Sec Form 13G Filing - ADVENT INTERNATIONAL L.P. @ Sovos Brands Inc.

Sec Form 13G Filing - ADVENT INTERNATIONAL L.P. filing for Sovos Brands Inc. (SOVO) - 2023-02-14

Insider filing report for Changes in Beneficial Ownership

Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

Sovos Brands, Inc.

(Name of Issuer)

COMMON STOCK, $0.001 PAR VALUE PER SHARE

(Title of Class of Securities)

84612U107

(CUSIP Number)

December 31, 2022

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☑ Rule 13d-1(d)

*	The remainder of this cover page shall be filled out for a reporting 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).


CUSIP No. 84612U107		SCHEDULE 13G		Page 2 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 3 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 4 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 5 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 6 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 7 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 8 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 9 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 10 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 11 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 12 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 13 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 14 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 15 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 16 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 17 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 18 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 19 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 20 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 21 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 22 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 23 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 24 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 25 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 26 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 27 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 28 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 29 of 37 Pages

(1)	The percent of class was calculated based on 100,961,986 shares of Common Stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2022.


CUSIP No. 84612U107		SCHEDULE 13G		Page 30 of 37 Pages


Item 1.		Issuer

	(a)	Name of Issuer:

		Sovos Brands, Inc. (the “Issuer”)

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

		168 Centennial Parkway, Suite 200 Louisville, CO 80027

Item 2.		Filing Person

	(a) – (c)	Name of Persons Filing; Address; Citizenship:

(i) Advent International Corporation, a Delaware corporation;

(ii) Noosa GP, Inc., a Delaware corporation;

(iii) Noosa Holdco, L.P., a Delaware limited partnership;

(iv) Advent International GPE VIII, LLC, a Delaware limited liability company;

(v) GPE VIII GP S.à.r.l., a Luxembourg Société à responsabilité limitée;

(vi) Advent International GPE VIII Limited Partnership, a Delaware limited partnership;

(vii) Advent International GPE VIII-B-1 Limited Partnership, a Delaware limited partnership;

(viii) Advent International GPE VIII-B-2 Limited Partnership, a Delaware limited partnership;

(ix) Advent International GPE VIII-B-3 Limited Partnership, a Delaware limited part nership;

(x) Advent International GPE VIII-B Limited Partnership, a Delaware limited partnership;

(xi) Advent International GPE VIII-C Limited Partnership, a Delaware limited partnership;

(xii) Advent International GPE VIII-D Limited Partnership, a Delaware limited partnership;

(xiii) Advent International GPE VIII-F Limited Partnership, a Delaware limited partnership;

(xiv) Advent International GPE VIII-H Limited Partnership, a Delaware limited partnership;

(xv) Advent International GPE VIII-I Limited Partnership, a Delaware limited partnership;

(xvi) Advent International GPE VIII-J Limited Partnership, a Delaware limited partnership (the funds set forth in the foregoing clauses (vi)-(xvi), the “Advent VIII Luxembourg Funds”);

(xvii) GPE VIII GP Limited Partnership, a Cayman Islands limited partnership;

(xviii) Advent International GPE VIII-A Limited Partnership, a Cayman Islands limited partnership;

(xix) Advent International GPE VIII-E Limited Partnership, a Cayman Islands limited partnership;

(xx) Advent International GPE VIII-G Limited Partnership, a Cayman Islands limited partnership;

(xxi) Advent International GPE VIII-K Limited Partnership, a Cayman Islands limited partnership;

(xxii) Advent International GPE VIII-L Limited Partnership, a Cayman Islands limited partnership (the funds set forth in the foregoing clauses (xviii)-(xxii), the “Advent VIII Cayman Funds”);

(xxiii) AP GPE VIII GP Limited Partnership, a Delaware limited partnership;

(xxiv) Advent Partners GPE VIII Limited Partnership, a Delaware limited partnership;

(xxv) Advent Partners GPE VIII Cayman Limited Partnership, a Cayman Islands limited partnership;

(xxvi) Advent Partners GPE VIII-A Limited Partnership, a Delaware limited partnership;

(xxvii) Advent Partners GPE VIII-A Cayman Limited Partnership, a Cayman Islands limited partnership;

(xxviii) Advent Partners GPE VIII-B Cayman Limited Partnership, a Cayman Islands limited partnership (the funds set forth in the foregoing clauses (xxiv)-(xxviii), the “Advent VIII Partners Funds” and together with the Advent VIII Luxembourg Funds and the Advent VIII Cayman Funds, the “Advent VIII Funds”).

