Schedule 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

MASONITE INTERNATIONAL CORPORATION.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

575385109

(CUSIP Number)

December 31, 2013

(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)

 

* 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).

 

 

 


SCHEDULE 13G

 

CUSIP No. 575385109   Page 1 of 18

 

  1   

Names of reporting persons

 

The Carlyle Group L.P.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,773,781

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,773,781

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,773,781

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    6.0%

12  

Type of reporting person

 

    PN

 


SCHEDULE 13G

 

CUSIP No. 575385109   Page 2 of 18

 

  1   

Names of reporting persons

 

Carlyle Group Management L.L.C.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,773,781

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,773,781

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,773,781

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    6.0%

12  

Type of reporting person

 

    OO (Limited Liability Company)

 


SCHEDULE 13G

 

CUSIP No. 575385109   Page 3 of 18

 

  1   

Names of reporting persons

 

Carlyle Holdings I GP Inc.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,773,781

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,773,781

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,773,781

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    6.0%

12  

Type of reporting person

 

    CO

 


SCHEDULE 13G

 

CUSIP No. 575385109   Page 4 of 18

 

  1   

Names of reporting persons

 

Carlyle Holdings I GP Sub L.L.C.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,773,781

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,773,781

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,773,781

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    6.0%

12  

Type of reporting person

 

    OO (Limited Liability Company)

 


SCHEDULE 13G

 

CUSIP No. 575385109   Page 5 of 18

 

  1   

Names of reporting persons

 

Carlyle Holdings I L.P.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,773,781

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,773,781

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,773,781

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    6.0%

12  

Type of reporting person

 

    PN

 


SCHEDULE 13G

 

CUSIP No. 575385109   Page 6 of 18

 

  1   

Names of reporting persons

 

TC Group, L.L.C.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,773,781

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,773,781

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,773,781

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    6.0%

12  

Type of reporting person

 

    OO (Limited Liability Company)

 


SCHEDULE 13G

 

CUSIP No. 575385109   Page 7 of 18

 

  1   

Names of reporting persons

 

TC Group Sub L.P.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,773,781

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,773,781

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,773,781

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    6.0%

12  

Type of reporting person

 

    OO (Limited Liability Company)

 


SCHEDULE 13G

 

CUSIP No. 575385109       Page 8 of 18

 

  1   

Names of reporting persons

 

TC Group CSP II, L.L.C.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,773,781

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,773,781

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,773,781

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    6.0%

12  

Type of reporting person

 

    PN

 


SCHEDULE 13G

 

CUSIP No. 575385109       Page 9 of 18

 

  1   

Names of reporting persons

 

CSP II General Partner, L.P.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,773,781

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,773,781

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,773,781

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    6.0%

12  

Type of reporting person

 

    OO (Limited Liability Company)

 


SCHEDULE 13G

 

CUSIP No. 575385109       Page 10 of 18

 

  1   

Names of reporting persons

 

Carlyle Strategic Partners II, L.P.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,714,183

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,714,183

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,714,183

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    5.8%

12  

Type of reporting person

 

    OO (Limited Liability Company)

 


SCHEDULE 13G

 

CUSIP No. 575385109       Page 11 of 18

 

  1   

Names of reporting persons

 

CSP II Coinvestment, L.P.

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizen or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    59,598

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    59,598

  9  

Aggregate amount beneficially owned by each reporting person

 

    59,598

10  

Check if the aggregate amount in Row (9) excludes certain shares

 

    Not Applicable

11  

Percent of class represented by amount in Row 9

 

    0.2%

12  

Type of reporting person

 

    OO (Limited Liability Company)

 


SCHEDULE 13G

 

CUSIP No. 575385109       Page 12 of 18

 

ITEM 1. (a)

Name of Issuer:

Masonite International Corporation (the “Issuer”)

 

  (b) Address of Issuer’s Principal Executive Offices:

2771 Rutherford Road

Concord, Ontario L4K 2N6 Canada

 

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:

Carlyle Group Management L.L.C.

The Carlyle Group L.P.

Carlyle Holdings I GP Inc.

Carlyle Holdings I GP Sub L.L.C.

Carlyle Holdings I L.P.

TC Group, L.L.C.

TC Group Sub L.P.

