UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

OMB Number:3235-0145

Expires: February 28, 2009

Estimated average burden

hours per response...10.4

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

TravelCenters of America LLC

(Name of Issuer)

 

Common Stock, par value $0.00001 per share

(Title of Class of Securities)

 

 

894174101

 

(CUSIP Number)

 

December 31, 2007

(Date of Event which Requires Filing of this Statement)

 

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

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

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).

 

1

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only)

P&S Capital Partners, LLC

P&S Capital Management, LLC

Daniel L. Nir

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)          o

 

(b)          x

3

SEC Use Only

4

Citizenship or Place of Organization.

P&S Capital Partners, LLC - Delaware

P&S Capital Management, LLC - Delaware

Daniel L. Nir - United States

Number

of Shares

Beneficially

Owned by

Each

Reporting

Person With

5  Sole Voting Power

P&S Capital Partners, LLC - 0 shares

P&S Capital Management, LLC - 0 shares

Daniel L. Nir - 0 shares

6  Shared Voting Power

P&S Capital Partners, LLC - 0 shares

P&S Capital Management, LLC - 0 shares

Daniel L. Nir - 0 shares

Refer to Item 4 below.

7  Sole Dispositive Power

P&S Capital Partners, LLC - 0 shares

P&S Capital Management, LLC - 0 shares

Daniel L. Nir - 0 shares

8  Shared Dispositive Power

P&S Capital Partners, LLC - 0 shares

P&S Capital Management, LLC - 0 shares

Daniel L. Nir - 0 shares

Refer to Item 4 below.

9

Aggregate Amount Beneficially Owned by Each Reporting Person

P&S Capital Partners, LLC - 0 shares

P&S Capital Management, LLC - 0 shares

Daniel L. Nir - 0 shares

Refer to Item 4 below.

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o

Not applicable.

 

 

 

11

Percent of Class Represented by Amount in Row (9)

P&S Capital Partners, LLC – 0.0%

P&S Capital Management, LLC – 0.0%

Daniel L. Nir - 0.0%

Refer to Item 4 below.

12

Type of Reporting Person (See Instructions)

P&S Capital Partners, LLC - OO (Limited Liability Company)

P&S Capital Management, LLC - OO (Limited Liability Company)

Daniel L. Nir - IN

 

Item  1.

(a)

Name of Issuer

 

TravelCenters of America LLC

(b)

Address of Issuer’s Principal Executive Offices

 

24601 Center Ridge Road, Suite 200,  Westlake, OH  44145-5639

 

Item  2.

(a)

Name of Person Filing

 

P&S Capital Partners, LLC

P&S Capital Management, LLC

Daniel L. Nir

(b)

Address of Principal Business Office or, if none, Residence

 

P&S Capital Partners, LLC

P&S Capital Management, LLC

Daniel L. Nir

c/o Gracie Capital

590 Madison Avenue

28th Floor

New York, NY 10022

(c)

Citizenship

 

P&S Capital Partners, LLC - Delaware

P&S Capital Management, LLC - Delaware

Daniel L. Nir - United States

(d)

Title of Class of Securities

 

Common Stock, par value $0.00001 per share

(e)

CUSIP Number

 

894174101

 

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)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

o

Insurance Company as defined in Section 3(a)(19) of the Act

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

o

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

o

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)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

Item  4.

Ownership

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

(a)

Amount Beneficially Owned

 

P&S Capital Partners, LLC - 0 shares

P&S Capital Management, LLC - 0 shares

Daniel L. Nir - 0 shares

(b)

Percent of Class

 

P&S Capital Partners, LLC – 0.0%

P&S Capital Management, LLC – 0.0%

Daniel L. Nir – 0.0%

(c)

Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote

 

 

P&S Capital Partners, LLC - 0 shares

P&S Capital Management, LLC - 0 shares

Daniel L. Nir - 0 shares

 

(ii)

shared power to vote or to direct the vote

 

 

P&S Capital Partners, LLC - 0 shares

P&S Capital Management, LLC - 0 shares

Daniel L. Nir - 0 shares

 

(iii)

sole power to dispose or to direct the disposition of

 

 

 

 

P&S Capital Partners, LLC - 0 shares

P&S Capital Management, LLC - 0 shares

Daniel L. Nir - 0 shares

 

(iv)

shared power to dispose or to direct the disposition of

 

 

P&S Capital Partners, LLC - 0 shares

P&S Capital Management, LLC - 0 shares

Daniel L. Nir - 0 shares

 

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 person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.

Item  6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

Item  7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

Not applicable.

Item  8.

Identification and Classification of Members of the Group

Not applicable.

Item  9.

Notice of Dissolution of Group

Not applicable.

Item  10.

Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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, 2008

P&S CAPITAL PARTNERS, LLC

By:/s/ Greg Pearson

Greg Pearson

Chief Financial Officer

P&S CAPITAL MANAGEMENT, LLC

By:/s/ Greg Pearson

Greg Pearson

Chief Financial Officer

DANIEL L. NIR

/s/ Daniel L. Nir

Daniel L. Nir, individually

Exhibit 1

JOINT FILING AGREEMENT

This Joint Filing Agreement, dated as of April 6, 2007, is by and among P&S Capital Partners, LLC, P&S Capital Management, LLC and Daniel L. Nir, an individual (the foregoing are collectively referred to herein as the “Filers”).

Each of the Filers may be required to file with the United States Securities and Exchange Commission a statement on Schedule 13G with respect to shares of Common Stock, par value $0.00001 per share, of TravelCenters of America LLC beneficially owned by them from time to time.

Pursuant to and in accordance with Rule 13(d)(1)(k) promulgated under the Securities Exchange Act of 1934, as amended, the Filers hereby agree to file a single statement on Schedule 13G and/or 13D (and any amendments thereto) on behalf of each of such parties, and hereby further agree to file this Joint Filing Agreement as an exhibit to such statement, as required by such rule.

This Joint Filing Agreement may be terminated by any of the Filers upon one week’s prior written notice or such lesser period of notice as the Filers may mutually agree.

 

Executed and delivered as of the date first above written.

P&S CAPITAL PARTNERS, LLC

By:/s/ Greg Pearson

Greg Pearson

Chief Financial Officer

P&S CAPITAL MANAGEMENT, LLC

By:/s/ Greg Pearson

Greg Pearson

Chief Financial Officer

DANIEL L. NIR

/s/ Daniel L. Nir

Daniel L. Nir, individually