UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
EverCommerce Inc.
(Name of Issuer)
Common stock, $0.00001 par value
(Titles of Class of Securities)
29977X105
(CUSIP Number)
December 31, 2021
(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)
☒ Rule 13d-1(d)
* | The remainder of this cover page shall be filled out of 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, as amended (the “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. 29977X105 | Schedule 13G |
1 | NAME OF REPORTING PERSON
SLA CM Eclipse Holdings, 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
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 5 | SOLE VOTING POWER
- 0 - | ||||
6 | SHARED VOTING POWER
60,829,040 | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
60,829,040 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,829,040 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
31.1% | |||||
12 | TYPE OF REPORTING PERSON
PN |
2
CUSIP No. 29977X105 | Schedule 13G |
1 | NAME OF REPORTING PERSON
SLA Eclipse Co-Invest, 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
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 5 | SOLE VOTING POWER
- 0 - | ||||
6 | SHARED VOTING POWER
6,256,096 | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
6,256,096 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,256,096 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.2% | |||||
12 | TYPE OF REPORTING PERSON
PN |
3
CUSIP No. 29977X105 | Schedule 13G |
1 | NAME OF REPORTING PERSON
SLA CM GP, L.L.C. | |||||
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
- 0 - | ||||
6 | SHARED VOTING POWER
60,829,040 | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
60,829,040 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,829,040 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
31.1% | |||||
12 | TYPE OF REPORTING PERSON
OO |
4
CUSIP No. 29977X105 | Schedule 13G |
1 | NAME OF REPORTING PERSON
SL Alpine Aggregator GP, L.L.C. | |||||
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
- 0 - | ||||
6 | SHARED VOTING POWER
60,829,040 | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
60,829,040 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,829,040 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
31.1% | |||||
12 | TYPE OF REPORTING PERSON
OO |
5
CUSIP No. 29977X105 | Schedule 13G |
1 | NAME OF REPORTING PERSON
SLA Co-Invest, GP, L.L.C. | |||||
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
- 0 - | ||||
6 | SHARED VOTING POWER
6,256,096 | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
6,256,096 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,256,096 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.2% | |||||
12 | TYPE OF REPORTING PERSON
OO |
6
CUSIP No. 29977X105 | Schedule 13G |
1 | NAME OF REPORTING PERSON
Silver Lake Alpine Associates, 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
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 5 | SOLE VOTING POWER
- 0 - | ||||
6 | SHARED VOTING POWER
60,829,040 | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
60,829,040 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,829,040 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
31.1% | |||||
12 | TYPE OF REPORTING PERSON
PN |
7
CUSIP No. 29977X105 | Schedule 13G |
1 | NAME OF REPORTING PERSON
SLAA (GP), L.L.C. | |||||
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
- 0 - | ||||
6 | SHARED VOTING POWER
60,829,040 | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
60,829,040 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,829,040 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
31.1% | |||||
12 | TYPE OF REPORTING PERSON
OO |
8
CUSIP No. 29977X105 | Schedule 13G |
1 | NAME OF REPORTING PERSON
Silver Lake Group, L.L.C. | |||||
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
- 0 - | ||||
6 | SHARED VOTING POWER
67,085,136 | |||||
7 | SOLE DISPOSITIVE POWER
- 0 - | |||||
8 | SHARED DISPOSITIVE POWER
67,085,136 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
67,085,136 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
34.3% | |||||
12 | TYPE OF REPORTING PERSON
OO |
9
Item 1(a). Name of Issuer:
EverCommerce Inc.
Item 1(b). Address of Issuer’s Principal Executive Offices:
3601 Walnut Street, Suite 400
Denver, Colorado 80205
Item 2(a). Name of Person Filing:
This Schedule 13G is being filed jointly by SLA CM Eclipse Holdings, L.P. , a Delaware limited partnership (“SLA Eclipse”), SLA Eclipse Co-Invest, L.P., a Delaware limited partnership (“SLA Co-Invest”), SLA CM GP, L.L.C., a Delaware limited liability company (“SLA CM GP”), SL Alpine Aggregator GP, L.L.C., a Delaware limited liability company (“SLA CM Aggregator”), SLA Co-Invest, GP, L.L.C., a Delaware limited liability company (“SLA Co-Invest GP”), Silver Lake Alpine Associates, L.P., a Delaware limited partnership (“SLAA”), SLAA (GP), L.L.C. a Delaware limited liability company (“SLAA GP”) and Silver Lake Group, L.L.C., a Delaware limited liability company (“SLG”) (each a “Reporting Person” and, together, the “Reporting Persons”), pursuant to an agreement of joint filing.
The general partner of SLA Eclipse is SLA CM GP and the sole member of SLA CM GP is SLA CM Aggregator. The managing member of SLA CM Aggregator is SLAA. The general partner of SLAA is SLAA GP. The general partner of SLA Co-Invest is SLA Co-Invest GP. SLG is the managing member of each of SLAA GP and SLA Co-Invest GP.
