Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
InnovAge Holding Corp. (INNV) has reporting persons that each list 101,076,555 shares of common stock as beneficially owned, equal to 74.08%, with the same shares attributed as shared voting and shared dispositive power. TCO Group Holdings, L.P. is the record holder; the identical figures across the reporting persons describe the same share block, not separate holdings to add.
The reported amount gives effect to dispositions by TCO after September 30, 2026, in connection with the underwriters’ exercise of their over-allotment option in the underwritten public offering. The 74.08% figure uses 136,451,425 shares outstanding as of September 21, 2026. The reporting persons disclaim being a group and state that the filing does not admit that any of them is a beneficial owner.
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting powertechnical
"Shared Voting Power 101,076,555"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powertechnical
"Shared Dispositive Power 101,076,555"
over-allotment optionfinancial
"underwriters' exercise of their over-allotment option"
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many INNV shares do the reporting persons report?
The reporting persons each list 101,076,555 shares as beneficially owned, or 74.08% of the class. The repeated entries refer to the same shares held of record by TCO Group Holdings, L.P., rather than separate blocks to be added.
What does InnovAge's ownership amendment reflect?
TCO Group Holdings, L.P.’s reported amount gives effect to dispositions after September 30, 2026, in connection with the underwriters’ exercise of their over-allotment option in InnovAge’s underwritten public offering.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
InnovAge Holding Corp.
(Name of Issuer)
Common stock, par value $0.001
(Title of Class of Securities)
45784A104
(CUSIP Number)
09/30/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
TCO Group Holdings, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of common stock ("Common Stock") outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
Ignite Aggregator LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
Ignite GP, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
Apax X GP Co. Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
GUERNSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
Apax X EUR L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
GUERNSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
Apax X (Guernsey) USD AIV L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
GUERNSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
Apax X USD L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
GUERNSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
Welsh, Carson, Anderson & Stowe XII, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
Welsh, Carson, Anderson & Stowe XII Delaware, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
Welsh, Carson, Anderson & Stowe XII Cayman, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
WCAS XII Co-Investors LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
WCAS Management Corporation
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
WCAS Co-Invest Holdco, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
WCAS XII Associates LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
WCAS XII Associates Cayman, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
CUSIP Number(s):
45784A104
1
Names of Reporting Persons
WCAS Co-Invest Associates LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
101,076,555.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
101,076,555.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
101,076,555.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
74.08 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The reported percentage is calculated based on 136,451,425 shares of Common Stock outstanding as of September 21, 2026 as reported on the Issuer's prospectus on Form 424B4 filed with the SEC on September 24, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
InnovAge Holding Corp.
(b)
Address of issuer's principal executive offices:
8950 E. Lowry Boulevard, Denver, CO 80230
Item 2.
(a)
Name of person filing:
This Statement is filed by the entities listed below, all of whom together are referred to herein as the "Reporting Persons." Reporting Persons (ii) through (vii) are collectively referred to herein as the "Apax Entities" and (viii) through (xvii) are collectively referred to herein as the "WCAS Entities."
(i) TCO Group Holdings, L.P. ("TCO")
(ii) Ignite Aggregator LP ("Apax Investor")
(iii) Ignite GP, Inc. ("Ignite GP")
(iv) Apax X GP Co. Limited ("Apax X GP")
(v) Apax X EUR L.P. ("Apax X EUR")
(vi) Apax X (Guernsey) USD AIV L.P. ("Apax Guernsey")
(vii) Apax X USD L.P. ("Apax X USD")
(viii) Welsh, Carson, Anderson & Stowe XII, L.P. ("WCAS XII")
(ix) Welsh, Carson, Anderson & Stowe XII Delaware, L.P. ("WCAS XII-D")
(x) Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. ("WCAS XII-DII")
(xi) Welsh, Carson, Anderson & Stowe XII Cayman, L.P. ("WCAS XII-C")
(xii) WCAS XII Co-Investors LLC ("WCAS XII-Co")
(xiii) WCAS Management Corporation ("WCAS Corp")
(xiv) WCAS Co-Invest Holdco, L.P. ("WCAS Co-H")
(xv) WCAS XII Associates LLC ("WCAS XII Associates")
(xvi) WCAS XII Associates Cayman, L.P. ("WCAS XII A-C")
(xvii) WCAS Co-Invest Associates LLC ("WCAS Co-A")
The Reporting Persons have entered into a Joint Filing Agreement, dated February 10, 2022, a copy of which is attached as Exhibit A to this Schedule 13G, pursuant to which the Reporting Persons agreed to file this Schedule 13G and any amendments thereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act.
