UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
Thoughtworks Holding, Inc.
(Name of Issuer)
Common Stock, $0.001 par value
(Title of Class of Securities)
88546E105
(CUSIP Number)
December 31, 2021
(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) |
☐ | Rule 13d-1(c) |
☒ | 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, as may be set forth in the Notes in connection with the form of Schedule 13G).
1. |
Names of Reporting Persons
Turing EquityCo II L.P. | |||||
2. | Check The Appropriate Box if a Member of a Group (See Instructions)
(a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
Guernsey |
Number of Shares Beneficially Owned By Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
197,750,138 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
197,750,138 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
197,750,138 | |||||
10. | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |||||
11. | Percent of Class Represented By Amount in Row (9)
64.8%(1) | |||||
12. | Type of Reporting Person (See Instructions)
PN |
(1) | All percentages set forth on the cover pages hereto were calculated based on 305,117,043 shares of Common Stock outstanding as of November 11, 2021 as reported on the Issuers Form 10-Q filed with the U.S. Securities and Exchange Commission on November 15, 2021. |
1. |
Names of Reporting Persons
Apax IX GP Co. Limited | |||||
2. | Check The Appropriate Box if a Member of a Group (See Instructions)
(a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
Guernsey |
Number of Shares Beneficially Owned By Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
197,750,138 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
197,750,138 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
197,750,138 | |||||
10. | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |||||
11. | Percent of Class Represented By Amount in Row (9)
64.8%(1) | |||||
12. | Type of Reporting Person (See Instructions)
OO |
(1) | All percentages set forth on the cover pages hereto were calculated based on 305,117,043 shares of Common Stock outstanding as of November 11, 2021 as reported on the Issuers Form 10-Q filed with the U.S. Securities and Exchange Commission on November 15, 2021. |
Item 1(a). | Name of Issuer |
Thoughtworks Holding, Inc.
Item 1(b). | Address of the Issuers Principal Executive Offices |
200 East Randolph Street, 25th Floor
Chicago, Illinois 60601
Item 2(a). | Names of Persons Filing |
This Statement is being jointly filed by Turing EquityCo II L.P. (EquityCo II) and Apax IX GP Co. Limited (Apax IX GP and, together with EquityCo II, the Reporting Persons).
The Reporting Persons have entered into a Joint Filing Agreement, dated February 11, 2022, a copy of which is attached as Exhibit A to this Statement, pursuant to which the Reporting Persons agreed to file this Schedule 13G and any amendments thereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act.
Item 2(b). | Address of the Principal Business Office, or if none, Residence: |
PO Box 656, East Wing, Trafalgar Court, Les Banques, St. Peter Port, Guernsey, GY1 3PP for Equity Co II.
Royal Bank Place, Third Floor, 1 Glategny Esplanade, St. Peter Port, Guernsey, GY1 2HJ for Apax IX GP.
Item 2(c). | Citizenship |
See responses to Item 4 on the cover pages hereto.
Item 2(d). | Title of Class of Securities |
Common Stock, $0.001 par value.
Item 2(e). | CUSIP Number |
88546E105
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(n): |
Not Applicable.
Item 4. | Ownership |
(a) | Amount beneficially owned: |
See responses to Item 9 on the cover pages hereto.
(b) | Percent of Class: |
See responses to Item 11 on the cover pages hereto.
(c) | Number of shares as to which the Reporting Person has: |
(i) | Sole power to vote or to direct the vote: |
See responses to Item 5 on the cover pages hereto.
(ii) | Shared power to vote or to direct the vote: |
See responses to Item 6 on the cover pages hereto.
(iii) | Sole power to dispose or to direct the disposition of: |
See responses to Item 7 on the cover pages hereto.
(iv) | Shared power to dispose or to direct the disposition of: |
See responses to Item 8 on the cover pages hereto.
EquityCo II holds the securities reported herein directly. Apax IX GP, through majority vote of its investment committee, shares voting and dispositive power over the reported securities held directly by EquityCo II and, accordingly, may be deemed the beneficial owner of such shares of Thoughtworks Holding, Inc. This Statement shall not be construed as an admission that the any individual member of the investment committee of Apax IX GP is, for the purpose of Section 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Statement.
Item 5. | Ownership of Five Percent or Less of a Class |
Not Applicable.
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 |
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 11, 2022
TURING EQUITY CO. II L.P. | ||
By: | TURING GP CO. LIMITED | |
Its: | General Partner |
/s/ Gordon Purvis | ||
Name: | Gordon Purvis | |
Title: | Director |
APAX IX GP CO. LIMITED | ||
/s/ Jeremy Latham | ||
Name: | Jeremy Latham | |
Title: | Director |
Exhibit A
AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G
This will confirm the agreement by and among the undersigned that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the Common Stock of Thoughtworks Holding, Inc. (this Agreement), is being filed, and all amendments thereto will be filed, on behalf of each of the persons and entities named below that is named as a reporting person in such filing in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
Dated: February 11, 2022
TURING EQUITY CO. II L.P. | ||
By: | TURING GP CO. LIMITED | |
Its: | General Partner |
/s/ Gordon Purvis | ||
Name: | Gordon Purvis | |
Title: | Director |
APAX IX GP CO. LIMITED | ||
/s/ Jeremy Latham | ||
Name: | Jeremy Latham | |
Title: | Director |