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/PRNewswire/ -- Clearlake Capital Group, . John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Recent trades. Blackbaud Inc dropped approximately 0.1% in the past year. 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. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. 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. We could not be more excited that Ramey and the broader Janus and Clearlake teams are our partners here, and we look forward to leveraging our teams decades of industrial and access control experience to support Janus strategic vision.. It primarily invests in the industrial and energy sectors, technology and software, and consumer services. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. 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). Smart Sand, Inc. investment firm founded in 2006. 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 . Clearlake Capital Group serves customers in the State of California. The firm's core target sectors are technology, industrials, and consumer. 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. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. And with so many firms seeking to raise funds, LPs have plenty of options. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Currently, their heaviest sector is Technology making up 61.9% of Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. Moelis & Company LLC is also acting as financial advisor to Juniper. that closed in April. 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 has $1.5B in assets under management (AUM), dropping by 43.70%. 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.. 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. By continuing to browse, you hereby agree to the use of cookies. Vector Capital will make minority investment at closing. 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. 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, L.P. is an investment fund managing more than $1.5 billion ran by John Cannon. Company profile page for Clearlake Capital Group LP including stock price, company news, press releases, executives, board members, and contact information Landmark Partners and Goldman Sachs Asset Management are the most recent investors. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. 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. +447855910178. Clearlake Capital Group has raised 1 round. 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. These positions were updated on August 15th based on the funds latest 13F filing. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. 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 . 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. 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. 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. By Donald Mazariegos The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. 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 . For more information, please visitwww.smartsand.com. Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. We also use third-party cookies that help us analyze and understand how you use this website. 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. -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS 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. 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. 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. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. (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. (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 . 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. The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. BETA, Maxit and Digital Investor will operates as BetaNXT. 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 . Clearlake Media Contact. US :BLKB. This data is downloadable for data subscribers. 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. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Clearlake Capital Group uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. 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. Significant experience across Clearlakes Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. Clearlake is one of several private equity firms to set its sights on pro sports in recent years. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. Clearlake Capital Group was a net seller of stock by $-28M. Central Index Key (CIK): 0001688282; through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. SEC Filings include 13F quarterly reports, 13D/G events and more. The total portfolio value may be much higher due to cash ng-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S. The firm's core target sectors are technology, industrials and consumer. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Chelsea marks its first foray into pro sports. 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. All rights reserved. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. . 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. 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. 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 . Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. We also use third-party cookies that help us analyze and understand how you use this website. We also use third-party cookies that help us analyze and understand how you use this website. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. Blackbaud Inc dropped approximately 0.1% in the past year. 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. All rights reserved. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . End-of-day quote Nasdaq But it . Clearlake Capital Group. These cookies do not store any personal information. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR Clearlake Media Contact - Lambert. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. agreement to acquire the BETA+ assets from London Stock Exchange Group . 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. . Javascript is disabled or is not supported by your browser. 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. LSEG expects to hand a "significant proportion" of the net proceeds to shareholders via a buyback, which would likely start in the third quarter. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. 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. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. (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. This is a BETA experience. In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares . Now, the Santa Monica-based buyout firm has closed its biggest fund yet. Morrison & Foerster LLP acted as legal advisor to Centerview Partners and Qatalyst Partners. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Managing Director, Motive Partners +447855910178. 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. 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. 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. About Clearlake Capital Group, L.P. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. 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. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. 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. 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 . This website uses cookies to improve your experience while you navigate through the website. June 7, 2021 Clearlakes operational improvement approach is O.P.S. Operations. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 2018 Cohesive Capital. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. Clearlake Capital Group, L.P. will pay $57.5 per share in cash. What Will New Tax Laws Mean For Your Business? All rights reserved. The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. . You may opt-out by. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. About Clearlake. Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. The firm believes that demand is due to the success of its past two funds. Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. More information is available at www.janusintl.com. 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. Do Not Sell My Personal Data/Privacy Policy. For more information please contact: JENNIFER HURSON. 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. jhurson@lambert.com . As a result of the transaction, Cornerstone is now a privately held company and . Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. 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