SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
TransDigm Group Incorporated
(Name of Issuer)
Common Stock, $0.01 Par Value
(Title of Class of Securities)
893641 10 0
(CUSIP Number)
Scott A. Arenare, Esq.
Managing Director and General Counsel
Warburg Pincus LLC
466 Lexington Avenue
New York, New York 10017
(212) 878-0600
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Copies to:
Steven J. Gartner, Esq.
Cristopher Greer, Esq.
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, New York 10019
(212) 728-8000
December 10, 2007
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* 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 ("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. 893641 10 0 |
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Names
of Reporting Persons. I.R.S. Identification Nos. of above persons (entities
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SEC Use Only |
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Source of Funds (See
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Citizenship or Place of Organization |
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Sole Voting Power |
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Shared Voting Power |
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Sole Dispositive Power |
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Shared Dispositive Power |
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Aggregate Amount
Beneficially Owned by Each Reporting Person |
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Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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Percent of Class
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Type of Reporting Person
(See Instructions) |
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CUSIP No. 893641 10 0 |
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Names of Reporting Persons. I.R.S. Identification
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Check the Appropriate Box if a Member of a Group (See Instructions) |
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SEC Use Only |
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Source of Funds (See
Instructions) |
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o |
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Citizenship or Place of Organization |
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Number of |
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Sole Voting Power |
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Shared Voting Power |
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Sole Dispositive Power |
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Shared Dispositive Power |
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Aggregate Amount
Beneficially Owned by Each Reporting Person |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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Percent of Class
Represented by Amount in Row (11) |
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Type of Reporting Person
(See Instructions) |
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CUSIP No. 893641 10 0 |
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Names of Reporting Persons. I.R.S. Identification
Nos. of above persons (entities only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(a) |
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(b) |
x |
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SEC Use Only |
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4. |
Source of Funds (See
Instructions) |
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5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o |
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Citizenship or Place of Organization |
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Number of |
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Sole Voting Power |
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Shared Voting Power |
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Sole Dispositive Power |
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Shared Dispositive Power |
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11. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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Percent of Class
Represented by Amount in Row (11) |
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Type of Reporting Person
(See Instructions) |
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CUSIP No. 893641 10 0 |
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Names of Reporting Persons. I.R.S. Identification
Nos. of above persons (entities only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(a) |
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(b) |
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SEC Use Only |
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4. |
Source of Funds (See
Instructions) |
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5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o |
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Citizenship or Place of Organization |
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Number of |
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Sole Voting Power |
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Shared Voting Power |
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Sole Dispositive Power |
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Shared Dispositive Power |
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11. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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13. |
Percent of Class
Represented by Amount in Row (11) |
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Type of Reporting Person
(See Instructions) |
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CUSIP No. 893641 10 0 |
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1. |
Names of Reporting Persons. I.R.S. Identification
Nos. of above persons (entities only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(a) |
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(b) |
x |
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3. |
SEC Use Only |
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4. |
Source of Funds (See
Instructions) |
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5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o |
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6. |
Citizenship or Place of Organization |
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Number of |
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Sole Voting Power |
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Shared Voting Power |
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9. |
Sole Dispositive Power |
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10. |
Shared Dispositive Power |
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11. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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13. |
Percent of Class
Represented by Amount in Row (11) |
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14. |
Type of Reporting Person
(See Instructions) |
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Introduction.
This Amendment No. 3 to Schedule 13D (this Amendment) amends the Schedule 13D filed with the Securities and Exchange Commission on March 30, 2006, as amended by Amendment No. 1 thereto filed with the Securities and Exchange Commission on May 29, 2007 and further amended by Amendment No. 2 thereto filed with the Securities and Exchange Commission on November 29, 2007 (as so amended, the Current Schedule 13D), on behalf of TD Group Holdings, LLC, a Delaware limited liability company (TD LLC), Warburg Pincus Private Equity VIII, L.P., a Delaware limited partnership (together with two affiliated entities, WP VIII), Warburg Pincus LLC, a New York limited liability company (WP LLC), Warburg Pincus & Co., a New York general partnership (WP), and Warburg Pincus Partners LLC, a New York limited liability company and a subsidiary of WP (WP Partners LLC, and together with WP VIII, WP LLC and WP, the Warburg Pincus Reporting Persons). Charles R. Kaye and Joseph P. Landy are each Managing General Partners of WP and Co-Presidents and Managing Members of WP LLC. This Amendment relates to the common stock, par value $0.01 per share (the Common Stock), of TransDigm Group Incorporated, a Delaware corporation (the Company).