TC Group CSP II, L.L.C.

CSP II General Partner, L.P.

Carlyle Strategic Partners II, L.P.

CSP II Coinvestment, L.P.

 

  (b) Address or Principal Business Office:

The business address of each of the Reporting Persons is c/o The Carlyle Group, 1001 Pennsylvania Avenue, N.W., Suite 220 South, Washington, D.C. 20004-2505.

 

  (c) Citizenship of each Reporting Person is:

Each of the Reporting Persons is organized in the state of Delaware.

 

  (d) Title of Class of Securities:

Common stock, no par value per share (“Common Stock”)

 

  (e) CUSIP Number:

575385109


SCHEDULE 13G

 

CUSIP No. 575385109       Page 13 of 18

 

ITEM 3.

Not applicable.

 

ITEM 4. Ownership

Ownership (a-c)

The ownership information presented below represents beneficial ownership of Common Stock of the Issuer as of June 9, 2014, based upon 29,429,916 shares of the Issuer’s Common Stock outstanding as of May 5, 2014.

 

Reporting Person   

Amount

beneficially

owned

    

Percent

of class:

   

Sole
power
to vote or

to direct

the vote:

     Shared
power to
vote or to
direct the
vote:
    

Sole
power to
dispose or
to direct
the
disposition

of:

    

Shared

power to

dispose or

to direct

the

disposition

of:

 

Carlyle Group Management L.L.C.

     1,773,781         6.0     0         1,773,781         0         1,773,781   

The Carlyle Group L.P.

     1,773,781         6.0     0         1,773,781         0         1,773,781   

Carlyle Holdings I GP Inc.

     1,773,781         6.0     0         1,773,781         0         1,773,781   

Carlyle Holdings I GP Sub L.L.C.

     1,773,781         6.0     0         1,773,781         0         1,773,781   

Carlyle Holdings I L.P.

     1,773,781         6.0     0         1,773,781         0         1,773,781   

TC Group, L.L.C.

     1,773,781         6.0     0         1,773,781         0         1,773,781   

TC Group Sub L.P.

     1,773,781         6.0     0         1,773,781         0         1,773,781   

TC Group CSP II, L.L.C.

     1,773,781         6.0     0         1,773,781         0         1,773,781   

CSP II General Partner, L.P.

     1,773,781         6.0     0         1,773,781         0         1,773,781   

Carlyle Strategic Partners II, L.P.

     1,714,183         5.8     0         1,714,183         0         1,714,183   

CSP II Coinvestment, L.P.

     59,598         0.2     0         59,598         0         59,598   

Carlyle Strategic Partners II, L.P. and CSP II Coinvestment, L.P. are the record holders of 1,352,317 and 47,010 shares of Common Stock, respectively, and warrants representing the right to purchase 361,866 and 12,588 shares of Common Stock for $50.77 per share, respectively. Such amounts do not include 13,952 shares of Common Stock and warrants representing the right to purchase 32,476 shares of Common Stock for $50.77 per share, which were held by Carlyle Strategic Partners, L.P. as of December 31, 2013, but sold prior to the date hereof.

Carlyle Group Management L.L.C. is the general partner of The Carlyle Group L.P., which is a publicly traded entity listed on NASDAQ. The Carlyle Group L.P. is the sole shareholder of Carlyle Holdings I GP Inc., which is the managing member of Carlyle Holdings I GP Sub L.L.C., which is the general partner of Carlyle Holdings I L.P., which is the managing member of TC Group, L.L.C., which is the general partner of TC Group Sub L.P., which is the managing member of TC Group CSP II, L.L.C., which is the general partner of CSP II General Partner, L.P., which is the general partner of each of Carlyle Strategic Partners II, L.P. and CSP II Coinvestment, L.P. TC Group, L.L.C. is also the general partner of CSP General Partner, L.P., which is the general partner of Carlyle Strategic Partners, L.P.


SCHEDULE 13G

 

CUSIP No. 575385109       Page 14 of 18

 

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 Group

Not applicable.

 

ITEM 10. Certification

Not applicable.


