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Table of Contents

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Suntron Corporation
 
(Name of Issuer)
Common Stock, par value $0.01 per share
 
(Title of Class of Securities)
86789P 10 0
 
(CUSIP Number)
Daniel F. Moorse
Thayer-BLUM Funding III, L.L.C.
1455 Pennsylvania Avenue, N.W.
Washington, D.C. 20004
(202) 371-0150
with a copy to:
Michael L. Kaplan, Esq.
Jeremy D. Zangara, Esq.
Greenberg Traurig, LLP
2375 E. Camelback Road
Suite 700
Phoenix, AZ 85016
(602) 445-8000
 
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
October 3, 2007
 
(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 that is the subject of this Schedule 13D, and is filing this schedule because § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check the following box o.
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7(b) for other parties to whom copies are to be sent.
 
*   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).

 


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 1  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

SUNN Acquisition Corporation
26-1170930
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   24,892,751
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   24,892,751
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  CO


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 2  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Thayer-BLUM Funding III, L.L.C.
46-0468415
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  OO (Limited Liability Company)


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 3  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Thayer | Hidden Creek Partners, L.L.C.
20-1122378
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  OO (Limited Liability Company)


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 4  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

TC Equity Partners IV, L.L.C.
52-2121904
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  OO (Limited Liability Company)


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 5  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Thayer | Hidden Creek Management, L.P.
52-2121901
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  PN


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 6  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

TC Co-Investors IV, L.L.C.
52-2139964
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  OO (Limited Liability Company)


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 7  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Thayer Equity Investors IV, L.P.
52-2128525
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  PN


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 8  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

TC KCo, L.L.C.
75-3146221
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  OO (Limited Liability Company)


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 9  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

TC Manufacturing Holdings, L.L.C.
52-2298939
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  OO (Limited Liability Company)


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 10  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Blum Strategic Partners, L.P.
94-3303833
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  PN


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 11  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Blum Strategic GP, L.L.C.
94-3303831
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  OO (Limited Liability Company)


Table of Contents

                     
CUSIP No. 86789P 10 0 
       
Page 12  of  12  Pages  

 

           
1   NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Blum (K*TEC) Co-Investment Partners, L.P.
94-3385755
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (See Instructions)
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   24,892,751
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10   SHARED DISPOSITIVE POWER
     
    24,892,751
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  24,892,751
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  90.1%
     
14   TYPE OF REPORTING PERSON (See Instructions)
   
  PN


TABLE OF CONTENTS

Item 1. Security and Issuer
Item 2. Identity and Background
Item 3. Source and Amount of Funds or Other Consideration
Item 4. Purpose of Transaction
Item 5. Interest in Securities of the Issuer
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
Item 7. Material to be Filed as Exhibits
SIGNATURES
EX-99.1
EX-99.2
EX-99.3


Table of Contents

Item 1. Security and Issuer
This Amendment No. 1 (the “Amendment No. 1”) to Schedule 13D amends and supplements the Schedule 13D filed with the Securities and Exchange Commission on March 7, 2002 (the “Schedule 13D”) relating to the Common Stock, par value $0.01 per share (the “Shares”), of Suntron Corporation, a Delaware corporation (“Suntron”). The principal executive offices of Suntron are located at 2501 West Grandview Road, Phoenix, Arizona 85023. All capitalized terms not otherwise defined in this Amendment No. 1 shall have the same meanings ascribed thereto in the Schedule 13D.
Item 2. Identity and Background
Item 2 of the Schedule 13D is hereby amended and restated in its entirety to read as follows:
This Schedule 13D is being filed jointly by SUNN Acquisition Corporation (“SUNN Acquisition”), Thayer-BLUM Funding III, L.L.C. (“Thayer-BLUM”), Thayer ï Hidden Creek Partners, L.L.C., TC Equity Partners IV, L.L.C., Thayer ï Hidden Creek Management, L.P., TC Co-Investors IV, L.L.C., Thayer Equity Investors IV, L.P., TC Manufacturing Holdings, L.L.C., TC KCo, L.L.C. (together each of Thayer ï Hidden Creek Partners, L.L.C., TC Equity Partners IV, L.L.C., Thayer ï Hidden Creek Management, L.P., TC Co-Investors IV, L.L.C., Thayer Equity Investors IV, L.P., TC Manufacturing Holdings, L.L.C., and TC KCo, L.L.C., the “Thayer Entities”), Blum Strategic Partners, L.P., Blum Strategic GP, L.L.C., and Blum (K*TEC) Co-Investment Partners, L.P. (together each of Blum Strategic Partners, L.P., Blum Strategic GP, L.L.C., and Blum (K*TEC) Co-Investment Partners, L.P., the “Blum Entities”) (each of SUNN Acquisition, Thayer-BLUM, the Thayer Entities, and the Blum Entities a “Reporting Person” and taken together the “Reporting Persons”). The Reporting Persons are filing this Schedule 13D because they may be deemed to be a “group” within the meaning of Section 13(d)(3) of the Act with respect to the transaction described in Item 4 of this Schedule 13D. Except as expressly otherwise set forth in this Schedule 13D, each of the Reporting Persons disclaims beneficial ownership of the Shares beneficially owned by any other Reporting Person or any other person. The agreement among the Reporting Persons relating to the joint filing of this statement is attached as Exhibit 99.1 hereto.
The following information is provided for the Reporting Persons that are corporations or otherwise constituted by groups of persons:
             
