0001104659-15-011285.txt : 20150218 0001104659-15-011285.hdr.sgml : 20150216 20150217163056 ACCESSION NUMBER: 0001104659-15-011285 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 GROUP MEMBERS: INSIGHT EQUITY I GP LP GROUP MEMBERS: INSIGHT EQUITY I LP GROUP MEMBERS: SUPERIOR SILICA RESOURCES LLC GROUP MEMBERS: TED W. BENESKI GROUP MEMBERS: VICTOR L. VESCOVO SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Emerge Energy Services LP CENTRAL INDEX KEY: 0001555177 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 900832937 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87459 FILM NUMBER: 15623174 BUSINESS ADDRESS: STREET 1: 1400 CIVIC PLACE STREET 2: SUITE 250 CITY: SOUTHLAKE STATE: TX ZIP: 76092 BUSINESS PHONE: 817-488-7775 MAIL ADDRESS: STREET 1: 1400 CIVIC PLACE STREET 2: SUITE 250 CITY: SOUTHLAKE STATE: TX ZIP: 76092 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INSIGHT EQUITY MANAGEMENT Co LLC CENTRAL INDEX KEY: 0001576953 IRS NUMBER: 030560044 STATE OF INCORPORATION: TX FISCAL YEAR END: 1213 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1400 CIVIC PLACE, SUITE 250 CITY: SOUTHLAKE STATE: TX ZIP: 76092 BUSINESS PHONE: 817-488-7775 MAIL ADDRESS: STREET 1: 1400 CIVIC PLACE, SUITE 250 CITY: SOUTHLAKE STATE: TX ZIP: 76092 SC 13G/A 1 a15-4712_1sc13ga.htm SC 13G/A

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 


 

SCHEDULE 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

Under the Securities Exchange Act of 1934

 

(Amendment No. 3)

 

EMERGE ENERGY SERVICES LP

(Name of Issuer)

COMMON UNITS REPRESENTING LIMITED PARTNER INTERESTS

(Title of Class of Securities)

29102H 108

(CUSIP Number)

DECEMBER 31, 2014

(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)

o

Rule 13d-1(c)

x

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.: 29102H 108

SCHEDULE 13G

 

 

 

1

Names of Reporting Persons
Insight Equity Management Company LLC

 

 

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

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power

 

6

Shared Voting Power
7,168,545

 

7

Sole Dispositive Power

 

8

Shared Dispositive Power
7,168,545

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
7,168,545

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
30.2%

 

 

12

Type of Reporting Person (See Instructions)
IA, OO (limited liability company)

 

2



 

CUSIP No.: 29102H 108

SCHEDULE 13G

 

 

 

1

Names of Reporting Persons
Insight Equity I GP LP

 

 

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

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power

 

6

Shared Voting Power
7,168,545

 

7

Sole Dispositive Power

 

8

Shared Dispositive Power
7,168,545

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
7,168,545

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
30.2%

 

 

12

Type of Reporting Person (See Instructions)
PN

 

3



 

CUSIP No.: 29102H 108

SCHEDULE 13G

 

 

 

1

Names of Reporting Persons
Insight Equity I LP

 

 

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

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power

 

6

Shared Voting Power
7,168,545

 

7

Sole Dispositive Power

 

8

Shared Dispositive Power
7,168,545

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
7,168,545

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
30.2%

 

 

12

Type of Reporting Person (See Instructions)
PN

 

4



 

CUSIP No.: 29102H 108

SCHEDULE 13G

 

 

 

1

Names of Reporting Persons
Superior Silica Resources LLC

 

 

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

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power

 

6

Shared Voting Power
6,467,122

 

7

Sole Dispositive Power

 

8

Shared Dispositive Power
6,467,122

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
6,467,122

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
27.3%

 

 

12

Type of Reporting Person (See Instructions)
OO (limited liability company)

 

5



 

CUSIP No.: 29102H 108

SCHEDULE 13G

 

 

 

1

Names of Reporting Persons
Ted W. Beneski

 

 

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

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
590,896 (1)

 

