UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
BUILDERS FIRSTSOURCE, INC.
--------------------------------------------------------------------------------
(Name of Issuer)
Common stock, par value $0.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
12008R-10-7
--------------------------------------------------------------------------------
(CUSIP Number)
Building Products, LLC
450 Lexington Avenue, Suite 3350
New York, New York 10017
(212) 286-8600
Attention: Paul S. Levy
With copies to:
Robert B. Pincus, Esq. Steven J. Gartner, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP Mark A. Cognetti, Esq.
One Rodney Square, P.O. Box 636 Willkie Farr & Gallagher LLP
Wilmington, Delaware 19899-0636 787 Seventh Avenue
(302) 651-3000 New York, NY 10019-6099
(212) 728-8000
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
March 14, 2008
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [ ]
NOTE:.Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 240.13d-7 for
other parties to whom copies are to be sent.
* 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 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).
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Building Products, LLC
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED None
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
None
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------------- ------------------------------------------------------------------
2
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
JLL Partners Fund V, L.P.
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 8,952,551.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
8,952,551.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,952,551.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.8%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------------- ------------------------------------------------------------------
3
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
JLL Associates V, L.P.
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 8,952,551.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
8,952,551.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,952,551.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.8%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
------------- ------------------------------------------------------------------
4
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
JLL Associates G.P. V, L.L.C.
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 8,952,551.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
8,952,551.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,952,551.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.8%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------------- ------------------------------------------------------------------
5
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Paul S. Levy
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 8,952,551.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
8,952,551.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,952,551.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.8%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
------------- ------------------------------------------------------------------
6
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Warburg Pincus Private Equity IX, L.P.
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 9,055,392.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
9,055,392.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,055,392.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
25.1%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
------------- ------------------------------------------------------------------
7
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Warburg Pincus IX, L.L.C.
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 9,055,392.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
9,055,392.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,055,392.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
25.1%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------------- ------------------------------------------------------------------
8
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Warburg Pincus Partners, LLC
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 9,055,392.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
9,055,392.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,055,392.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
25.1%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------------- ------------------------------------------------------------------
9
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Warburg Pincus LLC
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 9,055,392.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
9,055,392.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,055,392.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
25.1%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------------- ------------------------------------------------------------------
10
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Warburg Pincus & Co.
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 9,055,392.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
9,055,392.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,055,392.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
25.1%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
------------- ------------------------------------------------------------------
11
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Charles R. Kaye
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 9,055,392.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
9,055,392.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,055,392.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