    Place of       Address of Principal Business
Name   Organization   Principal Business   and Principal Office
SUNN Acquisition Corporation
  Delaware   Controlling stockholder of Suntron   1455 Pennsylvania Avenue,
N.W., Suite 350
Washington, D.C. 20004
 
           
Thayer-BLUM Funding III, L.L.C.
  Delaware   Controlling stockholder of SUNN Acquisition   1455 Pennsylvania Avenue,
N.W., Suite 350
Washington, D.C. 20004
 
           
Thayer ï Hidden Creek Partners, L.L.C.
  Delaware   General partner of Thayer ï  Hidden Creek Management, L.P. and managing member of TC Equity Partners IV, L.L.C.   1455 Pennsylvania Avenue,
N.W., Suite 350
Washington, D.C. 20004
 
           
TC Equity Partners IV, L.L.C.
  Delaware   General partner of Thayer Equity Investors IV, L.P.   1455 Pennsylvania Avenue,
N.W., Suite 350
Washington, D.C. 20004
 
           
Thayer ï Hidden Creek Management, L.P.
  Delaware   Sole manager of TC Co-Investors IV, L.L.C.   1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004

 


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    Place of       Address of Principal Business
Name   Organization   Principal Business   and Principal Office
TC Co-Investors IV, L.L.C.
  Delaware   Managing member of TC Manufacturing Holdings, L.L.C. and TC KCo, L.L.C.   1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
 
           
Thayer Equity Investors IV, L.P.
  Delaware   Member of Thayer-BLUM Funding III, L.L.C.   1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
 
           
TC Manufacturing Holdings, L.L.C.
  Delaware   Member of Thayer-BLUM Funding III, L.L.C.   1455 Pennsylvania Avenue,
N.W., Suite 350
Washington, D.C. 20004
 
           
TC KCo, L.L.C.
  Delaware   Member of Thayer-BLUM Funding III, L.L.C.   1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
 
           
Blum Strategic Partners, L.P.
  Delaware   Member of Thayer-BLUM Funding III, L.L.C.   909 Montgomery Street
Suite 400
San Francisco, CA 94133
 
           
Blum Strategic GP, L.L.C.
  Delaware   General partner of Blum Strategic Partners, L.P. and of Blum (K*TEC) Co-Investment Partners, L.P.   909 Montgomery Street
Suite 400
San Francisco, CA 94133
 
           
Blum (K*TEC) Co-Investment Partners, L.P.
  Delaware   Member of Thayer-BLUM Funding III, L.L.C.   909 Montgomery Street
Suite 400
San Francisco, CA 94133
The following information is provided for the directors and executive officers of SUNN Acquisition (the “SUNN Acquisition Directors and Officers”).
                 
Name   Resident or Business Address   Position   Principal Occupation   Citizenship
Scott D. Rued
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  President and Director of SUNN Acquisition   Managing Partner of Thayer ï  Hidden Creek   U.S.
 
               
Douglas P. McCormick
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Director of SUNN Acquisition   Managing Partner of Thayer ï  Hidden Creek   U.S.
 
               
Marc T. Schölvinck
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Vice President, Treasurer, Secretary, and Director of SUNN Acquisition   Partner and Chief Financial Officer of Blum Capital Partners, L.P.   U.S.
The following information is provided for the members of the Thayer-BLUM Board of Managers (the “Thayer-BLUM Managers”):
                 
Name   Resident or Business Address   Position   Principal Occupation   Citizenship
Scott D. Rued
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Member of the Board of Managers of Thayer-BLUM   Managing Partner of Thayer ï  Hidden Creek   U.S.
 
