clearlake capital group stock clearlake capital group stock

Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. You also have the option to opt-out of these cookies. Cornerstone OnDemand, Inc. acquired EdCast Inc. The stock was Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares . Cornerstone has agreed to pay Centerview an aggregate fee of $24 million, $4 million of which was payable upon the rendering of Centerview's opinion and the remainder of which is payable contingent upon consummation of the Transaction. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. 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 var __dcid = __dcid || []; Clearlake Capital Group was a net seller of stock by $-28M. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. Delayed London Stock Exchange 3,774,352 additional shares. 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. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. 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. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. Long-term strategic partnership with management to transform and grow companies. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. And its already been busy putting its new pool of capital to work. 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 . The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. End-of-day quote Nasdaq Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. Just seven years ago, the firm closed its fourth flagship fund on $1.38 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 . BX "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. Blackbaud Inc dropped approximately 0.1% in the past year. sam@motivepartners.com . Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. 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. -, 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. Necessary cookies are absolutely essential for the website to function properly. I write about buyouts, mergers, acquisitions and other dealmaking. Funding. 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 . These cookies do not store any personal information. 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 . Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. that closed in April. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. Clearlake Capital Group has raised 1 round. Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Javascript is disabled or is not supported by your browser. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. 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. These cookies do not store any personal information. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. More information is available at www.janusintl.com. 2023 Benzinga.com. 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. Currently, their heaviest sector is Technology making up 61.9% of Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. 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 . SEC Filings include 13F quarterly reports, 13D/G events and more. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . 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. It is mandatory to procure user consent prior to running these cookies on your website. 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. With a sector-focused approach, the . You also have the option to opt-out of these cookies. More information is available at www.clearlake.com and on Twitter @Clearlake. 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. +447855910178. . +1-845-507-0571. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. * 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). Clearlake Media Contact - Lambert. Please. -, Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manage Content from Anywhere, Cornerstone OnDemand, Inc. Clearlake is a leading private SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . Will His AI Plans Be Any Different? But the tides have turned. BETA, Maxit and Digital Investor will operates as BetaNXT. Delayed Nasdaq The firm's core target sectors are technology, industrials, and consumer. 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. 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. This website uses cookies to improve your experience while you navigate through the website. People. The fund focuses on investments in the United States as 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. "Bloomberg Opinion" columnists offer their opinions on issues in the news. Multiple reports have indicated that voting rights will be split equally between Clearlake and the rest of Boehlys group. 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 . Stocks with a size of more than $100 million in market cap make up 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. This data is downloadable for data subscribers. All rights reserved. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. Necessary cookies are absolutely essential for the website to function properly. All rights reserved. These cookies will be stored in your browser only with your consent. You may opt-out by. These cookies will be stored in your browser only with your consent. 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. Here is the complete portfolio . Janus International Group In Common Stock, https://www.sec.gov/Archives/edgar/data/1688282/0, Track 13F-HR Filings for Hedge Funds and Value Investors. It is mandatory to procure user consent prior to running these cookies on your website. Smart Sand, Inc. This category only includes cookies that ensures basic functionalities and security features of the website. Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. We also use third-party cookies that help us analyze and understand how you use this website. What Will New Tax Laws Mean For Your Business? BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. 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. Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. With $348 million in trust, the SPAC was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. 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. By Donald Mazariegos 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 Capital will be required to pay Cornerstone a termination fee of $320,000,000. 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). Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . Smart Sand ( NASDAQ: SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. Clearlake Capital Group is funded by 3 investors. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. . under Risk Factors in Part I, Item 1A of Junipers Form 10-K for the year ended December 31, 2020, Part II, Item 1A of Junipers Form 10-Q for the quarterly period ended March 31, 2021 and in Juniper and Januss other filings. 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. Company profile page for Clearlake Capital Group LP including stock price, company news, press releases, executives, board members, and contact information Appointment Signals a Continued Focus on Driving Growth and Impact. Landmark Partners and Goldman Sachs Asset Management are the most recent investors. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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. About; . Morgan Stanley (NYSE:MS), Rothschild & Co SCA (ENXTPA:ROTH), JPMorgan Chase & Co. (NYSE:JPM), The Goldman Sachs Group, Inc. (NYSE:GS), BofA Securities, Inc., Barclays PLC (LSE:BARC), Jefferies LLC and William Blair & Company, L.L.C. * Investors with a full data subscription can access data for any fund. 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, 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.s portfolio is diversified across 4 sectors. The promissory note will mature on December 15, 2023. 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. For more information, visit our Privacy Policy. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. jhurson@lambert.com. 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 . (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. 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. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. Copyright 2023 Surperformance. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. 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. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. The investment fund also strengthened its position in Blackbaud Inc by buying It is mandatory to procure user consent prior to running these cookies on your website. through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. Necessary cookies are absolutely essential for the website to function properly. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. 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 two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. The transaction was unanimously approved by Cornerstone's Board of Directors. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. ABOUT CLEARLAKE. 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. is an investment fund managing more than $1.5 billion ran by John Cannon. Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. 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 serves customers in the State of California. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. Lee BeckelmanPhone: (281) 231-2660Email: lbeckelman@smartsand.com. 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. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Managing Director, Motive Partners. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. 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. Significant experience across Clearlakes Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. It primarily invests in the industrial and energy sectors, technology and software, and consumer services. Managing Director, Motive Partners +447855910178. The majority of the companies in the funds portfolio are small-cap stocks. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR The consideration of $1.1 billion will be paid in cash, before tax and separation costs. 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 . 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 . The Janus team operates out of several U.S. locations and six locations internationally. By continuing to browse, you hereby agree to the use of cookies. SAM TIDSWELL-NORRISH. 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. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . 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. 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. Quickly find out what the most recently closed or increased positions are. Central Index Key (CIK): 0001688282; It also specializes in the middle and lower . .. 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.