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KRG Capital Partners LLC, et al. – ‘SC 13G’ on 3/4/98 re: White Cap Industries Inc

As of:  Wednesday, 3/4/98   ·   Accession #:  892569-98-527   ·   File #:  5-51973

Previous ‘SC 13G’:  None   ·   Next:  ‘SC 13G’ on 4/27/98   ·   Latest:  ‘SC 13G/A’ on 3/10/99

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/04/98  KRG Capital Partners LLC          SC 13G                 1:15K  White Cap Industries Inc          Bowne - Biv/FA
          KRG Capital Partners LLC
          Members of the KRG Capital Investment II, LLC

Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G      Statement of Beneficial Ownership                      9     32K 


Document Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
4Item 1(a). Name of Issuer:
"Item 1(b). Address of Issuer's Principal Executive Offices:
"Item 2(a). Name of Person Filing:
"Item 2(b). Address of Principal Business Office Or, If None, Residence:
"Item 2(c). Citizenship:
"Item 2(d). Title of Class of Securities:
"Item 2(e). Cusip No.:
5Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A:
"Item 4. Ownership:
"KRG Capital
"Item 5. Ownership of Five Percent or Less of A Class:
"Item 6. Ownership of More Than Five Percent on Behalf of Another Person:
"Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
"Item 8. Identification and Classification of Members of the Group:
"Item 9. Notice of Dissolution of Group:
"Item 10. Certification:
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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) White Cap Industries, Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.01 per share -------------------------------------------------------------------------------- (Title of Class of Securities) 963505 10 2 -------------------------------------------------------------------------------- (CUSIP Number) (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 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). Page 1 of 8
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CUSIP No. 963505 10 2 13G Page 2 of 8 Pages ================================================================================ 1 NAME OF REPORTING PERSON KRG CAPITAL PARTNERS, LLC S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 84-1377547 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Colorado -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 1,629,074 --------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY None --------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING None --------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH None -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,629,074 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.4% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 963505 10 2 13G Page 3 of 8 Pages ================================================================================ 1 NAME OF REPORTING PERSON MEMBERS OF KRG CAPITAL INVESTMENTS II, LLC S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES None ---------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY None ---------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 1,629,074 ---------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH None -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,629,074 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.4% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT!
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SCHEDULE 13G ITEM 1(a). NAME OF ISSUER: White Cap Industries, Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 3120 Airway Avenue Costa Mesa, California 92626 ITEM 2(a). NAME OF PERSON FILING: This Schedule 13G is being jointly filed by each of the following persons pursuant to Rule 13d-(1)(f) promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the "Act"): (i) KRG Capital Partners, LLC ("KRG Capital"), a Colorado limited liability company, by virtue of its voting control of 1,629,074 shares of common stock, par value $.01 per share (the "Common Stock"), of White Cap Industries, Inc. (the "Company"); (ii) the members (the "Members") of KRG Capital Investments II, LLC ("KRG II"), a Colorado limited liability company, by virtue of their beneficial ownership of 1,629,074 shares of Common Stock. KRG Capital and the Members are hereinafter collectively referred to as the "Reporting Persons." The Reporting Persons have entered into a Joint Filing Agreement, dated February __, 1998, a copy of which is filed with this Schedule 13G as Exhibit A, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(f)(1) under the Act. The Reporting Persons may be deemed to constitute a "group" for purposes of Section 13(d)(3) of the Act. The Reporting Persons expressly disclaim that they have agreed to act as a group other than as described in this Schedule 13G. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the principal business office of each of the Reporting Persons is c/o KRG Capital Partners, LLC, 370 Seventeenth Street, Suite 2300, Denver, Colorado 80208. ITEM 2(c). CITIZENSHIP: KRG Capital is a limited liability company organized under the laws of the State of Colorado; the Members are citizens of the United States and trusts established under the laws of various states. ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, par value $.01 per share. ITEM 2(e). CUSIP NO.: 963505 10 2 Page 4 of 8
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: Not Applicable. ITEM 4. OWNERSHIP: (a)-(c). Each Reporting Person named in response to Item 2 hereof has sole power to vote or to direct the vote and sole power to dispose or to direct the disposition of the Common Stock as follows: KRG Capital. Pursuant to an agreement with the Members, KRG Capital has the sole right to vote the 1,629,074 shares of Common Stock held by the Members, which constitutes 16.4% of the outstanding Common Stock. The filing of this Schedule 13G by KRG Capital shall not be considered an admission that KRG Capital is, for the purpose of Section 13(g) of the Act, the beneficial owner of such shares held by the Members. Members of KRG II. Each of the Members has the sole right to dispose or direct the disposition of the number of shares set forth opposite such Member's name on Schedule A hereto. Each of the Members disclaims beneficial ownership of all the shares of Common Stock held by other Members, other than immediate family members or family trusts. 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: See Response to Item 4. 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: Not Applicable. Page 5 of 8
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SIGNATURE 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. Date: MARCH 3, 1998 KRG CAPITAL PARTNERS, LLC (FOR ITSELF AND FOR THE MEMBERS PURSUANT TO POWER OF ATTORNEY) By: \s\ Bruce Rogers ------------------------------------ Bruce Rogers Managing Director Page 6 of 8
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EXHIBIT A --------- AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G --------------------- The undersigned hereby agree as follows: (i) Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and (ii) Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Date: MARCH 3, 1998 KRG CAPITAL PARTNERS, LLC (FOR ITSELF AND FOR THE MEMBERS PURSUANT TO POWER OF ATTORNEY) By: \s\ Bruce Rogers ------------------------------------ Bruce Rogers Managing Director Page 7 of 8
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SCHEDULE A [Enlarge/Download Table] SH TAX ID NUMBER NAME BALANCE HELD ###-##-#### Steven M. Bathgate 4,311 ###-##-#### Carylyn K. Bell 10,285 ###-##-#### D. Randall Blank 9,455 ###-##-####/###-##-#### John J. Borer, III and Cynthia A. Van Osch 7,439 ###-##-#### Roger T. Felthoven 4,311 ###-##-#### Harry E. Gwirtsman 237 ###-##-#### Helen Gwirtsman 4,089 ###-##-#### Joseph J. Gwirtsman 5,303 ###-##-#### Stephen H. Hamrick 7,199 ###-##-#### Brenda K. King 71,346 ###-##-#### Mark M. King 217,517 81-0476122 KKA Enterprises, Inc. 17,617 23-2629222 Mathers Associates 80,374 ###-##-#### Mark S. Maymar and Nancy L. Maymar 8,585 ###-##-#### MBK Children's Trust 24,360 ###-##-#### Sheryl B. Osten 3,594 ###-##-#### Julian F. Reichman 3,815 ###-##-####/###-##-#### Bruce L. Rogers and Sally K. Rogers, Ten in Common 225,303 23-2754626 Skippack Partners 8,086 84-6291627 AM Trust 122,496 ###-##-#### Andrew J. Gwirtsman 13,230 ###-##-#### Ann M. Fox 1,740 ###-##-#### Arthur R. Miller 12,211 84-6319096 Barry Bank Irrevocable Trust 2,610 ###-##-#### Brenda A. Rogers 1,740 ###-##-#### Bruce L. Rogers, Custodian for Madison Ann Rogers 174 84-1363522 Capital Resources Growth, Inc. 208,800 ###-##-#### Carole A. Haase 1,740 ###-##-#### Carylyn K. Bell, Custodian For Caitlyn Bell 174 ###-##-####/###-##-#### Charles R. Gwirtsman and Nancy J. Reichman 93,707 36-3393607 CRL, Inc. 122,496 ###-##-#### Daniel L. Gwirtsman 13,230 ###-##-#### Darren J. Dines 4,524 ###-##-#### Darren R. Hensley 497 ###-##-#### Diane M. Rodwell 1,740 ###-##-#### Harry E. Gwirtsman, custodian for Benjamin 1,653 Elliott Gwirtsman, UTMA, age 21 ###-##-#### Harry E. Gwirtsman, custodian for Gabriel Thomas 1,653 Gwirtsman, UTMA, age 21 ###-##-#### Harry E. Gwirtsman, custodian for Mia Erin 1,653 Gwirtsman, UTMA, age 21 ###-##-#### Jacob Bank 2,806 ###-##-#### John E. Hayes, III 1,952 ###-##-#### Jonathan P. Johnson 12,211 ###-##-#### Kevin A. Cudney 4,899 ###-##-#### Kimie L. and Bradley James Kreidle, Custodians 174 for Katherine Gail Kreidle 8
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[Enlarge/Download Table] SH TAX ID NUMBER NAME BALANCE HELD 47-6023978 Kutak Rock 401(k) Profit Sharing Plan - M. Lou 12,211 Raders Division 32-329-932 ###-##-#### Lance Balk 9,761 ###-##-#### Lee W. Dines 72,968 ###-##-#### Lee W. Dines, Jr. 4,524 ###-##-#### Lewis P. Rogers 1,740 ###-##-#### Martha Louise Hagerty 3,636 ###-##-####/###-##-#### Michael K. Haines and Judith A. Haines 13,081 ###-##-#### Nancy J. Reichman 45,901 ###-##-#### Peter M. Dines 4,524 ###-##-#### Philip E. Johnson 12,211 ###-##-#### Piper Jaffray as Custodian FBO Jonathan P. 12,211 Johnson IRA ###-##-####/###-##-#### Robert C. Lewis and Carylyn B. Lewis, Ten in Common 1,740 ###-##-#### Rogers Family Trust 26,100 84-6318743 Rosalind Bank Irrevocable Trust 2,610 ###-##-#### Sally K. Rogers 3,480 ###-##-#### Sally K. Rogers Trust 43,500 84-6287974 Sara Elizabeth Cudney Trust 435 23-2620168 Skippack Capital Corp. 649 84-6287975 Terence William Cudeny Trust 435 84-1435328 The College Fund, LLC 2,449 84-6284474 Trust fbo Drew P. Dines under Art 1.8 of Carla* 4,524 84-6284475 Trust fbo Jeffrey F. Dines under Art 1.8 of Carla* 4,524 84-6284479 Trust fbo Kevn C. Dines under Art 1.9 of Carla* 4,524 ========= TOTAL 1,629,074 *W. Lewis 87 Trust U/A dtd 6/19/87, Lee W. Dines, Trustee 9

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