               
Douglas P. McCormick
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Member of the Board of Managers of Thayer-BLUM   Managing Partner of Thayer ï  Hidden Creek   U.S.

 


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Name   Resident or Business Address   Position   Principal Occupation   Citizenship
Ivor J. Evans
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Member of the Board of Managers of Thayer-BLUM   Operating Partner of Thayer ï  Hidden Creek and Chairman of Suntron   U.S.
 
               
Marc T. Schölvinck
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Member of the Board of Managers of Thayer-BLUM   Partner and Chief Financial Officer of Blum Capital Partners, L.P.   U.S.
The following information is provided for the members of the Investment Committee of Thayer ï Hidden Creek Partners, L.L.C. (the “Investment Committee Members”):
                 
Name   Resident or Business Address   Position   Principal Occupation   Citizenship
Frederic V. Malek
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Senior Advisor of Thayer ï  Hidden Creek Partners, L.L.C.   Senior Advisor of Thayer ï  Hidden Creek and Chairman of Thayer Capital   U.S.
 
               
Daniel M. Dickinson
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Managing Partner of Thayer ï  Hidden Creek Partner, L.L.C.   Managing Partner of Thayer ï  Hidden Creek   U.S.
 
               
Scott D. Rued
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Managing Partner of Thayer ï  Hidden Creek Partners, L.L.C.   Managing Partner of Thayer ï  Hidden Creek   U.S.
 
               
Douglas P. McCormick
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Managing Partner of Thayer ï  Hidden Creek Partners, L.L.C.   Managing Partner of Thayer ï  Hidden Creek   U.S.
 
               
James J. Forese
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Chief Operating Officer and Operating Partner of Thayer ï  Hidden Creek Partners, L.L.C.   Chief Operating Officer and Operating Partner of Thayer ï  Hidden Creek   U.S.
 
               
Richard A. Snell
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Operating Partner of Thayer ï  Hidden Creek Partners, L.L.C.   Operating Partner of Thayer ï  Hidden Creek and Chairman and Chief Executive Officer of Qualitor, Inc.   U.S.
 
               
Ivor J. Evans
  1455 Pennsylvania Avenue, N.W.,
Suite 350
Washington, D.C. 20004
  Operating Partner of Thayer ï  Hidden Creek Partners, L.L.C.   Operating Partner of Thayer ï  Hidden Creek and Chairman of Suntron   U.S.
The following information is provided for the members of Blum Strategic GP, L.L.C. (the “Blum Members,” and together with the Thayer-BLUM Managers and the Investment Committee Members, the “Members”).
                 
Name   Resident or Business Address   Position   Principal Occupation   Citizenship
Richard C. Blum
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Managing Member of Blum Strategic GP, L.L.C.   President and Chairman of Blum Capital Partners, L.P.   U.S.
 
               
Nils Colin Lind
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Managing Member of Blum Strategic GP, L.L.C.   Managing Partner of Blum Capital Partners, L.P.   U.S. and Norway
 
               
John H. Park
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Member of Blum Strategic GP, L.L.C.   Partner of Blum Capital Partners, L.P.   U.S.

 


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Name   Resident or Business Address   Position   Principal Occupation   Citizenship
Gregory L. Jackson
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Member of Blum Strategic GP, L.L.C.   Partner of Blum Capital Partners, L.P.   U.S.
 
               
Jane J. Su
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Member of Blum Strategic GP, L.L.C.   Partner of Blum Capital Partners, L.P.   U.S.
 
               
David H.S. Chung
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Member of Blum Strategic GP, L.L.C.   Partner of Blum Capital Partners, L.P.   U.S.
 
               
Nadine Terman
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Member of Blum Strategic GP, L.L.C.   Partner of Blum Capital Partners, L.P.   U.S.
 
               
Gregory D. Hitchan
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Member of Blum Strategic GP, L.L.C.   Partner, Chief Operating Officer, General Counsel, and Secretary of Blum Capital Partners, L.P.   U.S.
 
