Multiple reports have indicated that voting rights will be split equally between Clearlake and the rest of Boehlys group. Past performance is a poor indicator of future performance. Clearlake Capital Group, L.p. is the Director, 10% Owner of Janus International Group Inc and owns about 1,693,600 shares of Janus International Group Inc (JBI) stock worth over $18 Million.Clearlake Capital Group, L.p. is also the Director, 10% Owner of Smart Sand Inc and owns about . in a $2 billion cash-and-stock sale to Penn National Gaming Inc. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. With a sector . And its already been busy putting its new pool of capital to work. But opting out of some of these cookies may affect your browsing experience. Clearlake, though, didnt wait around. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. The promissory note will mature on December 15, 2023. The transaction is expected to be completed in the second half of 2021. Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. 2022-02-14 20:23. When 2022 began, there was talk that it could be a record-setting year for private equity fundraising, with firms seeking to refill their coffers after a spending spree for the ages in 2021. 2023 Benzinga.com. The transaction is expected to close in the second half of 2022. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. The Pennsylvania-based . For more information, please visitwww.smartsand.com. All rights reserved. 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. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. This website uses cookies to improve your experience while you navigate through the website. /PRNewswire/ -- Clearlake Capital Group, . SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . Blackbaud Inc dropped approximately 0.1% in the past year. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. Cornerstone OnDemand, Inc. entered into a Stock Purchase Agreement to acquire SumTotal .. jhurson@lambert.com. Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. 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. These cookies will be stored in your browser only with your consent. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. We also use third-party cookies that help us analyze and understand how you use this website. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. In May 2022, Clearlake announced the final closing of its seventh flagship private equity fund with more than $14.1 billion in commitments, against a $10 . 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 Clearlakes operational improvement approach, O.P.S. The firms core target sectors are industrials, technology and consumer. BETA, Maxit and Digital Investor will operates as BetaNXT. This represents 12.4 percent ownership of the company. 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. All rights reserved. People. 2018 Cohesive Capital. Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . Clearlake Capital Group was a net seller of stock by $-28M. 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. BETA, Maxit and Digital Investor will operates as BetaNXT. Musk Made a Mess at Twitter. In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. Clearlake Capital Group, L.P. operates as an investment company. Funding. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. 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 . You also have the option to opt-out of these cookies. This was a Private Equity round raised on May 29, 2018. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. 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. The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. 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. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. For more information, visit our Privacy Policy. The Company invests and focuses on private equity, communications, health care, and industrial companies. We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. 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 . SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: For more information, visit our Privacy Policy. 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. BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS . Clearlake Capital Group has raised 1 round. All rights reserved. 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, 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 . Clearlake Capital Group was a net buyer of stock by $498M. We also use third-party cookies that help us analyze and understand how you use this website. Moelis & Company LLC is also acting as financial advisor to Juniper. Clearlake provided much of the financing for a victorious group led by billionaire Todd Boehly, with Sky News reporting the firm will own about 60% of the teams shares. are based in the United States. 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 claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. Blackbaud Inc dropped approximately 0.1% in the past year. It sold the previously owned 5,511,703 shares for $316 million. Managing Director, Motive Partners +447855910178. Necessary cookies are absolutely essential for the website to function properly. By continuing to browse, you hereby agree to the use of cookies. All statements other than statements of historical fact included in this communication are forward-looking statements. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. 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 ). Will His AI Plans Be Any Different? Copyright 2023 Surperformance. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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 . Differentiated approach to investing 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. 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.. But opting out of some of these cookies may affect your browsing experience. The group has backed some of the largest and highest-profile single-asset continuation funds in recent years, including writing a 500 million cheque for a process involving nuclear medicine company Curium Pharma, managed by CapVest; investing $1 billion in a process on software company DigiCert, managed by Clearlake Capital; underwriting . SAM TIDSWELL-NORRISH. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. 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.. +447855910178. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D Under the Securities Exchange Act of 1934 Janus International Group, Inc. (Name of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securities) 47103N106 (CUSIP Number) John Cannon c/o Clearlake Capital Group, L.P. 233 Wilshire Blvd, Suite . Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. 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. The stock is now traded at . Please. . investment firm founded in 2006. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. 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. 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. 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. The majority of the companies in the funds portfolio are small-cap stocks. It is mandatory to procure user consent prior to running these cookies on your website. . Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. These cookies do not store any personal information. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. Delayed London Stock Exchange Shares +10.2% at $1.95 after hours. OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. Shares +10.2% at $1.95 after hours. 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. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. These include Viewport Meta , IPhone / Mobile Compatible , and SPF. Necessary cookies are absolutely essential for the website to function properly. ABOUT CLEARLAKE. Benzinga does not provide investment advice. Certain statements in this communication may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. 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 average market cap of the portfolio companies is close to $1.94 billion. Managing Director, Motive Partners. Lee BeckelmanPhone: (281) 231-2660Email: lbeckelman@smartsand.com. sam@motivepartners.com . The Shares represent all of the common stock owned by Clearlake and approximately 11.3% of the outstanding shares of the Company's common stock immediately prior to the purchase. The Firm invests in both private and public transactions. The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. 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. 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. 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. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics By continuing to browse, you hereby agree to the use of cookies. 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 . 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. * Investors with a full data subscription can access data for any fund. 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 . 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 . All rights reserved. 2018 Cohesive Capital. These cookies do not store any personal information. Company profile page for Clearlake Capital Group LP including stock price, company news, press releases, executives, board members, and contact information 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.