SC 13G Amendment No. 2

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G/A

(Rule 13d-102)

Information Statement Pursuant to Rules 13d-1 and 13d-2

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

Bright Horizons Family Solutions Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

109194100

(CUSIP Number)

December 31, 2015

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter 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).

 

 

 


CUSIP No. 109194100    13G/A    Page 2 of 14 Pages

 

  1.   

NAME OF REPORTING PERSON

 

BCIP Associates - G

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

2,165 Shares

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

2,165 Shares

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,165 Shares

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

Less than 0.1%

12.  

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 109194100    13G/A    Page 3 of 14 Pages

 

  1.   

NAME OF REPORTING PERSON

 

Bain Capital Fund X, L.P.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

16,315,603 Shares

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

16,315,603 Shares

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

16,315,603 Shares

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

27.2%

12.  

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 109194100    13G/A    Page 4 of 14 Pages

 

  1.   

NAME OF REPORTING PERSON

 

BCIP Associates III, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

114,533 Shares

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

114,533 Shares

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

114,533 Shares

10.  

CHECK 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


CUSIP No. 109194100    13G/A    Page 5 of 14 Pages

 

  1.   

NAME OF REPORTING PERSON

 

BCIP T Associates III, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

49,732 Shares

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

49,732 Shares

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

49,732 Shares

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

Less than 0.1%

12.  

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 109194100    13G/A    Page 6 of 14 Pages

 

  1.   

NAME OF REPORTING PERSON

 

BCIP Associates III-B, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

20,793 Shares

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

20,793 Shares

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

20,793 Shares

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

Less than 0.1%

12.  

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 109194100    13G/A    Page 7 of 14 Pages

 

  1.   

NAME OF REPORTING PERSON

 

BCIP T Associates III-B, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

3,444 Shares

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

3,444 Shares

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,444 Shares

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

Less than 0.1%

12.  

TYPE OF REPORTING PERSON

 

PN


Item 1(a). Name of Issuer

The name of the issuer to which this filing on Schedule 13G/A relates is Bright Horizons Family Solutions Inc. (the “Company”).

 

Item 1(b). Address of Issuer’s Principal Executive Offices

The principal executive offices of the Company are located at 200 Talcott Avenue South, Watertown, Massachusetts 02472.

 

Item 2(a). Name of Person Filing

This statement is being filed on behalf of the following (collectively, the “Reporting Persons”): (1) BCIP Associates – G, a Delaware general partnership (“BCIP-G”), (2) Bain Capital Fund X, L.P., a Cayman Islands exempted limited partnership (“Fund X”), (3) BCIP Associates III, LLC, a Delaware limited liability company (“BCIP III”), (4) BCIP T Associates III, LLC, a Delaware limited liability company (“BCIP T III”), (5) BCIP Associates III-B, LLC, a Delaware limited liability company (“BCIP III-B”), and (6) BCIP T Associates III-B, LLC, a Delaware limited liability company (“BCIP T III-B”).

Bain Capital Investors, LLC (“BCI”), a Delaware limited liability company (“BCI”), is the managing partner of BCIP-G. BCI is the managing partner of BCIP Associates III, a Cayman Islands exempted limited partnership (“Associates III”), which is the manager of BCIP III. BCI is the managing partner of BCIP Associates III-B, a Cayman Islands exempted limited partnership (“Associates III-B”), which is the manager of BCIP III-B. BCI is the managing partner of BCIP Trust Associates III, a Cayman Islands exempted limited partnership (“Trust Associates III”), which is the manager of BCIP T III. BCI is the managing partner of BCIP Trust Associates III-B, a Cayman Islands exempted limited partnership (“Trust Associates III-B”), which is the manager of BCIP T III-B. BCI is the general partner of Bain Capital Partners X, L.P., a Cayman Islands exempted limited partnership (“Bain Capital Partners X”), which is the general partner of Fund X.

The Reporting Persons have entered into a Joint Filing Agreement, dated February 16, 2016, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act.

 

Item 2(b). Address of Principal Business Office or, if none, Residence

The principal business address of each of the Reporting Persons, Associates III, Associates III-B, Trust Associates III, Trust Associates III-B, Bain Capital Partners X and BCI is 200 Clarendon Street, Boston, MA 02116.

 

Item 2(c). Citizenship

Each of BCIP III, BCIP T III, BCIP III-B, BCIP T III-B, BCIP-G and BCI is organized under the laws of the State of Delaware. Fund X, Associates III, Associates III-B, Trust Associates III, Trust Associates III-B and Bain Capital Partners X are organized under the laws of the Cayman Islands.


Item 2(d). Title of Class of Securities

The class of equity securities of the Company to which this filing on Schedule 13G/A relates is Common Stock, par value $0.001 per share (“Common Stock”).

 

Item 2(e). CUSIP Number

The CUSIP number of the Company’s Common Stock is 109194100.

 

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable.