25.1%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
------------- ------------------------------------------------------------------
11
SCHEDULE 13D
CUSIP No. 12008R-10-7
------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Joseph P. Landy
------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
------------- ------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
-------------------------- ----------- -----------------------------------------
7 SOLE VOTING POWER
None
----------- -----------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED 9,055,392.5
BY EACH REPORTING ----------- -----------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
None
----------- -----------------------------------------
10 SHARED DISPOSITIVE POWER
9,055,392.5
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,055,392.5
------------- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
25.1%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
------------- ------------------------------------------------------------------
12
Pursuant to Rule 13d-2 promulgated under the Securities Exchange Act of
1934, as amended, this Schedule 13D (this "Amendment No. 2") amends the Schedule
13D originally filed with the United States Securities and Exchange Commission
on March 2, 2006 (the "Original Schedule 13D"), as amended by Amendment 1
thereto filed on December 8, 2006 ("Amendment No. 1") (the Original Schedule
13D, as amended by Amendment No. 1 and this Amendment No. 2, are collectively
referred to herein as the "Schedule 13D"). This Amendment No. 2 relates to the
shares of the common stock, par value $0.01 per share (the "Common Stock"), of
Builders FirstSource, Inc., a Delaware corporation (the "Company"), owned by
Building Products, LLC, a Delaware limited liability company ("Building Products
LLC"); JLL Partners Fund V, L.P., a Delaware limited partnership ("JLL Fund V");
JLL Associates V, L.P., a Delaware limited partnership ("JLL Associates V") and
the general partner of JLL Fund V; JLL Associates G.P. V, L.L.C., a Delaware
limited liability company ("JLL Associates G.P. ") and the general partner of
JLL Associates V; Paul S. Levy, the sole member of JLL Associates G.P. (JLL Fund
V, JLL Associates V, JLL Associates G.P., and Mr. Levy collectively being the
"JLL Reporting Persons"); and Warburg Pincus Private Equity IX, L.P., a Delaware
limited partnership ("Warburg Pincus Fund IX"); Warburg Pincus IX, LLC, a New
York limited liability company and sole general partner of Warburg Pincus Fund
IX ("WP IX LLC"); Warburg Pincus Partners, LLC, a New York limited liability
company and sole member of WP IX LLC ("WPP LLC"); Warburg Pincus LLC, a New York
limited liability company that manages Warburg Pincus Fund IX ("WP LLC");
Warburg Pincus & Co., a New York general partnership and the managing member of
WPP LLC ("WP"); and Messrs. Charles R. Kaye and Joseph P. Landy, each a Managing
General Partner of WP and Co-President and Managing Member of WP LLC (Warburg
Pincus Fund IX, WP IX LLC, WPP LLC, WP LLC, WP, Mr. Kaye and Mr. Landy
collectively being the "Warburg Pincus Reporting Persons," and Building Products
LLC, the JLL Reporting Persons, and the Warburg Pincus Reporting Persons
collectively being the "Reporting Persons"). Except as specifically amended by
this Amendment No. 2, items in the Schedule 13D are unchanged.
Information in this Amendment No. 2 with respect to each of the Reporting
Persons is given solely by that particular Reporting Person, and none of the
other Reporting Persons has any responsibility for the accuracy or completeness
of information with respect to any other Reporting Person. Capitalized terms
used herein that are not defined herein have the meanings ascribed to them in
the Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 is hereby amended and supplemented by adding the following at the end
thereof:
On February 27, 2008, Warburg Pincus Fund IX purchased 50,000 shares of the
Company's Common Stock in the open market and at the prices set forth on
Schedule II hereto. On February 28, 2008, Warburg Pincus Fund IX purchased
34,107 shares of the Company's Common Stock in the open market and at the prices
set forth on Schedule II hereto. On February 29, 2008, Warburg Pincus Fund IX
purchased 36,963 shares of the Company's Common Stock in the open market and at
the prices set forth on Schedule II hereto. On March 3, 2008, Warburg Pincus
Fund IX
13
purchased 37,668 shares of the Company's Common Stock in the open market
and at the prices set forth on Schedule II hereto. On March 4, 2008, Warburg
Pincus Fund IX purchased 33,500 shares of the Company's Common Stock in the open
market and at the prices set forth on Schedule II hereto. On March 5, 2008,
Warburg Pincus Fund IX purchased 12,600 shares of the Company's Common Stock in
the open market and at the prices set forth on Schedule II hereto. On March 6,
2008, Warburg Pincus Fund IX purchased 34, 479 shares of the Company's Common
Stock in the open market and at the prices set forth on Schedule II hereto. On
March 7, 2008, Warburg Pincus Fund IX purchased 15,417 shares of the Company's
Common Stock in the open market and at the prices set forth on Schedule II
hereto. On March 10, 2008, Warburg Pincus Fund IX purchased 25,722 shares of the
Company's Common Stock in the open market and at the prices set forth on
Schedule II hereto. On March 11, 2008, Warburg Pincus Fund IX purchased 9,800
shares of the Company's Common Stock in the open market and at the prices set
forth on Schedule II hereto. On March 12, 2008, Warburg Pincus Fund IX purchased
500 shares of the Company's Common Stock in the open market and at the prices
set forth on Schedule II hereto. Such purchases total 330,341 shares of the
Company's Common Stock (hereinafter referred to as the "Purchased Securities").
