UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
Ness Technologies, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
64104X108
(CUSIP Number)
March 18, 2008
(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)
[X] 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 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 ("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. 64104X108 13G Page 2 of 12 Pages
------------------------------- ------------------
---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Warburg, Pincus Equity Partners, L.P.
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
0
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 120,000
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
120,000
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
120,000
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
|
------------------------------- ------------------
CUSIP No. 64104X108 13G Page 3 of 12 Pages
------------------------------- ------------------
---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Warburg, Pincus Ventures International, L.P.
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
-------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
0
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 120,000
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
120,000
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
120,000
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
|
------------------------------- ------------------
CUSIP No. 64104X108 13G Page 4 of 12 Pages
------------------------------- ------------------
---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Warburg, Pincus Ventures, L.P.
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
0
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 120,000
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
120,000
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
120,000
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
|
------------------------------- ------------------
CUSIP No. 64104X108 13G Page 5 of 12 Pages
------------------------------- ------------------
---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Warburg, Pincus & Co.
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
0
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 120,000
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
120,000
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
120,000
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
|
------------------------------- ------------------
CUSIP No. 64104X108 13G Page 6 of 12 Pages
------------------------------- ------------------
---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Warburg Pincus LLC
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
0
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 120,000
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
120,000
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
120,000
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
|
------------------------------- ------------------
CUSIP No. 64104X108 13G Page 7 of 12 Pages
------------------------------- ------------------
---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Warburg Pincus Partners, LLC
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
0
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 120,000
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH: 0
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
120,000
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
120,000
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
|
Item 1(a): Name of Issuer:
Ness Technologies, Inc. (the "Company")
Item 1(b): Address of Issuer's Principal Executive Offices:
Ness Tower
Atidim High-Tech Industrial Park
Building 4
Tel Aviv 61580, Israel
Item 2(a): Name of Person Filing:
This Amendment No. 4 to Schedule 13G (the "Amended Schedule 13G")
is filed by (a) Warburg, Pincus Equity Partners, L.P., a Delaware limited
partnership, including two affiliated limited partnerships (collectively
"WPEP"); (b) Warburg, Pincus Ventures International, L.P., a Bermuda limited
partnership ("WPVI"); (c) Warburg, Pincus Ventures, L.P., a Delaware limited
partnership ("WPV"), (d) Warburg Pincus & Co., a New York general partnership
("WP"); (e) Warburg Pincus LLC, a New York limited liability company ("WP LLC");
and (f) Warburg Pincus Partners, LLC ("WP Partners"), a New York limited
liability company. WP Partners is the general partner of each of WPEP, WPVI and
WPV. WP is the managing member of WP Partners. WP LLC manages each of WPEP, WPVI
and WPV. Charles R. Kaye and Joseph P. Landy are each Managing General Partners
of WP and Co-Presidents and Managing Members of WP LLC. WPEP, WPVI, WPV, WP, WP
LLC and WP Partners are sometimes collectively referred to herein as the
"Reporting Persons". This Amended Schedule 13G further amends the Schedule 13G
filed by the Reporting Persons on December 31, 2004 (the "Initial Schedule
13G").
The Reporting Persons have shared dispositive and voting power
with respect to 120,000 shares of Common Stock (as defined below).
Item 2(b): Address of Principal Business Office or, if None, Residence:
The address of the principal business office of the Reporting
Persons is c/o Warburg Pincus & Co., 466 Lexington Avenue, New York, New York
10017.
Item 2(c): Citizenship:
WPEP is a Delaware limited partnership, WPVI is a Bermuda limited
partnership, WPV is a Delaware limited partnership, WP is a New York general
partnership, WP LLC is a New York limited liability company and WP Partners is a
New York limited liability company.
Item 2(d): Title of Class of Securities:
Common Stock, par value $0.01 per share ("Common Stock")
Item 2(e): CUSIP Number
64104X108
-8-
Item 3: If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b)
or (c), check whether the person filing is a:
A. [ ] Broker or dealer registered under Section 15 of the Act,
B. [ ] Bank as defined in Section 3(a)(6) of the Act,
C. [ ] Insurance Company as defined in Section 3(a)(19) of the
Act,
D. [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940,
E. [ ] Investment Adviser in accordance with Rule 13d-1
(b)(1)(ii)(E),
F. [ ] Employee Benefit Plan or Endowment Fund in accordance
with 13d-1 (b)(1)(ii)(F),
G. [ ] Parent Holding Company or control person in accordance
with Rule 13d-1 (b)(1)(ii)(G),
H. [ ] Savings Association as defined in Section 3(b) of the
Federal Deposit Insurance Act,
I. [ ] Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act of 1940,
J. [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4: Ownership:
The information required by Items 4(a) - (c) is set forth in Rows
5 - 11 of the cover page for each Reporting Person and is incorporated herein by
reference for each such Reporting Person.
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 owner of
more than five percent of the class of securities, check the following: [X]
Item 6: Ownership of More than Five Percent on Behalf of Another Person:
Other than as set forth herein, no other person has the right to
receive or the power to direct the receipt of dividends from, or proceeds from
the sale of, in excess of 5% of the total outstanding Common Stock.
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 making this single, joint filing
because they may be deemed to constitute a "group" within the meaning of Section
13(d)(3) of the Securities Exchange Act of 1934, as amended. The agreement among
the Reporting Persons to file jointly is attached as Exhibit A to the Initial
Schedule 13G. Each of the Reporting Persons disclaims beneficial ownership of
all of the shares of Common Stock, other than those reported herein as being
owned by it.
Item 9: Notice of Dissolution of Group:
Not Applicable
-9-
Item 10: Certification:
Not Applicable
-10-
SIGNATURES
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.
Dated: March 20, 2008
WARBURG, PINCUS EQUITY PARTNERS, L.P.
By: Warburg Pincus Partners, LLC,
its General Partner
By: Warburg Pincus & Co.,
its Managing Member
By: /s/ Scott A. Arenare
----------------------------------------
Name: Scott A. Arenare
Title: Partner
|
WARBURG, PINCUS VENTURES INTERNATIONAL, L.P.
By: Warburg Pincus Partners, LLC,
its General Partner
By: Warburg Pincus & Co.,
its Managing Member
By: /s/ Scott A. Arenare
----------------------------------------
Name: Scott A. Arenare
Title: Partner
|
WARBURG, PINCUS VENTURES, L.P.
By: Warburg Pincus Partners, LLC,
its General Partner
By: Warburg Pincus & Co.,
its Managing Member
By: /s/ Scott A. Arenare
----------------------------------------
Name: Scott A. Arenare
Title: Partner
|
-11-
WARBURG PINCUS PARTNERS, LLC
By: Warburg Pincus & Co.,
its Managing Member
By: /s/ Scott A. Arenare
----------------------------------------
Name: Scott A. Arenare
Title: Partner
|
WARBURG PINCUS & CO.
By: /s/ Scott A. Arenare
----------------------------------------
Name: Scott A. Arenare
Title: Partner
|
WARBURG PINCUS LLC
By: /s/ Scott A. Arenare
----------------------------------------
Name: Scott A. Arenare
Title: Managing Director
|
-12-
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