The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACI WORLDWIDE INC COM 004498101 39,612 1,851,020 SH   DFND   1,851,020 0 0
ASBURY AUTOMOTIVE GROUP INC COM 043436104 44,629 661,764 SH   DFND   661,764 0 0
BLACKHAWK NETWORK HLDGS INC COM 09238E104 35,368 800,000 SH   DFND   800,000 0 0
BLOUNT INTL INC NEW COM 095180105 70,968 7,234,203 SH   DFND   7,234,203 0 0
CBIZ INC COM 124805102 10,362 1,050,944 SH   DFND   1,050,944 0 0
CONTROL4 CORP COM 21240D107 8,404 1,156,013 SH   DFND   1,156,013 0 0
EBIX INC COM NEW 278715206 55,866 1,703,764 SH   DFND   1,703,764 0 0
EPIQ SYS INC COM 26882D109 79,715 6,099,088 SH   DFND   6,099,088 0 0
FORRESTER RESH INC COM 346563109 32,057 1,125,608 SH   DFND   1,125,608 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 13,900 500,000 SH   DFND   500,000 0 0
MUELLER WTR PRODS INC COM SER A 624758108 19,537 2,271,687 SH   DFND   2,271,687 0 0
PTC INC COM 69370C100 53,330 1,540,000 SH   DFND   1,540,000 0 0
SHUTTERFLY INC COM 82568P304 64,742 1,452,928 SH   DFND   1,452,928 0 0
UTI WORLDWIDE INC ORD G87210103 64,476 9,171,540 SH   DFND   9,171,540 0 0