(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. Morrison & Foerster LLP acted as legal advisor to Centerview Partners and Qatalyst Partners. June 7, 2021 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 . It primarily invests in the industrial and energy sectors, technology and software, and consumer services. Central Index Key (CIK): 0001688282; Clearlake is a leading private These cookies will be stored in your browser only with your consent. All rights reserved. You may opt-out by. var __dcid = __dcid || []; SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. About; . Clearlake Capital Group, L.P. will pay $57.5 per share in cash. Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. Cornerstone OnDemand, Inc. Appoints Ryan Courson as Chief Financial Officer. 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. 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. People. 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. /PRNewswire/ -- Clearlake Capital Group, . The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. 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It is mandatory to procure user consent prior to running these cookies on your website. I write about buyouts, mergers, acquisitions and other dealmaking. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. 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). On October 3, 2022, Clearlake Capital Group, L.P. announced that it has engaged in and/or may engage in communications with, among others, members of Blackbaud, Inc's management, members of the Company's board of directors, shareholders of the Company, advisors or other persons, regarding, among other things, the review and evaluation of strategic alternatives, opportunities to increase . In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . "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. There are currently 7 companies in Mr. Cannons portfolio. Javascript is disabled or is not supported by your browser. 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. Do Not Sell My Personal Data/Privacy Policy. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. .. 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. ABOUT CLEARLAKE. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. This website uses cookies to improve your experience while you navigate through the website. Strategy. acted as financial advisors to Clearlake. 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 . 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. 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. All rights reserved. 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. CHARLOTTE, N.C. and SANTA MONICA, Calif., March 2, 2023 /PRNewswire/ -- Discovery Education (or the "Company"), a global edtech company backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake "), today announced the appointment of Jeremy Cowdrey as Chief Executive Officer (CEO). For more information, visit our Privacy Policy. The transaction has an enterprise value of approximately $5.2 billion. Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. 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. SND repurchased 5.18 million . Clearlake Capital Group is funded by 3 investors. 2018 Cohesive Capital. We are a fully integrated frac and industrial sand supply and services company. Lambert. This category only includes cookies that ensures basic functionalities and security features of the website. The Company invests and focuses on private equity, communications, health care, and industrial companies. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. 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 . About Clearlake Capital Group, L.P. The $57.50 per share purchase price represents a premium of approximately 31% to Cornerstone's unaffected closing stock price on June 1, 2021, the last full trading day prior to Clearlake filing a Schedule 13D in . 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 . 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. About Clearlake. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. APO The promissory note will mature on December 15, 2023. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. 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 is a private investment firm founded in 2006. This is a BETA experience. 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 . The firm believes that demand is due to the success of its past two funds. Clearlake Capital Group, L.P. operates as an investment company. By Donald Mazariegos Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. 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. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. The total portfolio value may be much higher due to cash 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. This leaves the value of the investment at $16.4 million and 8,200,204 shares. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. 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 . 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. It also specializes in the middle and lower . SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . Funding. 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 . The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. Managing Director, Motive Partners. All rights reserved. KKR Long-term strategic partnership with management to transform and grow companies. 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. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Benzinga does not provide investment advice. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. BX This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); And with so many firms seeking to raise funds, LPs have plenty of options. * 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). Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . 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 . We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . These cookies will be stored in your browser only with your consent. Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by Clearlake Capital. These cookies do not store any personal information. . +447855910178. All rights reserved. Clearlake Capital Group, L.P. is an investment fund managing more than $1.5 billion ran by John Cannon. (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. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. Copyright 2023 Surperformance. Copyright 2023 Surperformance. But opting out of some of these cookies may affect your browsing experience. Blackbaud : DA Davidson Adjusts Blackbaud PT to $75 From $56, Maintains Neutra.. President, Chief Executive Officer & Director, CFO, Executive VP-Finance & Administration. 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 . Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics 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. 53,999,550 shares of Janus International Group In worth $488 million, Holley Inc worth $28.9 million, with 2,750,000 shares owned, Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million, Blackbaud Inc total 9,751,837 shares worth $566 million. 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 . I want to thank Clearlake for its long-term commitment to Smart Sand. 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. Moelis & Company LLC is also acting as financial advisor to Juniper. Please. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. You also have the option to opt-out of these cookies. More information is available at www.juniperindustrial.com. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. 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. "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. Will His AI Plans Be Any Different? The fund focuses on investments in the United States as These cookies will be stored in your browser only with your consent. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Blackbaud Inc dropped approximately 0.1% in the past year. The firm's core target sectors are technology, industrials, and consumer. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . Appointment Signals a Continued Focus on Driving Growth and Impact. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in US :BLKB. For more information, visit our Privacy Policy. All rights reserved. But it . The rating was released on June 29, 2021, according to finviz. By continuing to browse, you hereby agree to the use of cookies. 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. 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.". 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. Delayed London Stock Exchange End-of-day quote Nasdaq (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. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. the total portfolio value. 2022-02-14 20:23. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm 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. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); 2023 Benzinga.com. Clearlake, though, didnt wait around. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. 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. 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. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. The largest investments include Blackbaud Inc and Janus International Group In, together worth $1.05 billion. * Investors with a full data subscription can access data for any fund. In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. 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. The average market cap of the portfolio companies is close to $1.94 billion. 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. This website uses cookies to improve your experience while you navigate through the website. 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. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR 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 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. now owns 5,712,300 shares of the technology company's stock worth .
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