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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
GOLFSMITH INTERNATIONAL HOLDINGS, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
38168Y103
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(CUSIP Number)
December 31, 2006
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(Date of Event Which Required Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
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CUSIP No. 13G Page 2 of 9 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MR. ROBERTO BUARON
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. CITIZEN
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NUMBER OF SOLE VOTING POWER
SHARES 1. 7,934,418
BENEFICIALLY ----- -------------------------------------------------------
OWNED BY SHARED VOTING POWER
EACH 2. 0
REPORTING ----- -------------------------------------------------------
PERSON WITH SOLE DISPOSITIVE POWER
3. 7,934,418
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SHARED DISPOSITIVE POWER
4. 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
7,934,418
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
50.5
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12 TYPE OF REPORTING PERSON
IN
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CUSIP No. 13G Page 3 of 9 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BUARON CAPITAL CORPORATION III, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(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 SOLE VOTING POWER
SHARES 1. 7,934,418
BENEFICIALLY ----- -------------------------------------------------------
OWNED BY SHARED VOTING POWER
EACH 2. 0
REPORTING ----- -------------------------------------------------------
PERSON WITH SOLE DISPOSITIVE POWER
3. 7,934,418
----- -------------------------------------------------------
SHARED DISPOSITIVE POWER
4. 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
7,934,418
----- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
----- --------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
50.5
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12 TYPE OF REPORTING PERSON
CO
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CUSIP No. 13G Page 4 of 9 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ATLANTIC EQUITY ASSOCIATES III, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(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 SOLE VOTING POWER
SHARES 1. 7,934,418
BENEFICIALLY ----- -------------------------------------------------------
OWNED BY SHARED VOTING POWER
EACH 2. 0
REPORTING ----- -------------------------------------------------------
PERSON WITH SOLE DISPOSITIVE POWER
3. 7,934,418
----- -------------------------------------------------------
SHARED DISPOSITIVE POWER
4. 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
7,934,418
----- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
----- --------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
50.5
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12 TYPE OF REPORTING PERSON
CO
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CUSIP No. 13G Page 5 of 9 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ATLANTIC EQUITY ASSOCIATES III, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(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 SOLE VOTING POWER
SHARES 1. 7,934,418
BENEFICIALLY ----- -------------------------------------------------------
OWNED BY SHARED VOTING POWER
EACH 2. 0
REPORTING ----- -------------------------------------------------------
PERSON WITH SOLE DISPOSITIVE POWER
3. 7,934,418
----- -------------------------------------------------------
SHARED DISPOSITIVE POWER
4. 0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
7,934,418
----- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
----- --------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
50.5
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12 TYPE OF REPORTING PERSON
PN
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CUSIP No. 13G Page 6 of 9 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ATLANTIC EQUITY PARTNERS III, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(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 SOLE VOTING POWER
SHARES 1. 7,934,418
BENEFICIALLY ----- -------------------------------------------------------
OWNED BY SHARED VOTING POWER
EACH 2. 0
REPORTING ----- -------------------------------------------------------
PERSON WITH SOLE DISPOSITIVE POWER
3. 7,934,418
----- -------------------------------------------------------
SHARED DISPOSITIVE POWER
4. 0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
7,934,418
----- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
----- --------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
50.5
----- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
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CUSIP No. 13G Page 7 of 9 Pages
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ITEM 1(a). NAME OF ISSUER:
Golfsmith International Holdings, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
11000 North IH-35
Austin, Texas 78753-3195
ITEM 2(a). NAME OF PERSON FILING:
Mr. Roberto Buaron
Buaron Capital Corporation III, LLC
Atlantic Equity Associates III, LLC
Atlantic Equity Associates III, L.P.
Atlantic Equity Partners III, L.P.
The foregoing entities and individuals are collectively referred
to as the "Reporting Persons" in this Statement.
This statement is filed jointly on behalf of the Reporting
Persons. In accordance with Rule 13d-1(k)(1) under the Exchange
Act, each person filing this statement acknowledges that it is
responsible for the completeness and accuracy of the information
concerning that person but is not 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.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
c/o First Atlantic Capital, Ltd.