(b)
Address or principal business office or, if none, residence:
The principal business address of TCO is 8950 E. Lowry Boulevard, Denver, CO 80230.
The principal business address of each of the Apax entities is c/o Apax Partners US, LLC, 601 Lexington Avenue, 58th Floor, New York, NY 10022.
The principal business address of each of the WCAS entities is c/o Welsh, Carson, Anderson and Stowe, 599 Lexington Avenue, Suite 1800, New York, NY 10022.
(c)
Citizenship:
See response to row 4 on each cover page hereto.
(d)
Title of class of securities:
Common stock, par value $0.001
(e)
CUSIP No.:
45784A104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See response to row 9 on each cover page hereto. Such amount reflects the Reporting Persons' beneficial ownership as of the date of this Statement, which gives effect to dispositions by TCO that occurred after September 30, 2026 in connection with the underwriters' exercise of their over-allotment option relating to the underwritten public offering pursuant to the Issuer's Registration Statement on Form S-3 (File No. 333-297888).
(b)
Percent of class:
See response to row 11 on each cover page hereto.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See response to row 5 on each cover page hereto.
(ii) Shared power to vote or to direct the vote:
See response to row 6 on each cover page hereto.
(iii) Sole power to dispose or to direct the disposition of:
See response to row 7 on each cover page hereto.
(iv) Shared power to dispose or to direct the disposition of:
See response to row 8 on each cover page hereto.
TCO is the record holder of the shares of Common Stock of the Issuer reported herein. TCO is the investment vehicle of the Apax Entities and the WCAS Entities and other existing holders, including certain directors and members of management. Voting and dispositive power with respect to the Common Stock held by TCO is exercised by a committee of limited partners (the "LP Board"), pursuant to a delegation of authority from its limited partners. The LP Board is to be comprised of up to fourteen persons with four persons currently serving on the LP Board, including Thomas Scully and Sean Traynor (the "WCAS Designees") and Andrew Cavanna and Pavithra Mahesh (the "Apax Designees"). The LP Board exercises its voting and dispositive power by majority vote, so long as one WCAS Designee and one Apax Designee comprise the majority.
The limited partners of TCO may control the voting and dispositive power with respect to the Common Stock if each of the Apax Investor, WCAS XII, WCAS XII-D, WCAS XII-DII, WCAS XII-C, WCAS XII-Co, WCAS Corp and WCAS Co-H consent to a change to the delegation of authority described above.
Ignite GP serves as the general partner of the Apax Investor. The Apax Investor's partnership interests are held by Apax X GP on behalf of Apax X EUR, Apax X Guernsey and Apax X USD (collectively, the "Apax X Fund"). Apax X GP acts as the investment manager and is responsible for the decision-making on behalf of the Apax X Fund. The directors of Apax X GP are Simon Cresswell, Andrew Guille, Martin Halusa, Paul Meader and David Staples.
The general partner of each of WCAS XII and WCAS XII-DII is WCAS XII Associates. The general partner of each of WCAS XII-D and WCAS XII-C is WCAS XII A-C. The general partner of WCAS XII A-C is WCAS XII Associates. The managing members of WCAS XII Associates are Thomas A. Scully, Sean Traynor, Anthony deNicola, D. Scott Mackesy, Brian Regan, Michael Donovan, Christopher Hooper, Christopher Solomon, Edward Sobol, Gregory Lau, Frances Higgins, Nicholas O'Leary, Caroline Dechert, Ting Gu, Sydney Ouyang and Ryan Harper (collectively, the "WCAS GP"). The general partner of WCAS Co-H is WCAS Co-A. The managing members of each of WCAS XII-Co and WCAS Co-A is the WCAS GP. D. Scott Mackesy, Brian Regan and Michael Donovan comprise the board of directors of WCAS Corp.
