<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b)(c) AND (d) AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. 1)(1)
@Entertainment, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01
- --------------------------------------------------------------------------------
(Title of Class of Securities)
045920-10-1
- --------------------------------------------------------------------------------
(CUSIP Number)
August 4, 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)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Continued on the following pages)
(Page 1 of 8 Pages)
- ------------------
(1) 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 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> 2
CUSIP NO. 045920-10-1 13G Page 2 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT INTERNATIONAL CORPORATION
- --------------------------------------------------------------------------------
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
. 5,216,431
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 5,216,431
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,216,431
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.7%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO, IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 3
CUSIP NO. 045920-10-1 13G Page 3 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT ECO III LIMITED LIABILITY COMPANY
- --------------------------------------------------------------------------------
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
. NONE
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH NONE
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
NONE
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 4
CUSIP NO. 045920-10-1 13G Page 4 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ECO HOLDINGS III LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. NONE
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH NONE
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
NONE
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 5
CUSIP NO. 045920-10-1 13G Page 5 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT CENTRAL EUROPE MANAGEMENT LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. 838,856
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 838,856
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
838,856
- --------------------------------------------------------------------------------
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 INSTRUCTION BEFORE FILLING OUT!
<PAGE> 6
CUSIP NO. 045920-10-1 13G Page 6 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT PRIVATE EQUITY FUND - CENTRAL EUROPE LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. 838,856
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 838,856
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
838,856
- --------------------------------------------------------------------------------
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 INSTRUCTION BEFORE FILLING OUT!
<PAGE> 7
CUSIP NO. 045920-10-1 13G Page 7 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT GLOBAL MANAGEMENT LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. 1,447,024
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 1,447,024
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,447,024
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.3%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 8
CUSIP NO. 045920-10-1 13G Page 8 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT GLOBAL GECC LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. 1,447,024
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 1,447,024
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,447,024
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.3%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 9
CUSIP NO. 045920-10-1 13G Page 9 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT INTERNATIONAL LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. 5,166,149
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 5,166,149
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,166,149
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.5%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 10
CUSIP NO. 045920-10-1 13G Page 10 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT EURO-ITALIAN DIRECT INVESTMENT PROGRAM LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. 206,019
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 206,019
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
206,019
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.6%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 11
CUSIP NO. 045920-10-1 13G Page 11 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GLOBAL PRIVATE EQUITY II LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. 2,110,420
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 2,110,420
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,110,420
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.3%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 12
CUSIP NO. 045920-10-1 13G Page 12 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GLOBAL PRIVATE EQUITY II - PGGM LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. 239,522
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 239,522
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
239,522
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.7%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 13
CUSIP NO. 045920-10-1 13G Page 13 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GLOBAL PRIVATE EQUITY II - EUROPE LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. 324,308
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 324,308
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
324,308
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.0%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 14
CUSIP NO. 045920-10-1 13G Page 14 of 21 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT PARTNERS LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
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
. 50,282
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 50,282
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
50,282
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.2%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 15
CUSIP NO. 045920-10-1 Schedule 13G-Amended Page 15 of 21
ITEM 1.
(a) (b) This statement on Schedule 13G relates to the Reporting
Persons' (as defined in Item 2 below) beneficial ownership interest in
@Entertainment Inc. a Delaware corporation (the "Corporation"). The address of
the principal executive office of the Corporation is One Commercial Plaza,
Hartford, CT 06103.
This statement is being filed to report certain changes in beneficial
ownership since the last filing of this statement.
ITEM 2.
(a) (b) (c) This statement is being filed by the following entities:
(1) Advent International Corporation, a Delaware corporation;
(2) Advent ECO III Limited Liability Company, a Massachusetts
limited liability company;
(3) ECO Holdings III Limited Partnership, a Delaware limited
partnership;
(4) Advent Central Europe Management Limited Partnership, a Delaware
limited partnership;
(5) Advent Private Equity Fund - Central Europe Limited Partnership,
a Delaware limited partnership;
(6) Advent Global Management Limited Partnership, a Delaware limited
partnership;
(7) Advent Global GECC Limited Partnership, a Delaware limited
partnership;
(8) Advent International Limited Partnership, a Delaware limited
partnership;
(9) Advent Euro-Italian Direct Investment Program Limited
Partnership, a Delaware limited partnership;
(10) Global Private Equity II Limited Partnership, a Delaware limited
partnership;
(11) Global Private Equity II - PGGM Limited Partnership, a Delaware
limited partnership;
(12) Global Private Equity II - Europe Limited Partnership, a
Delaware limited partnership;
(13) Advent Partners Limited Partnership, a Delaware limited
partnership;
<PAGE> 16
CUSIP NO. 045920-10-1 Schedule 13G-Amended Page 16 of 21
The entities listed in subparagraph (1) through (13) above are herein
collectively referred to as the "Reporting Persons" and individually as a
"Reporting Person." The principal business address of all of the Reporting
Persons is c/o Advent International Corporation, 75 State Street, Boston, MA
02109.
