UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 9)*
HAEMONETICS CORPORATION
-----------------------
(Name of Issuer)
Common Stock, Par Value $0.01
-----------------------------
(Title of Class of Securities)
405024100
---------
(CUSIP Number)
Murray A. Indick
Blum Capital Partners, L.P.
909 Montgomery Street, Suite 400
San Francisco, CA 94133
(415) 434-1111
--------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 16, 2003
------------------
(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 which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box [ ].
*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 ("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).
Page 1 of 13
CUSIP NO. 405024100 SCHEDULE 13D Page 2 of 13
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON BLUM CAPITAL PARTNERS, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3205364
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [x]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. SOURCE OF FUNDS* See Item 3
------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION California
------------------------------------------------------------------------------
7. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------------
SHARES 8. SHARED VOTING POWER 2,762,900**
BENEFICIALLY
OWNED BY EACH -----------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER -0-
-----------------------------------------------------------
10. SHARED DISPOSITIVE POWER 2,762,900**
------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,762,900**
------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.4%**
------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON PN, IA
------------------------------------------------------------------------------
** See Item 5 below
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 405024100 SCHEDULE 13D Page 3 of 13
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON RICHARD C. BLUM & ASSOCIATES, INC.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-2967812
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [x]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. SOURCE OF FUNDS* See Item 3
------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION California
------------------------------------------------------------------------------
7. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------------
SHARES 8. SHARED VOTING POWER 2,762,900**
BENEFICIALLY
OWNED BY EACH -----------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER -0-
-----------------------------------------------------------
10. SHARED DISPOSITIVE POWER 2,762,900**
------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,762,900**
------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.4%*
------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON CO
------------------------------------------------------------------------------
** See Item 5 below
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 405024100 SCHEDULE 13D Page 4 of 13
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON BLUM STRATEGIC GP, L.L.C.
(Formerly RCBA GP, L.L.C.)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3303831
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [x]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. SOURCE OF FUNDS* See Item 3
------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
------------------------------------------------------------------------------
7. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------------
SHARES 8. SHARED VOTING POWER 2,762,900**
BENEFICIALLY
OWNED BY EACH -----------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER -0-
-----------------------------------------------------------
10. SHARED DISPOSITIVE POWER 2,762,900**
------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,762,900**
------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.4%**
------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON OO (Limited Liability Company)
------------------------------------------------------------------------------
** See Item 5 below
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 405024100 SCHEDULE 13D Page 5 of 13
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON RICHARD C. BLUM
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON+
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [x]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. SOURCE OF FUNDS* See Item 3
------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A.
------------------------------------------------------------------------------
7. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------------
SHARES 8. SHARED VOTING POWER 2,762,900**
BENEFICIALLY
OWNED BY EACH -----------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER -0-
-----------------------------------------------------------
10. SHARED DISPOSITIVE POWER 2,762,900**
------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,762,900**
------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.4%**
------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON IN
------------------------------------------------------------------------------
** See Item 5 below
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 405024100 SCHEDULE 13D Page 6 of 13
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON BLUM STRATEGIC PARTNERS, L.P.
(Formerly RCBA Strategic Partners, L.P.)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3303833
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [x]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. SOURCE OF FUNDS* WC
------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
------------------------------------------------------------------------------
7. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------------
SHARES 8. SHARED VOTING POWER 2,762,900**
BENEFICIALLY
OWNED BY EACH -----------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER -0-
-----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
2,762,900**
------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,762,900**
------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.4%**
------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON PN
------------------------------------------------------------------------------
** See Item 5 below
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 405024100 SCHEDULE 13D Page 7 of 13
This Amendment No. 9 amends the Statement on Schedule 13D (the "Schedule 13D")
filed with the Securities and Exchange Commission (the "Commission") on June
15, 2001, by Blum Capital Partners, L.P., a California limited partnership
("BLUM L.P."); Richard C. Blum & Associates, Inc., a California corporation
("RCBA Inc."); Blum Strategic GP, L.L.C. (formerly RCBA GP, L.L.C.), a
Delaware limited liability company ("BLUM GP"); Blum Strategic Partners, L.P.
