CUSIP NO. 045327103 Schedule 13D Page 1 of 23
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(RULE 13D-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13D-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13D-2(a)
(AMENDMENT NO. 1)(1)
Aspen Technology, Inc.
--------------------------------------------------------------------------------
(Name of issuer)
Common Stock, par value $0.10
--------------------------------------------------------------------------------
(Title of class of securities)
045327103
--------------------------------------------------------------------------------
(CUSIP number)
Jarlyth H. Gibson, Assistant Compliance Officer 617-951-9493
C/o Advent International Corporation, 75 State Street, 29th Floor
Boston, MA 02109
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
May 18, 2006
--------------------------------------------------------------------------------
(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box:.[ ]
Note. Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 23 Pages)
----------------------
(1)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 on 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 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. 045327103 Schedule 13D Page 2 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Advent International Corporation
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
33,136,006
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 33,136,006
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
33,136,006
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
42.3%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO, IA
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 3 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Advent International Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
32,521,947
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 32,521,947
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,521,947
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
41.8%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 4 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Global Private Equity IV Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
16,197,804
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 16,197,804
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,197,804
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
26.4%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 5 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Global Private Equity III Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
4,639,041
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 4,639,041
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,639,041
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.3%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 6 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Advent Partners GPE-IV Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
205,017
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 205,017
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
205,017
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.5%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 7 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Advent PGGM Global Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
463,882
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 463,882
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
463,882
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.0%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 8 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Advent Partners GPE-III Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
39,723
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 39,723
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,723
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 9 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Advent Partners (NA) GPE-III Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
11,807
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 11,807
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,807
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 10 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Digital Media & Communications III Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
2,141,868
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 2,141,868
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,141,868
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.5%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 11 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Digital Media & Communications III-A Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
1,060,396
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 1,060,396
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,060,396
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.3%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 12 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Digital Media & Communications III-B Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
265,044
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 265,044
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
265,044
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.6%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 13 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Digital Media & Communications III-C Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
4,241,474
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 4,241,474
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,241,474
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.6%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 14 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Digital Media & Communications III-D C.V.
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
795,242
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 795,242
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
795,242
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.7%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 15 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Digital Media & Communications III-E C.V.
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
530,198
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 530,198
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
530,198
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.2%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 16 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Advent Partners DMC III Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
122,922
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 122,922
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
122,922
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.3%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 17 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Advent Energy II Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
2,186,998
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 2,186,998
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,186,998
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.6%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 18 of 23
---------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Advent Partners II Limited Partnership
---------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
---------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------------------------------------
4 Source of Funds
WC
---------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2 (e)
---------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
234,590
--------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
None
--------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING PERSON 234,590
--------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
---------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
234,590
---------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
---------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.5%
---------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------------------------------------
CUSIP NO. 045327103 Schedule 13D Page 19 of 23
Item 1. Security and Issuer
This statement on Amendment No. 1 to Schedule 13D ("Amendment No. 1")
relates to the Reporting Persons' (as defined in Item 2 below) beneficial
ownership interest in the Common Stock, par value $0.10 per share, of Aspen
Technology, Inc., a Delaware corporation (the "Corporation"). The address of the
principal executive office of the Corporation is Ten Canal Park, Cambridge, MA
02141. This Amendment No. 1 amends the initial statement on Schedule 13D filed
on August 22, 2003 (the "Initial Statement"), filed by the Reporting Persons (as
defined herein). This Amendment No. 1 is being filed by the Reporting Persons to
amend Item 2, Item 5 and Schedule A to the Initial Statement. Capitalized terms
used but not defined herein shall have the meanings ascribed to them in the
Initial Statement. The Initial Statement is amended as follows:
Item 2. Identity and Background
(a) (b) (c) (f) This statement is being filed by the following
entities:
(1) Advent International Corporation, a Delaware
corporation;
(2) Advent International Limited Partnership, a Delaware
limited partnership;
(3) Global Private Equity IV Limited Partnership, a
Delaware limited partnership;
(4) Advent Partners GPE-IV Limited Partnership, a
Delaware limited partnership;
(5) Advent PGGM Global Limited Partnership, a Delaware
limited partnership;
(6) Advent Partners GPE-III Limited Partnership, a
Delaware limited partnership;
(7) Advent Partners (NA) GPE-III Limited Partnership, a
Delaware limited partnership;
(8) Digital Media & Communications III Limited
Partnership, a Delaware limited partnership;
(9) Digital Media & Communications III-A Limited
Partnership, a Delaware limited partnership;
(10) Digital Media & Communications III-B Limited
Partnership, a Delaware limited partnership;
(11) Digital Media & Communications III-C Limited
Partnership, a Delaware limited partnership;
(12) Digital Media & Communications III-D C.V., a
Netherlands limited partnership;
(13) Digital Media & Communications III-E C.V., a
Netherlands limited partnership;
(14) Advent Partners DMC-III Limited Partnership, a
Delaware limited partnership;
CUSIP NO. 045327103 Schedule 13D Page 20 of 23
(15) Advent Energy II Limited Partnership, a Delaware
limited partnership;
(16) Advent Partners II Limited Partnership, a Delaware
limited partnership;
(17) Global Private Equity III Limited Partnership, a
Delaware limited partnership.
