0001104659-21-044206.txt : 20210330
0001104659-21-044206.hdr.sgml : 20210330
20210330212701
ACCESSION NUMBER: 0001104659-21-044206
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210326
FILED AS OF DATE: 20210330
DATE AS OF CHANGE: 20210330
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SC Partners III, L.P.
CENTRAL INDEX KEY: 0001611317
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 21789479
BUSINESS ADDRESS:
STREET 1: C/O STERLING PARTNERS
STREET 2: 401 NORTH MICHIGAN, SUITE 3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
BUSINESS PHONE: 312 465 7000
MAIL ADDRESS:
STREET 1: C/O STERLING PARTNERS
STREET 2: 401 NORTH MICHIGAN, SUITE 3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sterling Capital Partners II L P
CENTRAL INDEX KEY: 0001321135
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 21789483
BUSINESS ADDRESS:
STREET 1: 1033 SKOKIE BLVD
STREET 2: SUITE 600
CITY: NORTHBROOK
STATE: IL
ZIP: 60062
BUSINESS PHONE: 847-480-4000
MAIL ADDRESS:
STREET 1: 1033 SKOKIE BLVD
STREET 2: SUITE 600
CITY: NORTHBROOK
STATE: IL
ZIP: 60062
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STERLING CAPITAL PARTNERS III LP
CENTRAL INDEX KEY: 0001404646
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 21789480
BUSINESS ADDRESS:
STREET 1: C/O STERLING PARTNERS
STREET 2: 1033 SKOKIE BLVD, SUITE 600
CITY: NORTHBROOK
STATE: IL
ZIP: 60062
BUSINESS PHONE: 847-480-4000
MAIL ADDRESS:
STREET 1: C/O STERLING PARTNERS
STREET 2: 1033 SKOKIE BLVD, SUITE 600
CITY: NORTHBROOK
STATE: IL
ZIP: 60062
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SC Partners II, L.P.
CENTRAL INDEX KEY: 0001696604
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 21789482
BUSINESS ADDRESS:
STREET 1: C/O STERLING PARTNERS, 401 N. MICHIGAN
STREET 2: SUITE 3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
BUSINESS PHONE: 3124657000
MAIL ADDRESS:
STREET 1: C/O STERLING PARTNERS, 401 N. MICHIGAN
STREET 2: SUITE 3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sterling Capital Partners III, LLC
CENTRAL INDEX KEY: 0001611325
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 21789478
BUSINESS ADDRESS:
STREET 1: C/O STERLING PARTNERS
STREET 2: 401 NORTH MICHIGAN, SUITE 3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
BUSINESS PHONE: 312 465 7000
MAIL ADDRESS:
STREET 1: C/O STERLING PARTNERS
STREET 2: 401 NORTH MICHIGAN, SUITE 3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sterling Capital Partners II, LLC
CENTRAL INDEX KEY: 0001696565
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38002
FILM NUMBER: 21789481
BUSINESS ADDRESS:
STREET 1: C/O STERLING PARTNERS, 401 N. MICHIGAN
STREET 2: SUITE 3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
BUSINESS PHONE: 3124657000
MAIL ADDRESS:
STREET 1: C/O STERLING PARTNERS, 401 N. MICHIGAN
STREET 2: SUITE 3300
CITY: CHICAGO
STATE: IL
ZIP: 60611
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LAUREATE EDUCATION, INC.
CENTRAL INDEX KEY: 0000912766
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200]
IRS NUMBER: 521492296
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 650 S. EXETER STREET
CITY: BALTIMORE
STATE: MD
ZIP: 21202
BUSINESS PHONE: 4108436100
MAIL ADDRESS:
STREET 1: 650 S. EXETER STREET
CITY: BALTIMORE
STATE: MD
ZIP: 21202
FORMER COMPANY:
FORMER CONFORMED NAME: SYLVAN LEARNING SYSTEMS INC
DATE OF NAME CHANGE: 19930929
4
1
tm2111422-6_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-03-26
0
0000912766
LAUREATE EDUCATION, INC.
LAUR
0001321135
Sterling Capital Partners II L P
C/O STERLING PARTNERS
401 N. MICHIGAN AVE., SUITE 3300
CHICAGO
IL
60611
1
0
1
0
0001696604
SC Partners II, L.P.
C/O STERLING PARTNERS, 401 N. MICHIGAN
SUITE 3300
CHICAGO
IL
60611
1
0
1
0
0001696565
Sterling Capital Partners II, LLC
C/O STERLING PARTNERS, 401 N. MICHIGAN
SUITE 3300
CHICAGO
IL
60611
1
0
1
0
0001404646
STERLING CAPITAL PARTNERS III LP
C/O STERLING PARTNERS
1033 SKOKIE BLVD, SUITE 600
NORTHBROOK
IL
60062
1
0
1
0
0001611317
SC Partners III, L.P.