(formerly RCBA Strategic Partners, L.P.), a Delaware limited partnership
("Blum Strategic"); and Richard C. Blum, the Chairman and a substantial
shareholder of RCBA Inc. and a managing member of BLUM GP (collectively, the
"Reporting Persons"). This amendment to the Schedule 13D relates to the shares
of Common Stock, $0.01 par value (the "Common Stock") of Haemonetics
Corporation, a Massachusetts corporation (the "Issuer"). The principal
executive office and mailing address of the Issuer is 400 Wood Road,
Braintree, MA 02184. The following amendments to the Schedule 13D are hereby
made. Unless otherwise defined herein, all capitalized terms shall have the
meanings ascribed to them in the Schedule 13D.
Item 2. Identity and Background
--------------------------------
Item 2 of the Schedule 13D is hereby amended as follows:
Since the filing of Amendment No. 8 to Schedule 13D, there have been changes
to the executive officers and directors of BLUM L.P. and RCBA Inc.
The principal business office address of BLUM L.P. and RCBA Inc. is 909
Montgomery Street, Suite 400, San Francisco, California 94133. The names of
the executive officers and directors of RCBA Inc., their addresses,
citizenship and principal occupations are as follows:
Name and Business Citizen- Principal Occupation
Office Held Address ship or Employment
-------------------- ----------------------- --------- --------------------
Richard C. Blum 909 Montgomery St. USA President & Chairman,
President & Suite 400 BLUM L.P.
Chairman San Francisco, CA 94133
Nils Colin Lind 909 Montgomery St. Norway Managing Partner,
Managing Partner Suite 400 BLUM L.P.
& Director San Francisco, CA 94133
Claus J. Moller 909 Montgomery St. Denmark Managing Partner,
Managing Partner Suite 400 BLUM L.P.
& Director San Francisco, CA 94133
John C. Walker 909 Montgomery St. USA Partner,
Partner Suite 400 BLUM L.P.
San Francisco, CA 94133
Kevin A. Richardson II 909 Montgomery St. USA Partner,
Partner Suite 400 BLUM L.P.
San Francisco, CA 94133
CUSIP NO. 405024100 SCHEDULE 13D Page 8 of 13
Name and Business Citizen- Principal Occupation
Office Held Address ship or Employment
-------------------- ----------------------- --------- --------------------
Jose S. Medeiros 909 Montgomery St. Brazil Partner,
Partner Suite 400 BLUM L.P.
San Francisco, CA 94133
Kerry L. Nelson 909 Montgomery St. USA Partner,
Partner Suite 400 BLUM L.P.
San Francisco, CA 94133
Jeffrey A. Cozad 909 Montgomery St. USA Partner,
Partner Suite 400 BLUM L.P.
San Francisco, CA 94133
Marc T. Scholvinck 909 Montgomery St. USA Partner & Chief
Partner, Chief Suite 400 Financial Officer,
Financial Officer, San Francisco, CA 94133 BLUM L.P.
Assistant Secretary
& Director
Murray A. Indick 909 Montgomery St. USA Partner and
Partner, General Suite 400 General Counsel,
Counsel & Secretary San Francisco, CA 94133 BLUM L.P.
In February 2002, RCBA GP, L.L.C. and RCBA Strategic Partners, L.P. changed
their names to Blum Strategic GP, L.L.C. and Blum Strategic Partners, L.P.,
respectively. The principal business of Blum GP is acting as general partner
for Blum Strategic.
Since the filing of Amendment No. 8 to Schedule 13D, there have been changes
to the members of BLUM GP.
The principal business office address of BLUM GP is 909 Montgomery Street,
Suite 400, San Francisco, CA 94133. The names of the managing members and
members of BLUM GP, their addresses, citizenship and principal occupations are
as follows:
Name and Business Citizen- Principal Occupation
Office Held Address ship or Employment
-------------------- ----------------------- --------- --------------------
Richard C. Blum 909 Montgomery St. USA President & Chairman,
Managing Member Suite 400 BLUM L.P.
San Francisco, CA 94133
Nils Colin Lind 909 Montgomery St. Norway Managing Partner,
Managing Member Suite 400 BLUM L.P.
