clearlake capital group stock

-, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Quickly find out what the most recently closed or increased positions are. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. 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. We are a fully integrated frac and industrial sand supply and services company. By clicking the button below, your credit card will be charged $24.00 USD (one time) and you'll have access to all Clearlake Capital Group data for 90 days. The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. With a sector . Smart Sand, Inc. But opting out of some of these cookies may affect your browsing experience. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. 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 . sam@motivepartners.com . Funding. * 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). The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. 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. All rights reserved. Please. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); The transaction is not subject to a financing condition. 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. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. The transaction is expected to be completed in the second half of 2021. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. The investment fund also strengthened its position in Blackbaud Inc by buying 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. You may opt-out by. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. and Apollo Global Management For more information please contact: JENNIFER HURSON. 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). Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. the total portfolio value. This category only includes cookies that ensures basic functionalities and security features of the website. jhurson@lambert.com. 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. You also have the option to opt-out of these cookies. 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. acquired EdCast Inc. This was a Private Equity round raised on May 29, 2018. Clearlake Capital Group, L.P. operates as an investment company. More information is available at www.juniperindustrial.com. 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. 2018 Cohesive Capital. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. "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. /PRNewswire/ -- Clearlake Capital Group, . 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 ). Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. This is a BETA experience. Copyright 2023 Surperformance. 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. This category only includes cookies that ensures basic functionalities and security features of the website. 57.1% of the portfolio companies Morgan Stanley & Co. LLC is acting as financial advisor to Janus. 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.,. 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. 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. "Bloomberg Opinion" columnists offer their opinions on issues in the news. With a sector-focused approach, the . 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. Clearlake Capital Group is funded by 3 investors. 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 Capital Group, L.p. initiated holding in Altimeter Growth Corp. It is mandatory to procure user consent prior to running these cookies on your website. 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.. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. 2023 Benzinga.com. Clearlakes operational improvement approach is O.P.S. Operations. Necessary cookies are absolutely essential for the website to function properly. * Investors with a full data subscription can access data for any fund. This represents 12.4 percent ownership of the company. Differentiated approach to investing 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. You also have the option to opt-out of these cookies. MacKenzie will be paid an approximately $25,000 plus expenses. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. Clearlake Capital Group. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. BETA, Maxit and Digital Investor will operates as BetaNXT. The total portfolio value may be much higher due to cash For more information, visit our Privacy Policy. This website uses cookies to improve your experience while you navigate through the website. 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. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in Blackbaud Inc dropped approximately 0.1% in the past year. For more information, visit our Privacy Policy. BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS 14% of the total holdings value. Do Not Sell My Personal Data/Privacy Policy. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. More information is available at www.janusintl.com. ABOUT CLEARLAKE. 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. LSEG expects to hand a "significant proportion" of the net proceeds to shareholders via a buyback, which would likely start in the third quarter.

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