The investment fund also strengthened its position in Blackbaud Inc by buying We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. Copyright 2023 Surperformance. 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 shareholder value, the Company operations, governance and control, and other matters related to the Company. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. More information is available at www.janusintl.com. * Investors with a full data subscription can access data for any fund. The average market cap of the portfolio companies is close to $1.94 billion. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. . 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 ). Copyright 2023 Surperformance. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. As a result . 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. 53,999,550 shares of Janus International Group In worth $488 million, Holley Inc worth $28.9 million, with 2,750,000 shares owned, Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million, Blackbaud Inc total 9,751,837 shares worth $566 million. You also have the option to opt-out of these cookies. We are a fully integrated frac and industrial sand supply and services company. . Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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. 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. The transaction was unanimously approved by Cornerstone's Board of Directors. . About Clearlake Capital Group, L.P. Clearlake Media Contact - Lambert. Cornerstone OnDemand, Inc. entered into a Stock Purchase Agreement to acquire SumTotal .. 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. now owns 5,712,300 shares of the technology company's stock worth . You also have the option to opt-out of these cookies. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? LSEG expects to hand a "significant proportion" of the net proceeds to shareholders via a buyback, which would likely start in the third quarter. Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. 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 . Funding. Clearlake Capital Group is a private investment firm founded in 2006. Private equity firms Clearlake Capital Group and Motive Partners acquired BetaNXT from the London Stock Exchange in 2022 and are looking to expand its market presence in the U.S. The firm has offices in Santa Monica and Dallas. Such forward-looking statements are based on the current beliefs of the respective management of Janus and Juniper, based on currently available information, as to the outcome and timing of future events, and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. The transaction is not subject to a financing condition. Differentiated approach to investing Clearlakes operational improvement approach is O.P.S. Operations. 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.. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. jhurson@lambert.com. Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. You also have the option to opt-out of these cookies. Clearlake provided the Company with initial capital in 2012 to begin developing our Oakdale facility and has been a good partner for the Company over the last eleven years.". Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. And with so many firms seeking to raise funds, LPs have plenty of options. acted as financial advisors to Clearlake. All rights reserved. The firm believes that demand is due to the success of its past two funds. Copyright 2023 Surperformance. var __dcid = __dcid || []; 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. 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). Vector Capital will make minority investment at closing. 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, L.P.s portfolio is diversified across 4 sectors. and Apollo Global Management SAM TIDSWELL-NORRISH. 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. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . Stephen C. Daffron, Industry Partner at Motive Partners, named Chairman and Chief Executive Officer, Caroline O'Connell, Industry Partner at Motive Partners, to serve as Chief Administrative Officer, Don Henderson appointed Chief Technology Officer, Tim Rutka as President of BETA, and Michael Pass as President of Maxit and Digital Investor. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. There are currently 7 companies in Mr. Cannons portfolio. 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 . I want to thank Clearlake for its long-term commitment to Smart Sand. 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. By continuing to browse, you hereby agree to the use of cookies. 14% of the total holdings value. Recent trades. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. For more information, visit our Privacy Policy. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. Significant experience across Clearlakes Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. 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. KKR core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. are based in the United States. This represents 12.4 percent ownership of the company. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Announces Repurchase of All Common Stock Owned by Clearlake Capital. 2023 Benzinga.com. 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. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. The largest investments include Blackbaud Inc and Janus International Group In, together worth $1.05 billion. Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. As of 8th August 2022, Clearlake Capital Group, L.P.s top holding is 9,751,837 shares of Blackbaud Inc currently worth over $566 million and making up 37.8% of the portfolio value. Clearlake Capital Group serves customers in the State of California. 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.,. But opting out of some of these cookies may affect your browsing experience. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. Managing Director, Motive Partners. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. The rating was released on June 29, 2021, according to finviz. . 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. It is mandatory to procure user consent prior to running these cookies on your website. 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 a leading investment firm focused on private equity and special situation transactions. BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS All statements other than statements of historical fact included in this communication are forward-looking statements. More information is available at www.juniperindustrial.com. 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.. 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. I write about buyouts, mergers, acquisitions and other dealmaking. JENNIFER HURSON +1-845-507-0571. 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. -, Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manage Content from Anywhere, Cornerstone OnDemand, Inc. 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. Necessary cookies are absolutely essential for the website to function properly. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. Past performance is a poor indicator of future performance. It is mandatory to procure user consent prior to running these cookies on your website. 2018 Cohesive Capital. This data is downloadable for data subscribers. 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. Strategy. var __dcid = __dcid || []; All rights reserved. Clearlake Capital Group, L.P. operates as an investment company. Mehdi Khodadad, Nicholas M. Schwartz, Kristen L. Smith, Matthew B. Walker, Johnny G. Skumpija, Eric Kauffman, Teresa L. Reuter, Peter McCorkell, Rachel D. Kleinberg, Stacy Crosnicker, Marian Fielding, Karen Kazmerzak, Ken Daly, Elizabeth Chen, Sara B. Brody, Craig Francis Dukin, Sven De Knop, Barbara Broussard, Alan Charles Raul, and Scott Williams of Sidley Austin LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to Clearlake in the connection with the acquisition and debt financing. 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