SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
FLEXIINTERNATIONAL SOFTWARE, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
338923 10 5
(CUSIP Number)
December 11, 1997
(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)
*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 18 Pages
<PAGE>
SCHEDULE 13G
- ------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 2 of 18 Pages
- ------------------------------------------------------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Furman Selz SBIC, L.P.
- -------------------------------------------------------------------------------
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
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -----------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,907,680
------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 1,907,680
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,907,680
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|_|
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.9%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
- -----------------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 3 of 18 Pages
- -----------------------------------------------------------------------------
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Furman Selz SBIC Investments LLC
- ------------------------------------------------------------------------------
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
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,907,680
-------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
-------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 1,907,680
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,907,680
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.9%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
- -----------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 4 of 18 Pages
- -----------------------------------------------------------------------
- -----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Furman Selz Investments LLC
- -----------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -----------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,907,680
-----------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
-----------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 1,907,680
- -----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,907,680
- -----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
- -----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.9%
- -----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
- -----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT
<PAGE>
SCHEDULE 13G
- ---------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 5 of 18 Pages
- ---------------------------------------------------------------------
- -----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Furman Selz LLC
- -----------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 20,300
-----------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 2,004,380
-----------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 20,300
-----------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 2,004,380
- -----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,024,680
- -----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
- -----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.6%
- -----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
- -----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
- -----------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 6 of 18 Pages
- -----------------------------------------------------------------------
- ----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Crestwood Capital Partners, L.P.
- ----------------------------------------------------------------------------
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
- ----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES ----------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 54,300
----------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
----------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 54,300
- ----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
54,300
- ----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
- -----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.34%
- -----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- -----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
- -----------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 7 of 18 Pages
- -----------------------------------------------------------------------
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Crestwood Capital Partners II, L.P.
- ----------------------------------------------------------------------------
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
- ----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES -----------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,800
-----------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -----------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 1,800
- ----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,800
- ----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
- ----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.01%
- ----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
- ---------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 8 of 18 Pages
- ---------------------------------------------------------------------
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bridgewood Capital Partners, L.P.
- ----------------------------------------------------------------------------
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
- ----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES ----------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,300
----------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING ----------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 11,300
- ----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,300
- ----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
- ----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.07%
- ----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
- ---------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 9 of 18 Pages
- ---------------------------------------------------------------------
- ----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Crestwood Capital International Ltd.
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- ----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES ----------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 29,300
----------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING ----------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 29,300
- ----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
29,300
- ----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* |_|
- ----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.18%
- ----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
- ----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT
<PAGE>
SCHEDULE 13G
- -------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 10 of 18 Pages
- --------------------------------------------------------------------
- ----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Furman Selz Management (BVI) Ltd.
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- ----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES ----------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 29,300
----------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING ----------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 29,300
- ----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
29,300
- ----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
- ----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.18%
- ----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA
- ----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
- ---------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 11 of 18 Pages
- ---------------------------------------------------------------------
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ING Merger, Inc.
- ---------------------------------------------------------------------------
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
- ---------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES ---------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 2,024,680
---------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING ---------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 2,024,680
- ---------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,024,680
- ---------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |-|
- ---------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.6%
- ---------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ---------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
- --------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 12 of 18 Pages
- --------------------------------------------------------------------
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ING (U.S.) Financial Holdings Corporation
- ----------------------------------------------------------------------------
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
- ----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES ----------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 2,024,680
----------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING ----------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 2,024,680
- ----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,024,680
- ----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
- ----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.6%
- ----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
- -------------------------------------------------------------------
CUSIP No. 338923 10 5 Page 13 of 18 Pages
- -------------------------------------------------------------------
- ----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ING Bank N.V.
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
The Netherlands
- ----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES ----------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 2,024,680
----------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING ----------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 2,024,680
- ----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,024,680
- ----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
- ----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.6%
- ----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
BK
- ----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
ITEM 1(a). NAME OF ISSUER:
FlexiInternational Software, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
Two Enterprise Drive
Shelton, Connecticut 06484
Items 2(a),
(b) AND (c). NAME OF PERSON FILING; ADDRESS OF PRINCIPAL BUSINESS OFFICE;
CITIZENSHIP:
This statement is being filed by (a) Furman Selz SBIC, L.P., a
Delaware limited partnership ("Furman Selz SBIC"); (b) Furman Selz SBIC
Investments LLC, a Delaware limited liability company ("FS SBIC Investments"),
(c) Furman Selz Investments LLC, a Delaware limited liability company ("FS
Investments"); (d) Crestwood Capital Partners, L.P., a Delaware limited
partnership ("Crestwood"); (e) Crestwood Partners II, L.P., a Delaware limited
partnership ("Crestwood II"); (f) Bridgewood Capital Partners, L.P., a Delaware
limited partnership ("Bridgewood"); (g) Crestwood Capital International Ltd., a
partnership organized under the laws of the British Virgin
Islands("International"); (h) Furman Selz LLC, a Delaware limited liability
company ("Furman Selz"); (i) Furman Selz Management (BVI) Ltd., a company
organized under the laws of the British Virgin Islands ("Furman Selz
Management"); (j) ING Merger, Inc. a Delaware corporation ("ING Merger"); (k)
ING (U.S.) Financial Holdings Corporation, a Delaware corporation ("ING (U.S.)")
and (l) ING Bank N.V., a bank organized under the laws of The Netherlands
("ING Bank").
