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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
PRA Health Sciences, Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
69354M108
(CUSIP Number)
March 3, 2015
(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) |
o |
Rule 13d-1(c) |
x |
Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting persons 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. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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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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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
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(a) |
o | ||||
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(b) |
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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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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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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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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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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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) |
o | ||||
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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2. |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
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(b) |
o | ||||
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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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) |
o | ||||
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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2. |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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2. |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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2. |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
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(b) |
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
CUSIP No. 69354M108 |
13G |
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1. |
Name of Reporting Person | |||||
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2. |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3. |
SEC Use Only | |||||
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4. |
Citizenship or Place of Organization | |||||
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Number of |
5. |
Sole Voting Power | |||||
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6. |
Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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11. |
Percent of Class Represented by Amount in Row (9) | |||||
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12. |
Type of Reporting Person (See Instructions) | |||||
STATEMENT ON SCHEDULE 13G
This is Amendment No. 1 to the Schedule 13G filed with the Securities and Exchange Commission on February 13, 2015 (the Original Schedule 13G).
Pursuant to Rule 13d-1(d) under the Securities Exchange Act of 1934, as amended (the Act), each of the persons listed below under Item 2 (each a Reporting Person, and collectively the Reporting Persons), have agreed to file one statement with respect to their beneficial ownership of Common Stock, par value $0.01 per share (Common Stock), of PRA Health Sciences, Inc. (the Issuer).
Item 1. | ||
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(a) |
Name of Issuer: |
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(b) |
Address of Issuers Principal Executive Offices: |
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Item 2. | ||
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(a) |
Name of Person Filing: KKR PRA Investors GP II LLC KKR PRA Investors GP LLC KKR North America Fund XI L.P. KKR Associates North America XI L.P. KKR North America XI Limited KKR Fund Holdings L.P. KKR Fund Holdings GP Limited KKR Group Holdings L.P. KKR Group Limited KKR & Co. L.P. KKR Management LLC Henry R. Kravis George R. Roberts |
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(b) |
Address of Principal Business Office, or, if none, Residence:
c/o Kohlberg Kravis Roberts & Co. L.P. 9 West 57th Street, Suite 4200 New York, NY 10019
The principal business office for George R. Roberts is:
c/o Kohlberg Kravis Roberts & Co. L.P. 2800 Sand Hill Road, Suite 200 Menlo Park, CA 94025 |
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(c) |
Citizenship: |
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(d) |
Title of Class of Securities: |
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(e) |
CUSIP Number: |
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Item 3. |
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Not applicable. |
Item 4. |
Ownership. | ||
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(a) |
Amount beneficially owned:
KKR PRA Investors L.P. holds 39,933,657 shares of Common Stock, or 66.7% of the outstanding shares of Common Stock based on 59,825,965 shares of Common Stock outstanding as of February 27, 2015, as reported in the Issuers Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2015.
Each of KKR PRA Investors GP II LLC (KKR PRA GP II) (as the general partner of KKR PRA Investors L.P.), KKR PRA Investors GP LLC (KKR PRA GP) (as the sole member of KKR PRA GP II), KKR North America Fund XI L.P. (KKR North America XI) (as the sole member of KKR PRA GP), KKR Associates North America XI L.P. (KKR Associates North America) (as the general partner of KKR North America XI), KKR North America XI Limited (KKR North America Limited) (as the general partner of KKR Associates North America), KKR Fund Holdings L.P. (KKR Fund Holdings) (as the sole shareholder of KKR North America Limited); KKR Fund Holdings GP Limited (KKR Fund Holdings GP) (as a general partner of KKR Fund Holdings); KKR Group Holdings L.P. (KKR Group Holdings) (as the sole shareholder of KKR Fund Holdings GP and a general partner of KKR Fund Holdings); KKR Group Limited (KKR Group) (as the general partner of KKR Group Holdings); KKR & Co. L.P. (KKR & Co.) (as the sole shareholder of KKR Group); and KKR Management LLC (KKR Management) (as the general partner of KKR & Co.) may also be deemed to be the beneficial owner of the securities held by KKR PRA Investors L.P.
KKR PRA GP II, KKR PRA GP, KKR North America XI, KKR Associates North America, KKR North America Limited, KKR Fund Holdings, KKR Fund Holdings GP, KKR Group Holdings, KKR Group, KKR & Co. and KKR Management disclaim beneficial ownership of such securities.
