Page 8 of 10 – SEC Filing
| CUSIP NO. 87582Y108 | 13D | Page 8 of 10 Pages |
This Amendment No. 5 to Schedule 13D is being filed by Clearlake Capital Partners IV Finance,
L.P., Clearlake Capital Partners IV GP, L.P., Clearlake Capital Partners, LLC, CCG Operations, LLC, Behdad Eghbali and José E. Feliciano (collectively, the Reporting Persons), pursuant to §240.13d-2(a), to amend the Schedule
13D filed by the Reporting Persons on November 30, 2015 (the Initial Schedule 13D), as amended by Amendment No. 1 thereto filed by the Reporting Persons on December 15, 2015, by Amendment No. 2 thereto filed by the Reporting Persons on
January 11, 2016, by Amendment No. 3 thereto filed by the Reporting Persons on January 20, 2016, and by Amendment No. 4 thereto filed by the Reporting Persons on March 22, 2016, relating to the Common Stock, $0.0001 par value per share, of Tangoe,
Inc. Except as set forth below, all Items of the Initial Schedule 13D remain unchanged. All capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Initial Schedule 13D.
| Item 3. | Source and Amount of Funds or Other Consideration |
Item 3 of the Initial Schedule 13D is
amended in its entirety to read as follows:
In a series of transactions completed on April 13, 2016, the Reporting Persons acquired
7,492,797 shares of common stock of the Issuer (the Shares) for approximately $56.9 million in investment capital. The source of funds for this consideration was the available capital of Clearlake Capital Partners IV Finance, L.P., which
may, at any given time, include margin loans made by brokerage firms, or capital contributions from investors in Clearlake Capital Partners IV Finance, L.P., each in the ordinary course of business.
| Item 5. | Interest in Securities of the Issuer |
Item 5 of the Initial Schedule 13D is amended in
its entirety to read as follows:
The information contained on the cover pages to this Schedule 13D and the information set forth or
incorporated in Items 2, 3, 4 and 6 are incorporated herein by reference.
| (a) | As of the date hereof, the Reporting Persons have the following interest in the securities of the Company: |
| i. | Clearlake Capital Partners IV Finance, L.P. beneficially owns 7,492,797 Shares, making it the beneficial owner of 19.00% of the Issuers common stock. Clearlake Capital Partners IV Finance, L.P. has shared voting and investment power with respect to these Shares, and does not have sole voting or investment power with respect to any of these Shares. |
| ii. | Clearlake Capital Partners IV GP, L.P. beneficially owns 7,492,797 Shares, making it the beneficial owner of 19.00% of the Issuers common stock. Clearlake Capital Partners IV GP, L.P. has shared voting and investment power with respect to these Shares, and does not have sole voting or investment power with respect to any of these Shares. |
| iii. | Clearlake Capital Partners, LLC beneficially owns 7,492,797 Shares, making it the beneficial owner of 19.00% of the Issuers common stock. Clearlake Capital Partners, LLC has shared voting and investment power with respect to these Shares, and does not have sole voting or investment power with respect to any of these Shares. |
| iv. | CCG Operations, LLC beneficially owns 7,492,797 Shares, making it the beneficial owner of 19.00% of the Issuers common stock. CCG Operations, LLC has shared voting and investment power with respect to these Shares, and does not have sole voting or investment power with respect to any of these Shares. |
| v. | Behdad Eghbali beneficially owns 7,492,797 Shares, making him the beneficial owner of 19.00% of the Issuers common stock. Mr Eghbali has shared voting and investment power with respect to these Shares, and does not have sole voting or investment power with respect to any of these Shares. |
| vi. | José E. Feliciano beneficially owns 7,492,797 Shares, making him the beneficial owner of 19.00% of the Issuers common stock. Mr. Feliciano has shared voting and investment power with respect to these Shares, and does not have sole voting or investment power with respect to any of these Shares. |