TD LLC and the Warburg Pincus Reporting Persons (together with TD LLC, the Reporting Persons) are making this single, joint filing because they may be deemed to constitute a group within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the Exchange Act). Each Reporting Person disclaims beneficial ownership of all shares of Common Stock to which such Reporting Person does not have a pecuniary interest.
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Unless otherwise indicated herein, each capitalized term used but not otherwise defined herein shall have the meaning ascribed to such term in the Current Schedule 13D.
Item 5 of the Current Schedule 13D is hereby amended and replaced in its entirety as set forth below.
(a) On December 10, 2007, TD LLC distributed an aggregate of 3,462,422 shares of Common Stock to its members (the TD LLC Distribution). The TD LLC Distribution was made on a pro rata basis to all members of TD LLC and no consideration was received by TD LLC in connection therewith. WP VIII is a member of TD LLC and, in connection with the TD LLC Distribution, received an aggregate of 2,923,639 shares of Common Stock. Immediately following the completion of the TD LLC Distribution, WP VIII distributed all of the shares of Common Stock received by it in connection with the TD LLC Distribution to its limited partners and WP Partners LLC on a pro rata basis (the WP Distribution and, together with the TD LLC Distribution, the Distributions). WP VIII did not receive any consideration in connection with the WP Distribution.
Immediately following the completion of the Distributions, each of the Reporting Persons may be deemed to beneficially own 14,410,837 shares of Common Stock, representing approximately 30.5 % of the outstanding Common Stock, based on the 47,231,318 shares of Common Stock outstanding as of November 24, 2007.
(b) Each of the Reporting Persons share
the power to vote or to direct the vote and to dispose or to direct the
disposition of the 14,410,837 shares of Common Stock it may be deemed to
beneficially own. The Reporting Persons
are making this single, joint filing because they may be deemed to constitute a
person or group within the
Page 8 of 11
meaning of Section 13(d)(3) of the Exchange Act. The filing of this Schedule 13D shall not be construed as an admission of such beneficial ownership or that the Reporting Persons constitute a person or group.
(c) Other than the Distributions, no transactions in the Common Stock were effected by any Reporting Person during the past sixty days.
(d) Not applicable.
(e) Not applicable.
Page 9 of 11
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
Dated: December 11, 2007 |
TD GROUP HOLDINGS, LLC |
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By: |
Warburg Pincus Private Equity VIII, L.P., |
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By: |
Warburg Pincus Partners LLC, |
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By: |
Warburg Pincus & Co., |
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By: |
/s/ Scott A. Arenare |
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Name: |
Scott A. Arenare |
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Title: |
Partner |
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Dated: December 11, 2007 |
WARBURG PINCUS PRIVATE EQUITY VIII, L.P. |
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By: |
Warburg Pincus Partners LLC, |
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By: |
Warburg Pincus & Co., its Managing |
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By: |
/s/ Scott A. Arenare |
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Name: |
Scott A. Arenare |
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Title: |
Partner |
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Dated: December 11, 2007 |
WARBURG PINCUS & CO. |
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By: |
/s/ Scott A. Arenare |
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Name: |
Scott A. Arenare |
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Title: |
Partner |
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Page 10 of 11
Dated: December 11, 2007 |
WARBURG PINCUS LLC |
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By: |
/s/ Scott A. Arenare |
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Name: |
Scott A. Arenare |
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Title: |
Managing Director |
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Dated: December 11, 2007 |
WARBURG PINCUS PARTNERS LLC |
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By: |
Warburg Pincus & Co., |
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its Managing Member |
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By |
/s/ Scott A. Arenare |
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Name: |
Scott A. Arenare |
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Partner |
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Page 11 of 11