SCHEDULE 13G

 

CUSIP No. 575385109       Page 15 of 18

 

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: June 9, 2014

 

Carlyle Group Management L.L.C.
By:  

/s/ R. Rainey Hoffman, attorney-in-fact

Name:   Daniel D’Aniello
Title:   Chairman
The Carlyle Group L.P.
By: Carlyle Group Management L.L.C., its general partner
By:  

/s/ R. Rainey Hoffman, attorney-in-fact

Name:   Daniel D’Aniello
Title:   Chairman
Carlyle Holdings I GP Inc.
by:  

/s/ R. Rainey Hoffman, attorney in fact

Name:   Daniel A. D’Aniello
Title:   Chairman
Carlyle Holdings I GP Sub L.L.C.
by: Carlyle Holdings I GP Inc., its managing member
by:  

/s/ R. Rainey Hoffman, attorney in fact

Name:   Daniel A. D’Aniello
Title:   Chairman
Carlyle Holdings I L.P.
by: Carlyle Holdings I GP Sub L.L.C., its general partner
by: Carlyle Holdings I GP Inc., its managing member
by:  

/s/ R. Rainey Hoffman, attorney in fact

Name:   Daniel A. D’Aniello
Title:   Chairman


SCHEDULE 13G

 

CUSIP No. 575385109       Page 16 of 18

 

TC Group, L.L.C.
by: Carlyle Holdings I L.P., its managing member
by: Carlyle Holdings I GP Sub L.L.C., its general partner
by: Carlyle Holdings I GP Inc., its managing member
by:  

/s/ R. Rainey Hoffman, attorney in fact

Name:   Daniel A. D’Aniello
Title:   Chairman
TC Group Sub L.P.
by: TC Group, L.L.C., its general partner
by: Carlyle Holdings I L.P., its managing member
by: Carlyle Holdings I GP Sub L.L.C., its general partner
by: Carlyle Holdings I GP Inc., its managing member
by:  

/s/ R. Rainey Hoffman, attorney in fact

Name:   Daniel A. D’Aniello
Title:   Chairman
TC Group CSP II, L.L.C.
by: TC Group Sub L.P., its managing member
by: TC Group, L.L.C., its general partner
by: Carlyle Holdings I L.P., its managing member
by: Carlyle Holdings I GP Sub L.L.C., its general partner
by: Carlyle Holdings I GP Inc., its managing member
by:  

/s/ R. Rainey Hoffman, attorney in fact

Name:   Daniel A. D’Aniello
Title:   Chairman
CSP II General Partner, L.P.
by: TC Group CSP II, L.L.C., its general partner
by: TC Group Sub L.P., its managing member
by: TC Group, L.L.C., its general partner
by: Carlyle Holdings I L.P., its managing member
by: Carlyle Holdings I GP Sub L.L.C., its general partner
by: Carlyle Holdings I GP Inc., its managing member
by:  

/s/ R. Rainey Hoffman, attorney in fact

Name:   Daniel A. D’Aniello
Title:   Chairman


SCHEDULE 13G

 

CUSIP No. 575385109       Page 17 of 18

 

Carlyle Strategic Partners II, L.P.
by: CSP II General Partner, L.P., its general partner
by: TC Group CSP II, L.L.C., its general partner
by: TC Group Sub L.P., its managing member
by: TC Group, L.L.C., its general partner
by: Carlyle Holdings I L.P., its managing member
by: Carlyle Holdings I GP Sub L.L.C., its general partner
by: Carlyle Holdings I GP Inc., its managing member
by:  

/s/ R. Rainey Hoffman, attorney in fact

Name:   Daniel A. D’Aniello
Title:   Chairman
CSP II Coinvestment, L.P.
by: CSP II General Partner, L.P., its general partner
by: TC Group CSP II, L.L.C., its general partner
by: TC Group Sub L.P., its managing member
by: TC Group, L.L.C., its general partner
by: Carlyle Holdings I L.P., its managing member
by: Carlyle Holdings I GP Sub L.L.C., its general partner
by: Carlyle Holdings I GP Inc., its managing member
by:  

/s/ R. Rainey Hoffman, attorney in fact

Name:   Daniel A. D’Aniello
Title:   Chairman


SCHEDULE 13G

 

CUSIP No. 575385109       Page 18 of 18

 

LIST OF EXHIBITS

 

Exhibit
No.

  

Description

24    Power of Attorney.
99    Joint Filing Agreement.