UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 8)*
TechTeam Global, Inc.
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(Name of Issuer)
Common Stock, $0.01 par value
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(Title of Class of Securities)
878311 10 9
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(CUSIP Number)
COPY TO:
Seth W. Hamot Jeffrey R. Katz, Esq.
Roark, Rearden & Hamot, LLC Ropes & Gray LLP
420 Boylston Street One International Place
Boston, MA 02116 Boston, MA 02110
(617) 595-4400 (617) 951-7000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 6, 2009
-------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box: [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 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).
SCHEDULE 13D
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CUSIP No. 878311 10 9 Page 2 of 7 Pages
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1. NAME OF REPORTING PERSON: Seth W. Hamot
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(a) [ ]
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
A United States Citizen
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7. SOLE VOTING POWER
NUMBER OF 1,319,274
SHARES --------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH --------------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 1,319,274
WITH --------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,319,274
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.1%(1)
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14. TYPE OF REPORTING PERSON*
IN, HC
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(1) The percentage ownership is based upon 10,884,023 issued and outstanding
shares as reported by the Issuer in its filing on Form 10-Q for the quarter
ended September 30, 2008.
SCHEDULE 13D
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CUSIP No. 878311 10 9 Page 3 of 7 Pages
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1. NAME OF REPORTING PERSON: Costa Brava Partnership III L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-3387028
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(a) [ ]
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
A Delaware Limited Partnership
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7. SOLE VOTING POWER
NUMBER OF 1,319,274
SHARES --------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH --------------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 1,319,274
WITH --------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,319,274
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.1%(1)
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14. TYPE OF REPORTING PERSON*
PN
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(1) The percentage ownership is based upon 10,884,023 issued and outstanding
shares as reported by the Issuer in its filing on Form 10-Q for the quarter
ended September 30, 2008.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
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CUSIP No. 878311 10 9 Page 4 of 7 Pages
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1. NAME OF REPORTING PERSON: Roark, Rearden & Hamot, LLC
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 10-0000708
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(a) [ ]
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
A Delaware Limited Liability Company
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7. SOLE VOTING POWER
NUMBER OF 1,319,274
SHARES ---------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH ---------------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 1,319,274
WITH ---------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,319,274
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.1%(1)
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14. TYPE OF REPORTING PERSON*
OO - Other
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(1) The percentage ownership is based upon 10,884,023 issued and outstanding
shares as reported by the Issuer in its filing on Form 10-Q for the quarter
ended September 30, 2008.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
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CUSIP No. 878311 10 9 Page 5 of 7 Pages
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1. NAME OF REPORTING PERSON: Andrew R. Siegel
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(a) [ ]
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
WC, PF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
A United States Citizen
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7. SOLE VOTING POWER
NUMBER OF 1,360,391(1)
SHARES ---------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH ---------------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 1,360,391(2)
WITH ---------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,360,391(1)
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.5%(2)
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14. TYPE OF REPORTING PERSON*
IN, HC
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(1) Mr. Siegel has the sole power to vote and sole power to dispose of 41,117
shares of Common Stock and may be deemed to beneficially own 1,319,274 shares of
Common Stock held by Costa Brava Partnership III LP, Roark, Rearden & Hamot, LLC
and Mr. Hamot.
(2) The percentage ownership is based upon 10,884,023 issued and outstanding
shares as reported by the Issuer in its filing on Form 10-Q for the quarter
ended September 30, 2008.
*SEE INSTRUCTIONS BEFORE FILLING OUT
AMENDMENT NO. 8 TO SCHEDULE 13D
-------------------------------
TechTeam Global, Inc.
This amendment ("Amendment No. 8") amends the Schedule 13D previously
filed on December 16, 2005, as amended by Amendment No. 1 filed on December 20,
2005, Amendment No. 2 filed January 9, 2006, Amendment No. 3 filed February 24,
2006, Amendment No. 4 filed on March 9, 2006, Amendment No. 5 filed May 11,
2006, Amendment No. 6 filed August 15, 2006, and Amendment No. 7 filed January
12, 2009 by Costa Brava Partnership III L.P. ("Costa Brava"), Roark, Rearden &
Hamot, LLC, Seth W. Hamot, and Andrew R. Siegel with the Securities and Exchange
Commission with respect to the shares of common stock, $0.01 par value (the
"Common Stock"), of TechTeam Global, Inc., a Delaware corporation (the
"Issuer").
Item 4. Purpose of Transaction.
----------------------
This Item 4 is hereby amended by adding the following:
On February 6, 2009, Costa Brava sent to the Secretary of the Issuer a letter
requesting that the Governance and Nominating Committee of the Issuer consider
the following persons as nominees for directors of the Board at the next annual
meeting of the shareholders: Charles Frumberg, Seth W. Hamot, James A. Lynch,
Dov H. Scherzer and Andrew R. Siegel.
On February 11, 2009 and after discussions with Costa Brava, the Issuer
notified Costa Brava that, at a Board meeting on that date, the Issuer's board
expanded the board to ten directors and appointed Messrs. Hamot, Frumberg and
Lynch as directors of the Issuer. Messrs. Hamot, Lynch and Frumberg were also
appointed to serve on the Issuer's Governance and Nominating Committee.
Item 5. Interest in Securities of the Issuer.
------------------------------------
(a) Costa Brava, Roark, Rearden & Hamot, LLC and Mr. Hamot are the beneficial
owners of 1,319,274 shares of Common Stock (approximately 12.1% of the shares of
Common Stock outstanding as reported in the Issuer's filing on Form 10-Q for the
quarter ended September 30, 2008). Mr. Siegel is the beneficial owner of
1,360,391 shares of Common Stock (approximately 12.5% of the shares of Common
Stock outstanding as reported in the Issuer's filing on Form 10-Q for the
quarter ended September 30, 2008).
(b) Costa Brava, Roark, Rearden & Hamot, LLC, and Mr. Hamot have the sole
power to vote and sole power to dispose of 1,319,274 shares of Common Stock. Mr.
Siegel has the sole power to vote and sole power to dispose of 41,117 shares of
Common Stock and may be deemed to beneficially own 1,319,274 shares of Common
Stock held by Costa Brava, Roark, Rearden & Hamot, LLC and Mr. Hamot.
(c) During the last sixty days, Costa Brava, Roark, Rearden & Hamot, LLC, Mr.
Hamot and Mr. Siegel have not purchased or sold any shares of Common Stock of
the Issuer.
Item 7. Material to be Filed as Exhibits.
--------------------------------
Exhibit A - Agreement Regarding the Joint Filing of Schedule 13D.
Page 6 of 7 Pages
Signature
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After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
DATED: February 11, 2009
COSTA BRAVA PARTNERSHIP III L.P.
By: Roark, Rearden & Hamot, LLC
its General Partner
By: /s/ Seth W. Hamot
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Seth W. Hamot
President
SETH W. HAMOT
By: /s/ Seth W. Hamot
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Seth W. Hamot
ROARK, REARDEN & HAMOT, LLC
By: /s/ Seth W. Hamot
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Seth W. Hamot
President
ANDREW R. SIEGEL
By: /s/ Andrew R. Siegel
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Andrew R. Siegel
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001)
Page 7 of 7 Pages
EXHIBIT INDEX
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Exhibit Description
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A Agreement Regarding the Joint Filing of Schedule 13D.
EXHIBIT A
AGREEMENT REGARDING
THE JOINT FILING OF SCHEDULE 13D
The undersigned hereby agree as follows:
(i) Each of them is individually eligible to use the Schedule 13D to which this
Exhibit is attached, and such Schedule 13D is filed on behalf of each of them;
and
(ii) Each of them is responsible for the timely filing of such Schedule 13D and
any amendments thereto, and for the completeness and accuracy of the information
concerning such person contained therein; but none of them is responsible for
the completeness or accuracy of the information concerning the other persons
making the filing, unless such person knows or has reason to believe that such
information is inaccurate.
Dated: February 11, 2009
COSTA BRAVA PARTNERSHIP III L.P.
By: Roark, Rearden & Hamot, LLC
its General Partner
By: /s/ Seth W. Hamot
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Seth W. Hamot
President
SETH W. HAMOT
By: /s/ Seth W. Hamot
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Seth W. Hamot
ROARK, REARDEN & HAMOT, LLC
By: /s/ Seth W. Hamot
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Seth W. Hamot
President
ANDREW R. SIEGEL
By: /s/ Andrew R. Siegel
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Andrew R. Siegel