Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Clearlake Media Contact. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. This website uses cookies to improve your experience while you navigate through the website. Clearlake is part of new generation of private equity powers that emerged in the 2000s and are now raising the sorts of massive capital pools that used to be the domain of long-established firms like Blackstone Under the terms of the agreement, Clearlake will acquire the outstanding shares of Intertape for CAD 40.50 per share in an all-cash transaction valued . This communication is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Janus and is not intended to form the basis of an investment decision in Janus. We own and operate premium Northern White sand mines and related processing facilities in Wisconsin and Illinois, which have direct access to four Class I rail lines, allowing us to deliver products substantially anywhere in the United States and Canada. The deal is subject to regulatory approvals and other customary closing conditions,including theexpiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and certain customer consents. Stocks with a size of more than $100 million in market cap make up And its already been busy putting its new pool of capital to work. As a result of the transaction, Cornerstone is now a privately held company and . Vivek K Chandy, Shafaq Sapre, Kumarmanglam Vijay, Shareen Gupta, Karthik BM, Vaibhav Choukse, Anjana Potti and Preetha S of J. Sagar Associates acted as legal advisor to Clearlake Capital Group, L.P. and Motive Capital Management, LLC on the Indian leg of their acquisition of BETA+ assets from Refinitiv India, a London Stock Exchange Group company. The Financial Balancing Act Of 2023: Prioritizing Sustainable Growth, 12 Essential Things To Know Before Leveraging Tax Equity Investments, 3 Emerging Trends In Silicon Valley's Unicorn Market, Three Ways To Shore Up Your Risk Management Practices. Central Index Key (CIK): 0001688282; In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in Appointment Signals a Continued Focus on Driving Growth and Impact. Clearlakes operational improvement approach is O.P.S. Operations. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. This category only includes cookies that ensures basic functionalities and security features of the website. Differentiated approach to investing UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. The Juniper team has a robust network of relationships within industrial and investment communities built over 60+ years of combined industry experience, and a deep understanding of industrial trends. After this action, CLEARLAKE CAPITAL GROUP, L.P. now owns 5,175,688 shares of Smart Sand Inc., valued at $3,459,116 using the latest closing price. Landmark Partners and Goldman Sachs Asset Management are the most recent investors. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). For more information please contact: JENNIFER HURSON. Juniper and Janus undertake no obligation to update these statements for revisions or changes after the date of this release, except as required by law. I write about buyouts, mergers, acquisitions and other dealmaking. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. You also have the option to opt-out of these cookies. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. /PRNewswire/ -- Clearlake Capital Group, . Transaction builds on firm's end-to-end wealth solutions software platform, adds investor communications and proxy solutions BetaNXT, a provider of wealth management infrastructure software with . .. Baird Adjusts Price Target on Blackbaud to $66 From $70, Maintains Neutral Rating, Transcript : Blackbaud, Inc., Q4 2022 Earnings Call, Feb 14, 2023, Blackbaud Q4 Adjusted Earnings Drop; Revenue Rises; Sets Full-Year 2023 Outlook, Blackbaud, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022. This is a BETA experience. This data is downloadable for data subscribers. Please. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Positions held by Clearlake Capital Group consolidated in one spreadsheet with up to 7 years of data, Clearlake Capital Group holds 7 positions in its portfolio as reported in the December 2022 quarterly 13F filing, SEC 13F filings are viewable for Clearlake Capital Group going back to 2020. Necessary cookies are absolutely essential for the website to function properly. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Blackbaud Inc dropped approximately 0.1% in the past year. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. ( SND) (the "Company") announced today that it has repurchased 5.18 million shares of the Company's common stock (the "Shares") from Clearlake Capital Partners II (Master), L.P., an affiliate of Clearlake Capital Group ("Clearlake"), for approximately $8.85 million, of which $4.42 million was paid in cash and the . About Clearlake Capital Group Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. The Shares represent all of the common stock owned by Clearlake and approximately 11.3% of the outstanding shares of the Company's common stock immediately prior to the purchase. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Smart Sand, Inc. (NASDAQ: SND) (the Company) announced today that it has repurchased 5.18 million shares of the Companys common stock (the Shares) from Clearlake Capital Partners II (Master), L.P.,. Finally, I want to recognize the accomplishments of the broader Janus team, as I could not be more proud of our management team and employees for consistently executing and offering our customers the best solutions in the industry., This is a tremendous outcome for Janus and Clearlake, and we are confident that Janus will be even better positioned as a public company to continue its impressive trajectory, said Jos E. Feliciano, Chairman of the Janus Board of Directors and Co-Founder and Managing Partner at Clearlake, and Colin Leonard, Partner at Clearlake, in a joint statement. For more information, visit our Privacy Policy. Necessary cookies are absolutely essential for the website to function properly. You may opt-out by. Forward-looking statements speak only as of the date they are made, and neither Janus nor Juniper is under any obligation, and each of them expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. * To download the data without a subscription, you can purchase 90-day access to a single fund (Clearlake Capital Group) for $24.00 USD (one time). These cookies do not store any personal information. With a sector . . __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Our industry is at a critical juncture as our customers begin modernizing and adopting our technologies and invest in upgrading existing and new facilities, added Mr. Jackson. Clearlake Capital Group was a net buyer of stock by $498M. Clearlake provided the Company with initial capital in 2012 to begin developing our Oakdale facility and has been a good partner for the Company over the last eleven years.". Cornerstone OnDemand, Inc. acquired EdCast Inc. . MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. ng-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S. The firm's core target sectors are technology, industrials and consumer. We are fortunate to have had Clearlakes support and their technology and building products expertise over the last several years as we built new software-based solutions and closed on several accretive acquisitions. Currently, their heaviest sector is Technology making up 61.9% of "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. In no event shall stockzoa.