San Francisco, CA 94133
CUSIP NO. 405024100 SCHEDULE 13D Page 9 of 13
Name and Business Citizen- Principal Occupation
Office Held Address ship or Employment
-------------------- ----------------------- --------- --------------------
Claus J. Moller 909 Montgomery St. Denmark Managing Partner,
Managing Member Suite 400 BLUM L.P.
San Francisco, CA 94133
John C. Walker 909 Montgomery St. USA Partner,
Member Suite 400 BLUM L.P.
San Francisco, CA 94133
Kevin A. Richardson II 909 Montgomery St. USA Partner,
Member Suite 400 BLUM L.P.
San Francisco, CA 94133
Jose S. Medeiros 909 Montgomery St. Brazil Partner,
Member Suite 400 BLUM L.P.
San Francisco, CA 94133
Kerry L. Nelson 909 Montgomery St. USA Partner,
Member Suite 400 BLUM L.P.
San Francisco, CA 94133
Jeff A. Cozad 909 Montgomery St. USA Partner,
Member Suite 400 BLUM L.P.
San Francisco, CA 94133
Marc T. Scholvinck 909 Montgomery St. USA Partner & Chief
Member Suite 400 Financial Officer,
San Francisco, CA 94133 BLUM L.P.
Murray A. Indick 909 Montgomery St. USA Partner and
Member Suite 400 General Counsel,
San Francisco, CA 94133 BLUM L.P.
To the best knowledge of the Reporting Persons, none of the entities or
persons identified in this Item 2 has, during the past five years, been
convicted of any criminal proceeding (excluding traffic violations or similar
misdemeanors), nor been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such
proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to,
federal or state securities laws or finding any violation with respect to such
laws.
Item 5. Interest in Securities of the Issuer
---------------------------------------------
Item 5 of the Schedule 13D is hereby amended as follows:
CUSIP NO. 405024100 SCHEDULE 13D Page 10 of 13
(a),(b) According to the Issuer's most recent Form 10-Q, there were 24,237,965
shares of Common Stock issued and outstanding as of December 28, 2002. Based
on such information, after taking into account the transactions described in
Item 5(c) below, the Reporting Persons report beneficial ownership of the
following shares of Common Stock:(i) 484,800 shares of Common Stock held by
Blum L.P. and RCBA, Inc. on behalf of the limited partnerships for which Blum
L.P. serves as the general partner, or on behalf of an entity for which Blum
L.P. serves as investment advisor, which represents 2.0% of the outstanding
shares of the Common Stock; (ii) 1,228,500 shares of Common Stock held by Blum
GP on behalf of the limited partnership for which it serves as the general
partner, which represents 5.1% of the outstanding shares of the Common Stock;
and (iii) 811,700 shares of Common Stock that are legally owned by Carpenters
Pension Trust for Southern California ("Carpenters"), 45,700 shares of Common
Stock that are legally owned by United Brotherhood of Carpenters Pension Plan
("UBC") and 192,200 shares of Common Stock that are legally owned by The
Common Fund for the account of its Multi-Strategy Equity Fund ("The Common
Fund")(collectively, the "Investment Advisory Clients"), with respect to which
Blum L.P. has voting and investment power. The Investment Advisory Clients
represent 4.3% of the outstanding shares of the Common Stock. The Common Fund
is principally engaged in the business of managing investments for educational
institutions. The principal administrative office of The Common Fund is
located at 15 Old Danbury Road, Wilton, Connecticut 06897-0812. Each of the
Investment Advisory Clients has entered into an advisory agreement with Blum
L.P., but none of the Investment Advisory Clients has any contract,
arrangement or understanding with any other Investment Advisory Client, or any
other Reporting Person, with respect to the acquisition, ownership,
disposition or voting of any shares of the Common Stock. Each of the
Investment Advisory Clients disclaims membership in a group with any Reporting
Person or with any other Investment Advisory Client, and each disclaims
beneficial ownership of any shares beneficially owned by the Reporting Persons
other than for their own account. Voting and investment power concerning the
above shares are held solely by Blum L.P. and Blum GP. The Reporting Persons
therefore may be deemed to be members in a group, in which case the group
would be deemed to have beneficial ownership of an aggregate of 2,762,900
shares of the Common Stock, which is 11.40% of the outstanding Common Stock.