As the designated members of KKR Management, Messrs. Henry R. Kravis and George R. Roberts may be deemed to be the beneficial owner of the securities held by KKR PRA Investors L.P. but disclaim beneficial ownership of such securities. | |
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(b) |
Percent of class: See Item 4(a) above. | |
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(c) |
Number of shares as to which the person has:
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(i) |
Sole power to vote or to direct the vote See Item 5 of each cover page. |
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(ii) |
Shared power to vote or to direct the vote See Item 6 of each cover page. |
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(iii) |
Sole power to dispose or to direct the disposition of See Item 7 of each cover page. |
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(iv) |
Shared power to dispose or to direct the disposition of See Item 8 of each cover page. |
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Item 5. |
Ownership of Five Percent or Less of a Class. | ||
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Not applicable. | ||
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Item 6. |
Ownership of More than Five Percent on Behalf of Another Person. | ||
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See Item 4 above. To the best knowledge of the Reporting Persons, no one other than the Reporting Persons, the persons named in Item 4 above and the partners, members, affiliates and shareholders of the Reporting Persons and of the other persons named in Item 4 above has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, shares of Common Stock. | ||
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Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. | ||
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Not applicable. | ||
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Item 8. |
Identification and Classification of Members of the Group. | ||
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Not applicable. | ||
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Item 9. |
Notice of Dissolution of Group. | ||
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Not applicable. |
Item 10. |
Certifications. |
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Not applicable. |
SIGNATURES
After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certify that the information set forth in this statement is true, complete and correct.
Dated: March 6, 2015
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KKR PRA INVESTORS L.P. | |
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By: KKR PRA Investors GP II LLC, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Vice President |
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KKR PRA INVESTORS GP II LLC | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Vice President |
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KKR PRA INVESTORS GP LLC | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Vice President |
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KKR NORTH AMERICA FUND XI L.P. | |
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By: KKR Associates North America XI L.P., its general partner | |
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By: KKR North America XI Limited, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR ASSOCIATES NORTH AMERICA XI L.P. | |
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By: KKR North America XI Limited, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR NORTH AMERICA XI LIMITED | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR FUND HOLDINGS L.P. | |
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By: KKR Group Holdings L.P., a general partner | |
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By: KKR Group Limited, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR FUND HOLDINGS GP LIMITED | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR GROUP HOLDINGS L.P. | |
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By: KKR Group Limited, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR GROUP LIMITED | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR & CO. L.P. | |
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By: KKR Management LLC, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Chief Financial Officer |
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KKR MANAGEMENT LLC | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Chief Financial Officer |
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HENRY R. KRAVIS | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact |
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GEORGE R. ROBERTS | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact |
EXHIBITS
Exhibit |
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Title |
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1 |
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Joint Filing Agreement, dated as of March 6, 2015, as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended. |
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2 |
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Powers of Attorney (previously filed with the Original Schedule 13G and incorporated herein by reference) |
EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the common stock, par value $0.01 per share, of PRA Health Sciences, Inc. and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filing. In evidence thereof, the undersigned, being duly authorized, hereby execute this Joint Filing Agreement as of March 6, 2015.
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KKR PRA INVESTORS L.P. | |
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By: KKR PRA Investors GP II LLC, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Vice President |
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KKR PRA INVESTORS GP II LLC | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Vice President |
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KKR PRA INVESTORS GP LLC | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Vice President |
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KKR NORTH AMERICA FUND XI L.P. | |
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By: KKR Associates North America XI L.P., its general partner | |
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By: KKR North America XI Limited, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR ASSOCIATES NORTH AMERICA XI L.P. | |
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By: KKR North America XI Limited, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR NORTH AMERICA XI LIMITED | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR FUND HOLDINGS L.P. | |
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By: KKR Group Holdings L.P., a general partner | |
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By: KKR Group Limited, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR FUND HOLDINGS GP LIMITED | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR GROUP HOLDINGS L.P. | |
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By: KKR Group Limited, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR GROUP LIMITED | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Director |
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KKR & CO. L.P. | |
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By: KKR Management LLC, its general partner | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Chief Financial Officer |
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KKR MANAGEMENT LLC | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact for William J. Janetschek, Chief Financial Officer |
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HENRY R. KRAVIS | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact |
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GEORGE R. ROBERTS | |
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By: |
/s/ Terence Gallagher |
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Name: |
Terence Gallagher |
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Title: |
Attorney-in-fact |