Warburg Pincus Fund IX obtained the funds used to acquire the Purchased
Securities from capital contributions of its partners.
Item 4. Purpose of Transaction
Item 4 is hereby amended and supplemented by adding the following at the end
thereof:
The purchases by Warburg Pincus Fund IX of the Purchased Securities were
effected because of the belief that the Company represents an attractive
investment based on the Company's business prospects and strategy. Warburg
Pincus Fund IX intends to review its investment in the Company on a continuing
basis and, depending upon the price and availability of shares of the Company's
Common Stock, subsequent developments affecting the Company, the Company's
business and prospects, other investment and business opportunities available to
Warburg Pincus Fund IX, general stock market and economic considerations, tax
considerations and other factors considered relevant, may decide at any time to
increase or decrease the size of its investment in the Company.
Item 5. Interest in Securities of the Issuer(1)
Item 5(a) is hereby amended by replacing it in its entirety with the following:
(a) (i) Building Products LLC is the direct record owner of 17,605,103
shares of the Company's Common Stock, which represents 48.9% of the outstanding
shares of the Company's Common Stock, although Building Products LLC may not be
-----------------------------
(1) Calculation of beneficial ownership is based on 36,030,411 outstanding
shares of the Company's Common Stock as of February 29, 2008 as
reported in the Company's Annual Report on Form 10-K for the year ended
December 31, 2007, filed on March 5, 2008.
14
deemed to be the beneficial owner of these shares by virtue of the terms of the
Amended and Restated LLC Agreement adopted on February 27, 2006.
(ii) By virtue of its position as a member of Building
Products LLC and pursuant to the Amended and Restated LLC Agreement, JLL Fund V
may be deemed to be the beneficial owner of 8,952,551.5 shares of the Company's
Common Stock, which represents 24.8% of the outstanding shares of the Company's
Common Stock.
(iii) By virtue of its position as the general partner of JLL
Fund V, JLL Associates V may be deemed to be the beneficial owner of 8,952,551.5
shares of the Company's Common Stock, which represents 24.8% of the outstanding
shares of the Company's Common Stock.
(iv) By virtue of its position as the general partner of JLL
Associates V, JLL Associates G.P. may be deemed to be the beneficial owner of
8,952,551.5 shares of the Company's Common Stock, which represents 24.8% of the
outstanding shares of the Company's Common Stock.
(v) By virtue of his position as the sole managing member of
JLL Associates G.P., Mr. Levy may be deemed to be the beneficial owner of
8,952,551.5 shares of the Company's Common Stock, which represents 24.8% of the
outstanding shares of the Company's Common Stock.
(vi) By virtue of (i) its position as a member of Building
Products LLC and pursuant to the Amended and Restated LLC Agreement, (ii) its
purchases of the Additional Securities (as defined in Amendment No. 1), (iii)
its purchases of 39,585 shares of the Company's Common Stock in the open market
on March 14, 2007 and (iv) its purchases of the Purchased Securities, Warburg
Pincus Fund IX may be deemed to be the beneficial owner of 9,055,392.5 shares of
the Company's Common Stock, which represents 25.1% of the outstanding shares of
the Company's Common Stock.
(vii) Due to their respective relationships with Warburg
Pincus Fund IX and each other, the Warburg Pincus Reporting Persons may be
deemed to beneficially own, in the aggregate, 9,055,392.5 shares of the
Company's Common Stock, which represents 25.1% of the outstanding shares of the
Company's Common Stock.
Each of Building Products LLC, JLL Fund V, JLL Associates V, JLL
Associates G.P., WP, WPP LLC, WP LLC, Mr. Kaye, and Mr. Landy disclaim
beneficial ownership of the Common Stock. Each of the JLL Reporting Persons
disclaims beneficial ownership of shares of the Company's Common Stock reported
herein as beneficially owned by the Warburg Pincus Reporting Persons, and each
of the Warburg Pincus Reporting Persons disclaims beneficial ownership of shares
of the Company's Common Stock reported herein as beneficially owned by the JLL
Reporting Persons.
