Schedule 13D Amendment No. 1

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, A58APFKOG4j+d04TPe2FAIsRLdEzRWmaxn7m71/Rb0Ep8tSISjZG1AFNiy3OqqUv 79f+4lIqEntCjmJFkKtfow== 0001193125-06-078815.txt : 20060412 0001193125-06-078815.hdr.sgml : 20060412 20060412170522 ACCESSION NUMBER: 0001193125-06-078815 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060412 DATE AS OF CHANGE: 20060412 GROUP MEMBERS: ABRY INVESTMENT GP, LLC GROUP MEMBERS: ABRY MEZZANINE HOLDINGS, LLC GROUP MEMBERS: ABRY MEZZANINE INVESTORS, L.P. GROUP MEMBERS: ABRY MEZZANINE PARTNERS, L.P. GROUP MEMBERS: ROYCE YUDKOFF SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NAVTECH INC CENTRAL INDEX KEY: 0000790272 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 112883366 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39203 FILM NUMBER: 06756483 BUSINESS ADDRESS: STREET 1: 2340 GARDON ROAD STREET 2: SUITE 102 CITY: MONTEREY STATE: CA ZIP: 93940 BUSINESS PHONE: 5197479883X228 MAIL ADDRESS: STREET 1: 2340 GARDON ROAD STREET 2: SUITE 102 CITY: MONTEREY STATE: CA ZIP: 93940 FORMER COMPANY: FORMER CONFORMED NAME: COMPUFLIGHT INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: COMPUFLIGHT OPERATIONS SERVICE INC DATE OF NAME CHANGE: 19880127 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ABRY Investment Partnership, L.P. CENTRAL INDEX KEY: 0001334772 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 111 HUNTINGTON AVENUE CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 617-859-2959 MAIL ADDRESS: STREET 1: 111 HUNTINGTON AVENUE CITY: BOSTON STATE: MA ZIP: 02199 SC 13D/A 1 dsc13da.htm SCHEDULE 13D AMENDMENT NO. 1 Schedule 13D Amendment No. 1

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Schedule 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

NAVTECH, INC.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

63935 Q 100

(CUSIP Number)

Joshua N. Korff, Esq.

Kirkland & Ellis LLP

Citigroup Center

153 East 53^rd Street

New York, NY 10022

Telephone: (212) 446-4943

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

April 3, 2006

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ¨

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent.

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 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. 63935 Q 100


1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

		ABRY Mezzanine Partners, L.P. 10-0000307
2.		Check the Appropriate Box if a Member of a Group (See Instructions)
		(A) ¨
		(B) x
3.		SEC Use Only

4.		Source of Funds (See Instructions)

		WC
5.		Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

6.		Citizenship or Place of Organization

		Delaware


Number of Shares Beneficially Owned by Each Reporting Person With		7. Sole Voting Power

		None
		8. Shared Voting Power

		378,843 (See Item 5)
		9. Sole Dispositive Power

		None
		10. Shared Dispositive Power

		378,843 (See Item 5)


11.		Aggregate Amount Beneficially Owned by Each Reporting Person

		378,843 (See Item 5)
12.		Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

13.		Percent of Class Represented by Amount in Row (11)

		7.72%
14.		Type of Reporting Person (See Instructions)

		PN


CUSIP No. 63935 Q 100


1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

		ABRY Mezzanine Investors, L.P. 10-0000296
2.		Check the Appropriate Box if a Member of a Group (See Instructions)
		(A) ¨
		(B) x
3.		SEC Use Only

4.		Source of Funds (See Instructions)

		Not Applicable.
5.		Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

6.		Citizenship or Place of Organization

		Delaware


Number of Shares Beneficially Owned by Each Reporting Person With		7. Sole Voting Power

		None
		8. Shared Voting Power

		378,843 (See Item 5)
		9. Sole Dispositive Power

		None
		10. Shared Dispositive Power

		378,843 (See Item 5)


11.		Aggregate Amount Beneficially Owned by Each Reporting Person

		378,843 (See Item 5)
12.		Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

13.		Percent of Class Represented by Amount in Row (11)

		7.72%
14.		Type of Reporting Person (See Instructions)

