SC 13G 1 a2038488zsc13g.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* ------ CHOICE ONE COMMUNICATIONS, INC. -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK -------------------------------------------------------------------------------- (Title of Class of Securities) 17038P104 ---------------------------------- (CUSIP Number) FEBRUARY 16, 2000 -------------------------------------------------------------------------------- (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) /X/ 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 ("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. 17038P104 SCHEDULE 13G --------- ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. Identification Nos. of above persons (entities only). Fleet Venture Resources, Inc. TIN#: 05-0315508 ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) /X/ OF A GROUP (SEE INSTRUCTIONS) (b) / / ------------------------------------------------------------------------------- (3) SEC USE ONLY ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Rhode Island ------------------------------------------------------------------------------- Number of Shares (5) SOLE VOTING POWER Beneficially None. Owned by -------------------------------------------------- Each Reporting (6) SHARED VOTING POWER Person With: 1,460,452 -------------------------------------------------- (7) SOLE DISPOSITIVE POWER None. -------------------------------------------------- (8) SHARED DISPOSITIVE POWER 2,646,014 ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,648,514 ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) / / ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO ------------------------------------------------------------------------------- CUSIP No. 17038P104 --------- ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Fleet Equity Partners VI, L.P. TIN#: 05-0481063 ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) /X/ OF A GROUP (SEE INSTRUCTIONS) (b) / / ------------------------------------------------------------------------------- (3) SEC USE ONLY ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- Number of Shares (5) SOLE VOTING POWER Beneficially None. Owned by -------------------------------------------------- Each Reporting (6) SHARED VOTING POWER Person With: 625,907 -------------------------------------------------- (7) SOLE DISPOSITIVE POWER None. -------------------------------------------------- (8) SHARED DISPOSITIVE POWER 2,646,014 ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,648,514 ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) / / ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN ------------------------------------------------------------------------------- CUSIP No. 17038P104 --------- ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Silverado IV Corp. TIN#: 05-0481110 ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) /X/ OF A GROUP (SEE INSTRUCTIONS) (b) / / ------------------------------------------------------------------------------- (3) SEC USE ONLY ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- Number of Shares (5) SOLE VOTING POWER Beneficially None. Owned by -------------------------------------------------- Each Reporting (6) SHARED VOTING POWER Person With: 625,907 -------------------------------------------------- (7) SOLE DISPOSITIVE POWER None. -------------------------------------------------- (8) SHARED DISPOSITIVE POWER 2,646,014 ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,648,514 ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) / / ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO ------------------------------------------------------------------------------- CUSIP No. 17038P104 --------- ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Chisholm Partners III, L.P. TIN#: 05-0491430 ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) /X/ OF A GROUP (SEE INSTRUCTIONS) (b) / / ------------------------------------------------------------------------------- (3) SEC USE ONLY ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- Number of Shares (5) SOLE VOTING POWER Beneficially None. Owned by -------------------------------------------------- Each Reporting (6) SHARED VOTING POWER Person With: 529,203 -------------------------------------------------- (7) SOLE DISPOSITIVE POWER None. -------------------------------------------------- (8) SHARED DISPOSITIVE POWER 2,646,014 ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,648,514 ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) / / ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN ------------------------------------------------------------------------------- CUSIP No. 17038P104 --------- ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Silverado III Corp. TIN#: 05-0488882 ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) /X/ OF A GROUP (SEE INSTRUCTIONS) (b) / / ------------------------------------------------------------------------------- (3) SEC USE ONLY ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- Number of Shares (5) SOLE VOTING POWER Beneficially None. Owned by -------------------------------------------------- Each Reporting (6) SHARED VOTING POWER Person With: 1,989,655 -------------------------------------------------- (7) SOLE DISPOSITIVE POWER None. -------------------------------------------------- (8) SHARED DISPOSITIVE POWER 2,646,014 ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,648,514 ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) / / ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO ------------------------------------------------------------------------------- CUSIP No. 17038P104 --------- ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Silverado III, L.P. TIN#: 05-0491418 ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) /X/ OF A GROUP (SEE INSTRUCTIONS) (b) / / ------------------------------------------------------------------------------- (3) SEC USE ONLY ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- Number of Shares (5) SOLE VOTING POWER Beneficially None. Owned by -------------------------------------------------- Each Reporting (6) SHARED VOTING POWER Person With: 529,203 -------------------------------------------------- (7) SOLE DISPOSITIVE POWER None. -------------------------------------------------- (8) SHARED DISPOSITIVE POWER 2,646,014 ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,648,514 ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) / / ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN ------------------------------------------------------------------------------- CUSIP No. 17038P104 --------- ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Kennedy Plaza Partners TIN#: 05-0489106 ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) /X/ OF A GROUP (SEE INSTRUCTIONS) (b) / / ------------------------------------------------------------------------------- (3) SEC USE ONLY ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Rhode Island ------------------------------------------------------------------------------- Number of Shares (5) SOLE VOTING POWER Beneficially None. Owned by -------------------------------------------------- Each Reporting (6) SHARED VOTING POWER Person With: 30,452 -------------------------------------------------- (7) SOLE DISPOSITIVE POWER None. -------------------------------------------------- (8) SHARED DISPOSITIVE POWER 2,646,014 ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,648,514 ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) / / ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN ------------------------------------------------------------------------------- CUSIP No. 17038P104 --------- ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Robert M. Van Degna S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) /X/ OF A GROUP (SEE INSTRUCTIONS) (b) / / ------------------------------------------------------------------------------- (3) SEC USE ONLY ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Rhode Island ------------------------------------------------------------------------------- Number of Shares (5) SOLE VOTING POWER Beneficially 2,500 Owned by -------------------------------------------------- Each Reporting (6) SHARED VOTING POWER Person With: 2,646,014 -------------------------------------------------- (7) SOLE DISPOSITIVE POWER 2,500 -------------------------------------------------- (8) SHARED DISPOSITIVE POWER 2,646,014 ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,648,514 ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) / / ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN ------------------------------------------------------------------------------- CUSIP No. 17038P104 --------- ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Habib Y. Gorgi S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) /X/ OF A GROUP (SEE INSTRUCTIONS) (b) / / ------------------------------------------------------------------------------- (3) SEC USE ONLY ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Rhode Island ------------------------------------------------------------------------------- Number of Shares (5) SOLE VOTING POWER Beneficially None Owned by -------------------------------------------------- Each Reporting (6) SHARED VOTING POWER Person With: 2,646,014 -------------------------------------------------- (7) SOLE DISPOSITIVE POWER None -------------------------------------------------- (8) SHARED DISPOSITIVE POWER 2,646,014 ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,648,514 ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) / / ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN ------------------------------------------------------------------------------- ITEM 1. (a) Name of Issuer Choice One Communications, Inc. --------------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices 100 Chestnut Street Rochester, NY 14604-2417 --------------------------------------------------------------------- ITEM 2. (a) Name of Person Filing: 1) Fleet Venture Resources, Inc. 2) Fleet Equity Partners VI, L.P. 3) Silverado IV Corp. 4) Chisholm Partners III, L.P. 5) Silverado III Corp. 6) Silverado III, L.P. 7) Kennedy Plaza Partners 8) Robert M. Van Degna 9) Habib Y. Gorgi --------------------------------------------------------------------- (b) Address of Principal Business Office or, if none, Residence: 50 Kennedy Plaza Providence, RI 02903 --------------------------------------------------------------------- (c) Citizenship: 1) RI Corporation 2) DE Partnership 3) DE Corporation 4) DE Partnership 5) DE Corporation 6) DE Partnership 7) RI Partnership 8) United States citizen 9) United States citizen --------------------------------------------------------------------- (d) Title of Class of Securities Common Stock --------------------------------------------------------------------- (e) CUSIP Number 17038P104 --------------------------------------------------------------------- ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: Not Applicable ITEM 4. OWNERSHIP Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. FLEET VENTURE RESOURCES, INC.