-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RoeEfacwBibXDyJeNUdRHXmlJX5GXN7K0RkAJyfZqlLqVAaiHeh/WJkU1iGVJggL g763SWD6+v7cZj5VRliQnQ== 0000899681-98-000072.txt : 19980218 0000899681-98-000072.hdr.sgml : 19980218 ACCESSION NUMBER: 0000899681-98-000072 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980217 SROS: NASD GROUP MEMBERS: BRIDGEWOOD CAPITAL PARTNERS, L.P. GROUP MEMBERS: CRESTWOOD CAPITAL INTERNATIONAL LTD. GROUP MEMBERS: CRESTWOOD CAPITAL PARTNERS II, L.P. GROUP MEMBERS: CRESTWOOD CAPITAL PARTNERS, L.P. GROUP MEMBERS: FURMAN SELZ INVESTMENTS LLC GROUP MEMBERS: FURMAN SELZ LLC GROUP MEMBERS: FURMAN SELZ MANAGEMENT (BVI) LTD. GROUP MEMBERS: FURMAN SELZ SBIC INVESTMENTS LLC GROUP MEMBERS: FURMAN SELZ SBIC L P GROUP MEMBERS: ING (U.S.) FINANCIAL HOLDINGS CORPORATION GROUP MEMBERS: ING BANK N.V. GROUP MEMBERS: ING MERGER, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FLEXIINTERNATIONAL SOFTWARE INC/CT CENTRAL INDEX KEY: 0001015464 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 061309427 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-52727 FILM NUMBER: 98541707 BUSINESS ADDRESS: STREET 1: 2 ENTERPRISE DRIVE CITY: SHELTON STATE: CT ZIP: 06484 BUSINESS PHONE: 2039253040 MAIL ADDRESS: STREET 1: TWO ENTERPRISE DRIVE CITY: SHELTON STATE: CT ZIP: 06484 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FURMAN SELZ SBIC L P CENTRAL INDEX KEY: 0000949259 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 230 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10169 MAIL ADDRESS: STREET 1: 230 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10169 SC 13G 1 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 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! 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! 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 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! 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! 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! 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! 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 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! 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! 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! 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! 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. 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 -----END PRIVACY-ENHANCED MESSAGE-----