The fund focuses on investments in the United States as Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". The largest investments include Blackbaud Inc and Janus International Group In, together worth $1.05 billion. Announces Repurchase of All Common Stock Owned by Clearlake Capital. All rights reserved. SAM TIDSWELL-NORRISH. The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. . 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. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Shares +10.2% at $1.95 after hours. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. But opting out of some of these cookies may affect your browsing experience. 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. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics 2018 Cohesive Capital. For more information please contact: JENNIFER HURSON. 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 . core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. Landmark Partners and Goldman Sachs Asset Management are the most recent investors. 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 . 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. But opting out of some of these cookies may affect your browsing experience. Chelsea marks its first foray into pro sports. This category only includes cookies that ensures basic functionalities and security features of the website. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. 14% of the total holdings value. 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. Spencer Klein of Morrison & Foerster as legal advisor to Qatalyst Partners LP and Centerview Partners LLC. As a result of the transaction, Cornerstone is now a privately held company and shares of Cornerstone common stock are no longer listed on the public market. You also have the option to opt-out of these cookies. The stock was 2018 Cohesive Capital. ABOUT CLEARLAKE. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. End-of-day quote Nasdaq CLEARLAKE CAPITAL GROUP, L.P., the Director of Smart Sand Inc., sale 1,265,137 shares at $1.91 during a trade that took place back on Sep 19, which means that CLEARLAKE CAPITAL GROUP, L.P. is . 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 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. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . Morgan Stanley & Co. LLC is acting as financial advisor to Janus. Smart Sand, Inc. Blackbaud Inc dropped approximately 0.1% in the past year. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. Clearlake Capital Group is funded by 3 investors. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. 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. Clearlake Capital Group is a private investment firm founded in 2006. The transaction is expected to be completed in the second half of 2021. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Such forward-looking statements are based on the current beliefs of the respective management of Janus and Juniper, based on currently available information, as to the outcome and timing of future events, and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. This leaves the value of the investment at $16.4 million and 8,200,204 shares. Delayed Nasdaq 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.,. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. For more information, visit our Privacy Policy. 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. 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 . 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. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. Now, Mediant's technology will join the three pieces Clearlake and Motive acquired a year ago for $1.1 billion from Refinitiv, a part of the London Stock Exchange Group (at which time a . KKR We are a fully integrated frac and industrial sand supply and services company. June 7, 2021 By continuing to browse, you hereby agree to the use of cookies. 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. * Investors with a full data subscription can access data for any fund. Morrison & Foerster LLP acted as legal advisor to Centerview Partners and Qatalyst Partners. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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 . 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. The Janus team operates out of several U.S. locations and six locations internationally. Past performance is a poor indicator of future performance. and Apollo Global Management But the tides have turned. These cookies will be stored in your browser only with your consent. SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. You also have the option to opt-out of these cookies. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. 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. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. Managing Director, Motive Partners +447855910178. MacKenzie will be paid an approximately $25,000 plus expenses. 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 . Company profile page for Clearlake Capital Group LP including stock price, company news, press releases, executives, board members, and contact information agreement to acquire the BETA+ assets from London Stock Exchange Group . Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. 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. But it roughly doubled that size with each of its next three vehicles, climbing to $3.6 billion in 2017 and about $7 billion in 2020. 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 Clearlakes operational improvement approach, O.P.S. The firms core target sectors are industrials, technology and consumer. Clearlake Capital Group, L.P. operates as an investment company. Clearlake Capital Group, L.P. ("Clearlake"), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, today announced several . Will His AI Plans Be Any Different? This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. These cookies do not store any personal information. For more information, please visitwww.smartsand.com. +447855910178. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. About Clearlake. Clearlake is one of several private equity firms to set its sights on pro sports in recent years. Appointment Signals a Continued Focus on Driving Growth and Impact. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). 2018 Cohesive Capital. 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. It primarily invests in the industrial and energy sectors, technology and software, and consumer services. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. 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Here is the complete portfolio . 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. The transaction is expected to close in the second half of 2022. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. More information is available at www.janusintl.com. The Pennsylvania-based . In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. This is a BETA experience. Stephen C. Daffron, Industry Partner at Motive Partners, named Chairman and Chief Executive Officer, Caroline O'Connell, Industry Partner at Motive Partners, to serve as Chief Administrative Officer, Don Henderson appointed Chief Technology Officer, Tim Rutka as President of BETA, and Michael Pass as President of Maxit and Digital Investor. This category only includes cookies that ensures basic functionalities and security features of the website. 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. We also use third-party cookies that help us analyze and understand how you use this website. 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 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 . 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. Delayed London Stock Exchange Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. 3,774,352 additional shares. In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. 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. Do Not Sell My Personal Data/Privacy Policy. The firm's core target sectors are technology, industrials, and consumer. The investment fund also strengthened its position in Blackbaud Inc by buying Moelis & Company LLC is also acting as financial advisor to Juniper. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. Clearlake Capital Group. According to the last 13-F report filed with the SEC, John Cannon serves as the Managing Director, Deputy General Counsel and CCO at Clearlake Capital Group, L.P.. It is mandatory to procure user consent prior to running these cookies on your website. About Clearlake Capital Group, L.P. Vector Capital will make minority investment at closing. Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. Clearlake Capital Group, L.p. has filed a 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 5,977,485 shares of Blackbaud, Inc. ( BLKB ). Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. 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. On March 21, 2022, private equity firms Clearlake Capital Group and Motive Partners acquired business services company BetaNXT from London Stock Exchange Group for 1.1B USD Acquisition Highlights. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. I write about buyouts, mergers, acquisitions and other dealmaking. 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.. Clearlake Capital Group has raised 1 round. 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. Necessary cookies are absolutely essential for the website to function properly. Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. These include Viewport Meta , IPhone / Mobile Compatible , and SPF. (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. through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. Certain statements in this communication may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. var __dcid = __dcid || []; This website uses cookies to improve your experience while you navigate through the website. All rights reserved. The rating was released on June 29, 2021, according to finviz. are based in the United States. .. 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. * 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). It sold the previously owned 5,511,703 shares for $316 million. 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 . With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, . There are currently 7 companies in Mr. Cannons portfolio. 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.

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