Sec Form 13G Filing - Advent International L.P. filing for FIRST WATCH RESTAURANT GROUP I (FWRG) - 2023-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

 

 

First Watch Restaurant Group, Inc.

(Name of Issuer)

COMMON STOCK, $0.01 PAR VALUE PER SHARE

(Title of Class of Securities)

33748L101

(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. 33748L101    SCHEDULE 13G    Page 2 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International Corporation

  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

 

  41,564,784

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  41,564,784

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  41,564,784

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  70.2% (1)

12.  

  TYPE OF REPORTING PERSON

 

  CO

 

(1)    The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 3 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International VIII, LLC

  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

 

  41,564,784

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  41,564,784

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  41,564,784

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  70.2% (1)

12.  

  TYPE OF REPORTING PERSON

 

  OO

 

(1)    The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 4 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  GPE VIII GP S.à.r.l.

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Luxembourg

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  SOLE VOTING POWER

 

  28,497,561

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  28,497,561

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  28,497,561

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  48.1% (1)

12.  

  TYPE OF REPORTING PERSON

 

  CO

 

(1)    The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 5 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII Limited Partnership

  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

 

  2,491,060

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  2,491,060

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,491,060

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  4.2% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)    The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 6 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-B-1 Limited Partnership

  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

 

  2,703,830

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  2,703,830

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,703,830

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  4.6% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)    The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 7 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-B-2 Limited Partnership

  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

 

  2,016,017

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  2,016,017

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,016,017

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  3.4% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)    The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 8 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-B-3 Limited Partnership

  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

 

  3,148,034

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  3,148,034

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  3,148,034

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  5.3% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 9 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-B Limited Partnership

  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

 

  7,597,957

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  7,597,957

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  7,597,957

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  12.8% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 10 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-C Limited Partnership

  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

 

  1,241,000

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  1,241,000

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,241,000

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  2.1% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 11 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-D Limited Partnership

  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

 

  1,061,357

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  1,061,357

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,061,357

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  1.8% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 12 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-F Limited Partnership

  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

 

  314,520

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  314,520

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  314,520

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.5% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 13 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-H Limited Partnership

  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

 

  2,786,461

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  2,786,461

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,786,461

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  4.7% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)    The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 14 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-I Limited Partnership

  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

 

  2,591,066

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  2,591,066

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,591,066

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  4.4% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)    The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 15 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-J Limited Partnership

  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

 

  2,546,259

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  2,546,259

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,546,259

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  4.3% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)    The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 16 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  GPE VIII GP Limited Partnership

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  SOLE VOTING POWER

 

  11,310,360

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  11,310,360

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  11,310,360

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  19.1% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)    The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 17 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-A Limited Partnership

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  SOLE VOTING POWER

 

  5,843,136

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  5,843,136

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  5,843,136

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  9.9% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)   The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 18 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-E Limited Partnership

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  SOLE VOTING POWER

 

  1,181,978

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  1,181,978

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,181,978

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  2.0% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)   The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 19 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-G Limited Partnership

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  SOLE VOTING POWER

 

  2,004,711

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  2,004,711

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,004,711

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  3.4% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)   The percent of clas s was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 20 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-K Limited Partnership

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  SOLE VOTING POWER

 

  1,194,738

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  1,194,738

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,194,738

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  2.0% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)   The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 21 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent International GPE VIII-L Limited Partnership

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  SOLE VOTING POWER

 

  1,085,797

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  1,085,797

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,085,797

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  1.8% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)   The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 22 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  AP GPE VIII GP Limited Partnership

  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

 

  1,756,863

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  1,756,863

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,756,863

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  3.0% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 23 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent Partners GPE VIII Limited Partnership

  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

 

  91,942

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  91,942

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  91,942

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.2% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 24 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent Partners GPE VIII Cayman Limited Partnership

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  SOLE VOTING POWER

 

  573,012

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  573,012

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  573,012

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  1.0% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 25 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent Partners GPE VIII-A Limited Partnership

  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

 

  110,480

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  110,480

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  110,480

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.2% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 26 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent Partners GPE VIII-A Cayman Limited Partnership

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  SOLE VOTING POWER

 

  76,438

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  76,438

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  76,438

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.1% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


CUSIP No. 33748L101    SCHEDULE 13G    Page 27 of 34 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Advent Partners GPE VIII-B Cayman Limited Partnership

  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

 

  904,991

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  904,991

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  904,991

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  1.5% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 59,199,619 shares of Common Stock outstanding as of November 3, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2022.


Item 1.       Issuer
   (a)    Name of Issuer:
      First Watch Restaurant Group, Inc. (the “Issuer”)
   (b)    Address of Issuer’s Principal Executive Offices:
     

8725 Pendery Place, Suite 201

Bradenton, FL 34201

Item 2.       Filing Person
   (a) – (c)    Name of Persons Filing; Address; Citizenship:
     

(i)    Advent International Corporation, a Delaware corporation;

(ii)    Advent International GPE VIII, LLC, a Delaware limited liability company;

(iii)     GPE VIII GP S.à.r.l., a Luxembourg Société à responsabilité limitée;

(iv)   Advent International GPE VIII Limited Partnership, a Delaware limited partnership;

(v)     Advent International GPE VIII-B-1 Limited Partnership, a Delaware limited partnership;

(vi)   Advent International GPE VIII-B-2 Limited Partnership, a Delaware limited partnership;

(vii)    Advent International GPE VIII-B-3 Limited Partnership, a Delaware limited partnership;

(viii)    Advent International GPE VIII-B Limited Partnership, a Delaware limited partnership;

(ix)   Advent International GPE VIII-C Limited Partnership, a Delaware limited partnership;

(x)     Advent International GPE VIII-D Limited Partnership, a Delaware limited partnership;

(xi)   Advent International GPE VIII-F Limited Partnership, a Delaware limited partnership;

(xii)    Advent International GPE VIII-H Limited Partnership, a Delaware limited partnership;

(xiii)    Advent International GPE VIII-I Limited Partnership, a Delaware limited partnership;

(xiv)   Advent International GPE VIII-J Limited Partnership, a Delaware limited partnership (the funds set forth in the foregoing clauses (iv)-(xiv), the “Advent VIII Luxembourg Funds”);

(xv)     GPE VIII GP Limited Partnership, a Cayman Islands limited partnership;

(xvi)   Advent International GPE VIII-A Limited Partnership, a Cayman Islands limited partnership;

(xvii)   Advent International GPE VIII-E Limited Partnership, a Cayman Islands limited partnership;

(xviii)    Advent International GPE VIII-G Limited Partnership, a Cayman Islands limited partnership;

(xix)   Advent International GPE VIII-K Limited Partnership, a Cayman Islands limited partnership;

(xx)     Advent International GPE VIII-L Limited Partnership, a Cayman Islands limited partnership (the funds set forth in the foregoing clauses (xvi)-(xx), the “Advent VIII Cayman Funds”);

(xxi)   AP GPE VIII GP Limited Partnership, a Delaware limited partnership;

(xxii)   Advent Partners GPE VIII Limited Partnership, a Delaware limited partnership;

(xxiii)    Advent Partners GPE VIII Cayman Limited Partnership, a Cayman Islands limited partnership;

(xxiv)  Advent Partners GPE VIII-A Limited Partnership, a Delaware limited partnership;

(xxv)    Advent Partners GPE VIII-A Cayman Limited Partnership, a Cayman Islands limited partnership;

(xxvi)  Advent Partners GPE VIII-B Cayman Limited Partnership, a Cayman Islands limited partnership (the funds set forth in the foregoing clauses (xxii)-(xxvi), the “Advent VIII Partners Funds” and together with the Advent VIII Luxembourg Funds and the Advent VIII Cayman Funds, the “Advent VIII Funds”).

 

GPE VIII GP S.à.r.l. is the general partner of the Advent VIII Luxembourg Funds. GPE VIII GP Limited Partnership is the general partner of the Advent VIII Cayman Funds. AP GPE VIII GP Limited Partnership is the general partner of the Advent VIII Partners Funds. Advent International GPE VIII, LLC is the manager of GPE VIII GP S.à.r.l. and the general partner of each of GPE VIII GP Limited Partnership and AP GPE VIII GP Limited Partnership.

 

Advent is the manager of Advent International GPE VIII, LLC and may be deemed to have voting and dispositive power over the shares held by the Advent VIII Luxembourg Funds, the Advent VIII Cayman Funds and the Advent VIII Partners Funds.

 

The address of the principal business and the principal office of the Reporting Persons is Prudential Tower, 800 Boylston Street, Boston, Massachusetts 02199-8069.


