purchase Agreement") to reflect the purchase by the Purchaser of the July Notes
(as defined in item 1). In
<PAGE>
the Amended Purchase Agreement, the maximum number of shares subject to purchase
in the Tender Offer was reduced from 8,250,000 to 5,625,000.
Item 4(d) of the Original Schedule 13D is hereby amended and
supplemented by adding the following paragraph immediately after the first
paragraph:
The Purchaser's nominees for board of directors of the Company are:
Jeffrey W. Goettman, a Managing Director of Thayer Capital Partners, a private
equity investment fund based in Washington, D.C.; John C. Walker, a Partner of
BLUM Capital Partners, L.P., a San Francisco-based private equity and strategic
block investment firm; Douglas McCormick, a principal of Thayer Capital
Partners; Jose S. Medeiros, a Partner of RCBA Strategic Partners, L.P.; and
Michael B. Sweeny, an Associate at Thayer Capital Partners.
Item 5(a) of the Original Schedule 13D is hereby amended and
supplemented to read in its entirety:
Item 5. Interest in Securities of the Issuer:
------------------------------------
(a) The Reporting Persons listed in Item 2 above may be deemed to be members in
a group, in which case the Reporting Persons would be deemed to have
beneficial ownership of 35,735,837 shares of Common Stock which would
account for 78.3% of the Common Stock then outstanding on an as converted
basis.
Item 6 of the Original Schedule 13D is hereby amended and supplemented
by adding the following paragraph immediately after the first paragraph of the
Item:
At a special meeting of the Issuer's shareholders held on August 22,
2000, the shareholders approved the transactions contemplated by the Amended
Purchase Agreement, resulting in (i) the exchange of the March Notes for the
Convertible Notes, and (ii) conversion of the July Notes into 14,233 shares of
Convertible Preferred Stock. On August 23, 2000, the Convertible Notes and
14,233 shares of Convertible Preferred Stock were issued by the Company to the
Purchaser.
Pursuant to the Tender Offer, Purchaser accepted for purchase
5,625,000 shares of Common Stock on August 23, 2000.
Item 7 of the Original Schedule 13D is hereby amended and supplemented
by adding the following:
Exhibit A-1: First Amendment to the Securities Purchase Agreement
* * * * *
<PAGE>
AMENDMENT NO. 1 TO SCHEDULE TO (FINAL AMENDMENT)
Items 6, 11 and 12 of the Original Schedule TO, which incorporate by
reference the information contained in the Offer to Purchase, are hereby amended
and supplemented to include the following information:
Item 6 of the Original Schedule TO is amended by adding the following after
the first paragraph:
The Purchaser's nominees for board of directors of the Company are: Jeffrey
W. Goettman, a Managing Director of Thayer Capital Partners, a private equity
investment fund based in Washington, D.C.; John C. Walker, a Partner of BLUM
Capital Partners, L.P., a San Francisco-based private equity and strategic block
investment firm; Douglas McCormick, a principal of Thayer Capital Partners; Jose
S. Medeiros, a Partner of RCBA Strategic Partners, L.P.; and Michael B. Sweeny,
an Associate at Thayer Capital Partners.
Item 11 of the Original Schedule TO is amended by adding the following
after the first paragraph:
The Offer expired at 12:00 midnight, New York City time, on Tuesday, August
22, 2000. Pursuant to the Offer, based on a preliminary report from the
Depositary, 12,329,930 Shares were validly tendered and not withdrawn, including
555,713 Shares tendered pursuant to Notices of Guaranteed Delivery. This
represents 6,704,930 more Shares than the maximum number of 5,625,000 Shares
sought by Purchaser in the Tender Offer. The maximum 5,625,000 Shares will,
therefore, be purchased pro rata pursuant to Section 2 of the Offer to Purchase.
Item 12 of the Original Schedule TO is amended by adding the following
exhibit:
(a)(5)(iv) Text of the Press Release, dated August 24, 2000, issued by the
Purchaser.
<PAGE>
SIGNATURE
After due 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.
Dated: August 24, 2000
THAYER-BLUM FUNDING, L.L.C.
By: /s/ Jeffrey W. Goettman, Manager
THAYER EQUITY INVESTORS IV, L.P.
By: TC Equity Partners IV, L.L.C., its General Partner
By: /s/ Barry E. Johnson, Attorney-in-fact
TC EQUITY PARTNERS IV, L.L.C.
By: /s/ Barry E. Johnson, Attorney-in-fact
THAYER MANUFACTURING HOLDINGS, L.L.C.
By: TC CO-INVESTORS IV, LLC, its Managing Member
By: TC Management Partners IV, L.L.C., its Managing Member
By: /s/ Barry E. Johnson, Attorney-in-fact
TC CO-INVESTORS IV, LLC
By: TC Management Partners IV, L.L.C., its Managing Member
By: /s/ Barry E. Johnson, Attorney-in-fact
TC MANAGEMENT PARTNERS IV, L.L.C.
By: /s/ Barry E. Johnson, Attorney-in-fact
FREDERIC V. MALEK
By: /s/ Barry E. Johnson, Attorney-in-fact
CARL J. RICKERTSEN
By: /s/ Barry E. Johnson, Attorney-in-fact
<PAGE>
JEFFREY W. GOETTMAN
By: /s/ Barry E. Johnson, Attorney-in-fact
SUSAN GALLAGHER
By: /s/ Barry E. Johnson, Attorney-in-fact
RCBA STRATEGIC PARTNERS, L.P.
By: RCBA GP, L.L.C., its General Partner
By: /s/ Murray A. Indick, Member
RCBA GP, L.L.C.
By: /s/ Murray A. Indick, Member
RICHARD C. BLUM & ASSOCIATES, INC.
By: /s/ Murray A. Indick, Partner, General Counsel and Secretary
BLUM CAPITAL PARTNERS, L.P.
By: Richard C. Blum & Associates, Inc., its General Partner
By: /s/ Murray A. Indick, Partner, General Counsel and Secretary
RICHARD C. BLUM
By: /s/ Murray A. Indick, Attorney-in-fact