               
Marc T. Schölvinck
  909 Montgomery Street
Suite 400
San Francisco, CA 94133
  Member of Blum Strategic GP, L.L.C.   Partner and Chief Financial Officer of Blum Capital Partners, L.P.   U.S.
ADDITIONAL INFORMATION REGARDING THE REPORTING PERSONS, THE SUNN ACQUISITION DIRECTORS AND OFFICERS, AND THE MEMBERS
On August 12, 2004, Mr. Malek and Thayer Capital Partners (of which he is the chairman) consented to the entry of an order by the U.S. Securities and Exchange Commission making findings and imposing remedial sanctions and cease-and-desist orders for disclosure violations under the securities laws. The order did not bar Mr. Malek or Thayer Capital Partners from the securities or investment advisers industries, and Mr. Malek and Thayer Capital Partners (currently known as Thayer | Hidden Creek) did not admit or deny the findings. To the knowledge of the Reporting Persons, during the last five years, no other Reporting Person, SUNN Acquisition Director and Officer, or Member (1) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (2) was 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 3. Source and Amount of Funds or Other Consideration
Item 3 of the Schedule 13D is hereby amended and restated in its entirety to read as follows:
SUNN Acquisition, Thayer-BLUM, Circuit Test Intl. Grit L.P., Allen S. Braswell, Jr. L.P., Braswell Gifting Trust, Allee L. Braswell and Allen S. Braswell, Jr. as Joint Tenants, Allen S. Braswell III and Allen S. Braswell, Jr. as Joint Tenants, Allen S. Braswell, Jr. as Custodian of Alexandra Braswell UTMA Co., Richard L Monfort TR UA DTD 10-17-86 Walker Lee Monfort TR I, Richard L Monfort TR UA DTD 04-20-86 Lyndsey Meeker TR I, Richard L Monfort TR UA DTD 09-15-91 Sterling Richard Monfort TR I, Monfort Family Limited Partnership, and Rick Montera entered into a Contribution Agreement dated October 3, 2007, which is attached as Exhibit 99.2 hereto (the “Contribution Agreement”). These persons are referred to as the “SUNN Acquisition Stockholders.” In exchange for their Shares, each SUNN Acquisition Stockholder received an interest in SUNN Acquisition. The number and percentage of Shares contributed by each SUNN Acquisition Stockholder (compared to the total amount of Shares outstanding) are as follows:

 


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Name of Contributing           Percentage of Total Shares     Percentage of Total  
Stockholder   Shares Contributed     Contributed     Shares Outstanding  
Thayer-BLUM Funding III, L.L.C.
    24,582,191       98.75 %     89.01 %
 
                       
Circuit Test Intl Grit LP
    133,522       0.54 %     0.48 %
 
                       
Allen S Braswell Jr LP
    37,561       0.15 %     0.14 %
 
                       
Braswell Gifting Trust
    24,455       0.10 %     0.09 %
 
                       
Allee L Braswell & Allen S Braswell Jr Jt Ten
    2       0.00 %     0.00 %
 
                       
Allen S Braswell III & Allen S Braswell Jr Jt Ten
    2       0.00 %     0.00 %
 
                       
Allen S Braswell Jr Cust
Alexandra Braswell UTMA Co.
    2       0.00 %     0.00 %
 
                       
Richard L Monfort TR UA DTD
10-17-86 Walker Lee Monfort TR I
    4,898       0.02 %     0.02 %
 
                       
Richard L Monfort TR UA DTD
04-20-86 Lyndsey Meeker TR I
    4,633       0.02 %     0.02 %
 
                       
Richard L Monfort TR UA DTD
09-15-91 Sterling Richard Monfort TR I
    1,985       0.01 %     0.01 %
 
                       
Monfort Family Limited Partnership
    67,875       0.27 %     0.25 %
 
                       
Rick Montera
    35,625       0.14 %     0.13 %
 
                 
 
