(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. SND repurchased 5.18 million . Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. 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 . SEC Filings include 13F quarterly reports, 13D/G events and more. For more information, please visitwww.smartsand.com. 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. We also use third-party cookies that help us analyze and understand how you use this website. 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. 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. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR Spencer Klein of Morrison & Foerster as legal advisor to Qatalyst Partners LP and Centerview Partners LLC. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. 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. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? This is a BETA experience. A slumping stock market means many LPs dont have as much capital to pump into PE as predicted, for fear of growing overexposed to the asset class. 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. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. 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. These cookies will be stored in your browser only with your consent. Clearlake Media Contact. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. But the tides have turned. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. 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. The fund focuses on investments in the United States as Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. Stocks with a size of more than $100 million in market cap make up var __dcid = __dcid || []; MacKenzie will be paid an approximately $25,000 plus expenses. Delayed London Stock Exchange Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. Necessary cookies are absolutely essential for the website to function properly. Private equity firms Clearlake Capital Group and Motive Partners acquired BetaNXT from the London Stock Exchange in 2022 and are looking to expand its market presence in the U.S. Clearlakes operational improvement approach is O.P.S. Operations. acted as financial advisors to Clearlake. SAM TIDSWELL-NORRISH. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. Do Not Sell My Personal Data/Privacy Policy. 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. Announces Repurchase of All Common Stock Owned by Clearlake Capital. 2018 Cohesive Capital. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. All rights reserved. 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. Necessary cookies are absolutely essential for the website to function properly. 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. Managing Director, Motive Partners. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. 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. .. 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 Capital Group, L.P. More information is available at www.janusintl.com. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, expiration or termination of any waiting periods applicable to the consummation of the Merger under the Hart-Scott-Rodino Antitrust Improvements Act and approval by a majority of Cornerstone stockholders. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. The Company invests and focuses on private equity, communications, health care, and industrial companies. They manage Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. For more information, visit our Privacy Policy. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. Vector Capital will make minority investment at closing. 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 . Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. (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. It is mandatory to procure user consent prior to running these cookies on your 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 It primarily invests in the industrial and energy sectors, technology and software, and consumer services. All rights reserved. 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 . 57.1% of the portfolio companies About Clearlake. 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. 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. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); 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. 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. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. that closed in April. 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, . The promissory note will mature on December 15, 2023. The completion of this transaction and our listing on the NYSE signifies a tremendous milestone for Janus as we continue executing on our compelling growth plans, said Ramey Jackson, CEO of Janus. Clearlake Capital Group, L.P. operates as an investment company. Smart Sand, Inc. We also use third-party cookies that help us analyze and understand how you use this website. 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 . SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . BETA, Maxit and Digital Investor will operates as BetaNXT. 2022-02-14 20:23. End-of-day quote Nasdaq On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. All rights reserved. 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. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . Landmark Partners and Goldman Sachs Asset Management are the most recent investors. sam@motivepartners.com . With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. 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. Central Index Key (CIK): 0001688282; Clearlake Capital Group is a private investment firm founded in 2006. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. 2018 Cohesive Capital. Past performance is a poor indicator of future performance. This category only includes cookies that ensures basic functionalities and security features of the website. 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 . But opting out of some of these cookies may affect your browsing experience. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. Clearlake Media Contact - Lambert.
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