		PN


CUSIP No. 63935 Q 100


1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

		ABRY Mezzanine Holdings, LLC 10-0000278
2.		Check the Appropriate Box if a Member of a Group (See Instructions)
		(A) ¨
		(B) x
3.		SEC Use Only

4.		Source of Funds (See Instructions)

		Not Applicable.
5.		Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

6.		Citizenship or Place of Organization

		Delaware


Number of Shares Beneficially Owned by Each Reporting Person With		7. Sole Voting Power

		None
		8. Shared Voting Power

		378,843 (See Item 5)
		9. Sole Dispositive Power

		None
		10. Shared Dispositive Power

		378,843 (See Item 5)


11.		Aggregate Amount Beneficially Owned by Each Reporting Person

		378,843 (See Item 5)
12.		Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

13.		Percent of Class Represented by Amount in Row (11)

		7.72%
14.		Type of Reporting Person (See Instructions)

		OO


CUSIP No. 63935 Q 100


1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

		Royce Yudkoff
2.		Check the Appropriate Box if a Member of a Group (See Instructions)
		(A) ¨
		(B) x
3.		SEC Use Only

4.		Source of Funds (See Instructions)

		Not Applicable.
5.		Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

6.		Citizenship or Place of Organization

		United States


Number of Shares Beneficially Owned by Each Reporting Person With		7. Sole Voting Power

		None
		8. Shared Voting Power

		378,843 (See Item 5)
		9. Sole Dispositive Power

		None
		10. Shared Dispositive Power

		378,843 (See Item 5)


11.		Aggregate Amount Beneficially Owned by Each Reporting Person

		378,843 (See Item 5)
12.		Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

13.		Percent of Class Represented by Amount in Row (11)

		7.72%
14.		Type of Reporting Person (See Instructions)

		IN


CUSIP No. 63935 Q 100


1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

		ABRY Investment Partnership, L.P. 04-3483157
2.		Check the Appropriate Box if a Member of a Group (See Instructions)
		(A) ¨
		(B) x
3.		SEC Use Only

4.		Source of Funds (See Instructions)

		WC
5.		Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

6.		Citizenship or Place of Organization

		Delaware


Number of Shares Beneficially Owned by Each Reporting Person With		7. Sole Voting Power

		None
		8. Shared Voting Power

		378,843 (See Item 5)
		9. Sole Dispositive Power

		None
		10. Shared Dispositive Power

		378,843 (See Item 5)


11.		Aggregate Amount Beneficially Owned by Each Reporting Person

		378,843 (See Item 5)
12.		Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

13.		Percent of Class Represented by Amount in Row (11)

		7.72%
14.		Type of Reporting Person (See Instructions)

		PN


CUSIP No. 63935 Q 100


1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).

		ABRY Investment GP, LLC 04-3483152
2.		Check the Appropriate Box if a Member of a Group (See Instructions)
		(A) ¨
		(B) x
3.		SEC Use Only

4.		Source of Funds (See Instructions)

		Not Applicable.
5.		Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

6.		Citizenship or Place of Organization

		Delaware


Number of Shares Beneficially Owned by Each Reporting Person With		7. Sole Voting Power

		None
		8. Shared Voting Power

		378,843 (See Item 5)
		9. Sole Dispositive Power

		None
		10. Shared Dispositive Power

		378,843 (See Item 5)


11.		Aggregate Amount Beneficially Owned by Each Reporting Person

		378,843 (See Item 5)
12.		Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

13.		Percent of Class Represented by Amount in Row (11)

		7.72%
14.		Type of Reporting Person (See Instructions)

		OO

Item 1. Security and Issuer.

This Amendment No. 1 to Schedule 13D is being filed by the Reporting Persons to amend the Schedule 13D originally filed by the Reporting Persons on February 8, 2006. This statement (the “Statement”) relates to the Common Stock, $0.001 par value per share (the “Common Stock”) of Navtech, Inc., a Delaware corporation (the “Issuer”). The Issuer’s principal executive office is located at 2340 Garden Road, Suite 102, Monterey, CA 93940. Information in this Schedule 13D, as amended, remains in effect except to the extent that it is superseded by this Amendment No. 1 to Schedule 13D.

