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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) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(AMENDMENT NO.___)(1)
TWEETER HOME ENTERTAINMENT GROUP, INC.
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(Name of Issuer)
COMMON STOCK, $.01 par value
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(Title of class of securities)
901167-10-6
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(CUSIP Number)
December 31, 1998
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(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)
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(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 ("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).
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CUSIP No. 901167-10-6 SCHEDULE 13G Page 2 of 8 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT INTERNATIONAL CORPORATION
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
883,872
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 883,872
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
883,872
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.0%
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12. TYPE OF REPORTING PERSON*
CO, IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 8 Pages
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CUSIP No. 901167-10-6 SCHEDULE 13G Page 3 of 8 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT INTERNATIONAL LIMITED PARTNERSHIP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
. 883,872
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 883,872
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
883,872
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.0%
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12. TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 8 Pages
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CUSIP No. 901167-10-6 SCHEDULE 13G Page 4 of 8 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GLOBAL PRIVATE EQUITY II LIMITED PARTNERSHIP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5. SOLE VOTING POWER
. 642,041
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 642,041
-------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
642,041
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.4%
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12. TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 8 Pages
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CUSIP No. 901167-10-6 SCHEDULE 13G Page 5 of 8 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ADVENT DIRECT INVESTMENT PROGRAM LIMITED PARTNERSHIP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
BERMUDA
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5. SOLE VOTING POWER
. 241,831
NUMBER OF -------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY NONE
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 241,831
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8. SHARED DISPOSITIVE POWER
NONE
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
241,831
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.6%
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12. TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 8 Pages
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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).
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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
December 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 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) 629,760 12,281 642,041 9.4%
Advent Direct Investment Program
Limited Partnership (1) 237,204 4,627 241,831 3.6%
------- ------ ------- ----
Advent International Limited
Partnership (1) 866,964 16,908 883,872 13.0%
------- ------ ------- ----
Advent International Corporation 866,964 16,908 883,872 13.0%
======= ====== ======= ====
Total Group Ownership 866,964 16,908 883,872 13.0%
======= ====== ======= ====
</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.
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.
Not Applicable.
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.
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CUSIP NO. 901167-10-6 Schedule 13G Page 8 of 8
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.
February 9, 1999
Advent International Corporation
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
Advent International Limited Partnership
By: Advent International Corp., General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
Global Private Equity II Limited Partnership
By: Advent International L.P., General Partner
By: Advent International Corp., General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
Advent Direct Investment Program Limited Partnership
By: Advent International L.P., General Partner
By: Advent International Corp., General Partner
By: Janet L. Hennessy /s/ Janet L. Hennessy
Vice President -------------------------------
