SC 13G/A 1 d404629dsc13ga.htm SC 13G/A SC 13G/A

 

 

Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

 

 

ironSource Ltd.

(Name of Issuer)

Class A ordinary shares

(Title of Class of Securities)

M5R75Y101

(CUSIP Number)

November 7, 2022

(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 the 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. M5R75Y101    Schedule 13G    Page 1 of 15

 

  1    

  Names of Reporting Person

 

  CVC Capital Partners VII Limited

  2  

  Check the Appropriate Box if a Member of a Group

 

  (a)  ☐        (b)  ☐

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0%

12  

  Type of Reporting Person

 

  CO


CUSIP No. M5R75Y101    Schedule 13G    Page 2 of 15

 

  1    

  Names of Reporting Person

 

  CVC Capital Partners VII Associates 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

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0%

12  

  Type of Reporting Person

 

  PN


CUSIP No. M5R75Y101    Schedule 13G    Page 3 of 15

 

  1    

  Names of Reporting Person

 

  CVC Capital Partners Investment Europe 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

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0%

12  

  Type of Reporting Person

 

  PN


CUSIP No. M5R75Y101    Schedule 13G    Page 4 of 15

 

  1    

  Names of Reporting Person

 

  CVC Capital Partners VII (A), 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

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0%

12  

  Type of Reporting Person

 

  PN


CUSIP No. M5R75Y101    Schedule 13G    Page 5 of 15

 

  1    

  Names of Reporting Person

 

  CVC Growth Partners GP Limited

  2  

  Check the Appropriate Box if a Member of a Group

 

  (a)  ☐        (b)  ☐

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0%

12  

  Type of Reporting Person

 

  CO


CUSIP No. M5R75Y101    Schedule 13G    Page 6 of 15

 

  1    

  Names of Reporting Person

 

  CVC Growth Partners Associates 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

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0%

12  

  Type of Reporting Person

 

  PN


CUSIP No. M5R75Y101    Schedule 13G    Page 7 of 15

 

  1    

  Names of Reporting Person

 

  CVC Growth Partners 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

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0%

12  

  Type of Reporting Person

 

  PN


CUSIP No. M5R75Y101    Schedule 13G    Page 8 of 15

 

  1    

  Names of Reporting Person

 

  Appsource Holdings Jersey Limited

  2  

  Check the Appropriate Box if a Member of a Group

 

  (a)  ☐        (b)  ☐

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0%

12  

  Type of Reporting Person

 

  CO


CUSIP No. M5R75Y101    Schedule 13G    Page 9 of 15

 

  1    

  Names of Reporting Person

 

  App Holdings S.à r.l.

  2  

  Check the Appropriate Box if a Member of a Group

 

  (a)  ☐        (b)  ☐

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Luxembourg

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0%

12  

  Type of Reporting Person

 

  OO


CUSIP No. M5R75Y101    Schedule 13G    Page 10 of 15

 

  1    

  Names of Reporting Person

 

  App Investments S.à r.l.

  2  

  Check the Appropriate Box if a Member of a Group

 

  (a)  ☐        (b)  ☐

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Luxembourg

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0%

12  

  Type of Reporting Person

 

  OO


CUSIP No. M5R75Y101    Schedule 13G    Page 11 of 15

 

ITEM 1.

(a)     Name of Issuer:

ironSource Ltd. (the “Issuer”).

 

  (b)

Address of Issuer’s Principal Executive Offices:

121 Menachem Begin Street

Tel Aviv 6701203, Israel

 

ITEM 2.

(a)     Name of Person 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:

 

  1.

CVC Capital Partners VII Limited;

 

  2.

CVC Capital Partners VII Associates L.P.;

 

  3.

CVC Capital Partners Investment Europe VII L.P.;

 

  4.

CVC Capital Partners VII (A), L.P. (together with CVC Capital Partners VII Associates L.P. and CVC Capital Partners Investment Europe VII L.P., “CVC Fund VII”);

 

  5.

CVC Growth Partners GP Limited;

 

  6.

CVC Growth Partners Associates L.P.

 

  7.

CVC Growth Partners L.P. (together with CVC Growth Partners Associates L.P., “CVC Growth Fund I”);

 

  8.

Appsource Holdings Jersey Limited;

 

  9.

App Holdings S.à r.l.; and

 

  10.

App Investments S.à r.l. (“App Investments”).

 

  (b)

Address or Principal Business Office:

The principal business address of the Reporting Persons under 1 through 8 is 27 Esplanade, St. Helier, JE1 1SG, Jersey.

The principal business address of the Reporting Persons under 9 and 10 is 20 avenue Monterey, Luxembourg, L-2163.

 

  (c)

Citizenship of each Reporting Person is:

The Reporting Persons under 1 through 8 are organized under the laws of Jersey and the Reporting Persons under 9 and 10 are organized under the laws of Luxembourg.


CUSIP No. M5R75Y101    Schedule 13G    Page 12 of 15

 

  (d)

Title of Class of Securities:

Class A ordinary shares, no par value (“Class A Ordinary Shares”)

 

  (e)

CUSIP Number:

M5R75Y101

 

ITEM 3.

Not applicable.

 

ITEM 4.

Ownership.

(a-c)

This amendment to Schedule 13G is being filed on behalf of the Reporting Persons to report that, as of November 7, 2022, the Reporting Persons do not own any Class A Ordinary Shares.

 

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 persons have ceased to be the beneficial owners of more than five percent of the class of securities, check the following: ☒

 

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.

Certification.

Not applicable.


CUSIP No. M5R75Y101    Schedule 13G    Page 13 of 15

 

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.

Date: November 16, 2022

 

CVC Capital Partners VII Limited
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title: Director
CVC Capital Partners VII Associates L.P.
By: CVC Capital Partners VII Limited, its general partner
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title: Director
CVC Capital Partners Investment Europe VII L.P.
By: CVC Capital Partners VII Limited, its general partner
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title: Director
CVC Capital Partners VII (A), L.P.
By: CVC Capital Partners VII Limited, its general partner
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title: Director
CVC Growth Partners GP Limited
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title: Director


CUSIP No. M5R75Y101    Schedule 13G    Page 14 of 15

 

CVC Growth Partners Associates L.P.
By: CVC Growth Partners GP Limited, its general partner
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title:   Director
CVC Growth Partners L.P.
By: CVC Growth Partners GP Limited, its general partner
By:  

/s/ Carl Hansen

Name: Carl Hansen
Title:   Director
Appsource Holdings Jersey Limited
By:  

/s/ Robert Boylan

Name: Robert Boylan
Title:   Director
App Holdings S.à r.l.
By:  

/s/ Caroline Goergen

Name: Caroline Goergen
Title:   Director
By:  

/s/ Carmen André

Name: Carmen André
Title:   Director
App Investments S.à r.l
By:  

/s/ Caroline Goergen

Name: Caroline Goergen
Title:   Director
By:  

/s/ Carmen André

Name: Carmen André
Title:   Director


CUSIP No. M5R75Y101    Schedule 13G    Page 15 of 15

 

LIST OF EXHIBITS

 

Exhibit
No.

  

Description

99    Joint Filing Agreement (previously filed).