(d) (e) This statement relates to the Common Stock, par value $0.01
per share, (the "Common Stock") of the Corporation named in Item 1 of this
statement. The CUSIP number associated with such Common Stock is 045920-10-1.
ITEM 3. FILING PURSUANT TO RULE 13d-1(b), OR 13d-2(b).
This statement is not being filed pursuant to Rule 13d-1(b), or
13d-2(b).
(THE REMAINDER OF THIS PAGE INTENTIALLY LEFT BLANK)
<PAGE> 17
CUSIP NO. 045920-10-1 Schedule 13G-Amended Page 17 of 21
ITEM 4. OWNERSHIP.
(a) (b) The following table sets forth the aggregate number and
percentage (based upon the number of shares of Common Stock outstanding as of
March 31, 1998) of the Common Stock beneficially owned by each Reporting Person
named in Item 2 of this statement. The aggregate number and percentage of the
Common Stock beneficially owned by each Reporting Person is calculated in
accordance with Rule 13d-3(d)(1).
<TABLE>
<CAPTION>
Number of Shares
---------------------------------- Percentage
Under of Shares
Reporting Person Common Warrants Total Outstanding
- ---------------- --------- -------- --------- -----------
<S> <C> <C> <C>
ECO Holdings III Limited Partnership(1) 0 0 0%
========= ========= ====
Advent ECO III Limited Liability Company(1) 0 0 0%
========= ========= ====
Advent Private Equity Fund - Central
Europe Limited Partnership (2) 838,856 838,856 2.5%
--------- --------- ----
Advent Central Europe Management
Limited Partnership (2) 838,856 838,856 2.5%
Advent Global GECC Limited
Partnership (3) 1,447,024 1,447,024 4.3%
--------- --------- ----
Advent Global Management Limited
Partnership (3) 1,447,024 1,447,024 4.3%
Advent Euro-Italian Direct Investment
Program Limited Partnership (4) 206,019 206,019 0.6%
Global Private Equity II Limited
Partnership (4) 2,110,420 2,110,420 6.3%
Global Private Equity II - PGGM
Limited Partnership (4) 239,522 239,522 0.7%
Global Private Equity II - Europe
Limited Partnership (4) 324,308 324,308 1.0%
--------- --------- ----
Advent International Limited
Partnership (2), (3), (4) 5,166,149 5,166,149 15.5%
--------- --------- ----
Advent Partners Limited Partnership (5) 50,282 50,282 0.2%
--------- --------- ----
Advent International Corporation (1)
(2), (3), (4), (5) 5,216,431 5,216,431 15.7%
========= ========= ====
Total Group Ownership 5,216,431 5,216,431 15.7%
========= ========= ====
</TABLE>
(1) Advent ECO III Limited Liability Company (the "LLC") is the
General Partner of ECO Holdings III Limited Partnership ("ECO-3"). Certain
members of the LLC are also limited partners of ECO-3, which are venture capital
funds managed by Advent International Corporation ("AIC"). As such, AIC has the
sole power to vote and dispose of the securities beneficially owned by the
indicated Reporting Persons. The beneficial ownership of AIC and the LLC derive
from such power.
(2) AIC is the General Partner of Advent International Limited
Partnership ("AILP"), the General Partner of Advent Central Europe Management
Limited Partnership ("ACEMLP"). ACEMLP, in turn, is the General Partner of
Advent Private Equity Fund - Central Europe Limited Partnership ("APEF"). APEF
is a limited partner of ECO-3 and a member of the LLC. As such, AIC has the sole
power to vote and dispose of the securities beneficially owned by the indicated
Reporting Persons. The beneficial ownership of AIC, AILP and ACEMLP derive from
such power.
<PAGE> 18
CUSIP NO. 045920-10-1 Schedule 13G-Amended Page 18 of 21
(3) AIC is the General Partner of Advent International Limited
Partnership ("AILP"), the General Partner of Advent Global Management Limited
Partnership ("AGMLP"). AGMLP, in turn, is the General Partner of Advent Global
GECC Limited Partnership ("GECC"). GECC is a limited partner of ECO-3 and a
member of the LLC. As such, AIC has the sole power to vote and dispose of the
securities beneficially owned by the indicated Reporting Persons. The beneficial
ownership of AIC, AILP and AGMLP derive from such power.