135 East 57th Street, 29th Floor
New York, New York 10022
United States of America
ITEM 2(c). CITIZENSHIP:
Please refer to Item 4 on each cover sheet for each filing
person.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common stock
ITEM 2(e). CUSIP NUMBER:
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CUSIP No. 13G Page 8 of 9 Pages
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38168Y103
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) [ ] Broker or dealer registered under section 15 of the Act;
(b) [ ] Bank as defined in section 3(a)(6) of the Act;
(c) [ ] Insurance company as defined in section 3(a)(19) of the
Act;
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940;
(e) [ ] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G) (Note: See Item 7);
(h) [ ] A savings association as defined in section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the
Investment Company Act of 1940;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
If this statement is filed pursuant to Rule 13d-1(c), check this
box. [ ]
ITEM 4. OWNERSHIP
(a) Amount beneficially owned:
Consists of 7,934,418 shares of common stock held directly by Atlantic
Equity Partners III, L. P., a portion of which may be deemed
attributable to Mr. Roberto Buaron. Mr. Roberto Buaron is the sole
member of Buaron Capital Corporation III, LLC, which is the managing
member of Atlantic Equity Associates III, LLC, which is the sole
general partner of Atlantic Equity Associates III, L.P., which is the
sole general partner of Atlantic Equity Partners III, L.P. Mr. Roberto
Buaron disclaims beneficial ownership of the shares held by Atlantic
Equity Partners III, L.P., except to the extent of his pecuniary
interest therein.
(b) Percent of class: Please refer to Item 11 on each cover sheet for each
filing person.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: Please refer to Item 5
on each cover sheet for
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CUSIP No. 13G Page 9 of 9 Pages
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each filing person.
(ii) Shared power to vote or direct the vote: Please refer to Item 6 on
each cover sheet for each filing person.
(iii) Sole power to dispose or to direct the disposition of: Please refer
to Item 7 on each cover sheet for each filing person.
(iv) Shared power to dispose of or to direct the disposition of:
Please refer to Item 8 on each cover sheet for each filing person.
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.
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.
See Item 2(a) above.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
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 14, 2007
MR. ROBERTO BUARON
/s/ Roberto Buaron
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BUARON CAPITAL CORPORATION III, LLC
By: /s/ Roberto Buaron
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Name: Roberto Buaron
Title: Managing Member
ATLANTIC EQUITY ASSOCIATES III, LLC
By: Buaron Capital Corporation III, LLC,
Managing Member
By: /s/ Roberto Buaron
------------------------------------
Name: Roberto Buaron
Title: Managing Member
ATLANTIC EQUITY ASSOCIATES III, L.P.
By: Atlantic Equity Associates III, LLC,
General Partner
By: Buaron Capital Corporation, III, LLC,
Managing Member
By: /s/ Roberto Buaron
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Name: Roberto Buaron
Title: Managing Member
ATLANTIC EQUITY PARTNERS III, L.P.
By: Atlantic Equity Associates III, L.P.,
General Parnter
By: Atlantic Equity Associates III, LLC,
General Parnter
By: Buaron Capital Corporation, III, LLC,
Managing Parnter
By: /s/ Roberto Buaron
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Name: Roberto Buaron
Title: Managing Member
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934,
as amended, each of the persons named below agrees to the joint filing of a
Statement on Schedule 13G (including amendments thereto) with respect to the
common stock, par value $0.001 per share, of Golfsmith International Holdings,
Inc., a U.S. company, and further agrees that this Joint Filing Agreement be
included as an exhibit to such filings provided that, as contemplated by Section
13d-1(k)(1)(ii), no person shall be 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.
In evidence thereof, the undersigned, being duly authorized, hereby execute
this Agreement this February 14, 2007.
MR. ROBERTO BUARON
/s/ Roberto Buaron
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BUARON CAPITAL CORPORATION III, LLC
By: /s/ Roberto Buaron
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Name: Roberto Buaron
Title: Managing Member
ATLANTIC EQUITY ASSOCIATES III, LLC
By: Buaron Capital Corporation III, LLC,
Managing Member
By: /s/ Roberto Buaron
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Name: Roberto Buaron
Title: Managing Member
ATLANTIC EQUITY ASSOCIATES III, L.P.
By: Atlantic Equity Associates, III, LLC,
General Partner
By: Buaron Capital Corproation, III, LLC,
Managing Member
By: /s/ Roberto Buaron
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Name: Roberto Buaron
Title: Managing Member
Atlantic Equity Partners III, LP
By: Atlantic Equity Associates, III, L.P.,
General Parnter
By: Atlantic Equity Associates, III, LLC,
General Parnter
By: Buaron Capital Corproation, III, LLC,
Managing Member
By: /s/ Roberto Buaron
----------------------------------
Name: Roberto Buaron
Title: Managing Member