Advent International Corporation is a Delaware corporation with its
principal and business address at 75 State Street, Boston, Massachusetts 02109.
Advent International Corporation is an investment advisory firm. Advent
International Corporation is the General Partner of Advent Partners II Limited
Partnership, Advent Partners DMC III Limited Partnership, Advent Partners GPE-IV
Limited Partnership, Advent Partners GPE-III Limited Partnership, Advent
Partners (NA) GPE-III Limited Partnership and Advent International Limited
Partnership, which is in turn the general partner of Global Private Equity III
Limited Partnership, Global Private Equity IV Limited Partnership, Advent PGGM
Global Limited Partnership, Digital Media & Communications III Limited
Partnership, Digital Media & Communications III-A Limited Partnership, Digital
Media & Communications III-B Limited Partnership, Digital Media & Communications
III-C Limited Partnership, Digital Media & Communications III-D C.V., Digital
Media & Communications III-E C.V., and Advent Energy II Limited Partnership. The
principal business of Advent International Corporation is private equity
investments.
The principal business of Advent Partners II Limited Partnership,
Advent Partners DMC III Limited Partnership, Advent Partners GPE-IV Limited
Partnership, Advent Partners GPE-III Limited Partnership, Advent Partners (NA)
GPE-III Limited Partnership, Global Private Equity III Limited Partnership,
Global Private Equity IV Limited Partnership, Advent PGGM Global Limited
Partnership, Digital Media & Communications III Limited Partnership, Digital
Media & Communications III-A Limited Partnership, Digital Media & Communications
III-B Limited Partnership, Digital Media & Communications III-C Limited
Partnership, Digital Media & Communications III-D C.V., Digital Media &
Communications III-E C.V., and Advent Energy II Limited Partnership is to
provide risk capital for, and make investments in the securities of, privately
held and other businesses.
The persons serving as directors and executive officers of Advent
International Corporation are set forth on Schedule A hereto.
The entities listed in subparagraph (1) through (17) above are herein
collectively referred to as the "Reporting Persons" and individually as a
"Reporting Person." The principal business address of all of the Reporting
Persons is c/o Advent International Corporation, 75 State, Boston, MA 02109.
(d) (e) During the last five years, none of the Reporting Persons nor
any person listed on Schedule A has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors). During the last five
years, none of the Reporting Persons nor any person listed on Schedule A has
been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction as a result of which any such person was or is subject to
a judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities
CUSIP NO. 045327103 Schedule 13D Page 21 of 23
subject to, Federal or State securities laws or finding any violations with
respect to such laws.
Item 5. Interest in Securities of the Issuer.
(a) The following table sets forth the aggregate number and percentage
of the Common Stock beneficially owned by each Reporting Person named in Item 2
of this statement (based upon 45,221,496 shares of Common Stock outstanding as
May 5, 2006). The aggregate number and percentage of the Common Stock
beneficially owned by each Reporting Person is calculated in accordance with
Rule 13d-3.
