(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. Blackbaud : DA Davidson Adjusts Blackbaud PT to $75 From $56, Maintains Neutra.. President, Chief Executive Officer & Director, CFO, Executive VP-Finance & Administration. Delayed London Stock Exchange For more information, visit our Privacy Policy. This category only includes cookies that ensures basic functionalities and security features of the website. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Smart Sand (SND) Announces Repurchase of All Common Stock Owned by 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, 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. MacKenzie will be paid an approximately $25,000 plus expenses. Clearlake Capital Group - LinkedIn Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. 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. 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. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . As a result . You also have the option to opt-out of these cookies. Clearlake Capital Group Announces Senior Promotions and New Additions 2018 Cohesive Capital. Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. that closed in April. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. 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, . We also use third-party cookies that help us analyze and understand how you use this website. 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. Janus, a leading global manufacturer and supplier of turn-key building solutions and new access control technologies for the self-storage and other commercial and industrial sectors, will begin trading on June 8, 2021 on the New York Stock Exchange (NYSE) under the ticker symbol JBI. The transaction is expected to be completed in the second half of 2021. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. For more information, please visitwww.smartsand.com. Shares +10.2% at $1.95 after hours. Clearlake Capital Group, L.p. - SEC Filings - Fintel.io 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 to Acquire Unifrax From American Securities For more information please contact: JENNIFER HURSON. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. This category only includes cookies that ensures basic functionalities and security features of the website. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. The transaction was unanimously approved by Cornerstone's Board of Directors. 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. They manage 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 . and Apollo Global Management Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Announces Repurchase of All Common Stock Owned by Clearlake Capital. But it . 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. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. Founded in 2006 by Jose E. Feliciano and Behdad Eghbali, it now manages some $72 billion in assets, with most of its dealmaking focused on the tech, industrials and consumer sectors. BX Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Now, Mediant's technology will join the three pieces Clearlake and Motive acquired a year ago for $1.1 billion from Refinitiv, a part of the London Stock Exchange Group (at which time a . The Financial Balancing Act Of 2023: Prioritizing Sustainable Growth, 12 Essential Things To Know Before Leveraging Tax Equity Investments, 3 Emerging Trends In Silicon Valley's Unicorn Market, Three Ways To Shore Up Your Risk Management Practices. Qatalyst Partners LP and Centerview Partners LLC acted as financial advisors and fairness opinion provider and Jamie Leigh, Rachel Proffitt, Matt Silverman and Ben Beerle led team and Tracy Rubin, Barbara Mirza, Mischi A Marca, Megan Browdie, Howard Morse, Sarah Lightdale, David Silverman, Todd Gluth, Stella Sarma, Christine Graham, Kevin King, Christopher Kimball, Alexander Israel, Jason Savich, and David Navetta of Cooley LLP acted as legal counsel to Cornerstone. 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. Morgan Stanley (NYSE:MS), Rothschild & Co SCA (ENXTPA:ROTH), JPMorgan Chase & Co. (NYSE:JPM), The Goldman Sachs Group, Inc. (NYSE:GS), BofA Securities, Inc., Barclays PLC (LSE:BARC), Jefferies LLC and William Blair & Company, L.L.C. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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. investment firm founded in 2006. 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. Copyright 2023 Surperformance. Blackbaud Inc dropped approximately 0.1% in the past year. Clearlake Capital Group, L.p. Net Worth (2023) - GuruFocus.com There are currently 7 companies in Mr. Cannons portfolio. The total portfolio value may be much higher due to cash These positions were updated on August 15th based on the funds latest 13F filing. SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . 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 . Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . Recent trades. Clearlake Media Contact - Lambert. The Janus team operates out of several U.S. locations and six locations internationally. APO 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. 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 is a leading investment firm focused on private equity and special situation transactions. The promissory note will mature on December 15, 2023. 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 . +447855910178. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. 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? Forward-looking statements speak only as of the date they are made, and neither Janus nor Juniper is under any obligation, and each of them expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. The Pennsylvania-based . We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. Copyright 2023 Surperformance. 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 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. through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. 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. Clearlake Capital Group, L.P. and Motive Capital Management, LLC By Donald Mazariegos Clearlake Capital Group was a net seller of stock by $-28M. Clearlake Capital Group, L.P. operates as an investment company. 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. 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. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Clearlakes operational improvement approach is O.P.S. Operations. SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . Company profile page for Clearlake Capital Group LP including stock price, company news, press releases, executives, board members, and contact information Moelis & Company LLC is also acting as financial advisor to Juniper. 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.,. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. agreement to acquire the BETA+ assets from London Stock Exchange Group . 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. SEC Filings include 13F quarterly reports, 13D/G events and more. More information is available at www.juniperindustrial.com. 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. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. This is a BETA experience. Quickly find out what the most recently closed or increased positions are. Managing Director, Motive Partners. The average market cap of the portfolio companies is close to $1.94 billion. All rights reserved. The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. SAM TIDSWELL-NORRISH. Central Index Key (CIK): 0001688282; These cookies do not store any personal information. US :BLKB. Smart Sand stock jumps 10% after buying Clearlake's entire stake in company The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. About; . With a sector . 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.
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