This leaves the value of the investment at $16.4 million and 8,200,204 shares. All statements other than statements of historical fact included in this communication are forward-looking statements. Shares +10.2% at $1.95 after hours. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies will be stored in your browser only with your consent. By continuing to browse, you hereby agree to the use of cookies. the total portfolio value. 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. What Will New Tax Laws Mean For Your Business? 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 . Recent trades. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. (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. Necessary cookies are absolutely essential for the website to function properly. You also have the option to opt-out of these cookies. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. Transaction builds on firm's end-to-end wealth solutions software platform, adds investor communications and proxy solutions BetaNXT, a provider of wealth management infrastructure software with . With a sector . 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 . Shares +10.2% at $1.95 after hours. 57.1% of the portfolio companies Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. This represents 12.4 percent ownership of the company. As of 8th August 2022, Clearlake Capital Group, L.P.s top holding is 9,751,837 shares of Blackbaud Inc currently worth over $566 million and making up 37.8% of the portfolio value. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. 2018 Cohesive Capital. 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 remainder was financed through an unsecured promissory note issued to Clearlake. . Vivek K Chandy, Shafaq Sapre, Kumarmanglam Vijay, Shareen Gupta, Karthik BM, Vaibhav Choukse, Anjana Potti and Preetha S of J. Sagar Associates acted as legal advisor to Clearlake Capital Group, L.P. and Motive Capital Management, LLC on the Indian leg of their acquisition of BETA+ assets from Refinitiv India, a London Stock Exchange Group company. 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. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. For more information please contact: JENNIFER HURSON. The formal close comes about two weeks after Clearlake agreed to buy a major stake in Chelsea FC as part of a high-profile auction for the West London soccer club. This website uses cookies to improve your experience while you navigate through the website. OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. 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. 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. For more information, visit our Privacy Policy. 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. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. With a sector-focused approach, the . 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. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. 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. For more information, visit our Privacy Policy. In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. 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 . * Investors with a full data subscription can access data for any fund. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. 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 $1.5B in assets under management (AUM), dropping by 43.70%. Clearlake Capital Group, L.P. and Motive Capital Management, LLC entered into a definitive agreement to acquire BETA, Maxit and Digital Investor assets from London Stock Exchange Group plc (LSE:LSEG) for $1.1 billion on March 21, 2022. +447855910178. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. All rights reserved. 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. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Clearlake Media Contact - Lambert. Appointment Signals a Continued Focus on Driving Growth and Impact. The majority of the companies in the funds portfolio are small-cap stocks. 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. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. investment firm founded in 2006. The fund focuses on investments in the United States as There are currently 7 companies in Mr. Cannons portfolio. June 7, 2021 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. jhurson@lambert.com . 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. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. 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. These cookies do not store any personal information. 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 . Bloomberg reported last month that Blackstone, Apollo and TPG are all offering investors the option to delay commitments to their latest flagship funds until 2023. Javascript is disabled or is not supported by your browser. Cornerstone OnDemand, Inc. Appoints Ryan Courson as Chief Financial Officer. Smart Sand ( NASDAQ: SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. It is mandatory to procure user consent prior to running these cookies on your website. The estimated net worth of Clearlake Capital Group, L.p. is at least $27 Million dollars as of 2023-02-28. Past performance is a poor indicator of future performance. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. The largest investments include Blackbaud Inc and Janus International Group In, together worth $1.05 billion. SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: The Pennsylvania-based . All rights reserved. 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. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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. About Clearlake Capital Group, L.P. In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. 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. Clearlake Capital Group has raised 1 round. Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. 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. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. Clearlake Capital Group is a private investment firm founded in 2006. 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. The firm has offices in Santa Monica and Dallas. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. 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). Company profile page for Clearlake Capital Group LP including stock price, company news, press releases, executives, board members, and contact information This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. Smart Sand, Inc. 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. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. 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. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. This website uses cookies to improve your experience while you navigate through the website. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . J.P. Morgan, BofA Securities, Ares, Golub, Antares, Barclays, Blue Owl, BMO Capital Markets, BNP Paribas, Credit Suisse, Goldman Sachs and Jefferies are providing the debt financing for the transaction. 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. 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. "Bloomberg Opinion" columnists offer their opinions on issues in the news. As a result of the transaction, Cornerstone is now a privately held company and . Spencer Klein of Morrison & Foerster as legal advisor to Qatalyst Partners LP and Centerview Partners LLC. 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The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. This category only includes cookies that ensures basic functionalities and security features of the website. Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . But opting out of some of these cookies may affect your browsing experience. Currently, their heaviest sector is Technology making up 61.9% of Significant experience across Clearlakes The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. The rating was released on June 29, 2021, according to finviz. 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. 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. Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. Announces Repurchase of All Common Stock Owned by Clearlake Capital. 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. By continuing to browse, you hereby agree to the use of cookies. Moelis & Company LLC is also acting as financial advisor to Juniper. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR