Sec Form 13G Filing - Carlyle Group Inc. (CG) filing for ZoomInfo Technologies Inc. (ZI) - 2024-11-14

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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- Peter Lynch
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United states

Securities and Exchange Commission

Washington, D.C. 20549

 

Schedule 13G

 

(Rule 13d-102)

 

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

(Amendment No. 4)*

 

ZoomInfo Technologies Inc.

(Name of Issuer)

 

Common Stock, par value $0.01

(Title of Class of Securities)

 

98980F104

(CUSIP Number)

 

September 30, 2024

(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. 98980F104 Schedule 13G Page 1 of 26

 

1

Names of Reporting Persons

 

The Carlyle Group Inc.

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

6

Shared Voting Power

 

11,665,307

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

11,665,307

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,665,307

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

3.2%

12

Type of Reporting Person

 

CO

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 2 of 26

 

1

Names of Reporting Persons

 

Carlyle Holdings I GP Inc.

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

6

Shared Voting Power

 

11,665,307

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

11,665,307

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,665,307

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

3.2%

12

Type of Reporting Person

 

CO

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 3 of 26

 

1

Names of Reporting Persons

 

Carlyle Holdings I GP Sub 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

6

Shared Voting Power

 

11,665,307

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

11,665,307

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,665,307

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

3.2%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 4 of 26

 

1

Names of Reporting Persons

 

Carlyle Holdings I 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

6

Shared Voting Power

 

11,665,307

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

11,665,307

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,665,307

10

Check if the Aggregate Amo unt in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

3.2%

12

Type of Reporting Person

 

PN

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 5 of 26

 

1

Names of Reporting Persons

 

CG Subsidiary Holdings 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

6

Shared Voting Power

 

11,665,307

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

11,665,307

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,665,307

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

3.2%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 6 of 26

 

1

Names of Reporting Persons

 

TC Group, 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

6

Shared Voting Power

 

11,665,307

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

11,665,307

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,665,307

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

3.2%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 7 of 26

 

1

Names of Reporting Persons

 

TC Group Sub 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

6

Shared Voting Power

 

11,665,307

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

11,665,307

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,665,307

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

3.2%

12

Type of Reporting Person

 

PN

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 8 of 26

 

1

Names of Reporting Persons

 

TC Group VI S1, 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

6

Shared Voting Power

 

11,665,307

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

11,665,307

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,665,307

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

3.2%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 9 of 26

 

1

Names of Reporting Persons

 

TC Group VI S1, 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

6

Shared Voting Power

 

11,665,307

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

11,665,307

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

11,665,307

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

3.2%

12

Type of Reporting Person

 

PN

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 10 of 26

 

1

Names of Reporting Persons

 

Carlyle Partners VI Evergreen Holdings, 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

6

Shared Voting Power

 

5,816,470

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

5,816,470

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,816,470

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

1.6%

12

Type of Reporting Person

 

PN

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 11 of 26

 

1

Names of Reporting Persons

 

CP VI Evergreen Holdings, 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

6

Shared Voting Power

 

5,848,837

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

5,848,837

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,848,837

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

1.6%

12

Type of Reporting Person

 

PN

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 12 of 26

 

1

Names of Reporting Persons

 

Carlyle Holdings II GP 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

6

Shared Voting Power

 

0

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

0.0%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 13 of 26

 

1

Names of Reporting Persons

 

Carlyle Holdings II 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

6

Shared Voting Power

 

0

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

0.0%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 14 of 26

 

1

Names of Reporting Persons

 

TC Group Cayman Investment Holdings, 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

 

Cayman Islands

Number of Shares

Beneficially Owned by

Each Reporting Person

With

5

Sole Voting Power

 

0

6

Shared Voting Power

 

0

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

0.0%

12

Type of Reporting Person

 

PN

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 15 of 26

 

1

Names of Reporting Persons

 

TC Group Cayman Investment Holdings Sub 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

 

Cayman Islands

Number of Shares

Beneficially Owned by

Each Reporting Person

With

5

Sole Voting Power

 

0

6

Shared Voting Power

 

0

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

0.0%

12

Type of Reporting Person

 