As the sole general partner of Blum L.P., RCBA Inc. is deemed the beneficial
owner of the securities over which Blum L.P. has voting and investment power.
As Chairman, director and a substantial shareholder of RCBA Inc., Richard C.
Blum might be deemed to be the beneficial owner of the securities beneficially
owned by RCBA Inc. Additionally, Mr. Blum may be deemed to be the beneficial
owner of the securities over which Blum GP has voting and investment power.
Although Mr. Blum is joining in this Schedule as a Reporting Person, the
filing of this Schedule shall not be construed as an admission that he, or any
of the other shareholders, directors or executive officers of RCBA Inc.,
managing members and members of Blum GP, is, for any purpose, the beneficial
owner of any of the securities that are beneficially owned by RCBA Inc. or
Blum GP.
(c) During the last 60 days, the Reporting Persons sold the following shares
of the Common Stock pursuant to Rule 144:
CUSIP NO. 405024100 SCHEDULE 13D Page 11 of 13
Entity Trade Date Shares Price/Share
------ ---------- ------ ------------
Investment partnerships for 05-16-03 115,300 18.9799
which BLUM L.P. serves as the 05-20-03 20,900 18.3184
general partner and on behalf 05-21-03 24,700 18.2491
of an entity for which 05-22-03 18,500 18.1620
BLUM L.P. serves as investment
advisor
Entity Trade Date Shares Price/Share
------ ---------- ------ ------------
The Investment Advisory 05-16-03 249,300 18.9799
Clients for which BLUM L.P. 05-20-03 45,000 18.3184
serves as investment advisor 05-21-03 53,400 18.2491
05-22-03 40,400 18.1620
(d) and (e) Not applicable.
Item 7. Material to be Filed as Exhibits
-----------------------------------------
Exhibit A Joint Filing Undertaking.
CUSIP NO. 405024100 SCHEDULE 13D Page 12 of 13
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: May 27, 2003
RICHARD C. BLUM & ASSOCIATES, INC. BLUM CAPITAL PARTNERS, L.P.
By Richard C. Blum & Associates, Inc.
its general partner
By /s/ Murray A. Indick By /s/ Murray A. Indick
------------------------------- -----------------------------------
Murray A. Indick Murray A. Indick
Partner, General Counsel, Partner, General Counsel,
Counsel, and Secretary and Secretary
BLUM STRATEGIC GP, L.L.C.
(Formerly RCBA GP, L.L.C.)
By /s/ Murray A. Indick
-------------------------------
Murray A. Indick, Member
BLUM STRATEGIC PARTNERS, L.P. (Formerly RCBA Strategic Partners, L.P.)
By BLUM STRATEGIC GP, L.L.C., its general partner
By /s/ Murray A. Indick
-------------------------------
Murray A. Indick, Member
/s/ Murray A. Indick
------------------------------------
RICHARD C. BLUM
By Murray A. Indick, Attorney-in-Fact
CUSIP NO. 405024100 SCHEDULE 13D Page 13 of 13
Exhibit A
JOINT FILING UNDERTAKING
The undersigned, being duly authorized thereunto, hereby execute this
agreement as an exhibit to this Schedule 13D to evidence the agreement of the
below-named parties, in accordance with the rules promulgated pursuant to the
Securities Exchange Act of 1934, to file this Schedule jointly on behalf of
each such party.
Dated: May 27, 2003
RICHARD C. BLUM & ASSOCIATES, INC. BLUM CAPITAL PARTNERS, L.P.
By Richard C. Blum & Associates, Inc.
its general partner
By /s/ Murray A. Indick By /s/ Murray A. Indick
------------------------------- -----------------------------------
Murray A. Indick Murray A. Indick
Partner, General Counsel, Partner, General Counsel,
Counsel, and Secretary and Secretary
BLUM STRATEGIC GP, L.L.C.
By /s/ Murray A. Indick
-------------------------------
Murray A. Indick, Member
BLUM STRATEGIC PARTNERS, L.P.
By BLUM STRATEGIC GP, L.L.C., its general partner
By /s/ Murray A. Indick
-------------------------------
Murray A. Indick, Member
/s/ Murray A. Indick
------------------------------------
RICHARD C. BLUM
By Murray A. Indick, Attorney-in-Fact