-----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, WmmKNYYxtCA9dRneNEe5z+1PGdZbUE9lj3xYXUW9hA6D9fPENZ8aYQbYoqufjz+b YYWuEM0Raf30RC2XOzW4tw== 0000936392-07-000118.txt : 20070214 0000936392-07-000118.hdr.sgml : 20070214 20070214132534 ACCESSION NUMBER: 0000936392-07-000118 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070214 DATE AS OF CHANGE: 20070214 GROUP MEMBERS: MICHAEL E. TENNENBAUM GROUP MEMBERS: TENNENBAUM & CO., LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TNS INC CENTRAL INDEX KEY: 0001268671 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 364430020 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79770 FILM NUMBER: 07617487 BUSINESS ADDRESS: STREET 1: 11480 COMMERCE PARK DR. STREET 2: SUITE 600 CITY: RESTON STATE: VA ZIP: 20191-1406 BUSINESS PHONE: 7034538300 MAIL ADDRESS: STREET 1: 11480 COMMERCE PARK DR. STREET 2: SUITE 600 CITY: RESTON STATE: VA ZIP: 20191-1406 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TENNENBAUM CAPITAL PARTNERS LLC CENTRAL INDEX KEY: 0001169553 IRS NUMBER: 954759860 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2951 28TH STREET STREET 2: SUITE 1000 CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: 3105661000 MAIL ADDRESS: STREET 1: 2951 28TH STREET STREET 2: SUITE 1000 CITY: SANTA MONICA STATE: CA ZIP: 90405 FORMER COMPANY: FORMER CONFORMED NAME: SPECIAL VALUE INVESTMENT MANAGEMENT LLC DATE OF NAME CHANGE: 20020320 SC 13G/A 1 a27270sc13gza.htm AMENDMENT TO SCHEDULE 13G TNS, Inc.
 

     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)

TNS, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
872960109
(CUSIP Number)
December 31, 2006
(Date of Event Which Requires Filing of this Statement)

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

     o Rule 13d-1(b)

     þ Rule 13d-1(c)

     o 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 in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 

 

                     
CUSIP No.
  
CUSIP No. 872960109 
   Page  
2 
   of   
7 

 

           
1   NAMES OF REPORTING PERSONS:
Tennenbaum Capital Partners, LLC (IRS ID # 95-4759860) (1)
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   o
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Delaware
       
  5   SOLE VOTING POWER:
     
NUMBER OF   0 Shares
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   1,704,000 shares
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   0 Shares
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    1,704,000 shares
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  1,704,000 shares
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  7.1% (2)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  OO
(1) Tennenbaum Capital Partners, LLC serves as investment advisor to a fund which is the registered holder of the shares of Common Stock of TNS, Inc. held by the reporting persons.
(2) Based on 24,107,988 shares of Common Stock of TNS, Inc. outstanding as of October 1, 2006, as reported by TNS, Inc. in its Form 10-Q for the quarter ended September 30, 2006 filed with the Securities and Exchange Commission on November 9, 2006.

 

                     
CUSIP No.
  
872960109 
   Page  
3 
   of   
7 

 

           
1   NAMES OF REPORTING PERSONS:
Tennenbaum & Co., LLC (IRS ID # 95-4587347)
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   o
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Delaware
       
  5   SOLE VOTING POWER:
     
NUMBER OF   0 Shares
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   1,704,000 shares
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   0 Shares
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    1,704,000 shares
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  1,704,000 shares
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  7.1% (1)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  OO
(1) Based on 24,107,988 shares of Common Stock of TNS, Inc. outstanding as of October 1, 2006, as reported by TNS, Inc. in its Form 10-Q for the quarter ended September 30, 2006 filed with the Securities and Exchange Commission on November 9, 2006.

 

                     
CUSIP No.
  
872960109 
   Page  
4 
   of   
7 

 

           
1   NAMES OF REPORTING PERSONS:
Michael E. Tennenbaum
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   o
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  United States
       
  5   SOLE VOTING POWER:
     
NUMBER OF   0 Shares
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   1,704,000 Shares
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   0 Shares
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    1,704,000 Shares
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  1,704,000 Shares
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  7.1% (1)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  IN

(1) Based on 24,107,988 shares of Common Stock of TNS, Inc. outstanding as of October 1, 2006, as reported by TNS, Inc. in its Form 10-Q for the quarter ended September 30, 2006 filed with the Securities and Exchange Commission on November 9, 2006.