Item 2. Identity and Background.

Not amended.

Item 3. Source and Amount of Funds or Other Consideration.

AMP acquired beneficial ownership of the securities that are the subject of this filing with working capital in the ordinary course of business.

Item 4. Purpose of Transaction.

On April 3, 2006, AMP purchased an aggregate of 66,667 shares of the Issuer’s Common Stock from certain of the Issuer’s shareholders in a private transaction, for an aggregate purchase price of $200,001.00, or $3.00 per share of Common Stock.

On November 22, 2005, pursuant to the Warrant Agreement (the “Warrant Agreement”), the Issuer completed the sale of warrants (the “Warrants”) to purchase 312,176 shares of the Issuer’s Common Stock, for $699,274.24 in a private placement to AMP and AIP. The net proceeds from the sale of the Warrants were used to consummate the acquisition of all of the issued and outstanding shares of capital stock of European Aeronautical Group AB (“EAG”), a limited liability company organized and registered under the laws of Sweden. The Warrant Agreement is incorporated by reference to Exhibit 10.11 to the Form 8-K filed with the SEC by the Issuer on November 28, 2005. The Warrants are incorporated by reference to Exhibits 10.12 and 10.13 to the Form 8-K filed with the SEC by the Issuer on November 28, 2005. In connection with the purchase of the Warrants, the Issuer also entered into a registration rights agreement dated November 22, 2005 (the “Registration Rights Agreement”) with AMP, AIP, Cambridge Information Group, Inc. and Externalis S.A. (collectively, the “Investors”), which is incorporated by reference to Exhibit 10.5 to the Form 8-K filed with the SEC by the Issuer on November 28, 2005.

Except as otherwise described in this Schedule 13D, none of the Reporting Persons has formulated any plans or proposals which relate to or would result in: (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) any change in the present Board of Directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer’s business or corporate structure; (g) any changes in the Issuer’s charter or by-laws or other actions which may impede the acquisition or control of the Issuer by any person; (h) causing a class of securities of the Issuer to be delisted from a national securities exchange or cease to be authorized to be quoted in an interdealer quotation system of a registered national securities association; (i) causing a class of equity securities of the Issuer to become eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) any action similar to those enumerated above.

The following is a description of the material terms of the Warrants:

The initial exercise price of the Warrants is $0.01 per share. The Warrants are subject to anti-dilution and other adjustments as described in the Warrants. The Warrants are immediately exercisable and expire 10 years after issuance. The foregoing description of the Warrants is qualified in its entirety by reference to the full text of the Warrant Agreement and the Warrants.

Pursuant to the Registration Rights Agreement, the Issuer granted registration rights to the Investors. Under the agreement, each of the (i) holders of 30% of the shares of Common Stock issued or issuable upon exercise by AMP and AIP (or their successors or assigns) of the Warrants and (ii) holders of 30% of the shares of Common Stock issued or issuable upon exercise by the other Investors (or their successors or assigns) of the securities of the Issuer held by such other Investors may require the Issuer to effect the registration of their shares from time to time. In addition, subject to certain exceptions the stockholders party to the agreement have “piggyback” registration rights to include their shares in any registration statement the Issuer files on its behalf or on behalf of other stockholders. The foregoing description of the Registration Rights Agreement is qualified in its entirety by reference to the full text of the Registration Rights Agreement.

Item 5. Interest in Securities of the Issuer.

(a) As of the date hereof, AMP owned 66,667 shares of Common Stock and Warrants to purchase 310,791 shares of Common Stock and AIP owned Warrants to purchase 1,385 shares of Common Stock. Assuming conversion of all of the Warrants acquired pursuant to the Warrant Agreement, the Reporting Persons may be deemed to indirectly beneficially own an aggregate of 378,843 shares of Common Stock, or approximately 7.72% of the Common Stock outstanding.