Noosa LP is beneficially owned by the following funds: (a) Advent International GPE VII Limited Partnership, Advent International GPE VII-B Limited Partnership, Advent International GPE VII-C Limited Partnership, Advent International GPE VII-D Limited Partnership, Advent International GPE VII-F Limited Partnership, and Advent International GPE VII-G Limited Partnership (the funds set forth in the foregoing clause (a), the “Advent VII Luxembourg Funds”); (b) Advent International GPE VII-A Limited Partnership, Advent International GPE VII-E Limited Partnership and Advent International GPE VII-H Limited Partnership (the funds set forth in the foregoing clause (b), the “Advent VII Cayman Funds”); and (c) Advent Partners GPE VII Limited Partnership, Advent Partners GPE VII Cayman Limited Partnership, Advent Partners GPE VII-A Limited


CUSIP No. 84612U107		SCHEDULE 13G		Page 31 of 37 Pages

Partnership, Advent Partners GPE VII-A Cayman Limited Partnership, Advent Partners GPE VII-B Cayman Limited Partnership, Advent Partners GPE VII 2014 Limited Partnership, Advent Partners GPE VII-A 2014 Limited Partnership, Advent Partners GPE VII 2014 Cayman Limited Partnership and Advent Partners GPE VII-A 2014 Cayman Limited Partnership (the funds set forth in the foregoing clause (c), the “Advent VII Partners Funds” and, together with the Advent VII Luxembourg Funds and the Advent VII Cayman Funds, the “Advent VII Funds”). The Advent VII Funds have ownership interests in Noosa LP and its general partner, Noosa GP, Inc., but none of the Advent VII Funds has voting or dispositive power over any shares.

GPE VIII GP S.à.r.l. is the general partner of the Advent VIII Luxembourg Funds. GPE VIII GP Limited Partnership is the general partner of the Advent VIII Cayman Funds. AP GPE VIII GP Limited Partnership is the general partner of the Advent VIII Partners Funds. Advent International GPE VIII, LLC is the manager of GPE VIII GP S.à.r.l. and the general partner of each of GPE VIII GP Limited Partnership and AP GPE VIII GP Limited Partnership. GPE VII GP S.à.r.l. is the general partner of the Advent VII Luxembourg Funds. GPE VII GP Limited Partnership is the general partner of the Advent VII Cayman Funds. Advent International GPE VII, LLC is the manager of GPE VII GP S.à.r.l. and is the general partner of GPE VII GP Limited Partnership and each of the Advent VII Partners Funds.

Advent is the manager of Advent International GPE VIII, LLC and may be deemed to have voting and dispositive power over the shares held by the Advent VIII Luxembourg Funds, the Advent VIII Cayman Funds and the Advent VIII Partners Funds, and is the manager of Advent International GPE VII, LLC and may be deemed to have voting and dispositive power over the shares held by the Advent VII Luxembourg Funds, the Advent VII Cayman Funds, the Advent VII Partners Funds and Noosa LP.

The address of the principal business and the principal office of the Reporting Persons is Prudential Tower, 800 Boylston Street, Boston, Massachusetts 02199-8069.

(d)

Title of Class of Securities:

Common Stock, $0.001 par value per share ( “Common Stock”)

(e)

CUSIP Number:

84612U107

Item 3.

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

Not applicable.


CUSIP No. 84612U107		SCHEDULE 13G		Page 32 of 37 Pages

Item 4.

Ownership.

(a) — (c)

Provide the following information regarding the aggregate number and percentage of the class of securities of
the issuer identified in Item 1.