CUSIP No. 33748L101    SCHEDULE 13G    Page 29 of 34 Pages

 

   (d)    Title of Class of Securities:
      Common Stock, $0.01 par value per share ( “Common Stock”)
   (e)   

CUSIP Number:

 

33748L101

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:
   Not applicable.
Item 4.    Ownership.
   (a) – (c)    Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

     Number of
Shares
Beneficially
Owned
     Sole Voting
Power
     Shared
Voting
Power
     Sole
Dispositive
Power
     Shared
Dispositive
Power
     Percentage
of
Common
Stock
Outstanding
 

Advent International Corporation

     41,564,784        41,564,784        —          41,564,784        —          70.2

Advent International GPE VIII, LLC

     41,564,784        41,564,784        —          41,564,784        —          70.2

GPE VIII GP S.à.r.l.

     28,497,561        28,497,561        —          28,497,561        —          48.1

Advent International GPE VIII Limited Partnership

     2,491,060        2,491,060        —     ;      2,491,060        —          4.2

Advent International GPE VIII-B-1 Limited Partnership

     2,703,830        2,703,830        —          2,703,830        —          4.6

Advent International GPE VIII-B-2 Limited Partnership

     2,016,017        2,016,017        —          2,016,017        —          3.4

Advent International GPE VIII-B-3 Limited Partnership

     3,148,034        3,148,034        —          3,148,034        —          5.3

Advent International GPE VIII-B Limited Partnership

     7,597,957        7,597,957        —          7,597,957        —          12.8

Advent International GPE VIII-C Limited Partnership

     1,241,000        1,241,000        —          1,241,000        —          2.1

Advent International GPE VIII-D Limited Partnership

     1,061,357        1,061,357        —          1,061,357        —          1.8


CUSIP No. 33748L101    SCHEDULE 13G    Page 30 of 34 Pages

 

Advent International GPE VIII-F Limited Partnership

     314,520        314,520        —          314,520        —          0.5

Advent International GPE VIII-H Limited Partnership

     2,786,461        2,786,461        —          2,786,461        —          4.7

Advent International GPE VIII-I Limited Partnership

     2,591,066        2,591,066        —          2,591,066        —          4.4

Advent International GPE VIII-J Limited Partnership

     2,546,259        2,546,259        —          2,546,259        —          4.3

GPE VIII GP Li mited Partnership

     11,310,360        11,310,360        —          11,310,360        —          19.1

Advent International GPE VIII-A Limited Partnership

     5,843,136        5,843,136        —          5,843,136        —          9.9

Advent International GPE VIII-E Limited Partnership

     1,181,978        1,181,978        —          1,181,978        —          2.0

Advent International GPE VIII-G Limited Partnership

     2,004,711        2,004,711        —          2,004,711        —          3.4

Advent International GPE VIII-K Limited Partnership

     1,194,738        1,194,738        —          1,194,738        —          2.0

Advent International GPE VIII-L Limited Partnership

     1,085,797        1,085,797        —          1,085,797        —          1.8

AP GPE VIII GP Limited Partnership

     1,756,863        1,756,863        —          1,756,863        —          3.0

Advent Partners GPE VIII Limited Partnership

     91,942        91,942        —          91,942        —          0.2

Advent Partners GPE VIII Cayman Limited Partnership

     573,012        573,012        —          573,012        —          1.0

Advent Partners GPE VIII-A Limited Partnership

     110,480        110,480        —          110,480        —          0.2

Advent Partners GPE VIII-A Cayman Limited Partnership

     76,438        76,438        —          76,438        —          0.1

Advent Partners GPE VIII-B Cayman Limited Partnership

     904,991        904,991        —          904,991        —          1.5

 

Item 5.    Ownership of Five Percent or Less of a Class.
   If this statement is being filed to report the fact that as of the date hereof the reporting persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following.  ☐


CUSIP No. 33748L101    SCHEDULE 13G    Page 31 of 34 Pages

 

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 or Control Person.
   Not applicable.
Item 8.    Identification and Classification of Members of the Group.
   The Reporting Persons expressly disclaim membership in a “group” as used in Rule 13d-5(b)(1)..
Item 9.    Notice of Dissolution of Group.
   Not applicable.
Item 10.    Certification.
   Not applicable.


CUSIP No. 33748L101    SCHEDULE 13G    Page 32 of 34 Pages

 

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.