The business address of each of the Reporting Persons is c/o
Furman Selz LLC, 230 Park Avenue, New York, New York 10169, except as follows:
The business address for Crestwood International and Furman Selz
Management is c/o Furman Selz Financial Services, 12 Duke Lane, 3rd Floor,
Dublin 2, Ireland.
The business address for ING Merger, Inc. is 667 Madison Avenue,
New York, New York 10021.
The business address for ING (U.S.) is 135 East 57th Street, New
York, New York 10022.
The business address for ING Bank is P.O. Box 810, 1000 AV
Amsterdam, The Netherlands.
ING Bank owns 100% of ING (U.S.), which owns 100% of ING Merger,
which owns 100% of Furman Selz, which is the sole managing member, and owner of
99% of the interests of, FS Investments, which is the sole managing member, and
owner of 99% of the interests of, FS SBIC Investments. FS SBIC Investments is
the sole general partner of Furman Selz SBIC, which directly owns 1,907,680
shares of Common Stock of the Issuer.
Furman Selz is the sole general partner of Crestwood, Crestwood
II and Bridgewood, which beneficially own 54,300; 1,800 and 11,300 shares of
Common Stock, respectively. As such general partner, Furman Selz owns interests
in such partnerships of 3.89%, 4.32% and .71%, respectively.
Furman Selz has entered into an agreement pursuant to which it
acts as subadvisor to Furman Selz Management with respect to investments made by
Crestwood International. Furman Selz Management is the investment advisor to
Crestwood International.
Furman Selz also owns directly an additional 20,300 shares.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $0.01 per share
ITEM 2(e). CUSIP NUMBER:
338923 10 5
ITEM 3. Not Applicable
ITEM 4. OWNERSHIP:
(a) 2,024,680
(b) 12.6%
(c) (i) 20,300
(ii) 2,004,380
(iii) 20,300
(iv) 2,004,380
Furman Selz SBIC is the direct owner of 1,907,680 shares of
Common Stock. FS SBIC Investments, FS Investments, Furman Selz, ING Merger, ING
(U.S.) and ING Bank, by virtue of their control and ownership interests in
Furman Selz, and by virtue of their control and ownership interests, direct or
indirect, in Furman Selz SBIC, share voting and dispositive power over such
shares of Common Stock and therefore may be deemed to be beneficial owners
thereof.
Crestwood, Crestwood II, Bridgewood and Crestwood International are direct
owners of 54,300; 1,800; 11,300 and 29,300 shares of Common Stock, respectively.
ING Merger, ING (U.S.) and ING Bank, by virtue of their control and ownership
interests in Furman Selz, and Furman Selz, by virtue of its control and
ownership interests as the general partner of Crestwood, Crestwood II and
Bridgewood or as the subadvisor of Crestwood International, has voting and
dispositive power over such shares of Common Stock and therefore may be deemed
to be the beneficial owners thereof.
Furman Selz is a direct owner of 20,300 shares, NG Merger, ING
(U.S.) and ING Bank, by virtue of their ownership interest in and control over
Furman Selz, have voting and dispositive power such shares of Common Stock and
therefore may be deemed to be the beneficial owners thereof.
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:
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10. CERTIFICATION:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing
or influencing the control of the issuer of the securities and
were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
<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.
FURMAN SELZ SBIC, L.P.
By: /s/ BRIAN P. FRIEDMAN
Name: Brian P. Friedman
Title: President of General Partner
FURMAN SELZ INVESTMENTS SBIC, LLC
By: /s/ BRIAN P. FREIDMAN
Name: Brian P. Friedman
Title: President
FURMAN SELZ INVESTMENTS, LLC
By: /s/ BRIAN P. FRIEDMAN
Name: Brian P. Friedman
Title: President
FURMAN SELZ LLC
By: /s/ ROBERT J. MILLER
Name: Robert J. Miller
Title: Vice President - Treasurer
CRESTWOOD CAPITAL PARNTERS, L.P.
By: Furman Selz LLC, General Partner
By: /s/ ROBERT J. MILLER
Name: Robert J. Miller
Title: Vice President - Treasurer
CRESTWOOD CAPITAL PARTNERS II, L.P.
By: Furman Selz LLC, General Partner
By: /s/ ROBERT J. MILLER
Name: Robert J. Miller
Title: Vice President - Treasurer
BRIDGEWOOD CAPITAL PARTNERS, L.P.
By: Furman Selz LLC, General Partner
By: /s/ ROBERT J. MILLER
Name: Robert J. Miller
Title: Vice President - Treasurer
CRESTWOOD CAPITAL INTERNATIONAL LTD.
By: Furman Selz LLC, Sub-Advisor
By: /s/ ROBERT J. MILLER
Name: Robert J. Miller
Title: Vice President - Treasurer
FURMAN SELZ MANAGEMENT (BVI) LTD.
By: /s/ ROBERT J. MILLER
Name: Robert J. Miller
Title: Vice President - Treasurer
ING MERGER, INC.
By: /s ROBERT J. MILLER
Name: Robert J. Miller
Title: Vice President - Treasurer
ING (U.S.) FINANCIAL HOLDINGS CORPORATION
By: /s/ WILLIAM A. AUSTIN
Name: William A. Austin
Title: Secretary
ING BANK N.V.
By: /s/ DICK HAARSMA
Name: Dick Haarsma
Title: Global Head of Business Development
By: /s/ B. UYTTENBROEK
Name: B. Uyttenbroek
Title: Compliance Officer
Dated: February 17, 1998
