We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. 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. JENNIFER HURSON +1-845-507-0571. Copyright 2023 Surperformance. The total portfolio value may be much higher due to cash We are a fully integrated frac and industrial sand supply and services company. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. 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). We are fortunate to have had Clearlakes support and their technology and building products expertise over the last several years as we built new software-based solutions and closed on several accretive acquisitions. Delayed London Stock Exchange Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. This website uses cookies to improve your experience while you navigate through the website. The transaction has an enterprise value of approximately $5.2 billion. 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 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 . BETA, Maxit and Digital Investor will operates as BetaNXT. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. 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. 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. .. 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. 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. 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. This was a Private Equity round raised on May 29, 2018. By continuing to browse, you hereby agree to the use of cookies. Strategy. 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 . +1-845-507-0571. APO The fund focuses on investments in the United States as BX Clearlake Capital Group, L.P. and Motive Capital Management, LLC entered into a definitive agreement to acquire BETA, Maxit and Digital Investor assets from London Stock Exchange Group plc (LSE:LSEG) for $1.1 billion on March 21, 2022. 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. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. 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. 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. Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. 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 Media Contact. (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. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. 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. Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. All rights reserved. You also have the option to opt-out of these cookies. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . (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. 2022-02-14 20:23. In addition to factors previously disclosed in Juniper and Januss reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (i) the effect of the merger on Januss business relationships, operating results, and business generally; (ii) failure to realize the benefits expected from the transaction; (iii) risks that the merger disrupts Januss current plans and operations and potential difficulties in Januss employee retention as a result of the merger; (iv) the effects of pending and future legislation; (v) risks related to disruption of management time from ongoing business operations due to the transaction; (vi) the amount of the costs, fees, expenses and other charges related to the merger; (vii) risks of the self-storage industry; (viii) the highly competitive nature of the self-storage industry and Januss ability to compete therein; (ix) litigation, complaints, and/or adverse publicity; (x) the ability to meet NYSEs continued listing standards following the consummation of the transaction and (xi) cyber incidents or directed attacks that could result in information theft, data corruption, operational disruption and/or financial loss. Clearlake Media Contact - Lambert. 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. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. 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.. 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. Copyright 2023 Surperformance. ABOUT CLEARLAKE. 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. Clearlake is one of several private equity firms to set its sights on pro sports in recent years. The Janus team operates out of several U.S. locations and six locations internationally. -, 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. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. 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. Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); 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. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. They manage Clearlake Capital Group. Clearlake Capital Group is funded by 3 investors. All rights reserved. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. agreement to acquire the BETA+ assets from London Stock Exchange Group . 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 . 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 . Funding. -, Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manage Content from Anywhere, Cornerstone OnDemand, Inc. Stocks with a size of more than $100 million in market cap make up Landmark Partners and Goldman Sachs Asset Management are the most recent investors. The firm's core target sectors are technology, industrials, and consumer. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Clearlake is a leading private 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 . 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. 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 . These cookies will be stored in your browser only with your consent. More information is available at www.clearlake.com and on Twitter @Clearlake. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. 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. ("Clearlake"), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, today announced several . Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. 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. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. 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 . End-of-day quote Nasdaq Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. We also use third-party cookies that help us analyze and understand how you use this website. 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. Past performance is a poor indicator of future performance. 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 . In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares . 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.
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