(4) AIC is the General Partner of Advent International Limited
Partnership ("AILP"), the General Partner of Advent Euro-Italian Direct
Investment Program Limited Partnership ("AEIDIP"), Global Private Equity II
Limited Partnership ("GPE-2"), Global Private Equity II - PGGM Limited
Partnership ("GPE-2P"), and Global Private Equity II - Europe Limited
partnership ("GPE-2E"). AEIDIP, GPE-2, GPE-2P and GPE-2E are limited partners of
ECO-3 and members of the LLC. As such, AIC has the sole power to vote and
dispose of the securities beneficially owned by the indicated Reporting Persons.
The beneficial ownership of AIC and AILP derive from such power.
(5) AIC is the General Partner of Advent Partners Limited
Partnership ("APLP"). APLP is a limited partner of ECO-3 and a member of the
LLC. As such, AIC has the sole power to vote and dispose of the securities
beneficially owned by the indicated Reporting Person. The beneficial ownership
of AIC derives from such power.
(c) Each of the Reporting Persons listed in the table set forth
above has sole voting and dispositive power over the Common Stock beneficially
owned by it as indicated above.
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.
(1) Effective August 4, 1998, ECO-3 and the LLC distributed a total
of 9,524,000 shares of the Corporation. Therefore, ECO-3 and the LLC no longer
own shares of the Corporation. These shares are now held directly by the limited
partners and members, respectively. The other limited partners of ECO-3 are
entities unaffiliated with AIC and whose ownership is not required to be
aggregated for group reporting purposes.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
The information for this item is contained on the individual cover pages
to this filing, and is incorporated herein by reference.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
<PAGE> 19
CUSIP NO. 045920-10-1 Schedule 13G-Amended Page 19 of 21
ITEM 10. CERTIFICATION.
By signing below we certify that, to the best of our knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
SIGNATURE
- ---------
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.
August 12, 1998
ADVENT INTERNATIONAL CORPORATION
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
ADVENT ECO III LIMITED LIABILITY COMPANY
By: Global Private Equity II
Limited Partnership, member
By: Advent International Limited Partnership,
General Partner
By: Advent International Corporation,
General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
ECO HOLDINGS III LIMITED PARTNERSHIP
By: Advent ECO III Limited Liability Company
By: Global Private Equity II Limited Partnership, a member
By: Advent International Limited Partnership,
Its General Partner
By: Advent International Corporation,
Its General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
ADVENT PRIVATE EQUITY FUND - CENTRAL EUROPE LIMITED PARTNERSHIP
By: Advent Central Europe Management Limited Partnership,
Its General Partner
By: Advent International Limited Partnership,
Its General Partner
By: Advent International Corporation,
Its General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
<PAGE> 20
CUSIP NO. 045920-10-1 Schedule 13G-Amended Page 20 of 21
ADVENTCENTRAL EUROPE MANAGEMENT LIMITED PARTNERSHIP
By: Advent International Limited Partnership,
Its General Partner
By: Advent International Corporation,
Its General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
ADVENT GLOBAL GECC LIMITED PARTNERSHIP
By: Advent Global Management Limited Partnership,
Its General Partner
By: Advent International Limited Partnership,
Its General Partner
By: Advent International Corporation,
Its General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
ADVENT EURO-ITALIAN DIRECT INVESTMENT PROGRAM LIMITED PARTNERSHIP
By: Advent International Limited Partnership,
Its General Partner
By: Advent International Corporation,
Its General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
GLOBAL PRIVATE EQUITY II LIMITED PARTNERSHIP
By: Advent International Limited Partnership,
Its General Partner
By: Advent International Corporation,
Its General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
<PAGE> 21
CUSIP NO. 045920-10-1 Schedule 13G-Amended Page 21 of 21
GLOBAL PRIVATE EQUITY II - PGGM LIMITED PARTNERSHIP
By: Advent International Limited Partnership,
Its General Partner
By: Advent International Corporation,
Its General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
GLOBAL PRIVATE EQUITY II - EUROPE LIMITED PARTNERSHIP
By: Advent International Limited Partnership,
Its General Partner
By: Advent International Corporation,
Its General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
ADVENT PARTNERS LIMITED PARTNERSHIP
By: Advent International Corporation,
Its General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
----------------------------------------
