AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . 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. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. I write about buyouts, mergers, acquisitions and other dealmaking. (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 investment fund also strengthened its position in Blackbaud Inc by buying Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. The formal close comes about two weeks after Clearlake agreed to buy a major stake in Chelsea FC as part of a high-profile auction for the West London soccer club. SAM TIDSWELL-NORRISH. This data is downloadable for data subscribers. Lee BeckelmanPhone: (281) 231-2660Email: lbeckelman@smartsand.com. A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. The largest investments include Blackbaud Inc and Janus International Group In, together worth $1.05 billion. This is a BETA experience. The transaction is expected to be completed in the second half of 2021. 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. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. All statements other than statements of historical fact included in this communication are forward-looking statements. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in The estimated net worth of Clearlake Capital Group, L.p. is at least $27 Million dollars as of 2023-02-28. Cornerstone OnDemand, Inc. acquired EdCast Inc. Appointment Signals a Continued Focus on Driving Growth and Impact. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. Necessary cookies are absolutely essential for the website to function properly. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. 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. 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. 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. (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. These cookies do not store any personal information. Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. 14% of the total holdings value. More information is available at www.juniperindustrial.com. 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. And its already been busy putting its new pool of capital to work. End-of-day quote Nasdaq 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. 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. This category only includes cookies that ensures basic functionalities and security features of the website. 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. Differentiated approach to investing All rights reserved. (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. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. 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 uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. Central Index Key (CIK): 0001688282; About; . These cookies will be stored in your browser only with your consent. The promissory note will mature on December 15, 2023. The rating was released on June 29, 2021, according to finviz. About Clearlake. Smart Sand, Inc. (NASDAQ: SND) (the Company) announced today that it has repurchased 5.18 million shares of the Companys common stock (the Shares) from Clearlake Capital Partners II (Master), L.P.,. 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.. Necessary cookies are absolutely essential for the website to function properly. 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. This represents 12.4 percent ownership of the company. Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth . 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. All rights reserved. Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . SND repurchased 5.18 million . SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . 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 . Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. This category only includes cookies that ensures basic functionalities and security features of the website. Transaction builds on firm's end-to-end wealth solutions software platform, adds investor communications and proxy solutions BetaNXT, a provider of wealth management infrastructure software with . 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. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Currently, their heaviest sector is Technology making up 61.9% of Clearlake Media Contact. Delayed Nasdaq 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 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 Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. +447855910178. * Investors with a full data subscription can access data for any fund. Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. Clearlake Capital Group, L.p. has filed a 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 5,977,485 shares of Blackbaud, Inc. ( BLKB ). The Janus team operates out of several U.S. locations and six locations internationally. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. 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. the total portfolio value. 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. KKR They manage 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. 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. Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. Clearlake is a leading private In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. 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. Significant experience across Clearlakes The firm's core target sectors are technology, industrials, and consumer. It is mandatory to procure user consent prior to running these cookies on your website. 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. 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 . APO Clearlake Capital Group, L.P. operates as an investment company. For more information, visit our Privacy Policy. Musk Made a Mess at Twitter. By continuing to browse, you hereby agree to the use of cookies. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. . . 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. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. 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, . and Apollo Global Management 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 . The stock was Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. It sold the previously owned 5,511,703 shares for $316 million. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. 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 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. In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares . 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. 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. 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. 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 Media Contact - Lambert. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); jhurson@lambert.com . With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. By continuing to browse, you hereby agree to the use of cookies. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. Necessary cookies are absolutely essential for the website to function properly. 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. All rights reserved.
Aurora Theatre Auditions,
Willmar, Mn Accident Reports,
Ford Modular Engine Performance Parts,
Lavinia Norcross Dickinson Cause Of Death,
Lewis G Bishop Obituary Santa Barbara,
Articles C