Shares +10.2% at $1.95 after hours. (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. Mark Partin Sells 10,000 Shares of BlackLine, Inc. (NASDAQ:BL) Stock Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth . Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. APO Clearlake Capital Group Company Profile - Craft Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. 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. The stock is now traded at . Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. I write about buyouts, mergers, acquisitions and other dealmaking. Clearlakes operational improvement approach is O.P.S. Operations. Moelis & Company LLC is also acting as financial advisor to Juniper. "Bloomberg Opinion" columnists offer their opinions on issues in the news. You also have the option to opt-out of these cookies. Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. We are equally as excited to welcome the Juniper team who I view as the perfect partners to help us and Clearlake drive the next chapter of growth for our company. By Donald Mazariegos Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". All rights reserved. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Please. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. People. Clearlake Capital Group - Recent News & Activity 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, 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 was a net seller of stock by $-28M. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Here is the complete portfolio . As a result of the transaction, Cornerstone is now a privately held company and . Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by Clearlake Media Contact - Lambert. 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. Intermediate Capital : The group going all in on single-asset Now, the Santa Monica-based buyout firm has closed its biggest fund yet. Chelsea marks its first foray into pro sports. 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. 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. But opting out of some of these cookies may affect your browsing experience. Endurance International Group Announces Agreement to be I want to thank Clearlake for its long-term commitment to Smart Sand. 2018 Cohesive Capital. Past performance is a poor indicator of future performance. Clearlake Capital Group, L.P. 13F annual report - wallmine Smart Sand stock jumps 10% after buying Clearlake's entire stake in company Clearlake Capital Group, L.P. is an investment fund managing more than $1.5 billion ran by John Cannon. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. But it . All rights reserved. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); By continuing to browse, you hereby agree to the use of cookies. 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.,. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Blackbaud Guides For Full Year 2023 EPS of $3.30-$3.60 on Revenue of $1.08-$1.11 Billio.. Earnings Flash (BLKB) BLACKBAUD Posts Q4 EPS $0.68, vs. Street Est of $0.60, Stifel Nicolaus Adjusts Blackbaud Price Target to $70 From $85, Maintains Hold Rating. 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, . The Company invests and focuses on private equity, communications, health care, and industrial companies. Finally, I want to recognize the accomplishments of the broader Janus team, as I could not be more proud of our management team and employees for consistently executing and offering our customers the best solutions in the industry., This is a tremendous outcome for Janus and Clearlake, and we are confident that Janus will be even better positioned as a public company to continue its impressive trajectory, said Jos E. Feliciano, Chairman of the Janus Board of Directors and Co-Founder and Managing Partner at Clearlake, and Colin Leonard, Partner at Clearlake, in a joint statement. 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. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . We also use third-party cookies that help us analyze and understand how you use this website. Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. Copyright 2023 Surperformance. The transaction is expected to be completed in the second half of 2021. Necessary cookies are absolutely essential for the website to function properly. More information is available at www.janusintl.com. These cookies do not store any personal information. Necessary cookies are absolutely essential for the website to function properly. These cookies do not store any personal information. Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . Managing Director, Motive Partners. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. 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. 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. 2018 Cohesive Capital. Smart Sand stock jumps 10% after buying Clearlake's entire stake in company We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. But opting out of some of these cookies may affect your browsing experience. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics 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. The transaction was unanimously approved by Cornerstone's Board of Directors. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. It is mandatory to procure user consent prior to running these cookies on your website. Clearlake Capital Group LP - Company Profile and News MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. Blackbaud : DA Davidson Adjusts Blackbaud PT to $75 From $56, Maintains Neutra.. President, Chief Executive Officer & Director, CFO, Executive VP-Finance & Administration. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. . Shares +10.2% at $1.95 after hours. The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. jhurson@lambert.com . Fintech Bytes: RBC selects Vestwell, Riskalyze partners with Opto Clearlake is a leading private Blackbaud Inc dropped approximately 0.1% in the past year. agreement to acquire the BETA+ assets from London Stock Exchange Group . 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 has raised a total of $30.8B across 8 funds, their latest being Clearlake . They manage 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. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. 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 . 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. $1.5 billion and $1.5 billion respectively. Blackbaud Inc dropped approximately 0.1% in the past year. We are a fully integrated frac and industrial sand supply and services company. Clearlake Follows Its Chelsea Deal With A $14.1 Billion Buyout - Forbes On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. Smart Sand, Inc. We own and operate premium Northern White sand mines and related processing facilities in Wisconsin and Illinois, which have direct access to four Class I rail lines, allowing us to deliver products substantially anywhere in the United States and Canada. 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.. 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. Clearlake Capital Group - Tech Stack, Apps, Patents & Trademarks Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. 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). Clearlake Media Contact. 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. This category only includes cookies that ensures basic functionalities and security features of the website. Recent trades. . core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. and Apollo Global Management -, SoftBank snub shows London risks losing its listings lustre, London Stock Exchange urges rapid UK reforms after Arm's snub, HSBC issues USD150.0 million senior unsecured notes due 2036, Ireland's Cairn Homes Launches EUR40 Million Share Buyback, Norges Bank - Form 8.3 - Horizon Therapeutics Plc, Citigroup cuts Admiral; Jefferies likes PPHE, SoftBank's Arm rebuffs London by choosing U.S. listing, Standard Chartered Buys Back 2.7 Million Shares, Metal Tiger to delist from AIM, to maintain trading on ASX, Citigroup cuts Persimmon; HSBC raises Asos, Goldman Sachs Trims London Stock Exchange PT, Maintains Buy Rating, Group Chief Executive Officer & Executive Director. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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. All rights reserved. With a sector-focused approach, the . Clearlake Capital and Motive Partners Agree to Acquire BETA+ from

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