Item 5(b) is hereby amended by replacing it in its entirety with the following:
15
(b) Building Products LLC has no power to vote or dispose of shares of
the Company's Common Stock. Each of the JLL Reporting Persons shares with JLL
Fund V the power to vote or direct the vote and to dispose or direct the
disposition of 8,952,551.5 shares of the Company's Common Stock. Each of the
Warburg Pincus Reporting Persons shares with Warburg Pincus Fund IX the power to
vote or to direct the vote and to dispose or to direct the disposition of
9,055,392.5 shares of the Company's Common Stock.
Item 5(c) is hereby amended by replacing it in its entirety with the following:
On February 27, 2008, February 28, 2008, February 29, 2008, March 3,
2008, March 4, 2008, March 5, 2005, March 6, 2008, March 7, 2008, March 10,
2008, March 11, 2008 and March 12, 2008 Warburg Pincus Fund IX purchased on the
open market shares of the Company's Common Stock in the amounts, on the dates,
and at the price per share set forth on Schedule II hereto.
Except as set forth in this amended Item 5(c) and on Schedule II, no
other transactions in the Company's Common Stock were effected during the past
sixty days by any of the Reporting Persons.
16
SIGNATURES
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.
Dated: March 14, 2008
BUILDING PRODUCTS, LLC
/s/ Paul S. Levy
-----------------------------------
Paul S. Levy, Manager
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.
Dated: March 14, 2008
JLL PARTNERS FUND V, L.P.
By its General Partner, JLL Associates V, L.P.
By its General Partner, JLL Associates G.P. V,
L.L.C.
/s/ Paul S. Levy
------------------------------------
Paul S. Levy, Managing Member of JLL
Associates G.P. V, L.L.C.
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.
Dated: March 14, 2008
JLL ASSOCIATES V, L.P.
By its General Partner, JLL Associates G.P. V,
L.L.C.
/s/ Paul S. Levy
------------------------------------
Paul S. Levy, Managing Member of JLL
Associates G.P. V, L.L.C.
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.
Dated: March 14, 2008
JLL ASSOCIATES V, L.P.
/s/ Paul S. Levy
------------------------------------
Paul S. Levy, as Managing Member
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.
Dated: March 14, 2008
/s/ Paul S. Levy
------------------------------------
Paul S. Levy
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.
Dated: March 14, 2008
WARBURG PINCUS PRIVATE EQUITY IX, L.P.
By its General Partner, Warburg Pincus IX, LLC
By its Sole Member, Warburg Pincus Partners, LLC
By its Managing Member, Warburg Pincus & Co.
/s/ Scott A. Arenare
---------------------------------------
Scott A. Arenare
Partner
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.
Dated: March 14, 2008
WARBURG PINCUS IX, L.P.
By its General Partner, Warburg Pincus IX, LLC
By its Sole Member, Warburg Pincus Partners, LLC
By its Managing Member, Warburg Pincus & Co.
/s/ Scott A. Arenare
---------------------------------------
Scott A. Arenare
Partner
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.
Dated: March 14, 2008
WARBURG PINCUS PARTNERS, LLC
By its Managing Member, Warburg Pincus & Co.
/s/ Scott A. Arenare
---------------------------------------
Scott A. Arenare
Partner
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.
Dated: March 14, 2008
WARBURG PINCUS LLC
/s/ Scott A. Arenare
---------------------------------------
Scott A. Arenare
Partner
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.
Dated: March 14, 2008
WARBURG PINCUS & CO.
/s/ Scott A. Arenare
---------------------------------------
Scott A. Arenare
Partner
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.
Dated: March 14, 2008
/s/ Scott A. Arenare
---------------------------------------
Charles R. Kaye
By: Scott A. Arenare, Attorney-in-Fact
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.
