Filing Details
- Accession Number:
- 0001140361-23-006969
- Form Type:
- 13G Filing
- Publication Date:
- 2023-02-13 19:00:00
- Filed By:
- Psg Ultimate Gp Managing Member L.l.c.
- Company:
- Evercommerce Inc.
- Filing Date:
- 2023-02-14
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
PSG Ultimate GP Managing Member | 0 | 85,464,516 | 0 | 85,464,516 | 85,464,516 | 44.2% |
Providence Strategic Growth II | 0 | 10,823,936 | 0 | 10,823,936 | 10,823,936 | 5.6% |
Providence Strategic Growth II-A | 0 | 8,264,147 | 0 | 8,264,147 | 8,264,147 | 4.3% |
Providence Strategic Growth III | 0 | 11,693,622 | 0 | 11,693,622 | 11,693,622 | 6.1% |
Providence Strategic Growth III-A | 0 | 3,785,594 | 0 | 3,785,594 | 3,785,594 | 2.0% |
PSG PS Co-Investors | 0 | 50,897,217 | 0 | 50,897,217 | 50,897,217 | 26.3% |
Peter Osgood Wilde Jr | 0 | 85,464,516 | 0 | 85,464,516 | 85,464,516 | 44.2% |
Mark Edward Hastings | 0 | 85,464,516 | 0 | 85,464,516 | 85,464,516 | 44.2% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 1)*
Under the Securities Exchange Act of 1934
EverCommerce Inc.
(Name of Issuer)
Common Stock, par value $0.00001 per share
(Title of Class of Securities)
29977X105
(CUSIP Number)
December 31, 2022
(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 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. 29977X105 | 13G |
1 | NAMES OF REPORTING PERSONS | | | ||
PSG Ultimate GP Managing Member L.L.C. | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 (See Item 4) | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
85,464,516 (See Item 4) | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 (See Item 4) | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
85,464,516 (See Item 4) | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
85,464,516 (See Item 4) | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
44.2% (See Item 4) | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO | | | |||
| |
2
CUSIP No. 29977X105 | 13G |
1 | NAMES OF REPORTING PERSONS | | | ||
Providence Strategic Growth II L.P. | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 (See Item 4) | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
10,823,936 (See Item 4) | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 (See Item 4) | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
10,823,936 (See Item 4) | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
10,823,936 (See Item 4) | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
5.6% (See Item 4) | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
PN | | | |||
| |
3
CUSIP No. 29977X105 | 13G |
1 | NAMES OF REPORTING PERSONS | | | ||
Providence Strategic Growth II-A L.P. | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 (See Item 4) | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
8,264,147 (See Item 4) | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 (See Item 4) | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
8,264,147 (See Item 4) | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
8,264,147 (See Item 4) | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
4.3% (See Item 4) | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
PN | | | |||
| |
4
CUSIP No. 29977X105 | 13G |
1 | NAMES OF REPORTING PERSONS | | | ||
Providence Strategic Growth III L.P. | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 (See Item 4) | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
11,693,622 (See Item 4) | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 (See Item 4) | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
11,693,622 (See Item 4) | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
11,693,622 (See Item 4) | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
6.1% (See Item 4) | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
PN | | | |||
| |
5
CUSIP No. 29977X105 | 13G |
1 | NAMES OF REPORTING PERSONS | | | ||
Providence Strategic Growth III-A L.P. | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 (See Item 4) | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
3,785,594 (See Item 4) | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 (See Item 4) | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
3,785,594 (See Item 4) | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
3,785,594 (See Item 4) | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
2.0% (See Item 4) | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
PN | | | |||
| |
6
CUSIP No. 29977X105 | 13G |
1 | NAMES OF REPORTING PERSONS | | | ||
PSG PS Co-Investors L.P. | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 (See Item 4) | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
50,897,217 (See Item 4) | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 (See Item 4) | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
50,897,217 (See Item 4) | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
50,897,217 (See Item 4) | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
26.3% (See Item 4) | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
PN | | | |||
| |
7
CUSIP No. 29977X105 | 13G |
1 | NAMES OF REPORTING PERSONS | | | ||
Peter Osgood Wilde Jr. | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
United States | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 (See Item 4) | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
85,464,516 (See Item 4) | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 (See Item 4) | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
85,464,516 (See Item 4) | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
85,464,516 (See Item 4) | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
44.2% (See Item 4) | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
IN | | | |||
| |
8
CUSIP No. 29977X105 | 13G |
1 | NAMES OF REPORTING PERSONS | | | ||
Mark Edward Hastings | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
United States | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 (See Item 4) | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
85,464,516 (See Item 4) | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 (See Item 4) | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
85,464,516 (See Item 4) | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
85,464,516 (See Item 4) | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
44.2% (See Item 4) | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
IN | | | |||
| |
9
Item 1(a). | Name of Issuer: |
EverCommerce Inc. (“Issuer”)
Item 1(b). | Address of Issuer’s Principal Executive Offices: |
3601 Walnut Street
Suite 400
Denver, CO 80205
Item 2(a). | Name of Person Filing: |
This statement is being filed on behalf of PSG Ultimate GP Managing Member L.L.C. (“PSG Managing Member”), Providence Strategic Growth II L.P. (“PSG II”), Providence Strategic Growth II-A L.P.
(“PSG II-A”), Providence Strategic Growth III L.P. (“PSG III”), Providence Strategic Growth III-A L.P. (“PSG III-A”), PSG PS Co-Investors L.P. (“PSG Co-Invest” and, collectively with PSG II, PSG II-A, PSG III and PSG III-A, “PSG Funds”), Mark
Hastings and Peter Wilde. The PSG Funds, PSG Managing Member, Mr. Hastings and Mr. Wilde are collectively referred to herein as the “Reporting Persons.”
