Sec Form 13G Filing - CVC Capital Partners VII(A) L.P. filing for Unity Software Inc. (U) - 2022-11-17

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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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.     )*

 

 

Unity Software Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

91332U101

(CUSIP Number)

November 7, 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. 91332U101    Schedule 13G    Page 1 of 16

 

  1    

  Names of Reporting Person

 

  CVC Capital Partners VII Limited

  2    

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3    

  SEC Use Only

 

  4    

  Citizenship or Place of Organization

 

  Jersey

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

  6     

  Shared Voting Power

 

  25,840,660

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  25,840,660

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  25,840,660

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  6.3%

12    

  Type of Reporting Person

 

  CO

 


CUSIP No. 91332U101    Schedule 13G    Page 2 of 16

 

  1    

  Names of Reporting Person

 

  CVC Capital Partners VII Associates 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

 

  Jersey

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

  6     

  Shared Voting Power

 

  25,840,660

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  25,840,660

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  25,840,660

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  6.3%

12    

  Type of Reporting Person

 

  PN


CUSIP No. 91332U101    Schedule 13G    Page 3 of 16

 

  1    

  Names of Reporting Person

 

  CVC Capital Partners Investment Europe VII 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

 

  Jersey

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

  6     

  Shared Voting Power

 

  25,840,660

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  25,840,660

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  25,840,660

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  6.3%

12    

  Type of Reporting Person

 

  PN


CUSIP No. 91332U101    Schedule 13G    Page 4 of 16

 

  1    

  Names of Reporting Person

 

  CVC Capital Partners VII (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

 

  Jersey

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

  6     

  Shared Voting Power

 

  25,840,660

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  25,840,660

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  25,840,660

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  6.3%

12    

  Type of Reporting Person

 

  PN


CUSIP No. 91332U101    Schedule 13G    Page 5 of 16

 

  1    

  Names of Reporting Person

 

  CVC Growth Partners GP Limited

  2    

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3    

  SEC Use Only

 

  4    

  Citizenship or Place of Organization

 

  Jersey

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

  6     

  Shared Voting Power

 

  25,840,660

  7     

  So le Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  25,840,660

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  25,840,660

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  6.3%

12    

  Type of Reporting Person

 

  CO

 


CUSIP No. 91332U101    Schedule 13G    Page 6 of 16

 

  1    

  Names of Reporting Person

 

  CVC Growth Partners Associates 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

 

  Jersey

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

  6     

  Shared Voting Power

 

  25,840,660

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  25,840,660

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  25,840,660

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  6.3%

12    

  Type of Reporting Person

 

  PN

 


CUSIP No. 91332U101    Schedule 13G    Page 7 of 16

 

  1    

  Names of Reporting Person

 

  CVC Growth Partners 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

 

  Jersey

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

  6     

  Shared Voting Power

 

  25,840,660

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  25,840,660

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  25,840,660

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  6.3%

12    

  Type of Reporting Person

 

  PN


CUSIP No. 91332U101    Schedule 13G    Page 8 of 16

 

  1    

  Names of Reporting Person

 

  Appsource Holdings Jersey Limited

  2    

  Check the Appropriate Box if a Member of a Group

  (a )  ☐        (b)  ☐

 

  3    

  SEC Use Only

 

  4    

  Citizenship or Place of Organization

 

  Jersey

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

  6     

  Shared Voting Power

 

  25,840,660

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  25,840,660

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  25,840,660

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  6.3%

12    

  Type of Reporting Person

 

  CO


CUSIP No. 91332U101    Schedule 13G    Page 9 of 16

 

  1    

  Names of Reporting Person

 

  App Holdings 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

 

  0

  6     

  Shared Voting Power

 

  25,840,660

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  25,840,660

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  25,840,660

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  6.3%

12    

  Type of Reporting Person

 

  OO


CUSIP No. 91332U101    Schedule 13G    Page 10 of 16

 

  1    

  Names of Reporting Person

 

  App Investments 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

 

  0

  6     

  Shared Voting Power

 

  25,840,660

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  25,840,660

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  25,840,660

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  6.3%

12    

  Type of Reporting Person

 

  OO


CUSIP No. 91332U101    Schedule 13G    Page 11 of 16

 

ITEM 1.

(a)   Name of Issuer:

Unity Software Inc. (the “Issuer”).

 

  (b)

Address of Issuer’s Principal Executive Offices:

30 3rd Street

San Francisco, California 94103

 

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:

 

  1.

CVC Capital Partners VII Limited;

 

  2.

CVC Capital Partners VII Associates L.P.;

 

  3.

CVC Capital Partners Investment Europe VII L.P.;

 

  4.

CVC Capital Partners VII (A), L.P. (together with CVC Capital Partners VII Associates L.P. and CVC Capital Partners Investment Europe VII L.P., “CVC Fund VII”);

 

  5.

CVC Growth Partners GP Limited;

 

  6.

CVC Growth Partners Associates L.P.

 

  7.

CVC Growth Partners L.P. (together with CVC Growth Partners Associates L.P., “CVC Growth Fund I”);

 

  8.

Appsource Holdings Jersey Limited;

 

  9.

App Holdings S.à r.l.; and

 

  10.

App Investments S.à r.l. (“App Investments”).

 

  (b)

Address or Principal Business Office:

The principal business address of the Reporting Persons under 1 through 8 is 27 Esplanade, St. Helier, JE1 1SG, Jersey.

The principal business address of the Reporting Persons under 9 and 10 is 20 avenue Monterey, Luxembourg, L-2163.

 

  (c)

Citizenship of each Reporting Person is:

The Reporting Persons under 1 through 8 are organized under the laws of Jersey and the Reporting Persons under 9 and 10 are organized under the laws of Luxembourg.


CUSIP No. 91332U101    Schedule 13G    Page 12 of 16

 

  (d)

Title of Class of Securities:

Common stock, $0.000005 par value (“Common Stock”)

 

  (e)

CUSIP Number:

91332U101

 

ITEM 3.

Not applicable.

 

ITEM 4.

Ownership.

< font style="white-space:nowrap">(a-c)

The ownership information presented below represents beneficial ownership of Ordinary Shares of the Issuer as of November 7, 2022, based upon approximately 413.2 million shares of Common Stock outstanding as of November 7, 2022.

 

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:

 

CVC Capital Partners VII Limited

     25,840,660        6.3     0        25,840,660        0        25,840,660  

CVC Capital Partners VII Associates L.P.

     25,840,660        6.3     0        25,840,660        0        25,840,660  

CVC Capital Partners Investment Europe VII L.P.

     25,840,660        6.3     0        25,840,660        0        25,840,660  

CVC Capital Partners VII (A), L.P.

     25,840,660        6.3     0        25,840,660        0        25,840,660  

CVC Growth Partners GP Limited

     25,840,660        6.3     0        25,840,660        0        25,840,660  

CVC Growth Partners Associates L.P.

     25,840,660        6.3     0        25,840,660        0        25,840,660  

CVC Growth Partners L.P.

     25,840,660        6.3     0        25,840,660        0        25,840,660  

Appsource Holdings Jersey Limited

     25,840,660        6.3     0        25,840,660        0        25,840,660  

App Holdings S.a´.r.l.

     25,840,660        6.3     0        25,840,660        0        25,840,660  

App Investments S.a´.r.l.

     25,840,660        6.3     0        25,840,660        0        25,840,660  

App Investments is the record holder of 25,840,660 shares of Common Stock.

The majority owner of App Investments is App Holdings S.à r.l., which is wholly owned by Appsource Holdings Jersey Limited, which is wholly owned by CVC Fund VII and CVC Growth Fund I. CVC Capital Partners VII Limited is the sole general partner of each of the limited partnerships comprising CVC Fund VII, and CVC


CUSIP No. 91332U101    Schedule 13G    Page 13 of 16

 

Growth Partners GP Limited is the general partner of each of the limited partnerships comprising CVC Growth Fund I. As a result, each of the foregoing entities may be deemed to share beneficial ownership of the securities held by App Investments. The board of directors of App Investments, composed of Stefan Moosmann, Carmen André and Caroline Goergen, exercises voting and investment authority with respect to the subject ordinary shares. CVC Capital Partners VII Limited is managed by a three member board of directors. CVC Growth Partners GP Limited is managed by a five member board of directors. Each of the foregoing individuals disclaims beneficial ownership of the securities beneficially owned by CVC Capital Partners VII Limited and CVC Growth Partners GP Limited.

 

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.

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.

Not applicable.

 

ITEM 9.

Notice of Dissolution of Group.

Not applicable.

 

ITEM 10.

Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


CUSIP No. 91332U101    Schedule 13G    Page 14 of 16

 

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 16, 2022

 

CVC Capital Partners VII Limited
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title:   Director
CVC Capital Partners VII Associates L.P.
By: CVC Capital Partners VII Limited, its general partner
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title:   Director
CVC Capital Partners Investment Europe VII L.P.
By: CVC Capital Partners VII Limited, its general partner
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title:   Director
CVC Capital Partners VII (A), L.P.
By: CVC Capital Partners VII Limited, its general partner
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title:   Director
CVC Growth Partners GP Limited
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title:   Director


CUSIP No. 91332U101    Schedule 13G    Page 15 of 16

 

CVC Growth Partners Associates L.P.
By: CVC Growth Partners GP Limited, its general partner
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title:   Director
CVC Growth Partners L.P.
By: CVC Growth Partners GP Limited, its general partner
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title:   Director
Appsource Holdings Jersey Limited
By:  

/s/ Robert Boylan

Name: Robert Boylan
Title:   Director
App Holdings S.à r.l.
By:  

/s/ Caroline Goergen

Name: Caroline Goergen
Title:   Director
By:  

/s/ Carmen André

Name: Carmen André
Title:   Director

App Investments S.à r.l

By:

 

/s/ Caroline Goergen

Name: Caroline Goergen
Title:   Director
By:  

/s/ Carmen André

Name: Carmen André
Title:   Director


CUSIP No. 91332U101    Schedule 13G    Page 16 of 16

 

LIST OF EXHIBITS

 

Exhibit No.

  

Description

99    Joint Filing Agreement.