clearlake capital group stock

investment firm founded in 2006. 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, L.P. is an investment fund managing more than $1.5 billion ran by John Cannon. 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 economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. All rights reserved. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. The firm has deployed its seventh fund for a $2.6 billion takeover of Intertape Polymer Group, a reported $5.4 billion acquisition of Quest Software and a half-dozen other deals to date. Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. With a sector-focused approach, the . $1.5 billion and $1.5 billion respectively. 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. The Company invests and focuses on private equity, communications, health care, and industrial companies. You also have the option to opt-out of these cookies. 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. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Clearlake Capital Group is a private investment firm founded in 2006. As a result of the transaction, Cornerstone is now a privately held company and . Blackbaud Inc dropped approximately 0.1% in the past year. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Clearlake Capital Group is funded by 3 investors. You also have the option to opt-out of these cookies. Copyright 2023 Surperformance. 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. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. 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 information on this site is in no way guaranteed for completeness, accuracy or in any other way. End-of-day quote Nasdaq BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS All rights reserved. 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. 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 . Long-term strategic partnership with management to transform and grow companies. 2022-02-14 20:23. These positions were updated on August 15th based on the funds latest 13F filing. On March 21, 2022, private equity firms Clearlake Capital Group and Motive Partners acquired business services company BetaNXT from London Stock Exchange Group for 1.1B USD Acquisition Highlights. Morrison & Foerster LLP acted as legal advisor to Centerview Partners and Qatalyst Partners. 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. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. The Pennsylvania-based . Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . The investment fund also strengthened its position in Blackbaud Inc by buying Clearlake Capital Group, L.P. will pay $57.5 per share in cash. Clearlake is one of several private equity firms to set its sights on pro sports in recent years. 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.. 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, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. The fund focuses on investments in the United States as 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 . Blackbaud Inc dropped approximately 0.1% in the past year. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. In addition to factors previously disclosed in Juniper and Januss reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (i) the effect of the merger on Januss business relationships, operating results, and business generally; (ii) failure to realize the benefits expected from the transaction; (iii) risks that the merger disrupts Januss current plans and operations and potential difficulties in Januss employee retention as a result of the merger; (iv) the effects of pending and future legislation; (v) risks related to disruption of management time from ongoing business operations due to the transaction; (vi) the amount of the costs, fees, expenses and other charges related to the merger; (vii) risks of the self-storage industry; (viii) the highly competitive nature of the self-storage industry and Januss ability to compete therein; (ix) litigation, complaints, and/or adverse publicity; (x) the ability to meet NYSEs continued listing standards following the consummation of the transaction and (xi) cyber incidents or directed attacks that could result in information theft, data corruption, operational disruption and/or financial loss. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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. All statements other than statements of historical fact included in this communication are forward-looking statements. SND repurchased 5.18 million . 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. 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. 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 . 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. SEC Filings include 13F quarterly reports, 13D/G events and more. About; . 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. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics 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 . But opting out of some of these cookies may affect your browsing experience. It is mandatory to procure user consent prior to running these cookies on your website. Clearlakes operational improvement approach is O.P.S. Operations. 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, . SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . These cookies will be stored in your browser only with your consent. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. 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. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. 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. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. 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. Shares +10.2% at $1.95 after hours. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). With a sector . But opting out of some of these cookies may affect your browsing experience. But opting out of some of these cookies may affect your browsing experience. It sold the previously owned 5,511,703 shares for $316 million. 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 . var __dcid = __dcid || []; Currently, their heaviest sector is Technology making up 61.9% of 2018 Cohesive Capital. Announces Repurchase of All Common Stock Owned by Clearlake Capital. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. +1-845-507-0571. Radio personality and budding entrepreneur Angela Yee describes her youth in the New York City hip hop scene, her first radio job at Shade 45 and how she played a central role in bringing together some of the biggest names in music. KKR 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. Do Not Sell My Personal Data/Privacy Policy. More information is available at www.clearlake.com and on Twitter @Clearlake. 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.". 57.1% of the portfolio companies The stock was __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); +447855910178. acted as financial advisors to Clearlake. Javascript is disabled or is not supported by your browser. Funding. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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. For more information, please visitwww.smartsand.com. The transaction is expected to be completed in the second half of 2021. Necessary cookies are absolutely essential for the website to function properly. A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . 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. * Investors with a full data subscription can access data for any fund. 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. Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . 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 . . 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. 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. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . 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 Firm invests in both private and public transactions. BETA, Maxit and Digital Investor will operates as BetaNXT. And with so many firms seeking to raise funds, LPs have plenty of options. APO In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. 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. 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. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. Under the terms of the agreement, Clearlake will acquire the outstanding shares of Intertape for CAD 40.50 per share in an all-cash transaction valued . "We believe this buyout of Clearlake's equity position demonstrates our focus on shareholder returns and is a good investment in the future of Smart Sand. Vector Capital will make minority investment at closing. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. Copyright 2023 Surperformance. Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. 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). assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. LSEG expects to hand a "significant proportion" of the net proceeds to shareholders via a buyback, which would likely start in the third quarter. Managing Director, Motive Partners +447855910178. We produce low-cost, high quality Northern White sand, which is a premium sand used as proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells and for a variety of industrial applications. This weeks new fund blew past an initial target of $10 billion. 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, 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. 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. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. 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 transaction was unanimously approved by Cornerstone's Board of Directors. 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. Clearlake Capital Group uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Strategy. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. I want to thank Clearlake for its long-term commitment to Smart Sand. 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). Delayed Nasdaq This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. 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. 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. SAM TIDSWELL-NORRISH. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. I write about buyouts, mergers, acquisitions and other dealmaking. .. Baird Adjusts Price Target on Blackbaud to $66 From $70, Maintains Neutral Rating, Transcript : Blackbaud, Inc., Q4 2022 Earnings Call, Feb 14, 2023, Blackbaud Q4 Adjusted Earnings Drop; Revenue Rises; Sets Full-Year 2023 Outlook, Blackbaud, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022. 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. var __dcid = __dcid || []; 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. sam@motivepartners.com . 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 has raised a total of $30.8B across 8 funds, their latest being Clearlake . About Clearlake Capital Group, L.P. 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 .

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