Dated: March 14, 2008
/s/ Scott A. Arenare
---------------------------------------
Joseph P. Landy
By: Scott A. Arenare, Attorney-in-Fact
SCHEDULE II
Set forth below is a list of purchases of the Company's Common Stock made on the
open market by Warburg Pincus Fund IX on February 27, 2008, February 28, 2008,
February 29, 2008, March 3, 2008, March 4, 2008, March 5, 2005, March 6, 2008,
March 7, 2008, March 10, 2008, March 11, 2008 and March 12, 2008, in their
respective amounts and at their respective prices per share.
Date of Purchase Number of Shares of Common Stock Price Per Share
---------------- -------------------------------- ---------------
02/27/2008 600 $6.67
02/27/2008 1,600 $6.73
02/27/2008 100 $6.74
02/27/2008 100 $6.82
02/27/2008 800 $6.83
02/27/2008 800 $6.84
02/27/2008 100 $6.8425
02/27/2008 5,000 $6.85
02/27/2008 1,400 $6.86
02/27/2008 200 $6.87
02/27/2008 600 $6.88
02/27/2008 400 $6.89
02/27/2008 4,000 $6.90
02/27/2008 400 $6.91
02/27/2008 982 $6.92
02/27/2008 2,200 $6.93
02/27/2008 2,797 $6.94
02/27/2008 2,804 $6.95
02/27/2008 6,018 $6.96
02/27/2008 5,081 $6.97
02/27/2008 2,718 $6.98
02/27/2008 1,700 $6.99
02/27/2008 7,392 $7.00
02/27/2008 400 $7.01
02/27/2008 408 $7.02
02/27/2008 1,400 $7.03
02/28/2008 600 $6.91
02/28/2008 1,200 $6.93
02/28/2008 700 $6.94
02/28/2008 600 $6.95
02/28/2008 200 $6.96
02/28/2008 600 $6.97
02/28/2008 1,200 $6.98
02/28/2008 1,200 $6.99
02/28/2008 2,100 $7.00
02/28/2008 964 $7.01
02/28/2008 2,400 $7.02
02/28/2008 1,836 $7.03
02/28/2008 3,500 $7.04
02/28/2008 1,000 $7.05
02/28/2008 3,600 $7.06
02/28/2008 2,207 $7.07
02/28/2008 400 $7.08
02/28/2008 4,505 $7.09
02/28/2008 2,495 $7.10
02/28/2008 600 $7.13
02/28/2008 600 $7.15
02/28/2008 400 $7.19
02/28/2008 800 $7.20
02/28/2008 400 $7.22
02/29/2008 2,000 $6.78
02/29/2008 723 $6.79
02/29/2008 5,063 $6.80
02/29/2008 2,444 $6.81
02/29/2008 4,177 $6.82
02/29/2008 8,470 $6.83
02/29/2008 419 $6.84
02/29/2008 4,396 $6.85
02/29/2008 440 $6.86
02/29/2008 1,500 $6.88
02/29/2008 2,708 $6.90
02/29/2008 323 $6.92
02/29/2008 300 $6.94
02/29/2008 1,000 $6.95
02/29/2008 1,000 $7.00
02/29/2008 2,000 $7.04
03/03/2008 4,800 $6.40
03/03/2008 9,968 $6.41
03/03/2008 2,000 $6.44
03/03/2008 1,000 $6.45
03/03/2008 100 $6.46
03/03/2008 1,000 $6.47
03/03/2008 2,400 $6.48
03/03/2008 1,261 $6.49
03/03/2008 2,604 $6.50
03/03/2008 1,304 $6.51
03/03/2008 1,531 $6.52
03/03/2008 3,600 $6.54