                       
TOTAL
    24,892,751       100.00 %     90.1 %
 
                 
The only form of consideration utilized in this transaction was an exchange of the Shares owned by the SUNN Acquisition Stockholders for shares of SUNN Acquisition.
Item 4. Purpose of Transaction
Item 4 of the Schedule 13D is hereby amended and restated in its entirety to read as follows:
The SUNN Acquisition Stockholders intend to cause SUNN Acquisition to effect a “short-form” merger with and into Suntron under Delaware General Corporation Law Section 253, and then cause Suntron to file a Form 15 (Certification of Termination of Registration of a Class of Security) with the Securities and Exchange Commission.
The short-form merger will enable the SUNN Acquisition Stockholders to acquire all of the Shares they will not already own, and will provide a source of liquidity to holders of those Shares. As a result of the short-form merger, each Share not owned by SUNN Acquisition will be converted into the right to receive $1.15 in cash, without interest.
For more information regarding the purpose of this transaction, see the Schedule 13E-3 of SUNN Acquisition and Thayer-BLUM, filed concurrently with this Amendment No. 1.
Item 5. Interest in Securities of the Issuer
Item 5 of the Schedule 13D is hereby amended and restated in its entirety to read as follows:
(a) The Reporting Persons listed in Item 2 above may be deemed to be members in a group, in which case each Reporting Person would be deemed to have beneficial ownership of 24,892,751 Shares which accounts for approximately 90.1% of the outstanding Shares. To the knowledge of the Reporting Persons, none of the SUNN Acquisition Directors and Officers or Members have beneficial ownership of any of the Shares.

 


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(b) The Reporting Persons have the sole or shared power to vote, direct the vote, dispose, or direct the disposition of the Shares in the following manner:
                                 
            Number of Shares as to which there is
                    Sole power to   Shares power to
            Shared power to   dispose or to   dispose or to
    Sole power to vote   vote or to direct   direct the   direct the
    or direct the vote   the vote   disposition   disposition
SUNN Acquisition Corporation
    24,892,751       0       24,892,751       0  
Thayer-BLUM Funding III, L.L.C.
    0       24,892,751       0       24,892,751  
Thayer ï Hidden Creek Partners, L.L.C.
    0       24,892,751       0       24,892,751  
TC Equity Partners IV, L.L.C.
    0       24,892,751       0       24,892,751  
Thayer ï Hidden Creek Management, L.P.
    0       24,892,751       0       24,892,751  
TC Co-Investors IV, LLC
    0       24,892,751       0       24,892,751  
Thayer Equity Investors IV, L.P.
    0       24,892,751       0       24,892,751  
TC KCo, L.L.C.
    0       24,892,751       0       24,892,751  
TC Manufacturing Holdings, L.L.C.
    0       24,892,751       0       24,892,751  
Blum Strategic Partners, L.P.
    0       24,892,751       0       24,892,751  
Blum Strategic GP, L.L.C.
    0       24,892,751       0       24,892,751  
Blum (K*TEC) Co-Investment Partners, L.P.
    0       24,892,751       0       24,892,751  
To the knowledge of the Reporting Persons, the SUNN Acquisition Directors and Officers and the Members have no sole or shared power to vote, direct the vote, dispose, or direct the disposition of the Shares.
(c) There have been no transactions of the Shares by any of the Reporting Persons, the SUNN Acquisition Directors and Officers, or the Members in the past 60 days, other than as described herein.
(d) Not Applicable.
(e) Not Applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
Item 6 of the Schedule 13D is hereby amended and restated in its entirety to read as follows:
In connection with the Contribution Agreement, the members of Thayer-BLUM (the “TBF Members”) have entered into a Letter Agreement that governs the relationship of the TBF Members after the completion of the Merger, which is attached as Exhibit 99.3 hereto. The Letter Agreement provides that subsequent to the Merger, the TBF Members will take all necessary action to dissolve Thayer-BLUM and distribute the shares of Suntron (as the surviving corporation to the Merger) held by Thayer-BLUM to the TBF Members in proportion to their ownership of Thayer-BLUM. In addition, the Letter Agreement provides that concurrently with the dissolution of Thayer-BLUM, the TBF Members and the other SUNN Acquisition Stockholders will enter into a Stockholders’ Agreement that will govern the rights of the TBF Members and the other SUNN Acquisition Stockholders, including customary corporate governance provisions, restrictions on the transfer of shares, tag-along and drag-along rights, and registration rights. The Letter Agreement also provides that all fees and expenses incurred in connection with the transactions described therein shall be reimbursed by Suntron following the Merger.
To the knowledge of the Reporting Persons, except to the extent described in this Item 6 or in Items 3 and 4 above, and as set forth in the related Schedule 13E-3, no Reporting Person has any other contracts, arrangements, understandings, or relationships (legal or otherwise) with any persons with respect to Suntron’s securities.

 


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Item 7. Material to be Filed as Exhibits
Exhibit 99.1. Joint Filing Agreement, among each Reporting Person, dated October 3, 2007.
Exhibit 99.2. Contribution Agreement, dated October 3, 2007.
Exhibit 99.3. Letter Agreement, dated October 3, 2007.