The percentage ownership for each Reporting Person as of April 3, 2006 is calculated by dividing (a) the total number of shares beneficially owned by such Reporting Person by (b) 4,904,640 shares (the number of shares of the Issuer’s Common Stock outstanding on February 28, 2006 as disclosed in the Issuer’s Quarterly Report on Form 10-QSB filed with the Securities and Exchange Commission on March 17, 2006 for the fiscal quarter ending January 31, 2006) plus any shares acquirable (including by exercise of Warrants held by AMP and AIP) by such Reporting Person within 60 days after April 3, 2006.

(b) By virtue of their potential status as a “group” for purposes of Rule 13d-5, each of the members of the Reporting Group may be deemed to have shared voting and dispositive power over the shares owned by other members. Neither the filing of this Statement nor any of its contents shall be deemed to constitute an admission that any Reporting Person are the beneficial owner of any Common Stock referred to in this Statement for the purposes of Section 13(d) of the Act or for any other purpose, and such beneficial ownership is expressly disclaimed.

(c) Except for the transactions described herein, there have been no other transactions in the securities of the Issuer effected by the Reporting Persons in the last 60 days.

(d) Except as stated within Item 4 and Item 5 of this Statement, to the knowledge of the Reporting Persons, only the Reporting Persons have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of Common Stock of the Issuer reported by this statement.

(e) Inapplicable.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

Not amended.

Item 7. Material to be filed as Exhibits.

Exhibit 1 Joint Filing Agreement.

Signature

After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.


ABRY MEZZANINE PARTNERS, L.P.

By:		ABRY MEZZANINE INVESTORS, L.P.,
Its:		General Partner

By:		ABRY MEZZANINE HOLDINGS, LLC,
Its:		General Partner

By:		/s/ John Hunt
Name:		John Hunt
Title:		Authorized Signatory

ABRY MEZZANINE INVESTORS, L.P.

By:		ABRY Mezzanine Holdings, LLC,
Its:		General Partner

By:		/s/ John Hunt
Name:		John Hunt
Title:		Authorized Signatory

ABRY MEZZANINE HOLDINGS, LLC.

By:
Its:		Managing Member

By:		/s/ John Hunt
Name:		John Hunt
Title:		Authorized Signatory

/s/ Royce Yudkoff
Royce Yudkoff


ABRY INVESTMENT PARTNERSHIP, L.P.

By:		ABRY Investment GP, LLC,
Its:		General Partner

By:		/s/ Royce Yudkoff
Name:		Royce Yudkoff
Title:		Authorized Signatory

ABRY INVESTMENT GP, LLC.

By:		Royce Yudkoff
Its:		Managing Member

/s/ Royce Yudkoff

Exhibit 1

Joint Filing Agreement

In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, the undersigned hereby (i) agree to the joint filing with all other Reporting Persons (as such term is defined the statement on Schedule 13D described below) on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Common Stock, par value $0.001 per share, of Navtech, Inc. and (ii) agree that this Agreement 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.


ABRY MEZZANINE PARTNERS, L.P.

By:		ABRY MEZZANINE INVESTORS, L.P.,
Its:		General Partner

By:		ABRY MEZZANINE HOLDINGS, LLC,
Its:		General Partner

By:		/s/ John Hunt
Name:		John Hunt
Title:		Authorized Signatory

ABRY MEZZANINE INVESTORS, L.P.

By:		ABRY Mezzanine Holdings, LLC,
Its:		General Partner

By:		/s/ John Hunt
Name:		John Hunt
Title:		Authorized Signatory


ABRY MEZZANINE HOLDINGS, LLC.

By:
Its:		Managing Member

By:		/s/ John Hunt
Name:		John Hunt
Title:		Authorized Signatory

/s/ Royce Yudkoff
Royce Yudkoff

ABRY INVESTMENT PARTNERSHIP, L.P.

By:		ABRY Investment GP, LLC,
Its:		General Partner

By:		/s/ Royce Yudkoff
Name:		Royce Yudkoff
Title:		Authorized Signatory

ABRY INVESTMENT GP, LLC.

By:		Royce Yudkoff
Its:		Managing Member

/s/ Royce Yudkoff

-----END PRIVACY-ENHANCED MESSAGE-----