57.1% of the portfolio companies Clearlake Capital 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. Clearlake Capital Group - Tech Stack, Apps, Patents & Trademarks This data is downloadable for data subscribers. All subsequent written and oral forward-looking statements concerning Janus and Juniper, the transaction or other matters and attributable to Janus and Juniper or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. With a sector . Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. Please. Clearlake Capital Group - LinkedIn The average market cap of the portfolio companies is close to $1.94 billion. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. 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. 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. Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. Clearlake Capital Group uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. Announces Repurchase of All Common Stock Owned by Clearlake Capital. 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 . 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. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. 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. 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 2018 Cohesive Capital. 3,774,352 additional shares. We also use third-party cookies that help us analyze and understand how you use this website. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. BX The total portfolio value may be much higher due to cash More information is available at www.clearlake.com and on Twitter @Clearlake. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. 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 . Javascript is disabled or is not supported by your browser. . Clearlake Capital Group, L.P. entered into a definitive agreement to acquire remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) for $3.8 billion on August 5, 2021. Moelis & Company LLC is also acting as financial advisor to Juniper. Fintech Bytes: RBC selects Vestwell, Riskalyze partners with Opto 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. 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). Smart Sand's Financial Position Is Quickly Deteriorating The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. 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, . Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. The stock was Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. 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. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Central Index Key (CIK): 0001688282; But it roughly doubled that size with each of its next three vehicles, climbing to $3.6 billion in 2017 and about $7 billion in 2020. More information is available at www.janusintl.com. Clearlake Capital Group, L.P. entered into a definitive agreement to acquire Intertape Polymer Group Inc. (TSX:ITP) from individual shareholders and others for CAD 2.5 billion on March 7, 2022. Clearlake Capital Group, L.P. completed the acquisition of the As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by The Pennsylvania-based . Understanding the Recent Fluctuations of Smart Sand Inc.'s (SND) Stock SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: 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. Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. -, 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. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. 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.. 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 OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. (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. MacKenzie will be paid an approximately $25,000 plus expenses. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. Clearlake Capital Group Company Profile - Craft 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 Group Closes Sixth Flagship Private Equity - Insider But opting out of some of these cookies may affect your browsing experience. . Are there any attempts to gain ground? Smart Sand Inc. (SND) Stock This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. More information is available at www.juniperindustrial.com. There are currently 7 companies in Mr. Cannons portfolio. Clearlakes operational improvement approach is O.P.S. Operations. Are Chelsea going to knock down Stamford Bridge? Latest on 1.5 billion Quickly find out what the most recently closed or increased positions are. and Apollo Global Management jhurson@lambert.com. Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. You also have the option to opt-out of these cookies. Blackbaud Inc dropped approximately 0.1% in the past year. People. Funding. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Long-term strategic partnership with management to transform and grow companies. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Stock Market | FinancialContent Business Page These cookies will be stored in your browser only with your consent. 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. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. 2018 Cohesive Capital. 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. Clearlake Capital Group - Funding, Financials, Valuation & Investors These cookies will be stored in your browser only with your consent. 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. 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. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . Shares +10.2% at $1.95 after hours. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. About Clearlake. The Juniper team has a robust network of relationships within industrial and investment communities built over 60+ years of combined industry experience, and a deep understanding of industrial trends. 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.. The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Clearlake Capital Group, L.p. Buys Holley Inc, Altimeter Growth Corp 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. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. SEC Filings include 13F quarterly reports, 13D/G events and more. In this episode, hear how Yee introduced Jay Electronica to Jay Z, why she decided to book Eminem for one of his first shows, and how she's expanded her empire to include real estate and a new coffee venture. SND repurchased 5.18 million . All statements other than statements of historical fact included in this communication are forward-looking statements. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. By continuing to browse, you hereby agree to the use of cookies. The deal is subject to regulatory approvals and other customary closing conditions,including theexpiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and certain customer consents. JENNIFER HURSON +1-845-507-0571. 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. This website uses cookies to improve your experience while you navigate through the website. BETA, Maxit and Digital Investor will operates as BetaNXT. 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. /PRNewswire/ -- Clearlake Capital Group, . THE BIGGER PICTURE: A 1.5 billion ($1.8bn) project is said to be in the pipeline, with Todd Boehly and the Blues' Clearlake Capital ownership group ready to press ahead with rebuilding plans.It . In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. 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. * 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). LSEG to divest BETA+ to Clearlake and Motive and enters strategic In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares . ng-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S. The firm's core target sectors are technology, industrials and consumer. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). The transaction is expected to be completed in the second half of 2021. Stocks with a size of more than $100 million in market cap make up 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 majority of the companies in the funds portfolio are small-cap stocks. APO Clearlake Capital Group and Motive Partners Acquire BetaNXT Smart Sand stock jumps 10% after buying Clearlake's entire stake in company Clearlake Capital Group was a net seller of stock by $-28M. We also use third-party cookies that help us analyze and understand how you use this website. A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . I want to thank Clearlake for its long-term commitment to Smart Sand. Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Clearlake is one of several private equity firms to set its sights on pro sports in recent years. Lee BeckelmanPhone: (281) 231-2660Email: lbeckelman@smartsand.com. Clearlake Capital Group, L.P. will pay $57.5 per share in cash. 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. 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. 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. Cornerstone OnDemand, Inc. acquired EdCast Inc. It is mandatory to procure user consent prior to running these cookies on your website. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. 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 . About Clearlake Capital Group, L.P.