 


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SIGNATURES
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.
Dated: October 3, 2007
                 
    SUNN ACQUISITION CORPORATION
 
               
    By:   /s/ Scott D. Rued    
             
    Name:   Scott D. Rued    
    Its:   President    
 
               
    THAYER-BLUM FUNDING III, L.L.C.
 
               
    By:   /s/ Scott D. Rued    
             
    Name:   Scott D. Rued    
    Its:   Manager    
 
               
    THAYER ï HIDDEN CREEK PARTNERS, L.L.C.
 
               
    By:   /s/ Lisa M. Withers    
             
    Name:   Lisa M. Withers    
    Its:   Attorney-in-Fact    
 
               
    TC EQUITY PARTNERS IV, L.L.C.
 
               
    By:   Thayer ï Hidden Creek Partners, L.L.C.    
    Its:   Managing Member    
 
               
 
      By:   /s/ Lisa M. Withers    
 
               
 
      Name:   Lisa M. Withers    
 
      Its:   Attorney-in-Fact    
 
               
    THAYER ï HIDDEN CREEK MANAGEMENT, L.P.
 
               
    By:   Thayer ï Hidden Creek Partners, L.L.C.    
    Its:   General Partner    
 
               
 
      By:   /s/ Lisa M. Withers    
 
               
 
      Name:   Lisa M. Withers    
 
      Its:   Attorney-in-Fact    
SIGNATURE PAGE TO SCHEDULE 13D

 


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    TC CO-INVESTORS IV, L.L.C.
 
               
    By:   Thayer ï Hidden Creek Management, L.P.    
    Its:   Sole Manager    
 
               
    By:   Thayer ï Hidden Creek Partners, L.L.C.    
    Its:   General Partner    
 
               
 
      By:   /s/ Lisa M. Withers
 
   
 
      Name:   Lisa M. Withers    
 
      Its:   Attorney-in-Fact    
 
               
    THAYER EQUITY INVESTORS IV, L.P.
 
               
    By:   TC Equity Partners IV, L.L.C.    
    Its:   General Partner    
 
               
    By:   Thayer ï Hidden Creek Partners, L.L.C.    
    Its:   Managing Member    
 
               
 
      By:   /s/ Lisa M. Withers    
 
               
 
      Name:   Lisa M. Withers    
 
      Its:   Attorney-in-Fact    
 
               
    TC MANUFACTURING HOLDINGS, L.L.C.
 
               
    By:   TC Co-Investors IV, L.L.C.    
    Its:   Managing Member    
 
               
    By:   Thayer ï Hidden Creek Management, L.P.    
    Its:   Sole Manager    
 
               
    By:   Thayer ï Hidden Creek Partners, L.L.C.    
    Its:   General Partner    
 
               
 
      By:   /s/ Lisa M. Withers    
 
               
 
      Name:   Lisa M. Withers    
 
      Its:   Attorney-in-Fact    
SIGNATURE PAGE TO SCHEDULE 13D

 


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    TC KCO, L.L.C.    
 
               
    By:   TC Co-Investors IV, L.L.C.    
    Its:   Managing Member    
 
               
    By:   Thayer ï Hidden Creek Management, L.P.    
    Its:   Sole Manager    
 
               
    By:   Thayer ï Hidden Creek Partners, L.L.C.    
    Its:   General Partner    
 
               
 
      By:
Name:
  /s/ Lisa M. Withers
 
Lisa M. Withers
   
 
      Its:   Attorney-in-Fact    
 
               
    BLUM (K*TEC) CO-INVESTMENT PARTNERS, L.P.    
 
               
    By:   Blum Strategic GP, L.L.C.    
    Its:   General Partner    
 
               
 
      By:   /s/ Gregory D. Hitchan    
 
               
 
      Name:   Gregory D. Hitchan    
 
      Its:   Member    
 
               
    BLUM STRATEGIC PARTNERS, L.P.    
 
               
    By:   Blum Strategic GP, L.L.C.    
    Its:   General Partner    
 
               
 
      By:   /s/ Gregory D. Hitchan    
 
               
 
      Name:   Gregory D. Hitchan    
 
      Its:   Member    
 
               
    BLUM STRATEGIC GP, L.L.C.    
 
               
    By:   /s/ Gregory D. Hitchan    
             
    Name:   Gregory D. Hitchan    
    Its:   Member    
SIGNATURE PAGE TO SCHEDULE 13D