CVC Capital Partners Amends Unity Software Stake Filing

Ticker: U · Form: SC 13G/A · Filed: Feb 6, 2024 · CIK: 1810806

Complexity: simple

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investment

TL;DR

**CVC Capital Partners just updated their Unity Software ownership, showing their stake as of year-end 2023.**

AI Summary

CVC Capital Partners VII(A) L.P. filed an amended SC 13G/A on February 6, 2024, indicating their ownership of Unity Software Inc. common stock as of December 31, 2023. This filing is an amendment, meaning CVC Capital Partners is updating previously reported information about their stake in Unity. This matters to investors because it provides transparency into significant institutional ownership, which can influence stock stability and investor confidence.

Why It Matters

This filing updates the public record on a major institutional investor's position in Unity Software, offering insight into their continued interest or changes in their investment strategy.

Risk Assessment

Risk Level: low — This is a routine amendment to a passive ownership filing and does not indicate any immediate significant risk or opportunity.

Analyst Insight

An investor should note that CVC Capital Partners VII(A) L.P. continues to hold a position in Unity Software Inc. as of year-end 2023. While this filing doesn't reveal the exact percentage or number of shares, it confirms their ongoing passive investment, which can be a positive signal of institutional confidence. However, without the specific share count or percentage, the impact is limited, and further investigation into the full filing details would be needed for a complete picture.

Key Players & Entities

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No. 1' in the filing.

Who is the 'Name of Issuer' in this filing?

The 'Name of Issuer' is Unity Software Inc., as stated under 'Name of Issuer' in the filing.

What is the 'Title of Class of Securities' being reported?

The 'Title of Class of Securities' is Common Stock, as specified in the filing.

What was the 'Date of Event Which Requires Filing of this Statement'?

The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, according to the filing.

Which rule under the Securities Exchange Act of 1934 is this Schedule filed pursuant to?

This Schedule is filed pursuant to Rule 13d-1(c), as indicated by the checked box '☒ Rule 13d-1(c)' in the filing.

Filing Stats: 2,459 words · 10 min read · ~8 pages · Grade level 8.9 · Accepted 2024-02-06 16:32:00

Key Financial Figures

Filing Documents

From the Filing

SC 13G/A 1 d720545dsc13ga.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)* Unity Software Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 91332U101 (CUSIP Number) December 31, 2023 (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 persons 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. 91332U101 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 7,752,197 7 Sole Dispositive Power 0 8 Shared Dispositive Power 7,752,197 9 Aggregate Amount Beneficially Owned by Each Reporting Person 7,752,197 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 2.0% 12 Type of Reporting Person CO CUSIP No. 91332U101 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 7,752,197 7 Sole Dispositive Power 0 8 Shared Dispositive Power 7,752,197 9 Aggregate Amount Beneficially Owned by Each Reporting Person 7,752,197 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 2.0% 12 Type of Reporting Person PN CUSIP No. 91332U101 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 7,752,197 7 Sole Dispositive Power 0 8 Shared Dispositive Power 7,752,197 9 Aggregate Amount Beneficially Owned by Each Reporting Person 7,752,197 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 2.0% 12 Type of Reporting Person PN CUSIP No. 91332U101 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 7,752,197 7 Sole Dispositive Power 0 8 Shared Dispositive Power 7,752,197 9 Aggregate Amount Beneficially Owned by Each Reporting Person 7,752,197 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 2.0% 12 Type of Reporting Person PN CUSIP No. 91332U101 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 7,752,197 7 Sole Dispositive Power 0 8 Shared Dispositive Power 7,752,197 9 Aggregate Amount Beneficially Owned by Each Reporting Person 7,752,197 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 2.0% 12 Type of Reporting Person CO CUSIP No. 91332U101 Schedule 13G Page 6 of 15 1 Names of Reporting Person CVC Growth Partners Ass

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