 

(a)    ¨    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)    ¨    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)    ¨    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)    ¨    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)    ¨    An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
(f)    ¨    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
(g)    ¨    A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
(h)    ¨    A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
(i)    ¨    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
(j)    ¨.    A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J).
(k)    ¨    Group, in accordance with §240.13d-1(b)(1)(ii)(K).

 

Item 4. Ownership

 

Item 4(a). Amount beneficially owned

This Schedule 13G/A is being filed on behalf of the Reporting Persons. As of the close of business on December 31, 2015, the following shares were held by the Reporting Persons:

BCIP-G held 2,165 shares of Common Stock of the Company, representing less than 0. 1% of the Company’s outstanding shares of Common Stock.

Fund X held 16,315,603 shares of Common Stock of the Company, representing approximately 27.2% of the Company’s outstanding shares of Common Stock.

BCIP III held 114,533 shares of Common Stock of the Company, representing approximately 0.2% of the Company’s outstanding shares of Common Stock.

BCIP T III held 49,732 shares of Common Stock of the Company, representing less than 0.1% of the Company’s outstanding shares of Common Stock.

BCIP III-B held 20,793 shares of Common Stock of the Company, representing less than 0.1% of the Company’s outstanding shares of Common Stock.


BCIP T III-B held 3,444 shares of Common Stock of the Company, representing less than 0.1% of the Company’s outstanding shares of Common Stock.

As a result of the foregoing and the relationships described in Item 2(a), the Reporting Persons may be deemed to beneficially own in the aggregate 16,506,270 shares of Common Stock of the Company, representing, in the aggregate, approximately 27.5% of the Company’s outstanding shares of Common Stock. The percentage of the Company’s outstanding shares of Common Stock held by the Reporting Persons is based on 60,038,228 shares of Common Stock outstanding, as of November 6, 2015, as reported in the Company’s prospectus supplement filed with the Securities and Exchange Commission on November 20, 2015.

 

Item 4(b). Percent of Class

See Item 4(a) hereof.

 

Item 4(c). Number of shares as to which such person has:

(i) sole power to vote or to direct the vote:

 

BCIP-G

     2,165   

Fund X

     16,315,603   

BCIP III

     114,533   

BCIP T III

     49,732   

BCIP III-B

     20,793   

BCIP T III-B

     3,444   

(ii) shared power to vote or to direct the vote: 0

(iii) sole power to dispose or to direct the disposition of:

 

BCIP-G

     2,165   

Fund X

     16,315,603   

BCIP III

     114,533   

BCIP T III

     49,732   

BCIP III-B

     20,793   

BCIP T III-B

     3,444   

(iv) shared power to dispose or to direct the disposition of: 0

 

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 or Control Person:

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

Not Applicable.


SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this Statement is true, complete and correct.

Dated: February 16, 2016

 

BCIP ASSOCIATES-G
By: Bain Capital Investors, LLC,
            its managing partner
Bain Capital Fund X, L.P.

By: Bain Capital Partners X, L.P.

            its general partner

By: Bain Capital Investors, LLC,

            its general partner,

BCIP Associates III, LLC

By: BCIP Associates III,

            its manager

By Bain Capital Investors, LLC,

            its managing partner

BCIP T Associates III, LLC

By: BCIP Trust Associates III

            its manager

By: Bain Capital Investors, LLC,

            its managing partner

BCIP Associates III-B, LLC

By: BCIP Associates III-B

            its manager

By: Bain Capital Investors, LLC,

            its managing partner

BCIP T Associates III-B, LLC

By: BCIP Trust Associates III-B

            its manager

By: Bain Capital Investors, LLC,

            its managing partner

By:  

/s/ Michael D. Ward

            Michael D. Ward
            Managing Director


Exhibit A

Agreement Regarding the Joint Filing of Schedule 13G/A

The undersigned hereby agree as follows:

(i) Each of them is individually eligible to use the Schedule 13G/A to which this Exhibit is attached, and such Schedule 13G/A is filed on behalf of each of them; and

(ii) Each of them is responsible for the timely filing of such Schedule 13G/A and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

Dated: February 16, 2016

 

BCIP ASSOCIATES-G
By: Bain Capital Investors, LLC,
            its managing partner
Bain Capital Fund X, L.P.
By: Bain Capital Partners X, L.P.
            its general partner
By: Bain Capital Investors, LLC,
            its general partner,
BCIP Associates III, LLC
By: BCIP Associates III,
            its manager

By Bain Capital Investors, LLC,

            its managing partner

BCIP T Associates III, LLC

By: BCIP Trust Associates III

            its manager

By: Bain Capital Investors, LLC,

            its managing partner

BCIP Associates III-B, LLC
By: BCIP Associates III-B
            its manager

By: Bain Capital Investors, LLC,

            its managing partner

BCIP T Associates III-B, LLC
By: BCIP Trust Associates III-B
            its manager

By: Bain Capital Investors, LLC,

            its managing partner


By:  

/s/ Michael D. Ward

            Michael D. Ward
            Managing Director