-----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, BKI2N2b3bKWM+hdQ1kfPHRSNbRRYAiR9K9fyT2Xwml/nYhmriX3KNVdA+TmOmiVa pBWFaQpZXaY+hInonUuW+A== 0000950135-04-005335.txt : 20041112 0000950135-04-005335.hdr.sgml : 20041111 20041112162503 ACCESSION NUMBER: 0000950135-04-005335 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20041112 DATE AS OF CHANGE: 20041112 GROUP MEMBERS: ADVENT CROWN FUND II C.V. GROUP MEMBERS: ADVENT EURO-ITALIAN DIRECT INVESTMENT PROGRAM L.P. GROUP MEMBERS: ADVENT EUROPEAN CO-INVESTMENT FUND LIMITED PARTNERSHIP GROUP MEMBERS: ADVENT GLOBAL GECC LIMITED PARTNERSHIP GROUP MEMBERS: ADVENT GLOBAL MANAGEMENT LIMITED PARTNERSHIP GROUP MEMBERS: ADVENT INTERNATIONAL LIMITED PARTNERSHIP GROUP MEMBERS: ADVENT PARTNERS (NA) GPE III LIMITED PARTNERSHIP GROUP MEMBERS: ADVENT PARTNERS GPE III LIMITED PARTNERSHIP GROUP MEMBERS: ADVENT PARTNERS LIMITED PARTNERSHIP GROUP MEMBERS: ADVENT PGGM GLOBAL LIMITED PARTNERSHIP GROUP MEMBERS: DIGITAL MEDIA & COMMUNICATIONS II LIMITED PARTNERSHIP GROUP MEMBERS: GLOBAL PRIVATE EQUITY III LIMITED PARTNERSHIP GROUP MEMBERS: GLOBAL PRIVATE EQUITY III-A LIMITED PARTNERSHIP GROUP MEMBERS: GLOBAL PRIVATE EQUITY III-B LIMITED PARTNERSHIP GROUP MEMBERS: GLOBAL PRIVATE EQUITY III-C LIMITED PARTNERSHIP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EVOLVING SYSTEMS INC CENTRAL INDEX KEY: 0001052054 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 841010843 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-54125 FILM NUMBER: 041139673 BUSINESS ADDRESS: STREET 1: 9777 MT PYRAMID COURT CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 3038021000 MAIL ADDRESS: STREET 1: 9777 MT PYRAMID COURT CITY: ENGLEWOOD STATE: CO ZIP: 80112 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ADVENT INTERNATIONAL CORP/MA CENTRAL INDEX KEY: 0001034196 IRS NUMBER: 042840139 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 75 STATE STREET CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6179519400 MAIL ADDRESS: STREET 1: 75 STATE STREET CITY: BOSTON STATE: MA ZIP: 02109 SC 13G 1 b52445adsc13g.txt ADVENT INTERNATIONAL CORPORATION CUSIP NO.30049R100 Schedule 13G Page 1 of 22 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (RULE 13D-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13D-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(b) (AMENDMENT NO. __________)(1) Evolving Systems, Inc. - -------------------------------------------------------------------------------- (Name of issuer) Common Stock, par value $0.001 - -------------------------------------------------------------------------------- (Title of class of securities) 30049R100 - -------------------------------------------------------------------------------- (CUSIP number) November 2, 2004 - -------------------------------------------------------------------------------- (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) (Continued on the following pages) (Page 1 of 22 Pages) - -------------------------------- (1)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 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.30049R100 Schedule 13G Page 2 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent International Corporation - ----------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ----------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 ----------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ----------------------------------------------------- OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ----------------------------------------------------- WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ----------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ----------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ----------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO, IA - ----------------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 3 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent International Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 3 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent Global Management Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 4 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent European Co-Investment Fund Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 5 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent Euro-Italian Direct Investment Program Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 6 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent Crown Fund II C.V. - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Netherlands - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 7 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Digital Media & Communications II Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 8 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent Global GECC III Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 9 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Global Private Equity III Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 10 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Global