03/03/2008 2,900 $6.55
03/03/2008 1,900 $6.59
03/03/2008 1,300 $6.68
03/04/2008 3,600 $6.34
03/04/2008 1,100 $6.35
03/04/2008 3,200 $6.36
03/04/2008 2,900 $6.40
03/04/2008 3,000 $6.41
03/04/2008 3,008 $6.42
03/04/2008 400 $6.43
03/04/2008 2,392 $6.45
03/04/2008 1,200 $6.46
03/04/2008 300 $6.47
03/04/2008 1,300 $6.48
03/04/2008 792 $6.49
03/04/2008 2,800 $6.50
03/04/2008 400 $6.51
03/04/2008 100 $6.52
03/04/2008 1,508 $6.53
03/04/2008 100 $6.54
03/04/2008 400 $6.55
03/04/2008 1,000 $6.57
03/04/2008 300 $6.58
03/04/2008 3,300 $6.59
03/04/2008 300 $6.60
03/04/2008 100 $6.62
03/05/2008 400 $6.63
03/05/2008 1,000 $6.64
03/05/2008 900 $6.66
03/05/2008 100 $6.67
03/05/2008 100 $6.68
03/05/2008 300 $6.69
03/05/2008 1,800 $6.70
03/05/2008 900 $6.71
03/05/2008 900 $6.72
03/05/2008 600 $6.73
03/05/2008 100 $6.74
03/05/2008 500 $6.75
03/05/2008 400 $6.76
03/05/2008 400 $6.77
03/05/2008 700 $6.80
03/05/2008 500 $6.81
03/05/2008 500 $6.82
03/05/2008 500 $6.83
03/05/2008 300 $6.88
03/05/2008 500 $6.89
03/05/2008 1,200 $6.91
03/06/2008 595 $6.38
03/06/2008 19 $6.39
03/06/2008 3,435 $6.40
03/06/2008 636 $6.41
03/06/2008 500 $6.42
03/06/2008 975 $6.43
03/06/2008 3,695 $6.44
03/06/2008 1,430 $6.45
03/06/2008 900 $6.46
03/06/2008 100 $6.47
03/06/2008 2,300 $6.48
03/06/2008 1,860 $6.49
03/06/2008 579 $6.50
03/06/2008 1,840 $6.51
03/06/2008 1,300 $6.52
03/06/2008 1,715 $6.53
03/06/2008 600 $6.54
03/06/2008 400 $6.55
03/06/2008 1,900 $6.56
03/06/2008 1,100 $6.58
03/06/2008 200 $6.59
03/06/2008 800 $6.60
03/06/2008 1,800 $6.61
03/06/2008 2,800 $6.62
03/06/2008 3,000 $6.63
03/07/2008 17 $6.52
03/07/2008 300 $6.53
03/07/2008 5,500 $6.55
03/07/2008 4,600 $6.56
03/07/2008 100 $6.57
03/07/2008 2,800 $6.58
03/07/2008 1,100 $6.59
03/07/2008 1,000 $6.60
03/10/2008 200 $6.45
03/10/2008 1,000 $6.46
03/10/2008 1,000 $6.47
03/10/2008 399 $6.48
03/10/2008 905 $6.49
03/10/2008 1,267 $6.50
03/10/2008 1,600 $6.51
03/10/2008 4,200 $6.52
03/10/2008 5,922 $6.53
03/10/2008 1,200 $6.54
03/10/2008 4,129 $6.55
03/10/2008 3,100 $6.56
03/10/2008 800 $6.57
03/11/2008 100 $6.39
03/11/2008 1,800 $6.40
03/11/2008 300 $6.43
03/11/2008 100 $6.44
03/11/2008 500 $6.45
03/11/2008 600 $6.48
03/11/2008 800 $6.50
03/11/2008 100 $6.51
03/11/2008 1,900 $6.53
03/11/2008 1,800 $6.55
03/11/2008 200 $6.56
03/11/2008 200 $6.57
03/11/2008 300 $6.58
03/11/2008 300 $6.59
03/11/2008 800 $6.60
03/12/2008 500 $6.75