(FVR) owns of record 1,460,452 shares of Common Stock. FLEET EQUITY PARTNERS VI, L.P. (FEPVI) owns of record 625,907 shares of Common Stock. CHISHOLM PARTNERS III, L.P. (CP3) owns of record 529,203 shares of Common Stock. KENNEDY PLAZA PARTNERS (KPP) owns of record 30,452 shares of Common Stock ROBERT VAN DEGNA owns of record options to purchase 2,500 shares of Common Stock that are exercisable within 60 days. The above entities in aggregate: (a) Amount beneficially owned: 2,648,514 shares of Common Stock --------------------------------------------------------------------------- (b) Percent of class: 7.0% --------------------------------------------------------------------------- (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 2,500 ----------------------------------------------------------------- (ii) Shared power to vote or to direct the vote 2,646,014 ----------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of 2,500 ----------------------------------------------------------------- (iv) Shared power to dispose or to direct the disposition of 2,646,014 ----------------------------------------------------------------- Pursuant to an agreement dated June 30, 2000, among FleetBoston Financial Corporation ("FBF"), Silverado IV Corp. (S4C), Silverado III Corp. (S3C), Robert M. Van Degna, Habib Y. Gorgi and certain other parties (the "Management Agreement"), S4C was given sole voting and investment power over the Common Stock owned by FEP VI. Messrs. Van Degna and Gorgi control S4C, and thus may be deemed to possess indirect beneficial ownership of the shares of Common Stock deemed beneficially held by FEP VI. Pursuant to the Management Agreement, S3C was given sole voting and investment power over the Common Stock owned by FVR. Messrs. Van Degna and Gorgi control S3C, and thus may be deemed to possess indirect beneficial ownership of the shares of Common Stock deemed beneficially held by FVR. Silverado III, L.P. (S3LP) is the general partner of CP3, and thus may be deemed to possess indirect beneficial ownership of the shares of Common Stock deemed beneficially held by CP3. S3C is the general partner of S3LP, and thus may be deemed to possess indirect beneficial ownership of the shares of Common Stock deemed beneficially held by CP3. Messrs. Van Degna and Gorgi control S3C, and thus may be deemed to possess indirect beneficial ownership of the shares of Common Stock deemed beneficially held by CP3. Robert M. Van Degna and Habib Y. Gorgi are Managing General Partners of KPP , and thus may be deemed to possess indirect beneficial ownership of the shares of Common Stock deemed beneficially held by KPP. Mr. Van Degna also owns 2,500 vested Non-Employee Director Stock Options convertible into Common Stock. 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 Fleet Growth Resources II, Inc. (FGRII) is a general partner of FEP VI. FleetGrowth Resources, Inc. (FGR) owns all of the outstanding common stock of FGRII. FBF owns all of the outstanding common stock of FGR. As a result of these relationships, these entities may be deemed to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock held by FEP VI. FBF owns all of the outstanding common stock of FVR. As a result, FBF may be deemed to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock held by FVR. 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 See Exhibit A ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not Applicable ITEM 10. CERTIFICATION Not Applicable EXHIBIT A Identification and Classification of Members of the Group: Fleet Venture Resources, Inc. CO Fleet Equity Partners VI, L.P. PN Silverado IV Corp. CO Chisholm Partners III, L.P. PN Silverado III Corp. CO Silverado III, L.P. PN Kennedy Plaza Partners PN Robert M. Van Degna IN Habib Y. Gorgi IN SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 12, 2001 FLEET VENTURE RESOURCES, INC. ------------------------------- By Robert M. Van Degna As Attorney-In-Fact Granted 8/4/00 SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 12, 2001 Fleet Equity Partners VI, L.P. ------------------------------- By Robert M. Van Degna Chairman, CEO & Treasurer, Silverado IV Corp., A General Partner, Fleet Equity Partners VI, L.P. SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 12, 2001 SILVERADO IV CORP. ------------------------------- By Robert M. Van Degna Chairman, CEO & Treasurer SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 12, 2001 CHISHOLM PARTNERS III, L.P. ------------------------------- By Robert M. Van Degna Chairman & CEO, Silverado III Corp. General Partner, Silverado III, L.P. General Partner, Chisholm Partners III, L.P. SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 12, 2001 SILVERADO III CORP. ------------------------------- By Robert M. Van Degna Chairman, CEO & Treasurer SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 12, 2001 Silverado III, L.P. ------------------------------- By Robert M. Van Degna Chairman & CEO Silverado III Corp. General Partner Silverado III, L.P. SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 12, 2001 kENNEDY PLAZA PARTNERS ------------------------------- By Robert M. Van Degna Managing General Partner SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 12, 2001 ROBERT M. VAN DEGNA ------------------------------- By Robert M. Van Degna SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 12, 2001 HABIB Y. GORGI ------------------------------- By Habib Y. Gorgi