 

Date: February 14, 2023     ADVENT INTERNATIONAL CORPORATION
   

/s/ Neil Crawford

    Name:   Neil Crawford
    Title:   Vice President of Finance
Date: February 14, 2023    

ADVENT INTERNATIONAL GPE VIII LIMITED PARTNERSHIP

ADVENT INTERNATIONAL GPE VIII-B-1 LIMITED PARTNERSHIP

ADVENT INTERNATIONAL GPE VIII-B-2 LIMITED PARTNERSHIP

ADVENT INTERNATIONAL GPE VIII-B-3 LIMITED PARTNERSHIP

    ADVENT INTERNATIONAL GPE VIII-B LIMITED PARTNERSHIP
    ADVENT INTERNATIONAL GPE VIII-C LIMITED PARTNERSHIP
    ADVENT INTERNATIONAL GPE VIII-D LIMITED PARTNERSHIP
    ADVENT INTERNATIONAL GPE VIII-F LIMITED PARTNERSHIP
   

ADVENT INTERNATIONAL GPE VIII-H LIMITED PARTNERSHIP

ADVENT INTERNATIONAL GPE VIII-I LIMITED PARTNERSHIP

ADVENT INTERNATIONAL GPE VIII-J LIMITED PARTNERSHIP

    By: GPE VIII GP S.A.R.L., GENERAL PARTNER
    By: ADVENT INTERNATIONAL GPE VIII, LLC, MANAGER
   

/s/ Justin Nuccio

    Name: Justin Nuccio
    Title: Manager
    By: ADVENT INTERNATIONAL CORPORATION, MANAGER
   

/s/ Neil Crawford

    Name: Neil Crawford
    Title: Vice President of Finance


CUSIP No. 33748L101    SCHEDULE 13G    Page 33 of 34 Pages

 

Date: February 14, 2023     ADVENT INTERNATIONAL GPE VIII-A LIMITED PARTNERSHIP
    ADVENT INTERNATIONAL GPE VIII-E LIMITED PARTNERSHIP
   

ADVENT INTERNATIONAL GPE VIII-G LIMITED PARTNERSHIP

ADVENT INTERNATIONAL GPE VIII-K LIMITED PARTNERSHIP

ADVENT INTERNATIONAL GPE VIII-L LIMITED PARTNERSHIP

    By: GPE VIII GP LIMITED PARTNERSHIP, GENERAL PARTNER
    By: ADVENT INTERNATIONAL GPE VIII, LLC, GENERAL PARTNER
    By: ADVENT INTERNATIONAL CORPORATION, MANAGER
   

/s/ Neil Crawford

    Name: Neil Crawford
    Title: Vice President of Finance
Date: February 14, 2023    

ADVENT PARTNERS GPE VIII LIMITED PARTNERSHIP

ADVENT PARTNERS GPE VIII CAYMAN LIMITED PARTNERSHIP

ADVENT PARTNERS GPE VIII-A LIMITED PARTNERSHIP

ADVENT PARTNERS GPE VIII-A CAYMAN LIMITED PARTNERSHIP

ADVENT PARTNERS GPE VIII-B CAYMAN LIMITED PARTNERSHIP

 

By: ADVENT GPE VIII GP LIMITED PARTNERSHIP, GENERAL PARTNER

By: ADVENT INTERNATIONAL GPE VIII, LLC, GENERAL PARTNER

By: ADVENT INTERNATIONAL CORPORATION, MANAGER

   

/s/ Neil Crawford

    Name: Neil Crawford
    Title: Vice President of Finance


CUSIP No. 33748L101    SCHEDULE 13G    Page 34 of 34 Pages

 

Date: February 14, 2023     GPE VIII GP S.A.R.L.
    By: ADVENT INTERNATIONAL GPE VIII, LLC, MANAGER
   

/s/ Justin Nuccio

    Name: Justin Nuccio
    Title: Manager
    By: ADVENT INTERNATIONAL CORPORATION, MANAGER
   

/s/ Neil Crawford

    Name: Neil Crawford
    Title: Vice President of Finance
Date: February 14, 2023     GPE VIII GP LIMITED PARTNERSHIP
    By: ADVENT INTERNATIONAL GPE VIII, LLC, GENERAL PARTNER
    By: ADVENT INTERNATIONAL CORPORATION, MANAGER
   

/s/ Neil Crawford

    Name: Neil Crawford
    Title: Vice President of Finance
   

AP GPE VIII GP LIMITED PARTNERSHIP

By: ADVENT INTERNATIONAL GPE VIII, LLC, GENERAL PARTNER

By: ADVENT INTERNATIONAL CORPORATION, MANAGER

 

/s/ Neil Crawford

   

Name: Neil Crawford

Title: Vice President of Finance

Date: February 14, 2023     ADVENT INTERNATIONAL GPE VIII, LLC
    By: ADVENT INTERNATIONAL CORPORATION, MANAGER
   

/s/ Neil Crawford

    Name: Neil Crawford
    Title: Vice President of Finance