 

Item 1(a). Name of Issuer: TNS, Inc.
Item 1(b). Address of Issuer’s Principal Executive Offices:
          11480 Commerce Park Drive, Suite 600
          Reston, Virginia 20191
Item 2(a). Name of Persons Filing:
          This Amendment No. 1 to Statement on Schedule 13G is being filed by Tennenbaum Capital Partners, LLC, a Delaware limited liability company (“TCP”), Tennenbaum & Co., LLC, a Delaware limited liability company (“TCO”), and Mr. Michael E. Tennenbaum (“Mr. Tennenbaum”). TCP, TCO and Mr. Tennenbaum (together, the “Reporting Persons”) are filing this statement jointly, pursuant to the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, and not as separate persons.
Item 2(b). Address of Principal Business Office:
          2951 28th Street, Suite 1000
          Santa Monica, California 90405
Item 2(c). Citizenship:
          TCP is a Delaware limited liability company. TCO is a Delaware limited liability company. Mr. Tennenbaum is a United States citizen.
Item 2(d). Title of Class of Securities:
          Common Stock, par value $0.001 per share (“Common Stock”), of TNS, Inc., a Delaware corporation (the “Company”).
Item 2(e). CUSIP Number: 872960109
Item 3.   If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
  (a) o  Broker or dealer registered under Section 15 of the Exchange Act.
 
  (b) o  Bank as defined in Section 3(a)(6) of the Exchange Act.
 
  (c) o  Insurance company as defined in Section 3(a)(19) of the Exchange Act.
 
  (d) o  Investment company registered under Section 8 of the Investment Company Act.
 
  (e) o  An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
 
  (f) o  An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
 
  (g) o  A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
 
  (h) o  A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
 
  (i) o  A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
 
  (j) o  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 

 

Item 4. Ownership:
  (a)   Amount Beneficially Owned: 1,704,000 shares of Common Stock
 
  (b)   Percent of Class: 7.1%
 
  (c)   Number of shares as to which such person has:
  (i)   sole power to vote or to direct the vote: 0
 
  (ii)   shared power to vote or to direct the vote: 1,704,000
 
  (iii)   sole power to dispose or to direct the disposition of: 0
 
  (iv)   shared power to dispose or to direct the disposition of: 1,704,000
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:
          Tennenbaum Multi-Strategy Master Fund, LLC, which is an affiliate of the Reporting Persons, has the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of, 1,704,000 shares of Common Stock, representing more than 5% of the outstanding Common Stock of the Company.
Item 7.   Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
          Not Applicable.
Item 8. Identification and Classification of Members of the Group:
          Not Applicable.
Item 9. Notice of Dissolution of Group:
          Not Applicable.
Item 10. Certification:
          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.

 

 

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: February 14, 2007   TENNENBAUM CAPITAL PARTNERS, LLC,
a Delaware limited liability company		    
 
            
 
  By:   Tennenbaum & Co., LLC    
 
  Its:   Managing Member    
 
            
    TENNENBAUM & CO., LLC,
a Delaware limited liability company		    
 
            
    Each of the above by:    
 
            
 
      /s/ Michael E. Tennenbaum*    
 
           
 
      Name: Michael E. Tennenbaum    
 
      Its: Managing Member    
 
            
    MICHAEL E. TENNENBAUM    
 
            
    /s/ Michael E. Tennenbaum*    
         
    Name: Michael E. Tennenbaum    
 
            
 
  *By:   /s/ David A. Hollander    
 
           
 
      David A. Hollander    
 
      Attorney-in-fact    

 

 

EXHIBIT INDEX
Exhibit 1:   Joint Filing Agreement, dated May 19, 2006.*
Exhibit 2:   Power of Attorney, dated April 22, 2003, incorporated herein by reference to Exhibit 24.3 to Form 3 filed by Mr. Tennenbaum with the Securities and Exchange Commission on July 22, 2004.
 
*   Previously filed.

 

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