Number of Shares
------------------------------------------------- Percentage
Under of Shares
Reporting Person Common Warrants Total Outstanding
------------------------------------------------------------ -----------------------------------------------------------------
Global Private Equity IV Limited Partnership (1) 13,261,900 2,935,904 16,197,804 26.4%
Advent PGGM Global Limited Partnership (1) 379,802 84,080 463,882 1.0%
Global Private Equity III Limited Partnership (1) 3,798,200 840,841 4,639,041 9.3%
Digital Media & Communications III Limited Partnership (1) 1,753,648 388,220 2,141,868 4.5%
Digital Media & Communications III-A Limited Partnership (1) 868,196 192,200 1,060,396 2.3%
Digital Media & Communications III-B Limited Partnership (1) 217,004 48,040 265,044 0.6%
Digital Media & Communications III-C Limited Partnership (1) 3,472,694 768,780 4,241,474 8.6%
Digital Media & Communications III-D C.V. (1) 651,102 144,140 795,242 1.7%
Digital Media & Communications III-E C.V. (1) 434,098 96,100 530,198 1.2%
Advent Energy II Limited Partnership (1) 1,790,598 396,400 2,186,998 4.6%
Advent Partners GPE-IV Limited Partnership (2) 167,857 37,160 205,017 0.5%
Advent Partners GPE-III Limited Partnership (2) 32,523 7,200 39,723 0.1%
Advent Partners (NA) GPE-III Limited Partnership (2) 9,667 2,140 11,807 0.0%
Advent Partners DMC III Limited Partnership (2) 100,642 22,280 122,922 0.3%
Advent Partners II Limited Partnership (2) 192,069 42,521 234,590 0.5%
Advent International Limited Partnership (1) 26,627,242 5,894,705 32,521,947 41.8%
Advent International Corporation (1), (2) 27,130,000 6,006,006 33,136,006 42.3%
Total Group 27,130,000 6,006,006 33,136,006 42.3%
(1) Advent International Corporation ("AIC") is the General Partner of
Advent International Limited Partnership ("AILP") which in turn is the General
Partner of the indicated Reporting Persons. As such, AIC has the sole power to
vote and dispose of the securities owned by the indicated Reporting Persons. The
beneficial ownership of AIC and AILP derive from such power.
(2) AIC is the General Partner of the indicated Reporting Person. As
such, AIC has the sole power to vote and dispose of the securities owned by the
indicated reporting persons. The beneficial ownership of AIC derives from such
power.
(b) Each of the Reporting Persons listed in the table set forth above
has sole voting and dispositive power over the Common Stock beneficially owned
by it as indicated above.
(c) On May 17, 2006, the Reporting Persons converted an aggregate of
30,300 shares of Series D-1 Convertible Preferred Stock ("Series D-1") into
3,000,000 shares of Common Stock at a conversion rate equal to the Series D-1
per share stated value of $333.00 divided by the Series D-1 per share conversion
price of $3.33. On May 18, 2006, the Reporting Persons sold an aggregate of
2,900,000 shares of common stock at $11.30 per share in broker transactions
pursuant to Rule 144 under the Securities Act of 1933, as amended.
CUSIP NO. 045327103 Schedule 13D Page 22 of 23
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.
June 6, 2006
Global Private Equity IV Limited Partnership
Global Private Equity III Limited Partnership
Advent PGGM Global Limited Partnership
Digital Media & Communications III Limited Partnership
Digital Media & Communications III-A Limited Partnership
Digital Media & Communications III-B Limited Partnership
Digital Media & Communications III-C Limited Partnership
Digital Media & Communications III-D C.V.
Digital Media & Communications III-E C.V.
Advent Energy II Limited Partnership
By: Advent International Limited Partnership,
General Partner
By: Advent International Corporation,
General Partner
By: Jarlyth H. Gibson, Assistant Compliance Officer*
Advent International Limited Partnership
Advent Partners II Limited Partnership
Advent Partners GPE-IV Limited Partnership
Advent Partners GPE-III Limited Partnership
Advent Partners (NA) GPE-III Limited Partnership
Advent Partners DMC-III Limited Partnership
By: Advent International Corporation,
General Partner
By: Jarlyth H. Gibson, Assistant Compliance Officer *
ADVENT INTERNATIONAL CORPORATION
By: Jarlyth H. Gibson, Assistant Compliance Officer *
*For all of the above:
/s/ Jarlyth H. Gibson
-----------------------------------------------
Jarlyth H. Gibson, Assistant Compliance Officer
---------------------------
CUSIP NO. 045327103 Schedule 13D Page 23 of 23
SCHEDULE A
The name and present principal occupation of each executive officer and
director of Advent International Corporation is set forth below. The business
address of each executive officer and director of Advent International
Corporation is c/o Advent International Corporation, 75 State Street, Boston,
Massachusetts 02109. All of the persons listed below are United States citizens.
I. Advent International Corporation
Position with Principal
Advent International Occupation
Name Corporation (if different)
---- -------------------- --------------
Peter A. Brooke Chairman
Thomas H. Lauer Senior Vice President
Managing Director
Chief Financial Officer
Assistant Secretary
Executive Officers'
Committee Member
Ernest G. Bachrach Executive Officers'
Committee Member
David M. Mussafer Director
Executive Officers'
Committee Member
William C. Schmidt Executive Officers'
Committee Member
John B. Singer Executive Officers'
Committee Member
Steven M. Tadler Director
Executive Officers'
Committee Member
Janet L. Hennessy Senior Vice President of Finance
Partner
Chief Compliance Officer
Assistant Secretary
John F. Brooke Director General Partner of
Brooke
Private Equity
Mark Hoffman Director Chairman of
Cambridge
Research Group
David W. Watson Secretary Attorney