6

Shared Voting Power
7,168,545 (1)

 

7

Sole Dispositive Power
590,896 (1)

 

8

Shared Dispositive Power
7,168,545 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
7,759,441(1)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
32.7%

 

 

12

Type of Reporting Person (See Instructions)
IN

 


(1)         Represents (a) 563,374 common units representing limited partner interests (“Common Units”) held directly by Mr. Beneski, (b) 27,522 Common Units held by family trusts of which Mr. Beneski is the sole trustee and which Mr. Beneski may be deemed to indirectly beneficially own and (c) 7,168,545 Common Units held directly by Superior Silica Resources LLC (“SSR”) and AEC Resources LLC (“AEC”).  Insight Equity Management Company LLC (“Insight Equity”) is the investment manager to Insight Equity GP I LP (“GP”) and GP is the general partner of Insight Equity I LP (“Fund I”).  SSR and AEC are each indirect subsidiaries of Fund I. As such Insight Equity and GP have the shared power to vote and dispose of the Common Units held by SSR and AEC, and as such, may be deemed to indirectly beneficially own the securities held by SSR and AEC. Mr. Beneski and Victor L. Vescovo are the controlling equity owners of Insight Equity and GP and as such may be deemed to indirectly beneficially own the securities held by SSR and AEC.

 

6



 

CUSIP No.: 29102H 108

SCHEDULE 13G

 

 

 

1

Names of Reporting Persons
Victor L. Vescovo

 

 

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

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
129,752(1)

 

6

Shared Voting Power
7,168,545 (1)

 

7

Sole Dispositive Power
129,752(1)

 

8

Shared Dispositive Power
7,168,545 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
7,298,297(1)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
30.8%

 

 

12

Type of Reporting Person (See Instructions)
IN

 


(1)         Represents 129,752 common units representing limited partner interests (“Common Units”) held directly by Mr. Vescovo and 7,168,545 Common Units held directly by Superior Silica Resources LLC (“SSR”) and AEC Resources LLC (“AEC”).  Insight Equity Management Company LLC (“Insight Equity”) is the investment manager to Insight Equity GP I LP (“GP”) and GP is the general partner of Insight Equity I LP (“Fund I”).  SSR and AEC are each indirect subsidiaries of Fund I. As such Insight Equity and GP have the shared power to vote and dispose of the Common Units held by SSR and AEC, and as such, may be deemed to indirectly beneficially own the securities held by SSR and AEC. Mr. Beneski and Victor L. Vescovo are the controlling equity owners of Insight Equity and GP and as such may be deemed to indirectly beneficially own the securities held by SSR and AEC.

 

7



 

CUSIP No.: 29102H 108

SCHEDULE 13G

 

 

Item 1(a).

Name of Issuer:
Emerge Energy Services LP

Item 1(b).

Address of Issuer’s Principal Executive Offices:
1400 CIVIC PLACE, SUITE 250

SOUTHLAKE, TEXAS 76092

 

Item 2(a).

Name of Person(s) Filing:

 

 

Insight Equity Management Company LLC

(“Insight Equity”)

 

 

Insight Equity GP I, LP

(“Insight GP”)

 

 

Insight Equity I LP

(“Insight Fund I”)

 

 

Superior Silica Resources LLC

(“SSR”)

 

 

Ted W. Beneski

(“Mr. Beneski”)

 

 

Victor L. Vescovo

(“Mr. Vescovo”)

Item 2(b).

Address of Principal Business Office or, if none, Residence:

Principal business office for Insight Equity, Insight GP, Insight Fund I, SSR and each of Messrs. Beneski and Vescovo:

 

1400 CIVIC PLACE, SUITE 250

SOUTHLAKE, TEXAS 76092

Item 2(c).

Citizenship or Place of Organization:

 

 

Insight Equity Management Company LLC

Delaware

 

 

Insight Equity GP I, LP

Delaware

 

 

Insight Equity I LP

Delaware

 

 

Superior Silica Resources LLC

Delaware

 

 

Ted W. Beneski

United States

 

 

Victor L. Vescovo

United States

Item 2(d).

