WARBURG PINCUS INVESTORS LP
SC 13G/A, 1999-02-11
Previous: EAST TEXAS FINANCIAL SERVICES INC, 10QSB, 1999-02-11
Next: WARBURG PINCUS INVESTORS LP, SC 13G/A, 1999-02-11



<PAGE>



                                                --------------------------------
                                                OMB APPROVAL
                                                --------------------------------
                                                OMB Number: 3235-0145
                                                Expires: August 31, 1999
                                                Estimated average burden
                                                hours per response.....14.90
                                                --------------------------------


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*

                                NOVA Corporation
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, par value $0.01 per share
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    669784100
                         ------------------------------
                                 (CUSIP Number)

                                 April 21, 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 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 6 Pages


SEC 1745 (3-98)

<PAGE>






- --------------------------                          ----------------------------
CUSIP No.  669784100                13G             Page  2    of  6       Pages
           ---------------                              ------    ---------
- --------------------------                          ----------------------------

- ---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Warburg, Pincus Investors, L.P.             I.D.# 13-3549187
- ---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                (a) [ ]

                                                                (b) [X]

- ---------- ---------------------------------------------------------------------
        3  SEC USE ONLY

- ---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
- -------------------- ------ ----------------------------------------------------
                         5  SOLE VOTING POWER

                            -0-
                     ------ ----------------------------------------------------
     NUMBER OF           6  SHARED VOTING POWER
      SHARES
   BENEFICIALLY             8,853,182
     OWNED BY
       EACH          ------ ----------------------------------------------------
    REPORTING            7  SOLE DISPOSITIVE POWER
      PERSON
       WITH                 -0-
       
                     ------ ----------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            8,853,182
- ---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           8,853,182
- ---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           12.3%
- ---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           PN
- ---------- ---------------------------------------------------------------------


                      *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>


- --------------------------                          ----------------------------
CUSIP No.  669784100                13G             Page  3    of  6       Pages
           ---------------                              ------    ---------
- --------------------------                          ----------------------------
- ---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Warburg, Pincus & Co.               I.D.# 13-6358475
- ---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                        (a) [ ]

                                                        (b) [X]

- ---------- ---------------------------------------------------------------------
        3  SEC USE ONLY

- ---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           New York
- -------------------- ------ ----------------------------------------------------
                         5  SOLE VOTING POWER

                            -0-
                     ------ ----------------------------------------------------
     NUMBER OF           6  SHARED VOTING POWER
      SHARES
   BENEFICIALLY             9,475,871
     OWNED BY
       EACH          ------ ----------------------------------------------------
     REPORTING           7  SOLE DISPOSITIVE POWER
      PERSON
       WITH                 -0-
       
                     ------ ----------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            9,475,871
- ---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           9,475,871
- ---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           13.2%
- ---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           PN
- ---------- ---------------------------------------------------------------------


                      *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>




- --------------------------                          ----------------------------
CUSIP No.  669784100                13G             Page  4    of  6       Pages
           ---------------                              ------    ---------
- --------------------------                          ----------------------------
- ---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           E.M. Warburg, Pincus & Co., LLC             I.D.# 13-3536050
- ---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a) [ ]

                                                                 (b) [X]

- ---------- ---------------------------------------------------------------------
        3  SEC USE ONLY

- ---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           New York
- -------------------- ------ ----------------------------------------------------
                         5  SOLE VOTING POWER

                            -0-
                     ------ ----------------------------------------------------
     NUMBER OF           6  SHARED VOTING POWER
      SHARES
   BENEFICIALLY             8,853,182
     OWNED BY
      EACH           ------ ----------------------------------------------------
    REPORTING            7  SOLE DISPOSITIVE POWER
      PERSON
       WITH                 -0-
       
                     ------ ----------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            8,853,182
- ---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           8,853,182
- ---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           12.3%
- ---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           OO
- ---------- ---------------------------------------------------------------------




                      *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>

     This Amendment No. 1 (this  "Amendment")  amends the Schedule 13G initially
filed by the  Reporting  Entities on February  14,  1997 (the  "Schedule  13G"),
relating to the Common Stock, par value $0.01 per share (the "Common Stock"), of
NOVA  Corporation,  a Georgia  corporation,  and is being filed pursuant to Rule
13d-2(b) of the General Rules and Regulations under the Securities  Exchange Act
of 1934 (the "Exchange Act"). Unless otherwise indicated,  all capitalized terms
used but not  defined  herein  shall  have the same  meaning as set forth in the
Schedule 13G.

     Introductory Note.
     ------------------

     The Reporting  Entities are hereby  reporting a change in their  beneficial
ownership of the Common Stock relating to the sale in April 1998 of an aggregate
of 2,233,588 shares of Common Stock by Warburg, Pincus Investors,  L.P. ("WPI"),
which,  as of the date of this Amendment,  directly owns an aggregate  8,853,182
shares of Common  Stock.  E.M.  Warburg,  Pincus & Co.,  LLC, a New York limited
liability company ("EMW LLC"), manages WPI. In addition,  Warburg, Pincus & Co.,
a New York general  partnership  ("WP"), the sole general partner of WPI, may be
deemed to  beneficially  own  622,689  shares of Common  Stock held by its asset
management  affiliate,  Warburg Pincus Asset  Management,  Inc., which WP may be
deemed to  control.  WP  disclaims  beneficial  ownership  of such  shares,  for
purposes of the Exchange Act or otherwise.

Item 4.  Ownership
         ---------

     Item 4 of the Schedule 13G is hereby  amended by deleting  such item in its
entirety and replacing it with the following:

Item 4.                       Ownership of WP:
- -------                       ----------------

                              (a)  9,475,871  shares  of  Common  Stock,  as  of
                                   December 31, 1998.

                              (b)  13.2%

                              (c)  (i)  -0-  
                                  (ii)   9,475,871
                                 (iii)  -0-
                                  (iv)   9,475,871

                              Ownership of WPI and EMW LLC:
                              -----------------------------

                              (a)  8,853,182  shares  of  Common  Stock,  as  of
                                   December 31, 1998.

                              (b)  12.3%

                              (c)  (i)  -0-  
                                  (ii)   8,853,182
                                 (iii)  -0-
                                  (iv)   8,853,182

                                  Page 5 of 6 Pages
<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.

Dated:  February 9, 1999


                              WARBURG, PINCUS INVESTORS, 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



                               Page 6 of 6 Pages



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission