UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
Amendment No. 1
Align Technology, Inc.
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(Name of Issuer)
Common Stock, par value $.0001 per share
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(Title of Class of Securities)
016255101
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(CUSIP Number)
November 21, 2002
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(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)
Page 1 of 16 pages
Cusip No. 016255101 13G Page 1 of 16
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1. Name of Reporting Persons: Carlyle Partners III, L.P.
I.R.S. Identification Nos. of above persons (entities only): 52-2229944
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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. Citizenship or Place of Organization: Delaware
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Number of Shares 5. Sole Voting Power -0-
Beneficially Owned By -----------------------------------------------------
Each Reporting 6. Shared Voting Power 5,460,553
Person With -----------------------------------------------------
7. Sole Dispositive Power -0-
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8. Shared Dispositive Power 5,460,553
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9. Aggregate Amount Beneficially Owned by Each Reporting Person: 5,460,553
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions): [_] N/A
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11. Percent of Class Represented by Amount in Row (11): 9.5%
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12. Type of Reporting Person (See Instructions): PN
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Page 2 of 16 pages
Cusip No. 016255101 13G Page 2 of 6
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1. Name of Reporting Persons: CP III Coinvestment, L.P.
I.R.S. Identification Nos. of above persons (entities only): 54-1970037
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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. Citizenship or Place of Organization: Delaware
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NUMBER OF SHARES 5. Sole Voting Power -0-
BENEFICIALLY OWNED BY ---------------------------------------------------------
EACH REPORTING PERSON 6. Shared Voting Power 140,737
WITH ---------------------------------------------------------
7. Sole Dispositive Power -0-
---------------------------------------------------------
8. Shared Dispositive Power 140,737
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9. Aggregate Amount Beneficially Owned by Each Reporting Person: 140,737
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions): [] N/A
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11. Percent of Class Represented by Amount in Row (11): 0.2%
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12. Type of Reporting Person (See Instructions): PN
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Page 3 of 16 pages
Cusip No. 016255101 13G Page 3 of 6
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1. Name of Reporting Persons: TC Group III, L.P.
I.R.S. Identification Nos. of above persons (entities only): 52-2287893
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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. Citizenship or Place of Organization: Delaware
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Number of Shares 5. Sole Voting Power -0-
Beneficially Owned By -----------------------------------------------------
Each Reporting Person 6. Shared Voting Power 5,601,290
With -----------------------------------------------------
7. Sole Dispositive Power -0-
-----------------------------------------------------
8. Shared Dispositive Power 5,601,290
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9. Aggregate Amount Beneficially Owned by Each Reporting Person: 5,601,290
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions): [ ] N/A
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11. Percent of Class Represented by Amount in Row (11): 9.7%
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12. Type of Reporting Person (See Instructions): PN
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Page 4 of 16 pages
Cusip No. 016255101 13G Page 4 of 6
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1. Name of Reporting Persons: TC Group III, L.L.C.
I.R.S. Identification Nos. of above persons (entities only): N/A
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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. Citizenship or Place of Organization: Delaware
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Number of Shares 5. Sole Voting Power -0-
Beneficially Owned -----------------------------------------------------
By Each Reporting 6. Shared Voting Power 5,601,290
Person With -----------------------------------------------------
7. Sole Dispositive Power -0-
-----------------------------------------------------
8. Shared Dispositive Power 5,601,290
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9. Aggregate Amount Beneficially Owned by Each Reporting Person: 5,601,290
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions): [__] N/A
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11. Percent of Class Represented by Amount in Row (11): 9.7%
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12. Type of Reporting Person (See Instructions): OO (Limited Liability Company)
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Page 5 of 16 pages
Cusip No. 016255101 13G Page 5 of 6
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1. Name of Reporting Persons: TC Group, L.L.C.
I.R.S. Identification Nos. of above persons (entities only): 54-1686957
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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. Citizenship or Place of Organization: Delaware
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Number of Shares 5. Sole Voting Power -0-
Beneficially Owned -----------------------------------------------------
By Each Reporting 6. Shared Voting Power 5,601,290
Person With -----------------------------------------------------
7. Sole Dispositive Power -0-
-----------------------------------------------------
8. Shared Dispositive Power 5,601,290
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9. Aggregate Amount Beneficially Owned by Each Reporting Person: 5,601,290
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions): [__] N/A
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11. Percent of Class Represented by Amount in Row (11): 9.7%
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12. Type of Reporting Person (See Instructions): OO (Limited Liability Company)
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Page 6 of 16 pages
Cusip No. 016255101 13G Page 6 of 6
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1. Name of Reporting Persons: TCG Holdings, L.L.C.
I.R.S. Identification Nos. of above persons (entities only): 54-1686011
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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. Citizenship or Place of Organization: Delaware
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Number of Shares 5. Sole Voting Power -0-
Beneficially Owned -----------------------------------------------------
By Each Reporting 6. Shared Voting Power 5,601,290
Person With -----------------------------------------------------
7. Sole Dispositive Power -0-
-----------------------------------------------------
8. Shared Dispositive Power 5,601,290
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9. Aggregate Amount Beneficially Owned by Each Reporting Person: 5,601,290
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions): [_] N/A
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11. Percent of Class Represented by Amount in Row (11): 9.7%
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12. Type of Reporting Person (See Instructions): OO (Limited Liability Company)
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Page 7 of 16 pages
Item 1.
(a) Name of Issuer:
Align Technology, Inc
(b) Address of Issuer's Principal Executive Offices:
851 Martin Avenue, Santa Clara, California 95050.
Item 2.
(a) Name of Person Filing:
Carlyle Partners III, L.P., a Delaware limited partnership
CP III Coinvestment, L.P., a Delaware limited partnership
TC Group III, L.P., a Delaware limited partnership
TC Group III, L.L.C., a Delaware limited liability company
TC Group, L.L.C., a Delaware limited liability company
TCG Holdings, L.L.C., a Delaware limited liability company.
(b) Address of Principal Business Office or, if none, Residence:
c/o The Carlyle Group
1001 Pennsylvania Avenue, N.W.,
Suite 220 South,
Washington, D.C. 20004-2505.
(c) Citizenship:
Carlyle Partners III, L.P., a Delaware limited partnership
CP III Coinvestment, L.P., a Delaware limited partnership
TC Group III, L.P., a Delaware limited partnership
TC Group III, L.L.C., a Delaware limited liability company
TC Group, L.L.C., a Delaware limited liability company
TCG Holdings, L.L.C., a Delaware limited liability company.
(d) Title of Class of Securities:
Common Stock, par value $.0001 per share
Page 8 of 16 pages
(e) CUSIP Number:
016255101
Item 3. If this statement is filed pursuant to (s)(s)240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
Not Applicable.
Item 4. Ownership
Sole power to Shared power
Amount Percent Sole power to Shared power dispose or to to dispose or
beneficially of class: vote or to vote or to direct the to direct the
Reporting Person: owned: direct the direct the disposition disposition
vote: vote: of: of:
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TCG Holdings, L.L.C. 5,601,290 9.7% 0 5,601,290 0 5,601,290
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TC Group, L.L.C. 5,601,290 9.7% 0 5,601,290 0 5,601,290
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TC Group III, L.L.C. 5,601,290 9.7% 0 5,601,290 0 5,601,290
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TC Group III, L.P. 5,601,290 9.7% 0 5,601,290 0 5,601,290
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Carlyle Partners III, L.P. 5,460,553 9.5% 0 5,460,553 0 5,460,553
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CP III Coinvestment, L.P. 140,737 .2% 0 140,737 0 140,737
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Each of the entities listed below is the record owners of the number of
shares of Common Stock, par value $0.0001 per share, of Align Technology, Inc.
(the "Common Stock") set forth opposite such entities name below:
Record Holders Shares Held of Record
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Carlyle Partners III, L.P. 5,460,553
CP III Coinvestment, L.P. 140,737
TC Group III, L.P. is the sole general partner of Carlyle Partners III,
L.P. and CP III Coinvestment, L.P. TC Group III, L.L.C. is the sole general
partner of TC Group III, L.P. TC Group, L.L.C. is the sole managing member of TC
Group III, L.L.C. TCG Holdings, L.L.C. is the sole managing member of TC Group,
L.L.C. Accordingly, (i) TC Group III, L.P. and TC Group III, L.L.C. each may be
deemed to be a beneficial owner of shares of Common Stock owned of record by
each of Carlyle Partners III, L.P. and CP III Coinvestment, L.P.; and (ii) TC
Group, L.L.C. and TCG Holdings, L.L.C. each may be deemed to be a beneficial
owner of the shares of Common Stock owned of record by Carlyle Partners III,
L.P. and CP III Coinvestment, L.P.
William E. Conway, Jr., Daniel A D'Aniello and David M. Rubenstein are
managing members (the "TCG Holdings Managing Members") of TCG Holdings, L.L.C.
and, in such capacity, may be deemed to share beneficial ownership of shares of
Common Stock beneficially owned by TCG Holdings, L.L.C. Such individuals
expressly disclaim any such beneficial ownership. Each of the TCG Holdings
Managing Members is a citizen and resident of the United States.
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable.
Page 9 of 16 pages
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
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.
Page 10 of 16 pages
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: December 2, 2002
CARLYLE PARTNERS III, L.P.
By: TC Group III, L.P., its General Partner
By: TC Group III, L.L.C., its General Partner
By: TC Group, L.L.C., its Managing Member
By: TCG Holdings, L.L.C., its Managing Member
By: /s/ Willam E. Conway, Jr.
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Name: Willam E. Conway, Jr.
Title: Managing Director
CP III COINVESTMENT, L.P.
By: TC Group III, L.P., its General Partner
By: TC Group III, L.L.C., its General Partner
By: TC Group, L.L.C., its Managing Member
By: TCG Holdings, L.L.C., its Managing Member
By: /s/ Willam E. Conway, Jr.
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Name: Willam E. Conway, Jr.
Title: Managing Director
TC GROUP III, L.P.
By: TC Group III, L.L.C., its General Partner
By: TC Group, L.L.C., its Managing Member
By: TCG Holdings, L.L.C., its Managing Member
By: /s/ Willam E. Conway, Jr.
--------------------------------
Name: Willam E. Conway, Jr.
Title: Managing Director
TC GROUP III, L.L.C.
By: TC Group, L.L.C., its Managing Member
By: TCG Holdings, L.L.C., its Managing Member
By: /s/ Willam E. Conway, Jr.
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Name: Willam E. Conway, Jr.
Title: Managing Director
Page 11 of 16 pages
TC GROUP, L.L.C.
By: TCG Holdings, L.L.C., its Managing Member
By: /s/ Willam E. Conway, Jr.
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Name:
Title: Managing Director
TCG HOLDINGS, L.L.C.
By: /s/ Willam E. Conway, Jr.
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Name: Willam E. Conway, Jr.
Title: Managing Director
Page 12 of 16
LIST OF EXHIBITS
Exhibit No. Description
----------- ------------
A Joint Filing Agreement
Page 13 of 16 Pages
EXHIBIT A: Joint Filing Agreement
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange
Act of 1934, as amended, the undersigned hereby agree to the joint filing with
all other Reporting Persons (as such term is defined in the Schedule 13G
referred to below) on behalf of each of them of a statement on Schedule 13G
(including amendments thereto) with respect to the common stock, par value
$0.0001 per share, of Align Technology, Inc., a Delaware corporation, and that
this Agreement may be included as an Exhibit to such joint filing. This
Agreement may be executed in any number of counterparts, all of which taken
together shall constitute one and the same instrument.
[Remainder of this page has been left intentionally blank.]
Page 14 of 16 Pages
Signature Page 1 of 2
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of the
13 day of February, 2002.
CARLYLE PARTNERS III, L.P.
By: TC Group III, L.P., its General Partner
By: TC Group III, L.L.C., its General Partner
By: TC Group, L.L.C., its Managing Member
By: TCG Holdings, L.L.C., its Managing Member
By: /s/ Willam E. Conway, Jr.
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Name: Willam E. Conway, Jr.
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Title: Managing Director
CP III COINVESTMENT, L.P.
By: TC Group III, L.P., its General Partner
By: TC Group III, L.L.C., its General Partner
By: TC Group, L.L.C., its Managing Member
By: TCG Holdings, L.L.C., its Managing Member
By: /s/ Willam E. Conway, Jr.
--------------------------------------------
Name: Willam E. Conway, Jr.
Title: Managing Director
TC GROUP III, L.P.
By: TC Group III, L.L.C., its General Partner
By: TC Group, L.L.C., its Managing Member
By: TCG Holdings, L.L.C., its Managing Member
By: /s/ Willam E. Conway, Jr.
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Name: Willam E. Conway, Jr.
--------------------------
Title: Managing Director
TC GROUP III, L.L.C.
By: TC Group, L.L.C., its Managing Member
By: TCG Holdings, L.L.C., its Managing Member
By: /s/ Willam E. Conway, Jr.
--------------------------------------------
Name: Willam E. Conway, Jr.
Title: Managing Director
TC GROUP, L.L.C.
By: TCG Holdings, L.L.C., its Managing Member
By: /s/ Willam E. Conway, Jr.
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Page 15 of 16 Pages
Name: Willam E. Conway, Jr.
Title: Managing Director
TCG HOLDINGS, L.L.C.
By: /s/ Willam E. Conway, Jr.
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Name: Willam E. Conway, Jr.
Title: Managing Director
Page 16 of 16 Pages