Private Equity III-A Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 11 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Global Private Equity III-B Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 12 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Global Private Equity III-C Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 13 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent PGGM Global Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 14 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent Partners GPE III Limited Partnership - ----------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ----------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 ----------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ----------------------------------------------------- OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ----------------------------------------------------- WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ----------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ----------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ----------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ----------------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 15 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent Partners Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 16 of 22
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advent Partners (NA) GPE III Limited Partnership - ------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) [ ] - ------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 2,899,998 ------------------------------------------------------ OWNED BY 7 SOLE DISPOSITIVE POWER EACH REPORTING PERSON 0 ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 2,899,998 - ------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,899,998 - ------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.37% - ------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------------------ SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO.30049R100 Schedule 13G Page 17 of 22 Item 1. - ------ (a) (b) This statement on Schedule 13G relates to the Reporting Persons' (as defined in Item 2 below) beneficial ownership interest in Evolving Systems, Inc. a Delaware corporation (the "Corporation"). The address of the principal executive office of the Corporation is 9777 Mount Pyramid Court, Suite 100, Englewood, Colorado 80112. Item 2. - ------ (a) (b) (c) This statement is being filed by the following entities: (1) Advent International Corporation, a Delaware corporation; (2) Advent International Limited Partnership, a Delaware limited partnership; (3) Advent Global Management Limited Partnership, a Delaware limited partnership; (4) Advent European Co-Investment Fund Limited Partnership, a Delaware limited partnership; (5) Advent Euro-Italian Direct Investment Program Limited Partnership, a Delaware limited partnership; (6) Advent Crown Fund II C.V., a Netherlands limited partnership; (7) Digital Media & Communications II Limited Partnership, a Delaware limited partnership; (8) Advent Global GECC III Limited Partnership, a Delaware limited partnership; (9) Global Private Equity III Limited Partnership, a Delaware limited partnership; (10) Global Private Equity III-A Limited Partnership, a Delaware limited partnership; (11) Global Private Equity III-B Limited Partnership, a Delaware limited partnership; (12) Global Private Equity III-C Limited Partnership, a Delaware limited partnership; (13) Advent PGGM Global Limited Partnership, a Delaware limited partnership; (14) Advent Partners GPE III Limited Partnership, a Delaware limited partnership; (15) Advent Partners Limited Partnership, a Delaware limited partnership; (16) Advent Partners (NA) GPE III Limited Partnership, a Delaware limited partnership; CUSIP NO.30049R100 Schedule 13G Page 18 of 22 The entities listed in subparagraph (1) through (16) above are herein collectively referred to as the "Reporting Persons" and individually as a "Reporting Person." The principal business address of all of the Reporting Persons is c/o Advent International Corporation, 75 State Street, Boston, MA 02109. (d) (e) This statement relates to the Common Stock, par value $0.001 per share, (the "Common Stock") of the Corporation named in Item 1 of this statement. The CUSIP number associated with such Common Stock is 30049R100. CUSIP NO.30049R100 Schedule 13G Page 19 of 22 Item 3. Filing pursuant to Rule 13d-1(b), or 13d-2(b) or (c). This statement is not being filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c). This statement is being filed pursuant to rule 13d-1(c). Item 4. Ownership. (a) (b) The following table sets forth the aggregate number and percentage (based upon the number of shares of Common Stock outstanding as of October 29, 2004) of the Common Stock beneficially owned by each Reporting Person named in Item 2 of this statement. The aggregate number and percentage of the Common Stock beneficially owned by each Reporting Person is calculated in accordance with Rule 13d-3(d)(1).
