investment firm founded in 2006. 2023 Benzinga.com. /PRNewswire/ -- Clearlake Capital Group, . These cookies will be stored in your browser only with your consent. The rating was released on June 29, 2021, according to finviz. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. $1.5 billion and $1.5 billion respectively. Moelis & Company LLC is also acting as financial advisor to Juniper. "Bloomberg Opinion" columnists offer their opinions on issues in the news. 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. 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. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. 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.. SEC Filings include 13F quarterly reports, 13D/G events and more. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. This leaves the value of the investment at $16.4 million and 8,200,204 shares. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. We are a fully integrated frac and industrial sand supply and services company. For more information, visit our Privacy Policy. 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 . It is mandatory to procure user consent prior to running these cookies on your website. SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . 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. 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. 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? Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . 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. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . the total portfolio value. 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.. .. 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. 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.". 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 data is downloadable for data subscribers. Delayed London Stock Exchange 3,774,352 additional shares. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. 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. Stocks with a size of more than $100 million in market cap make up Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. 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 For more information, please visitwww.smartsand.com. The Janus team operates out of several U.S. locations and six locations internationally. 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 Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. London Stock Exchange Group plc ("LSEG") today announces it has agreed to divest BETA, Maxit and Digital Investor (collectively "BETA+") to affiliates of Clearlake Capital Group L.P ("Clearlake") and Motive Partners ("Motive") for a total cash consideration of $1,100 million ("the Transaction"), before tax and separation costs. OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. For more information, visit our Privacy Policy. Announces Repurchase of All Common Stock Owned by Clearlake Capital. In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares . Clearlake Capital Group has raised 1 round. Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS It is mandatory to procure user consent prior to running these cookies on your website. 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. These include Viewport Meta , IPhone / Mobile Compatible , and SPF. 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 . 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 . For more information please contact: JENNIFER HURSON. Please. The Company invests and focuses on private equity, communications, health care, and industrial companies. With a sector . 2018 Cohesive Capital. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. 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. Clearlake Media Contact. These cookies do not store any personal information. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. var __dcid = __dcid || []; SND repurchased 5.18 million . Company profile page for Clearlake Capital Group LP including stock price, company news, press releases, executives, board members, and contact information Clearlake Capital Group, L.P. ("Clearlake") and Motive Partners ("Motive" and collectively, the "Sponsors"), today announced that they have entered into a definitive agreement to acquire the BETA+ assets from London Stock Exchange Group ("LSEG"), which encompasses the assets of BETA (securities processing, custody, clearing, and asset servicing technology), Maxit (cost and tax . AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. They manage Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Clearlake Capital Group serves customers in the State of California. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. . 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. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. Clearlake Media Contact - Lambert. Currently, their heaviest sector is Technology making up 61.9% of The majority of the companies in the funds portfolio are small-cap stocks. 14% of the total holdings value. Necessary cookies are absolutely essential for the website to function properly. Clearlake Capital Group is funded by 3 investors. We also offer proppant logistics solutions to our customers through our in-basin transloading terminals and our SmartSystemswellsite storage capabilities. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. This category only includes cookies that ensures basic functionalities and security features of the website. APO 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.. This category only includes cookies that ensures basic functionalities and security features of the website. * Investors with a full data subscription can access data for any fund. There are currently 7 companies in Mr. Cannons portfolio. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. End-of-day quote Nasdaq 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. * 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). All rights reserved. are based in the United States. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. 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. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. The firm has offices in Santa Monica and Dallas. Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. The average market cap of the portfolio companies is close to $1.94 billion. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. It primarily invests in the industrial and energy sectors, technology and software, and consumer services. All rights reserved. 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. 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. These positions were updated on August 15th based on the funds latest 13F filing. This was a Private Equity round raised on May 29, 2018. Clearlake acquired Janus in 2018, and the Company has grown tremendously over the last several years, introducing numerous new software-based access control technologies and acquiring several critical accretive business lines. LSEG expects to hand a "significant proportion" of the net proceeds to shareholders via a buyback, which would likely start in the third quarter. This weeks new fund blew past an initial target of $10 billion. Cornerstone has agreed to pay Centerview an aggregate fee of $24 million, $4 million of which was payable upon the rendering of Centerview's opinion and the remainder of which is payable contingent upon consummation of the Transaction. The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. var __dcid = __dcid || []; Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. Spencer Klein of Morrison & Foerster as legal advisor to Qatalyst Partners LP and Centerview Partners LLC. All rights reserved. The transaction has an enterprise value of approximately $5.2 billion. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. Clearlake is a leading private Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . US :BLKB. Clearlake Capital Group. Both Feliciano and Eghbali have a current net worth of $3.4 billion, according to Forbes, placing them among the worlds 1,000 wealthiest people. The firm's core target sectors are technology, industrials, and consumer. The Firm invests in both private and public transactions. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". 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. 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 Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. Funding. SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: Clearlake is one of several private equity firms to set its sights on pro sports in recent years. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. Shares +10.2% at $1.95 after hours. 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. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. You also have the option to opt-out of these cookies. Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. Past performance is a poor indicator of future performance. -, Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manage Content from Anywhere, Cornerstone OnDemand, Inc. Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . KKR 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 Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics 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 . Benzinga does not provide investment advice. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. . 57.1% of the portfolio companies In no event shall stockzoa.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content available on stockzoa.com, or relating to the use of, or inability to use, stockzoa.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. 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