The Reporting Persons expressly disclaim status as a "group" for purposes of this Schedule 13G and Section 13 of the Act.
Pursuant to Rule 13d-4 of the of the Act, neither the filing of this Statement nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons (or members of their respective governing bodies), that it is the beneficial owner of any of the shares of Common Stock or other securities of the Issuer for the purposes of Section 13(d) of the Act, or for any other purpose.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 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 or Control Person.
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.
Certifications:
Not Applicable
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.
TCO Group Holdings, L.P.
Signature:
/s/ Thomas Scully
Name/Title:
Thomas Scully, President
Date:
11/05/2026
Signature:
/s/ Andrew Cavanna
Name/Title:
Andrew Cavanna, President
Date:
11/05/2026
Ignite Aggregator LP
Signature:
/s/ Andrew Cavanna
Name/Title:
Andrew Cavanna, President of Ignite GP, Inc., its general partner
Date:
11/05/2026
Ignite GP, Inc.
Signature:
/s/ Andrew Cavanna
Name/Title:
Andrew Cavanna, Authorized Signatory
Date:
11/05/2026
Apax X GP Co. Limited
Signature:
/s/ Andrew Guille
Name/Title:
Andrew Guille, Authorized Signatory
Date:
11/05/2026
Apax X EUR L.P.
Signature:
/s/ Andrew Guille
Name/Title:
Andrew Guille, Authorized Signatory
Date:
11/05/2026
Apax X (Guernsey) USD AIV L.P.
Signature:
/s/ Andrew Guille
Name/Title:
Andrew Guille, Authorized Signatory
Date:
11/05/2026
Apax X USD L.P.
Signature:
/s/ Andrew Guille
Name/Title:
Andrew Guille, Authorized Signatory
Date:
11/05/2026
Welsh, Carson, Anderson & Stowe XII, L.P.
Signature:
/s/ Thomas Scully
Name/Title:
Thomas Scully, Authorized Signatory
Date:
11/05/2026
Welsh, Carson, Anderson & Stowe XII Delaware, L.P.
Signature:
/s/ Thomas Scully
Name/Title:
Thomas Scully, Authorized Signatory
Date:
11/05/2026
Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.
Signature:
/s/ Thomas Scully
Name/Title:
Thomas Scully, Authorized Signatory
Date:
11/05/2026
Welsh, Carson, Anderson & Stowe XII Cayman, L.P.
Signature:
/s/ Thomas Scully
Name/Title:
Thomas Scully, Authorized Signatory
Date:
11/05/2026
WCAS XII Co-Investors LLC
Signature:
/s/ Jennifer Martin
Name/Title:
Jennifer Martin, Authorized Signatory
Date:
11/05/2026
WCAS Management Corporation
Signature:
/s/ Jennifer Martin
Name/Title:
Jennifer Martin, Authorized Signatory
Date:
11/05/2026
WCAS Co-Invest Holdco, L.P.
Signature:
/s/ Jennifer Martin
Name/Title:
Jennifer Martin, Authorized Signatory
Date:
11/05/2026
WCAS XII Associates LLC
Signature:
/s/ Thomas Scully
Name/Title:
Thomas Scully, Authorized Signatory
Date:
11/05/2026
WCAS XII Associates Cayman, L.P.
Signature:
/s/ Thomas Scully
Name/Title:
Thomas Scully, Authorized Signatory
Date:
11/05/2026
WCAS Co-Invest Associates LLC
Signature:
/s/ Thomas Scully
Name/Title:
Jennifer Martin, Authorized Signatory
Date:
11/05/2026
Exhibit Information
EXHIBIT LIST
Exhibit A Joint Filing Agreement, dated as of February 10, 2022 by and among the Reporting Persons (incorporated herein by reference to the statement on Schedule 13G filed by the Reporting Persons on February 11, 2022).