Item 2(b). Address of Principal Business Office or, if none, Residence:
The principal business address of each of the Reporting Persons is as follows:
c/o Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park, CA 94025
Item 2(c). Citizenship:
See response to Item 4 of each of the cover pages and Item 2(a) above.
Item 2(d). Titles of Classes of Securities:
Common Stock, $0.00001 par value (“Common Stock”).
Item 2(e). CUSIP Number:
29977X105
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a(n):
(a) | ☐ | Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78o). | ||
(b) | ☐ | Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c). | ||
(c) | ☐ | Insurance company as defined in Section 3(a)(19) of the Exchange 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). |
10
(e) | ☐ | Investment adviser in accordance with §240.13d-1(b)(1)(ii)(E). | ||
(f) | ☐ | Employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F). | ||
(g) | ☐ | Parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G). | ||
(h) | ☐ | Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (13 U.S.C. 1813). | ||
(i) | ☐ | 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) | ☐ | 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). |
If filing as a non-U.S. institution in accordance with §240. 13d-1(b)(1)(ii)(J), please specify the type of institution:
Item 4. Ownership.
(a) | Amount Beneficially Owned: |
The information contained in rows 5, 6, 7, 8, 9, 10, and 11 on each of the cover pages of this Schedule 13G is incorporated by reference in its entirety into this Item 4.
The Reporting Persons may be deemed to beneficially own an aggregate of 67,085,136 shares of the Issuer’s Common Stock, consisting of (i) 60,829,040 shares of Common Stock held by SLA Eclipse and (ii) 6,256,096 shares of Common Stock held by SLA Co-Invest. The Common Stock held by the Reporting Persons represents 34.3% of the outstanding Common Stock of the Issuer.
The percentages of beneficial ownership in this Schedule 13G are based on 195,361,459 shares of Common Stock of the Issuer outstanding as of November 5, 2021, as reflected in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 9, 2021.
(b) | Percent of Class: |
See responses to Item 11 on each cover page and Items 2(a) and 4(a) above.
(c) | Number of shares as to which such person has: |
(i) | Sole power to vote or to direct the vote: |
See responses to Item 5 on each cover page and Items 2(a) and 4(a) above.
(ii) | Shared power to vote or to direct the vote: |
See responses to Item 6 on each cover page and Items 2(a) and 4(a) above.
(iii) | Sole power to dispose or to direct the disposition of: |
See responses to Item 7 on each cover page and Items 2(a) and 4(a) above.
(iv) | Shared power to dispose or to direct the disposition of: |
See responses to Item 8 on each cover page and Items 2(a) and 4(a) above.
11
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.
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.
Not applicable.
12
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.
Dated: February 11, 2022
SLA CM ECLIPSE HOLDINGS, L.P. | ||
By: | SLA CM GP, L.L.C, its general partner | |
By: | /s/ Andrew J. Schader | |
Name: | Andrew J. Schader | |
Title: | Managing Director | |
SLA ECLIPSE CO-INVEST, L.P. | ||
By: | SLA Co-Invest, GP, L.L.C., its general partner | |
By: | Silver Lake Group, L.L.C., its managing | |
member | ||
By: | /s/ Andrew J. Schader | |
Name: | Andrew J. Schader | |
Title: | Managing Director and General Counsel | |
SLA CM GP, L.L.C. | ||
By: | /s/ Andrew J. Schader | |
Name: | Andrew J. Schader | |
Title: | Managing Director | |
SL ALPINE AGGREGATOR GP, L.L.C. | ||
By: | Silver Lake Alpine Associates, L.P., its managing member | |
By: | SLAA (GP), L.L.C., its general partner | |
By: | Silver Lake Group, L.L.C., its managing | |
member | ||
By: | /s/ Andrew J. Schader | |
Name: | Andrew J. Schader | |
Title: | Managing Director and General Counsel | |
SLA CO-INVEST, GP, L.L.C. | ||
By: | Silver Lake Group, L.L.C., its managing member | |
By: | /s/ Andrew J. Schader | |
Name: | Andrew J. Schader | |
Title: | Managing Director and General Counsel |
SILVER LAKE ALPINE ASSOCIATES, L.P. | ||
By: | SLAA (GP), L.L.C., its general partner | |
By: | Silver Lake Group, L.L.C., its managing member | |
By: | /s/ Andrew J. Schader | |
Name: | Andrew J. Schader | |
Title: | Managing Director and General Counsel | |
SLAA (GP), L.L.C. | ||
By: | Silver Lake Group, L.L.C., its managing | |
member | ||
By: | /s/ Andrew J. Schader | |
Name: | Andrew J. Schader | |
Title: | Managing Director and General Counsel | |
SILVER LAKE GROUP, L.L.C. | ||
By: | /s/ Andrew J. Schader | |
Name: | Andrew J. Schader | |
Title: | Managing Director and General Counsel |
Exhibit Index
Exhibit 1 | Agreement of Joint Filing as required by Rule 13d-1(k)(1) under the Act. |