Title of Class of Securities:
Common units representing limited partner interests

Item 2(e).

CUSIP Number:
29102H 108

 

 

 

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

Not applicable.

 

8



 

CUSIP No.: 29102H 108

SCHEDULE 13G

 

 

Item 4.

Ownership:

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

 

 

SSR

 

Insight Equity,
Insight GP,
Insight Fund I

 

Mr. Beneski

 

Mr. Vescovo

 

(a) Amount beneficially owned:

 

6,467,122

 

7,168,545

(1),(2)

7,759,441

(2),(4)

7,298,297

(2),(5)

(b) Percent of class:

 

27.3

%(3)

30.2

%(3)

32.7

%(3)

30.8

%(3)

(c) Number of shares as to which such person has:

 

 

 

 

 

 

 

 

 

(i) Sole power to vote or to direct the vote:

 

 

 

 

 

590,896

 

129,752

 

(ii) Shared power to vote or to direct the vote:

 

6,467,122

 

7,168,545

(1),(2)

7,168,545

(2)

7,168,545

(2)

(iii) Sole power to dispose or to direct the disposition of:

 

 

 

 

 

590,896

 

129,752

 

(iv) Shared power to dispose or to direct the disposition of:

 

6,467,122

 

7,168,545

(1),(2)

7,168,545

(2)

7,168,545

(2)

 


(1)           Represents the common units representing limited partner interests (“Common Units”) held directly by SSR and AEC Resources LLC (“AEC”).  Insight Equity is the investment manager to GP and GP is the general partner of Insight Fund I.  SSR and AEC are each indirect subsidiaries of Insight Fund I. As such Insight Equity and GP have the shared power to vote and dispose of the Common Units held by SSR and AEC, and as such, may be deemed to indirectly beneficially own the securities held by SSR and AEC.

(2)           Messrs. Beneski and Vescovo are the controlling equity owners of Insight Equity and GP. Messrs. Beneski and Vescovo, by virtue of being controlling equity owners of Insight Equity and GP, may be deemed to indirectly beneficially own the securities held by SSR and AEC.

(3)         Based upon 23,718,961 Common Units outstanding as of October 31, 2014, as reported in the Issuer’s most recent Form 10-Q filed on November 7, 2014.

(4)         Represents (a) 563,374 Common Units held directly by Mr. Beneski, (b) 27,522 Common Units held by family trusts of which Mr. Beneski is the sole trustee and which Mr. Beneski may be deemed to indirectly beneficially own and (c) 7,168,545 Common Units held by Insight Fund I.

(5)         Represents 129,752 Common Units held directly by Mr. Vescovo and 7,168,545 Common Units held by Insight Fund I.

 

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:   o  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 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.

 

9



 

Item 10.

Certification:

Not applicable.

 

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 17, 2015

 

 

 

Insight Equity Management Company LLC

 

a Delaware limited liability company

 

 

 

 

 

 

By:

/s/ Ted W. Beneski

 

 

Authorized Signatory

 

 

 

 

Insight Equity I GP, LP

 

a Delaware limited partnership

 

By:

Insight Equity Holdings I LLC, its general partner

 

 

 

By:

/s/ Ted W. Beneski

 

 

Authorized Signatory

 

 

 

 

Insight Equity I LP

 

a Delaware limited partnership

 

By:

Insight Equity GP I LP, its general partner

 

By:

Insight Equity Holdings I LLC, its general partner

 

 

 

 

By:

/s/ Ted W. Beneski

 

 

Authorized Signatory

 

 

 

 

Superior Silica Resources LLC

 

a Delaware limited liability company

 

 

 

 

 

By:

/s/ Ted W. Beneski

 

 

Authorized Signatory

 

 

 

 

 

Ted W. Beneski

 

 

 

 

 

By:

/s/ Ted W. Beneski

 

 

Ted W. Beneski

 

 

 

 

 

Victor L. Vescovo

 

 

 

 

 

By:

/s/ Victor L. Vescovo

 

 

Victor L. Vescovo

 

10