	Number of Shares Beneficially Owned		Sole Voting Power		Shared Voting Power		Sole Dispositive Power		Shared Dispositive Power		Percentage of Common Stock Outstanding
Advent International Corporation		53,762,154		53,762,154		—		53,762,154		—		53.2	%
Noosa GP, Inc.		18,235,177		18,235,177		—		18,235,177		—		18.1	%
Noosa Holdco, L.P.		18,235,177		18,235,177		—		18,235,177		—		18.1	%
Advent International GPE VIII, LLC		35,526,977		35,526,977		—		35,526,977		—		35.2	%
GPE VIII GP S.à.r.l.		24,752,801		24,752,801		—		24,752,801		—		24.5	%
Advent International GPE VIII Limited Partnership		1,963,707		1,963,707		—		1,963,707		—		1.9	%
Advent International GPE VIII-B-1 Limited Partnership		2,369,305		2,369,305		—		2,369,305		—		2.3	%
Advent International GPE VIII-B-2 Limited Partnership		1,766,548		1,766,548		—		1,766,548		—		1.7	%
Advent International GPE VIII-B-3 Limited Partnership		2,758,471		2,758,471		—		2,758,471		—		2.7	%
Advent International GPE VIII-B Limited Partnership		6,658,444		6,658,444		—		6,658,444		—		6.6	%
Advent International GPE VIII-C Limited Partnership		1,087,476		1,087,476		—		1,087,476		—		1.1	%
Advent International GPE VIII-D Limited Partnership		929,956		929,956		—		929,956		—		0.9	%
Advent International GPE VIII-F Limited Partnership		275,565		275,565		—		275,565		—		0.3	%
Advent International GPE VIII-H Limited Partnership		2,441,639		2,441,639		—		2,441,639		—		2.4	%
Advent International GPE VIII-I Limited Partnership		2,270,460		2,270,460		—		2,270,460		—		2.2	%
Advent International GPE VIII-J Limited Partnership		2,231,230		2,231,230		—		2,231,230		—		2.2	%
GPE VIII GP Limited Partnership		9,291,759		9,291,759		—		9,291,759		—		9.2	%
Advent International GPE VIII-A Limited Partnership		4,606,154		4,606,154		—		4,606,154		—		4.6	%
Advent International GPE VIII-E Limited Partnership		1,035,718		1,035,718		—		1,035,718		—		1.0	%
Advent International GPE VIII-G Limited Partnership		1,756,695		1,756,695		—		1,756,695		—		1.7	%
Advent International GPE VIII-K Limited Partnership		941,822		941,822		—		941,822		—		0.9	%
Advent International GPE VIII-L Limited Partnership		951,370		951,370		—		951,370		—		0.9	%
AP GPE VIII GP Limited Partnership		1,482,417		1,482,417		—		1,482,417		—		1.5	%
Advent Partners GPE VIII Limited Partnership		77,692		77,692		—		77,692		—		0.1	%
Advent Partners GPE VIII Cayman Limited Partnership		452,511		452,511		—		452,511		—		0.4	%
Advent Partners GPE VIII-A Limited Partnership		96,806		96,806		—		96,806		—		0.1	%
Advent Partners GPE VIII-A Cayman Limited Partnership		60,286		60,286		—		60,286		—		0.1	%
Advent Partners GPE VIII-B Cayman Limited Partnership		795,122		795,122		—		795,122		—		0.8	%


CUSIP No. 84612U107		SCHEDULE 13G		Page 33 of 37 Pages

The foregoing excludes an aggregate of 2,155,329 shares of common stock of the Issuer that the Advent Funds may be entitled to receive upon the forfeiture of shares of restricted common stock currently held by certain directors and employees of the Issuer pursuant to a pre-set formula set forth in the Second Amended and Restated Agreement of Limited Partnership of Sovos Brands Limited Partnership, as amended.


Item 5.		Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following. ☐

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 or Control Person. Not applicable.

Item 8.		Identification and Classification of Members of the Group. The Reporting Persons expressly disclaim membership in a “group” as used in Rule 13d-5(b)(1)..

Item 9.		Notice of Dissolution of Group. Not applicable.

Item 10.		Certification. Not applicable.


CUSIP No. 84612U107		SCHEDULE 13G		Page 34 of 37 Pages

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: February 14, 2023	ADVENT INTERNATIONAL CORPORATION

	/s/ Neil Crawford
	Name:	Neil Crawford
	Title:	Vice President of Finance

Date: February 14, 2023	NOOSA HOLDCO, LP
	By: NOOSA GP, INC., GENERAL PARTNER

	/s/ David Roberts
	Name:	David Roberts
	Title:	President & Secretary

Date: February 14, 2023	NOOSA GP, INC.

