Filing Details

Accession Number:
0001072613-22-000282
Form Type:
13G Filing
Publication Date:
2022-02-13 19:00:00
Filed By:
Sea Vii Management, Llc
Company:
Definitive Healthcare Corp.
Filing Date:
2022-02-14
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
(S) SE VII DHC AIV 0 26,747,318 0 26,747,318 26,747,318 21.2%
(S) SE VII DHC AIV Feeder 0 2,791,929 0 2,791,929 2,791,929 2.8%
(S) Spectrum VII Investment Managers Fund 0 38,865 0 38,865 38,865 0.1%
(S) Spectrum VII Co-Investment Fund 0 22,703 0 22,703 22,703 0.1%
(S) Spectrum Equity Associates VII 0 29,539,247 0 29,539,247 29,539,247 23.4%
(S) SEA VII Management 0 29,600,815 0 29,600,815 29,600,815 23.5%
Filing
 

  

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

  (Amendment No.    )*

 

 

 

Definitive Healthcare Corp.

(Name of Issuer)

   

Class A Common Stock, par value $0.001 per share

 

(Title of Class of Securities)

  

24477E103

 

(CUSIP Number)

  

December 31, 2021

 

(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 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.  24477E103

13G Page 2 of 13 Pages    
1  

NAMES OF REPORTING PERSON(S)

 

SE VII DHC AIV, 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

 

26,747,318

 

  7  

SOLE DISPOSITIVE POWER

 

0

 

  8  

SHARED DISPOSITIVE POWER

 

26,747,318

 

9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

26,747,318

 

   
10  

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

 

 

 

   
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

  

21.2%

 

   

 12

 

TYPE OF REPORTING PERSON

   

PN

 

   
 
 

 

CUSIP No.  24477E103

13G Page 3 of 13 Pages    

 

1  

NAMES OF REPORTING PERSON(S)

 

SE VII DHC AIV Feeder, 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

 

2,791,929

 

  7  

SOLE DISPOSITIVE POWER

 

0

 

  8  

SHARED DISPOSITIVE POWER

 

2,791,929

 

9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,791,929

 

   
10  

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

 

 

 

   
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

  

2.8%

 

   

 12

 

TYPE OF REPORTING PERSON

   

PN

 

   
 
 

CUSIP No.  24477E103

13G Page 4 of 13 Pages    

 

1  

NAMES OF REPORTING PERSON(S)

 

Spectrum VII Investment Managers’ Fund, 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

 

38,865

 

  7  

SOLE DISPOSITIVE POWER

 

0

 

  8  

SHARED DISPOSITIVE POWER

 

38,865

 

9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

38,865

 

   
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%

 

   

 12

 

TYPE OF REPORTING PERSON

   

PN

 

   
 
 

CUSIP No.  24477E103

13G Page 5 of 13 Pages    

 

1  

NAMES OF REPORTING PERSON(S)

 

Spectrum VII Co-Investment Fund, 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

 

22,703

 

  7  

SOLE DISPOSITIVE POWER

 

0

 

  8  

SHARED DISPOSITIVE POWER

 

22,703

 

9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,703

 

   
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%

 

   

 12

 

TYPE OF REPORTING PERSON

   

PN

 

   
 
 

CUSIP No.  24477E103

13G Page 6 of 13 Pages    

 

1  

NAMES OF REPORTING PERSON(S)

 

Spectrum Equity Associates 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

 

Delaware

  

   
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
 

 5

 

SOLE VOTING POWER

 

0

 

  6  

SHARED VOTING POWER

 

29,539,247

 

  7  

SOLE DISPOSITIVE POWER

 

0

 

  8  

SHARED DISPOSITIVE POWER

 

29,539,247

 

9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

29,539,247

 

   
10  

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

 

 

 

   
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

  

23.4%

 

   
 12  

TYPE OF REPORTING PERSON

 

PN

 

   

 

 

 

CUSIP No.  24477E103

13G Page 7 of 13 Pages    

 

1  

NAMES OF REPORTING PERSON(S)

 

SEA VII Management, 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

 

29,600,815

 

  7  

SOLE DISPOSITIVE POWER

 

0

 

  8  

SHARED DISPOSITIVE POWER

 

29,600,815

 

9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

29,600,815

 

   
10  

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

 

 

 

   
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

  

23.5%

 

   

 12

 

TYPE OF REPORTING PERSON

   

OO (Limited Liability Company)

 

   
 
 

CUSIP No.  24477E103

13G Page 8 of 13 Pages    

 

 

Item 1(a). Name of Issuer:

 

Definitive Healthcare Corp. (the “Issuer”).

 

 

Item 1(b). Address of Issuer's Principal Executive Offices:

 

550 Cochituate Rd, Framingham, Massachusetts 01701.

 

 

Item 2(a). Names of Persons 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:

 

SE VII DHC AIV, L.P.

SE VII DHC AIV Feeder, L.P.

Spectrum VII Investment Managers' Fund, L.P.

Spectrum VII Co-Investment Fund, L.P.

Spectrum Equity Associates VII, L.P.

SEA VII Management, LLC

 

 

Item 2(b). Address of Principal Business Office or, if None, Residence:

 

The principal business address of the Reporting Persons is 140 New Montgomery Street, 20th Floor, San Francisco, CA 94105.

 

 

Item 2(c). Citizenship:

 

The Reporting Persons are organized under the laws of the state of Delaware.

 

 

Item 2(d). Title of Class of Securities:

 

Class A common stock, par value $0.001 per share (“Class A Common Stock”).

