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Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. The largest investments include Blackbaud Inc and Janus International Group In, together worth $1.05 billion. Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. [email protected]. The firm has offices in Santa Monica and Dallas. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. 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. A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . Currently, their heaviest sector is Technology making up 61.9% of Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. By continuing to browse, you hereby agree to the use of cookies. SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. 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. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. MacKenzie will be paid an approximately $25,000 plus expenses. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. 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. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. They manage -, Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manage Content from Anywhere, Cornerstone OnDemand, Inc. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. 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. With a sector . Clearlake is a leading private J.P. Morgan, BofA Securities, Ares, Golub, Antares, Barclays, Blue Owl, BMO Capital Markets, BNP Paribas, Credit Suisse, Goldman Sachs and Jefferies are providing the debt financing for the transaction. The average market cap of the portfolio companies is close to $1.94 billion. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. 2018 Cohesive Capital. This represents 12.4 percent ownership of the company. 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. BX Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. By continuing to browse, you hereby agree to the use of cookies. (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. 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 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. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. About Clearlake. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. People. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. that closed in April. You may opt-out by. 2023 Benzinga.com. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. 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. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . Upon completion of the transaction, Cornerstone will become a private company and shares of Cornerstone common stock will no longer be listed on any public market. But opting out of some of these cookies may affect your browsing experience. The estimated net worth of Clearlake Capital Group, L.p. is at least $27 Million dollars as of 2023-02-28. This leaves the value of the investment at $16.4 million and 8,200,204 shares. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in It sold the previously owned 5,511,703 shares for $316 million. 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. We produce low-cost, high quality Northern White sand, which is a premium sand used as proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells and for a variety of industrial applications. Please. For more information, visit our Privacy Policy. 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. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. 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 . Shares +10.2% at $1.95 after hours. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. * Investors with a full data subscription can access data for any fund. More information is available at www.juniperindustrial.com. OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics Cornerstone OnDemand, Inc. acquired EdCast Inc. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. Shares +10.2% at $1.95 after hours. 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. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. The Pennsylvania-based . 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. This category only includes cookies that ensures basic functionalities and security features of the website. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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.. 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. This category only includes cookies that ensures basic functionalities and security features of the website. It primarily invests in the industrial and energy sectors, technology and software, and consumer services. The firm has deployed its seventh fund for a $2.6 billion takeover of Intertape Polymer Group, a reported $5.4 billion acquisition of Quest Software and a half-dozen other deals to date. Moelis & Company LLC is also acting as financial advisor to Juniper. 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 . 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. SND repurchased 5.18 million . 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 . 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? . In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. 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. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. The transaction is not subject to a financing condition. 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 . Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. .. 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. 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. are based in the United States. * 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). These cookies do not store any personal information. This category only includes cookies that ensures basic functionalities and security features of the website. 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 . About; . But the tides have turned. 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 . These positions were updated on August 15th based on the funds latest 13F filing. Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. For more information please contact: JENNIFER HURSON. But it . The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. 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. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. Past performance is a poor indicator of future performance. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. 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. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". These cookies will be stored in your browser only with your consent. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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. The Company invests and focuses on private equity, communications, health care, and industrial companies. 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. Funding. 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. Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Vivek K Chandy, Shafaq Sapre, Kumarmanglam Vijay, Shareen Gupta, Karthik BM, Vaibhav Choukse, Anjana Potti and Preetha S of J. Sagar Associates acted as legal advisor to Clearlake Capital Group, L.P. and Motive Capital Management, LLC on the Indian leg of their acquisition of BETA+ assets from Refinitiv India, a London Stock Exchange Group company. 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 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. But opting out of some of these cookies may affect your browsing experience. Javascript is disabled or is not supported by your browser. Clearlake Capital Group serves customers in the State of California. The majority of the companies in the funds portfolio are small-cap stocks. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. For more information, visit our Privacy Policy. And its already been busy putting its new pool of capital to work. These cookies will be stored in your browser only with your consent. The transaction is expected to close in the second half of 2022. 14% of the total holdings value. 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 . Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. 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 . June 7, 2021 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. I write about buyouts, mergers, acquisitions and other dealmaking. Managing Director, Motive Partners. BETA, Maxit and Digital Investor will operates as BetaNXT. 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. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. Will His AI Plans Be Any Different? Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . The firm believes that demand is due to the success of its past two funds. The investment fund also strengthened its position in Blackbaud Inc by buying After this action, CLEARLAKE CAPITAL GROUP, L.P. now owns 5,175,688 shares of Smart Sand Inc., valued at $3,459,116 using the latest closing price. Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. By continuing to browse, you hereby agree to the use of cookies. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. These cookies do not store any personal information. 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. 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. 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. All rights reserved. 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. JENNIFER HURSON +1-845-507-0571. APO the total portfolio value. 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.. 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 weeks new fund blew past an initial target of $10 billion. [email protected] . 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. We are a fully integrated frac and industrial sand supply and services company. Necessary cookies are absolutely essential for the website to function properly. As a result . __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); 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 . About Clearlake Capital Group, L.P. Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. It is mandatory to procure user consent prior to running these cookies on your website. Landmark Partners and Goldman Sachs Asset Management are the most recent investors. You also have the option to opt-out of these cookies. Copyright 2023 Surperformance. Stocks with a size of more than $100 million in market cap make up 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. Central Index Key (CIK): 0001688282; This website uses cookies to improve your experience while you navigate through the website. 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. The transaction has an enterprise value of approximately $5.2 billion. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. ABOUT CLEARLAKE. 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 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. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. . SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . 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. 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. Clearlake Capital Group has raised 1 round. -, 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. [email protected] . Clearlake Capital Group, L.P. is an investment fund managing more than $1.5 billion ran by John Cannon. BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS The Clearlake and Motive were advised by Wells Fargo as exclusive financial advisor, Sidley Austin LLP as legal counsel, Deloitte as accounting, tax, carveout and human resources counsel, BCG as commercial advisor, and Motive Create for technical due diligence.