Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . 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. 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. Clearlake Capital Group uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. We also offer proppant logistics solutions to our customers through our in-basin transloading terminals and our SmartSystemswellsite storage capabilities. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). The third-largest holding is BlackLine Inc worth $361 million and the next is Holley Inc worth $28.9 million, with 2,750,000 shares owned. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. 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 . agreement to acquire the BETA+ assets from London Stock Exchange Group . These cookies will be stored in your browser only with your consent. "We believe this buyout of Clearlake's equity position demonstrates our focus on shareholder returns and is a good investment in the future of Smart Sand. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. This represents 12.4 percent ownership of the company. Clearlake acquired Janus in 2018, and the Company has grown tremendously over the last several years, introducing numerous new software-based access control technologies and acquiring several critical accretive business lines. Clearlake Capital Group, L.P. is an investment fund managing more than $1.5 billion ran by John Cannon. There are currently 7 companies in Mr. Cannons portfolio. 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. As a result of the transaction, Cornerstone is now a privately held company and . The transaction is not subject to a financing condition. These cookies will be stored in your browser only with your consent. The Company invests and focuses on private equity, communications, health care, and industrial companies. All statements other than statements of historical fact included in this communication are forward-looking statements. var __dcid = __dcid || []; All rights reserved. Exempt Reporting Advisers ("ERA") are investment advisers that are not required to register as investment advisers because they rely on certain exemptions from registration under sections 203(l) and 203(m) of the Investment Advisers Act of 1940 and related rules. Qatalyst Partners LP and Centerview Partners LLC acted as financial advisors and fairness opinion provider and Jamie Leigh, Rachel Proffitt, Matt Silverman and Ben Beerle led team and Tracy Rubin, Barbara Mirza, Mischi A Marca, Megan Browdie, Howard Morse, Sarah Lightdale, David Silverman, Todd Gluth, Stella Sarma, Christine Graham, Kevin King, Christopher Kimball, Alexander Israel, Jason Savich, and David Navetta of Cooley LLP acted as legal counsel to Cornerstone. But opting out of some of these cookies may affect your browsing experience. Janus International Group (Janus) is a leading global manufacturer and supplier of turn-key self-storage, commercial and industrial building solutions and new technologies, including: automation and access control technologies, roll up and swing doors, hallway systems, re-locatable storage units, and much more. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. 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 . But it . Clearlake Capital Group, L.P. will pay $57.5 per share in cash. The largest investments include Blackbaud Inc and Janus International Group In, together worth $1.05 billion. Chelsea marks its first foray into pro sports. 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). When 2022 began, there was talk that it could be a record-setting year for private equity fundraising, with firms seeking to refill their coffers after a spending spree for the ages in 2021. 2023 Benzinga.com. Morrison & Foerster LLP acted as legal advisor to Centerview Partners and Qatalyst Partners. ABOUT CLEARLAKE. APO About Clearlake Capital Group, L.P. . We also use third-party cookies that help us analyze and understand how you use this website. Benzinga does not provide investment advice. 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.. Shares +10.2% at $1.95 after hours. For more information, please visitwww.smartsand.com. Blackbaud Inc dropped approximately 0.1% in the past year. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. The promissory note will mature on December 15, 2023. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. investment firm founded in 2006. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. 2022-02-14 20:23. jhurson@lambert.com . A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . And with so many firms seeking to raise funds, LPs have plenty of options. Founded in 2006 by Jose E. Feliciano and Behdad Eghbali, it now manages some $72 billion in assets, with most of its dealmaking focused on the tech, industrials and consumer sectors. Clearlake Media Contact - Lambert. Blackbaud Inc dropped approximately 0.1% in the past year. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. Necessary cookies are absolutely essential for the website to function properly. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . With a sector . UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D Under the Securities Exchange Act of 1934 Janus International Group, Inc. (Name of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securities) 47103N106 (CUSIP Number) John Cannon c/o Clearlake Capital Group, L.P. 233 Wilshire Blvd, Suite . Janus now serves over 10,000 customers on a global basis and has established itself as a leader in the broader commercial and self-storage ecosystems, providing innovative solutions that address unique and growing market needs, including Janus proprietary Nok access control solution that supports the Companys first-mover advantage in a nascent but large, addressable market for smart facilities and wireless management technologies. Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. $1.5 billion and $1.5 billion respectively. The formal close comes about two weeks after Clearlake agreed to buy a major stake in Chelsea FC as part of a high-profile auction for the West London soccer club. MacKenzie will be paid an approximately $25,000 plus expenses. 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 remainder was financed through an unsecured promissory note issued to Clearlake. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in Shares +10.2% at $1.95 after hours. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. Clearlake Capital Group was a net seller of stock by $-28M. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. This leaves the value of the investment at $16.4 million and 8,200,204 shares. 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. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. The average market cap of the portfolio companies is close to $1.94 billion. These cookies will be stored in your browser only with your consent. var __dcid = __dcid || []; Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. jhurson@lambert.com. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake . This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. Various inclusions are the ability for the board of directors to issue new preferred shares without shareholder approval and the ability for banking partners, Clearlake Capital Partners and . When used in this communication, words such as may, should, could, would, expect, plan, anticipate, believe, estimate, continue, or the negative of such terms or other similar expressions, as they relate to the management team, identify forward-looking statements. These cookies do not store any personal information. BETA, Maxit and Digital Investor will operates as BetaNXT. Cornerstone OnDemand, Inc. entered into a Stock Purchase Agreement to acquire SumTotal .. Clearlake Capital Group serves customers in the State of California. 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. 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. Clearlake Capital Group, L.P. ("Clearlake") and Motive Partners ("Motive" and collectively, the "Sponsors"), today announced that they have entered into a definitive agreement to acquire the BETA+ assets from London Stock Exchange Group ("LSEG"), which encompasses the assets of BETA (securities processing, custody, clearing, and asset servicing technology), Maxit (cost and tax . 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 . Lambert. +447855910178. Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. Clearlake is a leading private Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . By continuing to browse, you hereby agree to the use of cookies. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. Leah Sauter, Peter Harwich, Lisa Watts, Eric Kamerman, Jennifer Pepin, Farrell Malone, Kelly Fayne, Steven Betensky, Tony Kim, Andrew Galdes, Drew Levin, Anna Ngo, Edward Barnett and Farah O'Brien of Latham & Watkins LLP acted as legal advisor for London Stock Exchange Group plc in the transaction. Central Index Key (CIK): 0001688282; This category only includes cookies that ensures basic functionalities and security features of the website. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. Clearlake Capital Group, L.P. and Motive Capital Management, LLC entered into a definitive agreement to acquire BETA, Maxit and Digital Investor assets from London Stock Exchange Group plc (LSE:LSEG) for $1.1 billion on March 21, 2022. 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. "Bloomberg Opinion" columnists offer their opinions on issues in the news. SAM TIDSWELL-NORRISH. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. The fund focuses on investments in the United States as 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. 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. SEC Filings include 13F quarterly reports, 13D/G events and more. By continuing to browse, you hereby agree to the use of cookies. sam@motivepartners.com . You may opt-out by. 3,774,352 additional shares. 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.,. Please. Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth . For more information, visit our Privacy Policy. The transaction was unanimously approved by Cornerstone's Board of Directors. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. Clearlake wrapped up fundraising for its seventh flagship vehicle with $14.1 billion in commitments, doubling the size of its predecessor, which closed on about $7 billion a little more than two years ago. With a sector-focused approach, the . BETA, Maxit and Digital Investor will operates as BetaNXT. Blackbaud Inc dropped approximately 0.1% in the past year. var __dcid = __dcid || []; Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. 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 . Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Together with Juniper, we believe Janus is uniquely positioned to drive considerable additional stakeholder value and look forward to our continued partnership., Our goal with Juniper was not only to find a great investment for our platform, but to also partner with an industry leading company with an abundant number of growth opportunities where our team can add significant value and resources, said Roger Fradin, Chairman of Juniper. The group has backed some of the largest and highest-profile single-asset continuation funds in recent years, including writing a 500 million cheque for a process involving nuclear medicine company Curium Pharma, managed by CapVest; investing $1 billion in a process on software company DigiCert, managed by Clearlake Capital; underwriting . 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. 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. All rights reserved. In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. All subsequent written or oral forward-looking statements attributable to Janus or Juniper or persons acting on its behalf are qualified in their entirety by this paragraph. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. This was a Private Equity round raised on May 29, 2018. For more information, visit our Privacy Policy. Clearlake, though, didnt wait around. All rights reserved. Junipers management team has a proven track record of identifying market-leading technologies across the industrial spectrum, and an affinity for businesses with strong brands and mission-critical offering. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. 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. It is mandatory to procure user consent prior to running these cookies on your website. Delayed Nasdaq Currently, their heaviest sector is Technology making up 61.9% of Blackbaud Guides For Full Year 2023 EPS of $3.30-$3.60 on Revenue of $1.08-$1.11 Billio.. Earnings Flash (BLKB) BLACKBAUD Posts Q4 EPS $0.68, vs. Street Est of $0.60, Stifel Nicolaus Adjusts Blackbaud Price Target to $70 From $85, Maintains Hold Rating. 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. US :BLKB. Radio personality and budding entrepreneur Angela Yee describes her youth in the New York City hip hop scene, her first radio job at Shade 45 and how she played a central role in bringing together some of the biggest names in music. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. All rights reserved. Vector Capital will make minority investment at closing. All rights reserved. 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 an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Necessary cookies are absolutely essential for the website to function properly. This website uses cookies to improve your experience while you navigate through the website. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. 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 . +1-845-507-0571. 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. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. Smart Sand ( NASDAQ: SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. We also use third-party cookies that help us analyze and understand how you use this website. -, SoftBank snub shows London risks losing its listings lustre, London Stock Exchange urges rapid UK reforms after Arm's snub, HSBC issues USD150.0 million senior unsecured notes due 2036, Ireland's Cairn Homes Launches EUR40 Million Share Buyback, Norges Bank - Form 8.3 - Horizon Therapeutics Plc, Citigroup cuts Admiral; Jefferies likes PPHE, SoftBank's Arm rebuffs London by choosing U.S. listing, Standard Chartered Buys Back 2.7 Million Shares, Metal Tiger to delist from AIM, to maintain trading on ASX, Citigroup cuts Persimmon; HSBC raises Asos, Goldman Sachs Trims London Stock Exchange PT, Maintains Buy Rating, Group Chief Executive Officer & Executive Director. are based in the United States. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics
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