PN

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 16 of 26

 

1

Names of Reporting Persons

 

TC Group VI, 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

6

Shared Voting Power

 

0

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

0.0%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 17 of 26

 

1

Names of Reporting Persons

 

TC Group VI, 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

6

Shared Voting Power

 

0

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

0.0%

12

Type of Reporting Person

 

PN

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 18 of 26

 

1

Names of Reporting Persons

 

Flex Credit Acquisition Company 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

 

0

6

Shared Voting Power

 

0

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

0.0%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 19 of 26

 

1

Names of Reporting Persons

 

CP Cayman Opportunities Holdings, 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

 

Cayman Islands

Number of Shares

Beneficially Owned by

Each Reporting Person

With

5

Sole Voting Power

 

0

6

Shared Voting Power

 

0

7

Sole Dispositive Power

 

0

8

Shared Dispositive Power

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

0.0%

12

Type of Reporting Person

 

PN

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 20 of 26

 

ITEM 1. (a) Name of Issuer:

 

ZoomInfo Technologies Inc. (the “Issuer”)

 

  (b) Address of Issuer’s Principal Executive Offices:

 

805 Broadway Street, Suite 900, Vancouver, WA 98660.

 

ITEM 2. (a) Name of Person Filing:

 

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

 

The Carlyle Group Inc.

Carlyle Holdings I GP Inc.

Carlyle Holdings I GP Sub L.L.C.

Carlyle Holdings I L.P.

CG Subsidiary Holdings L.L.C.

TC Group, L.L.C.

TC Group Sub L.P.

TC Group VI S1, L.L.C.

TC Group VI S1, L.P.

Carlyle Partners VI Evergreen Holdings, L.P. (“Carlyle Evergreen”)

CP VI Evergreen Holdings, L.P. (“CP VI Evergreen”)

Carlyle Holdings II GP L.L.C.

Carlyle Holdings II L.L.C.

TC Group Cayman Investment Holdings, L.P.

TC Group Cayman Investment Holdings Sub L.P.

TC Group VI, L.L.C.

TC Group VI, L.P.

Flex Credit Acquisition Company LLC

CP Cayman Opportunities Holdings, L.P. (“CP Cayman Opportunities”)

 

  (b) Address or Principal Business Office:

 

The principal business office address for each of TC Group Cayman Investment Holdings, L.P., TC Group Cayman Investment Holdings Sub L.P. and CP Cayman Opportunities is c/o Walkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008. The principal business office address for each of the remaining Reporting Persons is c/o The Carlyle Group Inc., 1001 Pennsylvania Avenue NW, Suite 220 South, Washington, DC 20004-2505.

 

  (c) Citizenship of each Reporting Person is:

 

Each of TC Group Cayman Investment Holdings, L.P., TC Group Cayman Investment Holdings Sub L.P. and CP Cayman Opportunities is organized under the laws of the Cayman Islands. Each of the remaining Reporting Persons is organized under the laws of the State of Delaware.

 

  (d) Title of Class of Securities:

 

Common stock, par value $0.01 per share (“Common Stock”).

 

  (e) CUSIP Number:

 

98980F104

 

ITEM 3.    

 

Not applicable.

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 21 of 26

 

ITEM 4.Ownership.

 

(a-c)

 

The ownership information presented below represents beneficial ownership of Common Stock of the Issuer as of September 30, 2024, based upon 365,279,985 shares of Common Stock outstanding as of July 31, 2024, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 6, 2024.

 

Reporting Person 

Amount

beneficially

owned

  

Percent

of class:

   Sole power to vote or to direct the vote:   Shared power to vote or to direct the vote:  

Sole power to dispose or to direct the disposition

of:

  

Shared

power to

dispose or

to direct

the

disposition

of:

 
The Carlyle Group Inc.   11,665,307    3.2%   0    11,665,307    0    11,665,307 
Carlyle Holdings I GP Inc.   11,665,307    3.2%   0    11,665,307    0    11,665,307 
Carlyle Holdings I GP Sub L.L.C.   11,665,307    3.2%   0    11,665,307    0    11,665,307 
Carlyle Holdings I L.P.   11,665,307    3.2%   0    11,665,307    0    11,665,307 
CG Subsidiary Holdings L.L.C.   11,665,307    3.2%   0    11,665,307    0    11,665,307 
TC Group, L.L.C.   11,665,307    3.2%   0    11,665,307    0    11,665,307 
TC Group Sub L.P.   11,665,307    3.2%   0    11,665,307    0    11,665,307 
TC Group VI S1, L.L.C.   11,665,307    3.2%   0    11,665,307    0    11,665,307 
TC Group VI S1, L.P.   11,665,307    3.2%   0    11,665,307    0    11,665,307 
Carlyle Partners VI Evergreen Holdings, L.P.   5,816,470    1.6%   0    5,816,470    0    5,816,470 
CP VI Evergreen Holdings, L.P.   5,848,837    1.6%   0    5,848,837    0    5,848,837 
Carlyle Holdings II GP L.L.C.   0    0.0%   0    0    0    0 
Carlyle Holdings II L.L.C.   0    0.0%   0    0    0    0 
TC Group Cayman Investment Holdings, L.P.   0    0.0%   0    0    0    0 
TC Group Cayman Investment Holdings Sub L.P.   0    0.0%   0    0    0    0 
TC Group VI, L.L.C.   0    0.0%   0    0    0    0 
TC Group VI, L.P.   0    0.0%   0    0    0    0 
Flex Credit Acquisition Company LLC   0    0.0%   0    0    0    0 
CP Cayman Opportunities Holdings, L.P.   0    0.0%   0    0    0    0 

 

Carlyle Evergreen is the record holder of 5,816,470 shares of Common Stock and CP VI Evergreen is the record holder of 5,848,837 shares of Common Stock. CP Cayman Opportunities no longer holds any shares of Common Stock.

 

The Carlyle Group Inc., which is a publicly traded entity listed on Nasdaq, is the sole shareholder of Carlyle Holdings I GP Inc., which is the sole member of Carlyle Holdings I GP Sub L.L.C., which is the general partner of Carlyle Holdings I L.P., which, with respect to the securities held of record by Carlyle Evergreen and CP VI Evergreen, is the managing member of CG Subsidiary Holdings L.L.C., which is the managing member of TC Group, L.L.C., which is the general partner of TC Group Sub L.P., which is the managing member of TC Group VI S1, L.L.C., which is the general partner of TC Group VI S1, L.P., which is the general partner of Carlyle Evergreen and CP VI Evergreen. Accordingly, each of these entities may be deemed to share beneficial ownership of the securities held of record by Carlyle Evergreen and CP VI Evergreen. Each of them disclaims beneficial ownership of such securities.

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 22 of 26

 

The Carlyle Group Inc. is also the sole member of Carlyle Holdings II GP L.L.C., which is the managing member of Carlyle Holdings II L.L.C., which, with respect to the securities held of record by CP Cayman Opportunities, is the managing member of CG Subsidiary Holdings L.L.C., which is the general partner of TC Group Cayman Investment Holdings, L.P., which is the general partner of TC Group Cayman Investment Holdings Sub L.P., which is the sole member of TC Group VI, L.L.C., which is the general partner of TC Group VI, L.P., which is the managing member of Flex Credit Acquisition Company LLC, which is the general partner of CP Cayman Opportunities. Accordingly, each of these entities may be deemed to share beneficial ownership of the shares of Common Stock held of record by CP Cayman Opportunities. Each of them disclaims beneficial ownership of such securities.

 

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 person has ceased to be the beneficial owners of more than five percent of the class of securities, check the following: ☒

 

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.

 

Not applicable.

 

ITEM 8.Identification and Classification of Members of the Group.

 

The Reporting Persons are a party to (i) that certain Stockholders Agreement (the “Stockholders Agreement”) dated as of June 3, 2020, among the Issuer, the TA Stockholders (as defined therein), the Carlyle Stockholders (as defined therein) and the Founder Stockholders (as defined therein and which initially includes DO Holdings (WA), LLC, HSKB Funds, LLC, and HSKB Funds II, LLC) and (ii) the Irrevocable Proxy (the “Irrevocable Proxy”) dated as of June 3, 2020, among the TA Stockholders, the Carlyle Stockholders, the Founder Stockholders and 22C (as defined therein, and together with the TA Stockholders, the Carlyle Stockholders and the Founder Stockholders, the “Other Parties”).

 

By virtue of being a party to the Stockholders Agreement and the Irrevocable Proxy, each of the Reporting Persons may be deemed to be members of a “group,” as defined in Rule 13d-5 of the Securities Exchange Act of 1934, as amended, with the Other Parties. The share ownership reported on this Schedule 13G for the Reporting Persons does not include any securities of the Issuer owned by the Other Parties, and each of the Reporting Persons disclaims beneficial ownership of the securities beneficially owned by the Other Parties.

 

ITEM 9.Notice of Dissolution of Group.

 

Not applicable.

 

ITEM 10.Certification.

 

Not applicable.

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 23 of 26

 

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: November 14, 2024

 

  The Carlyle Group Inc.
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Chief Financial Officer
     
  Carlyle Holdings I GP Inc.
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Managing Director and Chief Financial Officer
     
  Carlyle Holdings I GP Sub L.L.C.
   
  By: Carlyle Holdings I GP Inc., its sole member
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Managing Director and Chief Financial Officer
     
  Carlyle Holdings I L.P.
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Managing Director
     
  CG Subsidiary Holdings L.L.C.
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Managing Director
     
  TC Group, L.L.C.
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Managing Director

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 24 of 26

 

  TC Group Sub L.P.
   
  By: TC Group, L.L.C., its general partner
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Managing Director
     
  TC Group VI S1, L.L.C.
     
  By: /s/ Jeremy Anderson
  Name: Jeremy Anderson
  Title: Vice President
     
  TC Group VI S1, L.P.
     
  By: /s/ Jeremy Anderson
  Name: Jeremy Anderson
  Title: Vice President
     
  Carlyle Partners VI Evergreen Holdings, L.P.
   
  By: TC Group VI S1, L.P., its general partner
     
  By: /s/ Jeremy W. Anderson
  Name: Jeremy W. Anderson
  Title: Vice President
     
  CP VI Evergreen Holdings, L.P.
   
  By: TC Group VI S1, L.P., its general partner
     
  By: /s/ Jeremy W. Anderson
  Name: Jeremy W. Anderson
  Title: Vice President
     
  Carlyle Holdings II GP L.L.C.
   
  By: The Carlyle Group Inc., its sole member
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Chief Financial Officer
     
  Carlyle Holdings II L.L.C.
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Managing Director

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 25 of 26

 

  TC Group Cayman Investment Holdings, L.P.
     
  By: CG Subsidiary Holdings L.L.C., its general partner
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Managing Director
     
  TC Group Cayman Investment Holdings Sub L.P.
   
  By: TC Group Cayman Investment Holdings, L.P., its general partner
     
  By: CG Subsidiary Holdings L.L.C., its general partner
     
  By: /s/ Anne Frederick, attorney-in-fact
  Name: John C. Redett
  Title: Managing Director
     
  TC Group VI, L.L.C.
     
  By: /s/ Jeremy W. Anderson
  Name: Jeremy W. Anderson
  Title: Vice President
     
  TC Group VI, L.P.
   
  By:   TC Group VI, LLC, its general partner
     
  By: /s/ Jeremy W. Anderson
  Name: Jeremy W. Anderson
  Title: Vice President
     
  Flex Credit Acquisition Company LLC
     
  By: /s/ Jeremy W. Anderson
  Name: Jeremy W. Anderson
  Title: Vice President
     
  CP Cayman Opportunities Holdings, L.P.
     
  By: Flex Credit Acquisition Company LLC, its general partner
     
  By: /s/ Jeremy W. Anderson
  Name: Jeremy W. Anderson
  Title: Vice President

 

 
 

 

CUSIP No. 98980F104 Schedule 13G Page 26 of 26

 

LIST OF EXHIBITS

 

Exhibit No.   Description
24   Power of Attorney (previously filed).
99   Joint Filing Agreement (previously filed).