C/O STERLING PARTNERS
401 NORTH MICHIGAN, SUITE 3300
CHICAGO
IL
60611
1
0
1
0
0001611325
Sterling Capital Partners III, LLC
C/O STERLING PARTNERS
401 NORTH MICHIGAN, SUITE 3300
CHICAGO
IL
60611
1
0
1
0
Class A Common Stock
2021-03-26
4
C
0
182341
A
182341
I
See footnotes.
Class A Common Stock
2021-03-26
4
C
0
447021
A
447021
I
See footnotes.
Class B Common Stock
2021-03-26
4
C
0
182341
0.00
D
Class A Common Stock
182341
729368
I
See footnotes.
Class B Common Stock
2021-03-26
4
C
0
447021
0.00
D
Class A Common Stock
447021
1788086
I
See footnotes.
Upon distribution of shares of Class B common stock ("Class B Common Stock") of Laureate Education, Inc. (the "Issuer") by Wengen Alberta, Limited Partnership ("Wengen") to its investors pro rata based on their respective ownership interest in Wengen, such shares of Class B Common Stock automatically converted into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.
Sterling Capital Partners II, L.P. ("SCP II LP") directly holds shares of Class A Common Stock and indirectly beneficially owns shares of Class B Common Stock by virtue of its limited partnership interests in Wengen. SC Partners II, L.P. ("SC Partners II") is the sole general partner of SCP II LP, and Sterling Capital Partners II, LLC ("SCP II LLC") is the sole general partner of SC Partners II. Steven M. Taslitz, Douglas L. Becker and R. Christopher Hoehn-Saric are the managers of SP II LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.
Sterling Capital Partners III, L.P. ("SCP III LP") directly holds shares of Class A Common Stock and indirectly beneficially owns shares of Class B Common Stock by virtue of its limited partnership interests in Wengen. SC Partners III, L.P. ("SC Partners III") is the sole general partner of SCP III LP, and Sterling Capital Partners III, LLC ("SCP III LLC") is the sole general partner of SC Partners III. Messrs. Becker, Taslitz and Hoehn-Saric are the managers of SP III LLC, but, as memorialized in a memorandum of understanding, Mr. Becker does not share voting or investment power over these shares.
Each share of Class B Common Stock is convertible into one share of Class A Common Stock upon the election of the holder or upon transfer, subject to the terms of the Issuer's Amended and Restated Certificate of Incorporation.
Represents shares of Class B Common Stock held directly by Wengen, whose general partner is Wengen Investments Limited ("Wengen GP"). Certain investors, including, but not limited to, certain investment funds and other persons affiliated with or managed by Sterling Fund Management, LLC (including the Reporting Persons), Kohlberg Kravis Roberts & Co. L.P., Cohen Private Ventures, LLC, Bregal Investments, Inc. and Snow Phipps Group, LLC (collectively, the "Wengen Investors") have interests in the Issuer through Wengen. Certain Wengen Investors (including the Reporting Persons) have designated representatives who serve on the board of directors of Wengen GP.
Mr. Taslitz serves as a designated representative of the Reporting Persons on the board of directors of the Issuer pursuant to a securityholders agreement.
Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. This filing shall not be deemed an admission that any Reporting Person is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by such Reporting Person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise.
Because no more than 10 reporting persons can file any one Form 4 through the Securities and Exchange Commission's EDGAR system, SP-L Parent, LLC, SP-L Management III, LLC, SP-L Management IV, LLC, SP-L Management V, LLC, Sterling Laureate, LP, Sterling Laureate Executives Fund, LP, Sterling Laureate Rollover, LP, SP-L Affiliate, LLC and Messrs. Taslitz, Becker and Hoehn-Saric have made separate Form 4 filings; provided, that, for purposes of Footnotes 5 and 6 above, each of such persons should be considered a Reporting Person.
/s/ M. Avi Epstein, attorney-in-fact for Sterling Capital Partners II, L.P.
2021-03-30
/s/ M. Avi Epstein, attorney-in-fact for SC Partners II, L.P.
2021-03-30
/s/ M. Avi Epstein, attorney-in-fact for Sterling Capital Partners II, LLC
2021-03-30
/s/ M. Avi Epstein, attorney-in-fact for Sterling Capital Partners III, L.P.
2021-03-30
/s/ M. Avi Epstein, attorney-in-fact for SC Partners III, L.P.
2021-03-30
/s/ M. Avi Epstein, attorney-in-fact for Sterling Capital Partners III, LLC
2021-03-30