<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)
Tweeter Home Entertainment Group, Inc.
-----------------------------------------
(Name of Issuer)
Common Stock, par value $0.01
-----------------------------------------
(Title of Class of Securities)
901167-10-6
-----------------------------------------
(CUSIP Number)
January 27, 1999
-----------------------------------------
(Date of event which requires filing of the 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)
(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
SCHEDULE 13G
CUSIP NO. 901167-10-6 PAGE 2 OF 8 PAGES
----------- -- --
- -------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
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
NUMBER OF 241,288
SHARES ---------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY
EACH NONE
REPORTING ---------------------------------------------------------
PERSON WITH (7) SOLE DISPOSITIVE POWER
241,288
---------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
NONE
- -------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
241,288
- -------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.4%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
CO,IA
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 8 Pages
<PAGE> 3
SCHEDULE 13G
CUSIP NO. 901167-10-6 PAGE 3 OF 8 PAGES
----------- -- --
- -------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
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
NUMBER OF 241,288
SHARES ---------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY
EACH NONE
REPORTING ---------------------------------------------------------
PERSON WITH (7) SOLE DISPOSITIVE POWER
241,288
---------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
NONE
- -------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
241,288
- -------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.4%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 8 Pages
<PAGE> 4
SCHEDULE 13G
CUSIP NO. 901167-10-6 PAGE 4 OF 8 PAGES
----------- -- --
- -------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
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
NUMBER OF 175,270
SHARES ---------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY
EACH NONE
REPORTING ---------------------------------------------------------
PERSON WITH (7) SOLE DISPOSITIVE POWER
175,270
---------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
NONE
- -------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
175,270
- -------------------------------------------------------------------------------
(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 INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 8 Pages
<PAGE> 5
SCHEDULE 13G
CUSIP NO. 901167-10-6 PAGE 5 OF 8 PAGES
----------- -- --
- -------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
ADVENT 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
BERMUDA
- -------------------------------------------------------------------------------
(5) SOLE VOTING POWER
NUMBER OF 66,018
SHARES ---------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY
EACH NONE
REPORTING ---------------------------------------------------------
PERSON WITH (7) SOLE DISPOSITIVE POWER
66,018
---------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
NONE
- -------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
66,018
- -------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.9%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 8 Pages
<PAGE> 6
CUSIP NO. 901167-10-6 SCHEDULE 13G PAGE 6 OF 8
ITEM 1.
(a) (b) This statement on Schedule 13G relates to the Reporting Persons'
(as defined in Item 2 below) beneficial ownership interest in Tweeter Home
Entertainment Group, Inc. a Delaware corporation (the "Corporation"). The
address of the principal executive office of the Corporation is 40 Hudson Road,
Canton, MA 02021.
ITEM 2.
(a) (b) (c) This statement is being filed by the following entities:
(1) Advent International Corporation, a Delaware corporation;
(2) Advent International Limited Partnership, a Delaware limited
partnership;
(3) Global Private Equity II Limited Partnership, a Delaware limited
partnership
(4) Advent Direct Investment Program Limited Partnership, a Bermuda
limited partnership;
The entities listed in subparagraph (1) through (4) 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 901167-10-6.
ITEM 3. FILING PURSUANT TO RULE 13G-1(b), OR 13G-2(b).
This statement is not being filed pursuant to Rule 13G-1(b), or 13G-2(b).
<PAGE> 7
CUSIP NO. 901167-10-6 SCHEDULE 13G PAGE 7 OF 8
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 January 27,
1999) 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 13G-3(d)(1).
<TABLE>
<CAPTION>
NUMBER OF SHARES
---------------- Percentage
Under of Shares
REPORTING PERSON Common Warrants Total Outstanding
- ---------------------------------------------------------- -------------------------------------------------------------
<S> <C> <C> <C> <C>
Global Private Equity II Limited Partnership (1) 162,989 12,281 175,270 2.5%
Advent Direct Investment Program Limited Partnership (1) 61,391 4,627 66,018 0.9%
------- ------ ------- ----
Advent International Limited Partnership (1) 224,380 16,908 241,288 3.4%
------- ------ ------- ----
Advent International Corporation 224,380 16,908 241,288 3.4%
======= ====== ======= ====
Total Group Ownership 224,380 16,908 241,288 3.4%
======= ====== ======= ====
</TABLE>
(1) Advent International Corporation ("AIC") is the General Partner of
Advent International Limited Partnership ("AILP") which in turn is the General
Partner of the indicated reporting persons. As such, AIC has the sole power to
vote and dispose of the securities owned by the indicated reporting persons. The
beneficial ownership of AIC and AILP derive from such power.
(c) Each of the Reporting Persons listed in the table set forth above have
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.
This statement is being filed to report the fact that each Reporting Person
and the Reporting Persons as a group have ceased to be the beneficial owners of
more that five percent of the Class of Securities.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not Applicable.
<PAGE> 8
CUSIP NO. 901167-10-6 SCHEDULE 13G PAGE 8 OF 8
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.
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.
March 18, 1999
Advent International Corporation
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
---------------------
Advent International Limited Partnership
By: Advent International Corporation, General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
---------------------
Global Private Equity II Limited Partnership
By: Advent International L.P., General Partner
By: Advent International Corp., General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
---------------------
Advent Direct Investment Program Limited Partnership
By: Advent International L.P., General Partner
By: Advent International Corp., General Partner
By: Janet L. Hennessy
Vice President /s/ Janet L. Hennessy
---------------------
