Smart Sand, Inc. Announces Rep - GuruFocus.com The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. Clearlake Capital Group and Motive Partners Acquire BetaNXT Clearlake Capital Group - Recent News & Activity Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. Clearlake Capital Group, L.P. operates as an investment company. 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. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Clearlake Capital Group serves customers in the State of California. 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. 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 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. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. Blackbaud : DA Davidson Adjusts Blackbaud PT to $75 From $56, Maintains Neutra.. President, Chief Executive Officer & Director, CFO, Executive VP-Finance & Administration. 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 shareholder value, the Company operations, governance and control, and other matters related to the Company. 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. Clearlake Capital Group, L.P. is a leading 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. 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. 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 . Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. 3,774,352 additional shares. 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 . Differentiated approach to investing Clearlake Capital Group - Tech Stack, Apps, Patents & Trademarks Jose Mourinho sent-off again as Cremonese finally win a match in Serie 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 . 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. They manage 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 on LinkedIn: #privateequity #investment # This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR Clearlake Capital Group, L.P. completed the acquisition of Intertape But opting out of some of these cookies may affect your browsing experience. Managing Director, Motive Partners. Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. "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. Clearlake Follows Its Chelsea Deal With A $14.1 Billion Buyout - Forbes CLEARLAKE CAPITAL GROUP, L.P. Top 13F Holdings - WhaleWisdom.com The transaction was unanimously approved by Cornerstone's Board of Directors. What Will New Tax Laws Mean For Your Business? The Pennsylvania-based . 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. Clearlake Capital Engages in Discussions with Blackbaud, Inc The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. SAM TIDSWELL-NORRISH. For more information please contact: JENNIFER HURSON. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. For more information, please visitwww.smartsand.com. 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. Quickly find out what the most recently closed or increased positions are. LSEG to divest BETA+ to Clearlake and Motive and enters strategic Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. Managing Director, Motive Partners +447855910178. Clearlake Capital Group LP - Company Profile and News Significant experience across Clearlakes Multiple reports have indicated that voting rights will be split equally between Clearlake and the rest of Boehlys group. 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. . "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. Clearlake Sells Majority Interest in Floworks to Wynnchurch Capital On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. KKR The transaction is expected to close in the second half of 2022. 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 . Clearlake Capital Group, L.p. Buys Holley Inc, Altimeter Growth Corp Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. Clearlake Capital Group to Acquire Unifrax From American Securities investment firm founded in 2006. Cornerstone OnDemand enters definitive agreement to - Clearlake Capital 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. 14% of the total holdings value. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . 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. You also have the option to opt-out of these cookies. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. These cookies will be stored in your browser only with your consent. BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Are Chelsea going to knock down Stamford Bridge? Latest on 1.5 billion Clearlake Capital Group was a net buyer of stock by $498M. Do Not Sell My Personal Data/Privacy Policy. There are currently 7 companies in Mr. Cannons portfolio. 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. SAM TIDSWELL-NORRISH. These cookies will be stored in your browser only with your consent. Blackbaud Inc dropped approximately 0.1% in the past year. It is mandatory to procure user consent prior to running these cookies on your website. Copyright 2023 Surperformance. All rights reserved. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. Clearlake Capital Group, L.p. - SEC Filings - Fintel.io More information is available at www.janusintl.com. 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. It is mandatory to procure user consent prior to running these cookies on your website. 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. 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. 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. var __dcid = __dcid || []; 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. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . Clearlake Capital Group - stockzoa Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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. Shares +10.2% at $1.95 after hours. Clearlake Capital Group | Company Profile | Private Equity International All statements other than statements of historical fact included in this communication are forward-looking statements. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. SND repurchased 5.18 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 . Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. 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. About; . Sports & Betting Group Of The Year: Paul Weiss - Law360 Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Chelsea marks its first foray into pro sports. 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 . The total portfolio value may be much higher due to cash John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. and Apollo Global Management But opting out of some of these cookies may affect your browsing experience. SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . ABOUT CLEARLAKE. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. "Bloomberg Opinion" columnists offer their opinions on issues in the news. Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. Stock Market | FinancialContent Business Page In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. Finally, I want to recognize the accomplishments of the broader Janus team, as I could not be more proud of our management team and employees for consistently executing and offering our customers the best solutions in the industry., This is a tremendous outcome for Janus and Clearlake, and we are confident that Janus will be even better positioned as a public company to continue its impressive trajectory, said Jos E. Feliciano, Chairman of the Janus Board of Directors and Co-Founder and Managing Partner at Clearlake, and Colin Leonard, Partner at Clearlake, in a joint statement. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. 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. Bloomberg reported last month that Blackstone, Apollo and TPG are all offering investors the option to delay commitments to their latest flagship funds until 2023. Delayed London Stock Exchange 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. Smart Sand, Inc. This website uses cookies to improve your experience while you navigate through the website. About Clearlake Capital Group, L.P. Vector Capital will make minority investment at closing. These cookies do not store any personal information. 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. 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. Smart Sand ( NASDAQ: SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. Necessary cookies are absolutely essential for the website to function properly. 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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 and Motive Partners Agree - Fintech Finance 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. Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by We are a fully integrated frac and industrial sand supply and services company. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. Untangling Motive And Clearlake's Median Communications Deal | Wealth The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. acted as financial advisors to Clearlake. the total portfolio value. Understanding the Recent Fluctuations of Smart Sand Inc.'s (SND) Stock Clearlake Capital Group, L.p. Buys Holley Inc, Altimeter Growth Corp 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 . Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. JENNIFER HURSON +1-845-507-0571. Clearlake, though, didnt wait around. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. Recent trades. You also have the option to opt-out of these cookies. In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. BETA, Maxit and Digital Investor will operates as BetaNXT. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The investment fund also strengthened its position in Blackbaud Inc by buying Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. Smart Sand stock jumps 10% after buying Clearlake's entire stake in company
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