	/s/ David Roberts
	Name:	David Roberts
	Title:	President & Secretary

Date: February 14, 2023	ADVENT INTERNATIONAL GPE VIII LIMITED PARTNERSHIP
	ADVENT INTERNATIONAL GPE VIII-B-1 LIMITED PARTNERSHIP ADVENT INTERNATIONAL GPE VIII-B-2 LIMITED PARTNERSHIP ADVENT INTERNATIONAL GPE VIII-B-3 LIMITED PARTNERSHIP

	ADVENT INTERNATIONAL GPE VIII-B LIMITED PARTNERSHIP
	ADVENT INTERNATIONAL GPE VIII-C LIMITED PARTNERSHIP
	ADVENT INTERNATIONAL GPE VIII-D LIMITED PARTNERSHIP
	ADVENT INTERNATIONAL GPE VIII-F LIMITED PARTNERSHIP
	ADVENT INTERNATIONAL GPE VIII-H LIMITED PARTNERSHIP


CUSIP No. 84612U107		SCHEDULE 13G		Page 35 of 37 Pages


				ADVENT INTERNATIONAL GPE VIII-I LIMITED PARTNERSHIP ADVENT INTERNATIONAL GPE VIII-J LIMITED PARTNERSHIP

				By: GPE VIII GP S.A.R.L., GENERAL PARTNER
				By: ADVENT INTERNATIONAL GPE VIII, LLC, MANAGER

				/s/ Justin Nuccio
				Name: Justin Nuccio
				Title: Manager

				By: ADVENT INTERNATIONAL CORPORATION, MANAGER

				/s/ Neil Crawford
				Name: Neil Crawford
				Title: Vice President of Finance

Date: February 14, 2023				ADVENT INTERNATIONAL GPE VIII-A LIMITED PARTNERSHIP
				ADVENT INTERNATIONAL GPE VIII-E LIMITED PARTNERSHIP
				ADVENT INTERNATIONAL GPE VIII-G LIMITED PARTNERSHIP
				ADVENT INTERNATIONAL GPE VIII-K LIMITED PARTNERSHIP ADVENT INTERNATIONAL GPE VIII-L LIMITED PARTNERSHIP

				By: GPE VIII GP LIMITED PARTNERSHIP, GENERAL PARTNER
				By: ADVENT INTERNATIONAL GPE VIII, LLC, GENERAL PARTNER
				By: ADVENT INTERNATIONAL CORPORATION, MANAGER

				/s/ Neil Crawford
				Name: Neil Crawford
				Title: Vice President of Finance


CUSIP No. 84612U107		SCHEDULE 13G		Page 36 of 37 Pages


Date: February 14, 2023				ADVENT PARTNERS GPE VIII LIMITED PARTNERSHIP ADVENT PARTNERS GPE VIII CAYMAN LIMITED PARTNERSHIP ADVENT PARTNERS GPE VIII-A LIMITED PARTNERSHIP ADVENT PARTNERS GPE VIII-A CAYMAN LIMITED PARTNERSHIP ADVENT PARTNERS GPE VIII-B CAYMAN LIMITED PARTNERSHIP By: ADVENT GPE VIII GP LIMITED PARTNERSHIP, GENERAL PARTNER By: ADVENT INTERNATIONAL GPE VIII, LLC, GENERAL PARTNER By: ADVENT INTERNATIONAL CORPORATION, MANAGER

				/s/ Neil Crawford
				Name: Neil Crawford
				Title: Vice President of Finance

Date: February 14, 2023				GPE VIII GP S.A.R.L.

				By: ADVENT INTERNATIONAL GPE VIII, LLC, MANAGER

				/s/ Justin Nuccio
				Name: Justin Nuccio
				Title: Manager

				By: ADVENT INTERNATIONAL CORPORATION, MANAGER

				/s/ Neil Crawford
				Name: Neil Crawford
				Title: Vice President of Finance

Date: February 14, 2023				GPE VIII GP LIMITED PARTNERSHIP

				By: ADVENT INTERNATIONAL GPE VIII, LLC,
				GENERAL PARTNER
				By: ADVENT INTERNATIONAL CORPORATION, MANAGER

				/s/ Neil Crawford
				Name: Neil Crawford
				Title: Vice President of Finance


CUSIP No. 84612U107		SCHEDULE 13G		Page 37 of 37 Pages


				AP GPE VIII GP LIMITED PARTNERSHIP By: ADVENT INTERNATIONAL GPE VIII, LLC, GENERAL PARTNER By: ADVENT INTERNATIONAL CORPORATION, MANAGER

				/s/ Neil Crawford
				Name: Neil Crawford Title: Vice President of Finance

Date: February 14, 2023				ADVENT INTERNATIONAL GPE VIII, LLC

				By: ADVENT INTERNATIONAL CORPORATION, MANAGER

				/s/ Neil Crawford
				Name: Neil Crawford
				Title: Vice President of Finance

NAMES OF REPORTING PERSONS

Advent International Corporation

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐ (b) ☒

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware