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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

Under the Securities Exchange Act of 1934
(Amendment No. )*

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)

SERVICES ACQUISITION CORP. INTERNATIONAL

(Name of Issuer)

Common Stock, par value $.001 per share

(Title of Class of Securities)

817628209

(CUSIP Number)

June 30, 2005

(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)

        þ Rule 13d-1 (c)

        o 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 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).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

             
13G
CUSIP No. 817628209
  1. Name of Reporting Person:
Sapling, LLC		 I.R.S. Identification Nos. of above persons (entities only):
  2. Check the Appropriate Box if a Member of a Group:
    (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:
0
6. Shared Voting Power:
1,111,358
7. Sole Dispositive Power:
0
8.Shared Dispositive Power:
1,111,358
  9.Aggregate Amount Beneficially Owned by Each Reporting Person:
1,111,358
  10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares*:
o
  11.Percent of Class Represented by Amount in Row (9):
5.3%
  12.Type of Reporting Person*:
OO

*SEE INSTRUCTIONS BEFORE FILLING OUT

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13G
CUSIP No. 817628209
  1. Name of Reporting Person:
Fir Tree Recovery Master Fund, L.P.		 I.R.S. Identification Nos. of above persons (entities only):
  2. Check the Appropriate Box if a Member of a Group:
    (a) o  
    (b) o  
  3. SEC Use Only:
  4. Citizenship or Place of Organization:
Cayman Islands
Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power:
0
6. Shared Voting Power:
572,517
7. Sole Dispositive Power:
0
8.Shared Dispositive Power:
572,517
  9.Aggregate Amount Beneficially Owned by Each Reporting Person:
572,517
  10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares*:
o
  11.Percent of Class Represented by Amount in Row (9):
2.7%
  12.Type of Reporting Person*:
PN

*SEE INSTRUCTIONS BEFORE FILLING OUT

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SCHEDULE 13G

     This Schedule 13G (the “Schedule 13G”) is being filed on behalf of Sapling, LLC, a Delaware limited liability company (“Sapling”), and Fir Tree Recovery Master Fund, L.P., a Cayman Islands exempted limited partnership (“Fir Tree Recovery”), relating to shares of common stock, $.001 par value (the “Common Stock”), of Services Acquisition Corp. International, a Delaware corporation (the “Issuer”), purchased by Sapling and Fir Tree Recovery. Fir Tree Value Master Fund, LP, a Cayman Islands exempted limited partnership (“Fir Tree Master”), is the sole member of Sapling. Fir Tree, Inc., a New York corporation, is the investment manager of both Sapling and Fir Tree Recovery.

     
Item 1(a)
  Name of Issuer.
 
    
 
  Services Acquisition Corp. International
 
    
Item 1(b)
  Address of Issuer’s Principal Executive Offices.
 
    
 
  401 East Olas Boulevard, Suite 1140
 
  Fort Lauderdale, Florida 33301
 
    
Item 2(a)
  Name of Person Filing.
 
    
 
  Sapling, LLC (“Sapling”) and Fir Tree Recovery Master Fund, L.P. (“Fir Tree Recovery”)
 
    
Item 2(b)
  Address of Principal Business Office.
 
    
 
  535 Fifth Avenue
 
  31st Floor
 
  New York, New York 10017
 
    
Item 2(c)
  Place of Organization.
 
    
 
  Sapling is a Delaware limited liability company. Fir Tree Recovery is a Cayman Islands exempted limited partnership.
 
    
Item 2(d)
  Title of Class of Securities.
 
    
 
  Common Stock, par value $.001 per share (the “Common Stock”).
 
    
Item 2(e)
  CUSIP Number.
 
    
 
  817628209 

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Item 3
  Reporting Person.
 
    
 
  The person filing is not listed in Items 3(a) through 3(j).
 
    
Item 4
  Ownership.

  (a)   As of the filing of this Schedule 13G, Sapling and Fir Tree Recovery have purchased 1,683,875 shares of Common Stock of the Issuer.
 
  (b)   Sapling and Fir Tree Recovery are the beneficial owners of 8.0% of the outstanding shares of Common Stock. This percentage is determined by dividing the number of shares beneficially held by 21,000,000, the number of shares of Common Stock issued and outstanding as of June 29, 2005, as reported in the Issuer’s Prospectus filed pursuant to Rule 424(b)(3) dated June 30, 2005.
 
  (c)   Sapling may direct the vote and disposition of the 1,111,358 shares of Common Stock. Fir Tree Recovery may direct the vote and disposition of 572,517 shares of Common Stock.
     
Item 5
  Ownership of Five Percent or Less of a Class.
 
    
 
  Inapplicable.
 
    
Item 6
  Ownership of More Than Five Percent on Behalf of Another Person.
 
    
 
  Fir Tree Master, as the sole member of Sapling, has the right to receive dividends from and the proceeds from the sale of the Common Stock.
 
    
Item 7
  Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.
 
    
 
  Inapplicable.
 
    
Item 8
  Identification and Classification of Members of the Group.
 
    
 
  Inapplicable.
 
    
Item 9
  Notice of Dissolution of Group.
 
    
 
  Inapplicable.
 
    
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.

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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.

     Date: July 12, 2005

             
    SAPLING, LLC
 
            
    By:   FIR TREE, INC., its Manager
 
            
 
      By:   /s/ Jeffrey Tannenbaum
 
           
 
      Name:   Jeffrey Tannenbaum
 
      Title:   President
 
            
    FIR TREE RECOVERY MASTER FUND, L.P.
 
            
    By:   FIR TREE, INC., its Manager
 
            
 
      By:   /s/ Jeffrey Tannenbaum
 
           
 
      Name:   Jeffrey Tannenbaum
 
      Title:   President

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