An agreement among the Reporting Persons was filed on behalf of each of them as Exhibit 1 to the Schedule 13G filed by the Reporting Persons on February 14, 2022.
Item 2(b). | Address of Principal Business Office or, if none, Residence: |
The principal business address of the Reporting Persons is:
401 Park Drive
Suite 204
Boston, MA 02215
Item 2(c). | Citizenship: |
PSG Managing Member is a Delaware limited liability company. PSG II, PSG II-A, PSG III, PSG III-A, and PSG Co-Invest are Delaware limited partnerships. Mr. Wilde and Mr. Hastings are U.S. citizens.
Item 2(d). | Title of Class of Securities: |
Common Stock, par value $0.00001 per share (“Common Stock”), of the Issuer.
Item 2(e). | CUSIP Number: |
29977X105
Item 3. | Not applicable. |
10
Item 4 | Ownership |
(a)-(c) The responses of the Reporting Persons to Rows 5, 6, 7, 8, 9 and 11 in each of their respective cover pages which relate to the beneficial ownership of the Common Stock of the Issuer, as of
December 31, 2022, are incorporated herein by reference.
As of December 31, 2022, the Reporting Persons beneficially owned 85,464,516 shares of Common Stock, which includes (i) 10,823,936 by PSG II, (ii) 8,264,147 by PSG II-A, (iii) 11,693,622 by PSG
III, (iv) 3,785,594 by PSG III-A and (v) 50,897,217 by PSG Co-Invest, representing approximately 44.2% of the shares of Common Stock outstanding. The percentage ownership was calculated assuming 193,201,157 shares of Common Stock outstanding as of
November 4, 2022, as reported in the Issuer’s Quarterly Report on Form 10-Q for the period ended September 30, 2022, filed with the Securities and Exchange Commission on November 10, 2022.
PSG Managing Member is the indirect managing member of the PSG Funds and holds voting and dispositive power over the shares of Common Stock held by the PSG Funds. The members of PSG Managing Member
are controlled by each of Mark Hastings and Peter Wilde, respectively. Each of Mr. Hastings and Mr. Wilde disclaim beneficial ownership of any of the Common Stock held by the PSG Funds, except to the extent of their pecuniary interest therein.
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 |
The responses of the Reporting Persons to Items 2(a) and 4 are incorporated herein by reference.
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 |
PSG II, PSG II-A, PSG-III, PSG III-A and PSG Co-Invest (the “PSG Stockholders”) are party to a previously disclosed Stockholders’ Agreement, entered into as of June 30, 2021, with SLA CM Eclipse
Holdings, L.P. and SLA Eclipse Co-Invest, L.P. (the “Silver Lake Stockholders”) and the Issuer, in which the PSG Stockholders and Silver Lake Stockholders acknowledged and agreed that they are acting as a group. The Reporting Persons are updating
their Schedule 13G to include reference to the Stockholders’ Agreement, which was inadvertently not included in their previous filing, and to acknowledge that the PSG Stockholders and the Silver Lake Stockholders have been and continue to
constitute a “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended. The Reporting Persons expressly disclaim beneficial ownership over any shares of Common Stock that they may be deemed to beneficially own
solely by reason of the Stockholders’ Agreement. The Silver Lake Stockholders and certain affiliates are reporting their beneficial ownership of shares of Common Stock on a separate Schedule 13G.
Item 9. | Notice of Dissolution of Group |
Not applicable.
Item 10. | Certification |
Not applicable.
11
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 14, 2023 | ||
By: | /s/ Mark E. Hastings | |
Name: | Mark E. Hastings |
By: | /s/ Peter O. Wilde | |
Name: | Peter O. Wilde |
PSG Ultimate GP Managing Member L.L.C. | ||
By: | /s/ Aaron W. Fine | |
Name: | Aaron W. Fine | |
Title: | Authorized Signatory |
Providence Strategic Growth II L.P. | ||
By: | Providence Strategic Growth II GP, L.P., its general partner |
By: | PSG II Ultimate GP L.L.C., its general partner |
By: | /s/ Aaron W. Fine | |
Name: | Aaron W. Fine | |
Title: | Authorized Signatory |
Providence Strategic Growth II-A L.P. | ||
By: | Providence Strategic Growth II-A GP, L.P., its general partner | |
By: | PSG II-A Ultimate GP L.L.C., its general partner |
By: | /s/ Aaron W. Fine | |
Name: | Aaron W. Fine | |
Title: | Authorized Signatory |
Providence Strategic Growth III L.P. | ||
By: | Providence Strategic Growth III GP L.P., its general partner | |
By: | PSG III Ultimate GP L.L.C., its general partner |
By: | /s/ Aaron W. Fine | |
Name: | Aaron W. Fine | |
Title: | Authorized Signatory |
Providence Strategic Growth III-A L.P. | ||
By: | Providence Strategic Growth III GP L.P., its general partner |
By: | PSG III Ultimate GP L.L.C., its general partner |
By: | /s/ Aaron W. Fine | |
Name: | Aaron W. Fine | |
Title: | Authorized Signatory |
PSG PS Co-Investors L.P. | ||
By: | PSG PS GP L.L.C., its general partner |
By: | Providence Strategic Growth II GP, L.P., its sole member |
By: | PSG II Ultimate GP L.L.C., its general partner |
By: | /s/ Aaron W. Fine | |
Name: | Aaron W. Fine | |
Title: | Authorized Signatory |