Number of Shares -------------------------------- Percentage Under of Shares Reporting Person Common Warrants Total Outstanding - ------------------------------------------------------------------- ------------------------------------------------- Advent International Corporation (1)(2)(3) 2,899,998 0 2,899,998 15.37 Advent International Limited Partnership (1)(2) 2,899,998 0 2,899,998 15.37 Advent Global Management Limited Partnership(2) 2,899,998 0 2,899,998 15.37 Advent European Co-Investment Program Limited Partnership (1) 2,899,998 0 2,899,998 15.37 Advent Euro-Italian Direct Investment Program Limited Partnership (1) 2,899,998 0 2,899,998 15.37 Advent Crown Fund II Limited Partnership (1) 2,899,998 0 2,899,998 15.37 Digital Media & Communications II Limited Partnership (1) 2,899,998 0 2,899,998 15.37 Advent Global GECC II Limited Partnership (2) 2,899,998 0 2,899,998 15.37 Global Private Equity III Limited Partnership (1) 2,899,998 0 2,899,998 15.37 Global Private Equity III-A Limited Partnership (1) 2,899,998 0 2,899,998 15.37 Global Private Equity III-B Limited Partnership (1) 2,899,998 0 2,899,998 15.37 Global Private Equity III-C Limited Partnership (1) 2,899,998 0 2,899,998 15.37 Advent PGGM Global Limited Partnership (1) 2,899,998 0 2,899,998 15.37 Advent Partners GPE III Limited Partnership (3) 2,899,998 0 2,899,998 15.37 Advent Partners Limited Partnership (3) 2,899,998 0 2,899,998 15.37 Advent Partners (NA) GPE III Limited Partnership (3) 2,899,998 0 2,899,998 15.37
(1) Advent International Corporation ("AIC") is the General Partner of Advent International Limited Partnership ("AILP") which in turn is the General Partner of the indicated Reporting Persons. As such, AIC has the sole power to vote and dispose of the securities owned by the indicated Reporting Persons. The beneficial ownership of AIC and AILP derive from such power. (2) Advent International Corporation ("AIC") is the General Partner of Advent International Limited Partnership ("AILP") which in turn is the General Partner of the Advent Global Management Limited Partnership ("AGMLP"), the General Partner of Advent Global CUSIP NO.30049R100 Schedule 13G Page 20 of 22 GECC III Limited Partnership. As such, AIC has the sole power to vote and dispose of the securities owned by the indicated Reporting Persons. The beneficial ownership of AIC and AILP derive from such power. (3) AIC is the General Partner of the indicated Reporting Person. As such, AIC has the power to vote and dispose of the securities of Advent Partners GPE III Limited Partnership, Advent Partners Limited Partnership and Advent Partners (NA) GPE III Limited Partnership. The beneficial ownership of AIC derives from such power. The Reporting Persons are members of a Section 13(d) group that beneficially owns the 2,899,998 shares of the Common Stock of the Corporation referred to in this report. In addition to the Reporting Persons, the members of the Section 13(d) group consist of Tertio Telecoms Group Ltd., an entity formed and registered in England and Wales, Apax Europe IV GP Co. Limited, a Guernsey corporation, Apax Europe IV, GP L.P., Apax Europe IV - A, L.P., a Delaware limited partnership, Apax Europe IV - B, L.P., an English limited partnership, Apax Europe IV - C GmbH & Co.KG, a German limited partnership, Apax Europe IV - D, L.P., an English limited partnership, Apax Europe IV - E, L.P., an English limited partnership, Apax Europe IV - F, C.V., a Netherlands limited partnership, and Apax Europe IV - G, C.V., a Netherlands limited partnership. Each of the Reporting Persons has sole power to vote or direct the vote and to dispose or direct the disposition over none (0) of the shares of Common Stock. Each of the Reporting Persons has shared power to vote or direct the vote and to dispose or direct the disposition over 2,899,998 of the shares of Common Stock. 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 Persons have ceased to be the beneficial owners 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. CUSIP NO.30049R100 Schedule 13G Page 21 of 22 The information for this item is contained in Item 2(a) and Item 4 of this filing, and is incorporated by reference into this Item 8. 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. CUSIP NO.30049R100 Schedule 13G Page 22 of 22 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. November 12, 2004 Advent European Co-Investment Fund Limited Partnership Advent Euro-Italian Direct Investment Program Limited Partnership Advent Crown Fund II C.V. Digital Media & Communications II Limited Partnership Global Private Equity III Limited Partnership Global Private Equity III-A Limited Partnership Global Private Equity III-B Limited Partnership Global Private Equity III-C Limited Partnership Advent PGGM Global Limited Partnership By: Advent International Limited Partnership, General Partner By: Advent International Corporation, General Partner By: Janet L. Hennessy, Vice President* Advent Global GECC III Limited Partnership By: Advent Global Management Limited Partnership, General Partnership By: Advent International Limited Partnership, General Partner By: Advent International Corporation, General Partner By: Janet L. Hennessy, Vice President* Advent International Limited Partnership Advent Partners GPE III Limited Partnership Advent Partners Limited Partnership Advent Partners (NA) GPE III Limited Partnership By: Advent International Corporation, General Partner By: Janet L. Hennessy, Vice President* ADVENT INTERNATIONAL CORPORATION By: Janet L. Hennessy, Vice President* *For all of the above: /s/ Janet L. Hennessy - ------------------------------------ Janet L. Hennessy, Vice President -----END PRIVACY-ENHANCED MESSAGE-----