UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c)
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
BLACKBAUD, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001 PER SHARE
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(Title of Class of Securities)
09227Q100
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(CUSIP Number)
FEB. 14, 2006
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(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)
SCHEDULE 13G
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CUSIP NO. 09227Q100 Page 2 of 11
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Hellman & Friedman Capital Partners III, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(See Instructions) (b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 7,765,973
OWNED -----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
BY EACH 0
REPORTING -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON WITH 7,765,973
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,765,973
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.26%
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12 TYPE OF REPORTING PERSON (See Instructions)
PN
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SCHEDULE 13G
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CUSIP NO. 09227Q100 Page 3 of 11
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
H&F Orchard Partners III, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(See Instructions) (b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 570,815
OWNED -----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
BY EACH 0
REPORTING -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON WITH 570,815
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
570,815
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions) |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.34%
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12 TYPE OF REPORTING PERSON (See Instructions)
PN
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SCHEDULE 13G
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CUSIP NO. 09227Q100 Page 4 of 11
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
H&F International Partners III, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(See Instructions) (b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 170,139
OWNED -----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
BY EACH 0
REPORTING -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON WITH 170,139
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
170,139
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions) |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.40%
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12 TYPE OF REPORTING PERSON (See Instructions)
PN
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SCHEDULE 13G
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CUSIP NO. 09227Q100 Page 5 of 11
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
H&F Investors III, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(See Instructions) (b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 8,506,927
OWNED -----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
BY EACH 0
REPORTING -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON WITH 8,506,927
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,506,927
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions)
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
20.00%
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12 TYPE OF REPORTING PERSON (See Instructions)
CO
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SCHEDULE 13G
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CUSIP NO. 09227Q100 Page 6 of 11
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
F. Warren Hellman
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(See Instructions) (b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY 8,506,927
OWNED -----------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
BY EACH 0
REPORTING -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON WITH 8,506,927
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,506,927
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions)
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
20.00%
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12 TYPE OF REPORTING PERSON (See Instructions)
IN
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SCHEDULE 13G
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CUSIP NO. 09227Q100 Page 7 of 11
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ITEM 1(a): NAME OF ISSUER:
Blackbaud, Inc.
ITEM 1(b): ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
2000 Daniel Island Drive, Charleston, South Carolina 29492
ITEM 2(a): NAME OF PERSON FILING:
This statement is filed on behalf of Hellman & Friedman Capital
Partners III, L.P., a California limited partnership, H&F International Partners
III, L.P., a California limited partnership, H&F Orchard Partners III, L.P., a
California limited partnership (collectively, the "H&F Investors"), H&F
Investors III, Inc., a California C corporation ("H&F Inc."), and F. Warren
Hellman.
The H&F Investors are the direct owners of the Shares (as defined
below). The sole general partner of the H&F Investors is H&F Investors III, a
California general partnership. The managing general partner of H&F Investors
III is Hellman & Friedman Associates III, L.P., a California limited
partnership, and the managing general partner of Hellman & Friedman Associates
III, L.P. is H&F Inc. The sole shareholder of H&F Inc. is The Hellman Family
Revocable Trust (the "Trust"). Mr. Hellman is a director of H&F Inc. and a
trustee of the Trust. The investment decisions of H&F Inc. are made by an
investment committee, of which Mr. Hellman is a voting member. The investment
committee indirectly exercises sole voting and investment power with respect to
the Shares held by the H&F Investors. As a member of the executive committee,
Mr. Hellman could be deemed to beneficially own such shares, but he disclaims
such beneficial ownership except to the extent of his indirect pecuniary
interest in such shares.
The H&F Investors, H&F Inc. and Mr. Hellman 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,
although neither the fact of this filing nor anything herein shall be deemed to
be an admission by the H&F Investors, H&F Inc. or Mr. Hellman that such a group
exists.
ITEM 2(b): ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The principal business office of each Reporting Person is One
Maritime Plaza, 12th Floor, San Francisco, California 94111.
ITEM 2(c): CITIZENSHIP:
See the responses to Item 4 on the attached Cover Pages
SCHEDULE 13G
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CUSIP NO. 09227Q100 Page 8 of 11
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ITEM 2(d): TITLE OF CLASS OF SECURITIES:
common stock, par value $0.001 per share (the "Shares")
ITEM 2(e): CUSIP NUMBER:
09227Q100
ITEM 3: IF THIS STATEMENT IS FILED PURSUANT TO RULE 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
Exchange Act.
(b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) |_| Insurance company as defined in Section 3(a)(19) of the
Exchange Act.
(d) |_| Investment company registered under Section 8 of the
Investment Company Act.
(e) |_| An investment adviser in accordance with
Rule 13d-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
(h) |_| A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) |_| A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
ITEM 4: OWNERSHIP.
(a) Amount Beneficially Owned:
See the responses to Item 9 on the attached Cover Pages
(b) Percent of Class:
See the responses to Item 11 on the attached Cover Pages
(c) Number of shares as to which such persons have:
(i) Sole power to vote or to direct the vote:
See the responses to Item 5 on the attached Cover Pages
(ii) Shared power to vote or to direct the vote:
See the responses to Item 6 on the attached Cover Pages
SCHEDULE 13G
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CUSIP NO. 09227Q100 Page 9 of 11
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(iii) Sole power to dispose or to direct the disposition of:
See the responses to Item 7 on the attached Cover Pages
(iv) Shared power to dispose or to direct the disposition of:
See the responses to Item 8 on the attached Cover Pages
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 A GROUP.
Not applicable
ITEM 10: CERTIFICATION.
Not applicable
SCHEDULE 13G
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CUSIP NO. 09227Q100 Page 10 of 11
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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: February 14, 2006
H&F INVESTORS III, INC.
By: /s/ Georgia Lee
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Name: Georgia Lee
Title: Vice President
SCHEDULE 13G
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CUSIP NO. 09227Q100 Page 11 of 11
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INDEX OF EXHIBITS
EXHIBIT NUMBER TITLE
1. Agreement with respect to Schedule 13G, dated as
of February 14, 2005, by and between Hellman &
Friedman Capital Partners III, L.P., H&F
International Partners III, L.P., H&F Orchard
Partners III, L.P., H&F Investors III, Inc. and
F. Warren Hellman.