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content available on stockzoa.com, or relating to the use of, or inability to use, stockzoa.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Shares +10.2% at $1.95 after hours. jhurson@lambert.com. The firm believes that demand is due to the success of its past two funds. Blackbaud Inc dropped approximately 0.1% in the past year. . that closed in April. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. BETA, Maxit and Digital Investor will operates as BetaNXT. It is mandatory to procure user consent prior to running these cookies on your website. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. Comments are Off, Janus, a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and commercial industrial sectors, will begin trading on the NYSE under ticker JBI. It is mandatory to procure user consent prior to running these cookies on your website. These positions were updated on August 15th based on the funds latest 13F filing. Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. 14% of the total holdings value. Managing Director, Motive Partners. SEC Filings include 13F quarterly reports, 13D/G events and more. The fund focuses on investments in the United States as THE BIGGER PICTURE: A 1.5 billion ($1.8bn) project is said to be in the pipeline, with Todd Boehly and the Blues' Clearlake Capital ownership group ready to press ahead with rebuilding plans.It . Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. Lee BeckelmanPhone: (281) 231-2660Email: lbeckelman@smartsand.com. All rights reserved. Multiple reports have indicated that voting rights will be split equally between Clearlake and the rest of Boehlys group. Here is the complete portfolio . Cornerstone OnDemand, Inc. Appoints Ryan Courson as Chief Financial Officer. All rights reserved. About Clearlake. Company profile page for Clearlake Capital Group LP including stock price, company news, press releases, executives, board members, and contact information Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.. You also have the option to opt-out of these cookies. The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. These cookies will be stored in your browser only with your consent. We are equally as excited to welcome the Juniper team who I view as the perfect partners to help us and Clearlake drive the next chapter of growth for our company. Clearlake Capital Group, L.P. is an investment fund managing more than $1.5 billion ran by John Cannon. By clicking the button below, your credit card will be charged $24.00 USD (one time) and you'll have access to all Clearlake Capital Group data for 90 days. LSEG expects to hand a "significant proportion" of the net proceeds to shareholders via a buyback, which would likely start in the third quarter. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . Clearlake Capital Group, L.P. entered into a definitive agreement to acquire remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) for $3.8 billion on August 5, 2021. For more information, please visitwww.smartsand.com. The majority of the companies in the funds portfolio are small-cap stocks. 2018 Cohesive Capital. About Clearlake Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. But opting out of some of these cookies may affect your browsing experience. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in Juniper or Januss filings with the SEC. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); As of 8th August 2022, Clearlake Capital Group, L.P.s top holding is 9,751,837 shares of Blackbaud Inc currently worth over $566 million and making up 37.8% of the portfolio value. Clearlake Capital Group, L.p. is the Director, 10% Owner of Janus International Group Inc and owns about 1,693,600 shares of Janus International Group Inc (JBI) stock worth over $18 Million.Clearlake Capital Group, L.p. is also the Director, 10% Owner of Smart Sand Inc and owns about . Clearlake Capital Group, L.P. and Motive Capital Management, LLC completed the acquisition of BETA, Maxit and Digital Investor assets from London Stock Exchange Group plc (LSE:LSEG) on July 1, 2022. SAM TIDSWELL-NORRISH. All subsequent written and oral forward-looking statements concerning Janus and Juniper, the transaction or other matters and attributable to Janus and Juniper or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. The Janus team operates out of several U.S. locations and six locations internationally. TEMPLE, GA, AND SANTA MONICA, CA, June 7, 2021 Janus International Group, Inc. (Janus or the Company), Clearlake Capital Group, L.P. (Clearlake) and Juniper Industrial Holdings, Inc. (Juniper) announced today the closing of Janus previously announced business combinationwith Juniper, a publicly-listed special purpose acquisition company (NYSE: JIH). Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. Long-term strategic partnership with management to transform and grow companies. The transaction is expected to be completed in the second half of 2021. (function(){var cid=document.createElement("script");cid.async=true;cid.src="//seal.digicert.com/seals/cascade/seal.min.js";var s = document.getElementsByTagName("script");var ls = s[(s.length - 1)];ls.parentNode.insertBefore(cid, ls.nextSibling);}()); We use cookies to enhance your user experience. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. KKR Clearlake Capital Group uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. What Will New Tax Laws Mean For Your Business? Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. The estimated net worth of Clearlake Capital Group, L.p. is at least $27 Million dollars as of 2023-02-28. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. But opting out of some of these cookies may affect your browsing experience. Announces Repurchase of All Common Stock Owned by Clearlake Capital. This website uses cookies to improve your experience while you navigate through the website. Recent trades. Bloomberg reported last month that Blackstone, Apollo and TPG are all offering investors the option to delay commitments to their latest flagship funds until 2023. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced today that it has repurchased 5.18 million shares of the Company's common stock (the "Shares") from Clearlake Capital Partners II (Master), L.P., an affiliate of Clearlake Capital Group ("Clearlake"), for approximately $8.85 million, of which $4.42 million was paid in cash . Clearlake Capital Group, L.P. entered into a definitive agreement to acquire Intertape Polymer Group Inc. (TSX:ITP) from individual shareholders and others for CAD 2.5 billion on March 7, 2022. SND repurchased 5.18 million . Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. These cookies do not store any personal information. It also specializes in the middle and lower . 2018 Cohesive Capital. Clearlake Capital Group was a net seller of stock by $-28M. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. The Pennsylvania-based . The consideration of $1.1 billion will be paid in cash, before tax and separation costs. This leaves the value of the investment at $16.4 million and 8,200,204 shares. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced today that it has repurchased 5.18 million shares of the Company's common stock (the "Shares") from Clearlake Capital Partners II (Master), L.P., an affiliate of Clearlake Capital Group ("Clearlake"), for approximately $8.85 . Upon completion of the transaction, Cornerstone will become a private company and shares of Cornerstone common stock will no longer be listed on any public market. investment firm founded in 2006. Both Feliciano and Eghbali have a current net worth of $3.4 billion, according to Forbes, placing them among the worlds 1,000 wealthiest people. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. "Bloomberg Opinion" columnists offer their opinions on issues in the news. var __dcid = __dcid || []; core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. Clearlake provided much of the financing for a victorious group led by billionaire Todd Boehly, with Sky News reporting the firm will own about 60% of the teams shares. SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: Delayed London Stock Exchange Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. All rights reserved. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. jhurson@lambert.com . In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares . JENNIFER HURSON +1-845-507-0571. Shares +10.2% at $1.95 after hours. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. But opting out of some of these cookies may affect your browsing experience. Clearlake Capital Group, L.P. will pay $57.5 per share in cash. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. The rating was released on June 29, 2021, according to finviz. In May 2022, Clearlake announced the final closing of its seventh flagship private equity fund with more than $14.1 billion in commitments, against a $10 . Mehdi Khodadad, Nicholas M. Schwartz, Kristen L. Smith, Matthew B. Walker, Johnny G. Skumpija, Eric Kauffman, Teresa L. Reuter, Peter McCorkell, Rachel D. Kleinberg, Stacy Crosnicker, Marian Fielding, Karen Kazmerzak, Ken Daly, Elizabeth Chen, Sara B. Brody, Craig Francis Dukin, Sven De Knop, Barbara Broussard, Alan Charles Raul, and Scott Williams of Sidley Austin LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to Clearlake in the connection with the acquisition and debt financing. This represents 12.4 percent ownership of the company. In this episode, hear how Yee introduced Jay Electronica to Jay Z, why she decided to book Eminem for one of his first shows, and how she's expanded her empire to include real estate and a new coffee venture. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. It is mandatory to procure user consent prior to running these cookies on your website. This website uses cookies to improve your experience while you navigate through the website. The firm has offices in Santa Monica and Dallas. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. Strategy. All rights reserved. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". agreement to acquire the BETA+ assets from London Stock Exchange Group . Janus, a leading global manufacturer and supplier of turn-key building solutions and new access control technologies for the self-storage and other commercial and industrial sectors, will begin trading on June 8, 2021 on the New York Stock Exchange (NYSE) under the ticker symbol JBI. With a sector-focused approach, the . All statements other than statements of historical fact included in this communication are forward-looking statements. In addition to factors previously disclosed in Juniper and Januss reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (i) the effect of the merger on Januss business relationships, operating results, and business generally; (ii) failure to realize the benefits expected from the transaction; (iii) risks that the merger disrupts Januss current plans and operations and potential difficulties in Januss employee retention as a result of the merger; (iv) the effects of pending and future legislation; (v) risks related to disruption of management time from ongoing business operations due to the transaction; (vi) the amount of the costs, fees, expenses and other charges related to the merger; (vii) risks of the self-storage industry; (viii) the highly competitive nature of the self-storage industry and Januss ability to compete therein; (ix) litigation, complaints, and/or adverse publicity; (x) the ability to meet NYSEs continued listing standards following the consummation of the transaction and (xi) cyber incidents or directed attacks that could result in information theft, data corruption, operational disruption and/or financial loss. +1-845-507-0571. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. They manage London Stock Exchange Group plc ("LSEG") today announces it has agreed to divest BETA, Maxit and Digital Investor (collectively "BETA+") to affiliates of Clearlake Capital Group L.P ("Clearlake") and Motive Partners ("Motive") for a total cash consideration of $1,100 million ("the Transaction"), before tax and separation costs. 1010 wins radio announcers, taurus raging bull 500 4 inch barrel, midnight in dubai cologne,