 

 

Item 2(e). CUSIP Number:

 

24477E103

 

  

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

Not applicable.

 

 
 

CUSIP No.  24477E103

13G Page 9 of 13 Pages    

 

Item 4. Ownership:

 

(a) – (c)

 

The ownership information presented below represents beneficial ownership of the shares of Class A Common Stock as of the date hereof, based upon (i) 88,263,333 shares of Class A Common Stock outstanding as of November 5, 2021, as reported in the Issuer’s Form 10-Q filed on November 8, 2021, and (ii) 11,000,000 shares of Class A Common Stock issued by the Issuer as reported in its prospectus supplement filed on November 19, 2021. The ownership information assumes the conversion of the Class B common stock, no par value (“Class B Common Stock”) of the Issuer held by the Reporting Persons into shares of Class A Common Stock of the Issuer on a one-to-one basis.

 

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:
SE VII DHC AIV, L.P. 26,747,318 21.2% 0 26,747,318 0 26,747,318
SE VII DHC AIV Feeder, L.P. 2,791,929 2.8% 0 2,791,929 0 2,791,929
Spectrum VII Investment Managers' Fund, L.P. 38,865 <0.1% 0 38,865 0 38,865
Spectrum VII Co-Investment Fund, L.P. 22,703 <0.1% 0 22,703 0 22,703
Spectrum Equity Associates VII, L.P. 29,539,247 23.4% 0 29,539,247 0 29,539,247
SEA VII Management, LLC 29,600,815 23.5% 0 29,600,815 0 29,600,815

 

SE VII DHC AIV, L.P. is the beneficial owner of 26,747,318 shares of Class A Common Stock issuable upon the conversion of an equal number of shares of Class B Common Stock. SE VII DHC AIV Feeder, L.P. is the beneficial owner of 2,791,929 shares of Class A Common Stock.  Spectrum VII Investment Managers’ Fund, L.P. is the beneficial owner of 38,865 shares of Class A Common Stock issuable upon the conversion of an equal number of shares of Class B Common Stock. Spectrum VII Co-Investment Fund, L.P. is the beneficial owner of 22,703 shares of Class A Common Stock issuable upon the conversion of an equal number of shares of Class B Common Stock.

 

Spectrum Equity Associates VII, L.P. is the general partner of SE VII DHC AIV, L.P. and SE VII DHC AIV Feeder, L.P. and as a result may be deemed to share beneficial ownership of the shares of Class A Common Stock beneficially owned by SE VII DHC AIV, L.P. and SE VII DHC AIV Feeder, L.P. SEA VII Management, LLC is the general partner of each of Spectrum VII Investment Managers’ Fund, L.P., Spectrum VII Co-Investment Fund, L.P. and Spectrum Equity Associates VII, L.P., and as a result may be deemed to share beneficial ownership of the shares of Class A Common Stock beneficially owned by the foregoing entities. Brion B. Applegate, Christopher T. Mitchell, Victor E. Parker, Jr., Benjamin C. Spero, Ronan Cunningham, Peter T. Jensen, Stephen M. LeSieur, Brian Regan and Michael W. Farrell may be deemed to share voting and dispositive power over the securities held by the Reporting Persons. Each of the foregoing individuals disclaims beneficial ownership of such securities.

 

 

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. Certifications.

 

Not applicable.

  

 
 

CUSIP No.  24477E103

13G Page 10 of 13 Pages    

 

 

SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. 

Date:    February 14, 2022

SE VII DHC AIV, L.P.

 

By:Spectrum Equity Associates VII, L.P.
 its general partner

 

By:SEA VII Management, LLC
 its general partner

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

SE VII DHC AIV Feeder, L.P.

 

By:Spectrum Equity Associates VII, L.P.
 its general partner

 

By:SEA VII Management, LLC
 its general partner

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

Spectrum VII Investment Managers’ Fund, L.P.

 

By:SEA VII Management, LLC
 its general partner

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

Spectrum VII Co-Investment Fund, L.P. 

 

By:SEA VII Management, LLC
 its general partner

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

 

 
 

CUSIP No.  24477E103

13G Page 11 of 13 Pages    

 

 

 

 

Spectrum Equity Associates VII, L.P.

 

By:SEA VII Management, LLC
 its general partner

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

SEA VII Management, LLC

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 

CUSIP No.  24477E103

13G Page 12 of 13 Pages    

 

 

Exhibit 1

 

AGREEMENT

 

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13G. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

 

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of this 14th day of February, 2022.

 

 

SE VII DHC AIV, L.P.

 

By:Spectrum Equity Associates VII, L.P.
 its general partner

 

By:SEA VII Management, LLC
 its general partner

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

SE VII DHC AIV Feeder, L.P.

 

By:Spectrum Equity Associates VII, L.P.
 its general partner

 

By:SEA VII Management, LLC
 its general partner

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

Spectrum VII Investment Managers’ Fund, L.P.

 

By:SEA VII Management, LLC
 its general partner

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

 

 

 

 
 

CUSIP No.  24477E103

13G Page 13 of 13 Pages    

 

 

 

 

Spectrum VII Co-Investment Fund, L.P. 

 

By:SEA VII Management, LLC
 its general partner

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

Spectrum Equity Associates VII, L.P.

 

By:SEA VII Management, LLC
 its general partner

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer

 

 

SEA VII Management, LLC

 

By:/s/ Carolina A. Picazo                
 Carolina A. Picazo
 Chief Administrative Officer & Chief
 Compliance Officer