When used in this communication, words such as may, should, could, would, expect, plan, anticipate, believe, estimate, continue, or the negative of such terms or other similar expressions, as they relate to the management team, identify forward-looking statements. SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. Chelsea marks its first foray into pro sports. Clearlake is a leading private 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. 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. More information is available at www.clearlake.com and on Twitter @Clearlake. 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. "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. Long-term strategic partnership with management to transform and grow companies. 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. All rights reserved. BETA, Maxit and Digital Investor will operates as BetaNXT. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". Shares +10.2% at $1.95 after hours. Clearlake Capital Group - Funding, Financials, Valuation & Investors . 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. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. Our industry is at a critical juncture as our customers begin modernizing and adopting our technologies and invest in upgrading existing and new facilities, added Mr. Jackson. Vector Capital will make minority investment at closing. 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 . 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. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. Clearlake Capital | Portfolio 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 . SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . Recent trades. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Clearlake Capital Group to Acquire Unifrax From American Securities Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. 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 . Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . 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. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. 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 . Smart Sand, Inc. 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.. The Pennsylvania-based . And its already been busy putting its new pool of capital to work. Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. Will His AI Plans Be Any Different? and Apollo Global Management Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. The average market cap of the portfolio companies is close to $1.94 billion. Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. .. 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 Media Contact. 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. This is a BETA experience. agreement to acquire the BETA+ assets from London Stock Exchange Group . The estimated net worth of Clearlake Capital Group, L.p. is at least $27 Million dollars as of 2023-02-28. Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. Musk Made a Mess at Twitter. 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 jhurson@lambert.com . By Donald Mazariegos Copyright 2023 Surperformance. var __dcid = __dcid || []; 53,999,550 shares of Janus International Group In worth $488 million, Holley Inc worth $28.9 million, with 2,750,000 shares owned, Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million, Blackbaud Inc total 9,751,837 shares worth $566 million. There are currently 7 companies in Mr. Cannons portfolio. 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 please contact: JENNIFER HURSON. It also specializes in the middle and lower . BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS These positions were updated on August 15th based on the funds latest 13F filing. 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 Group. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. The majority of the companies in the funds portfolio are small-cap stocks. 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. End-of-day quote Nasdaq Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. It is mandatory to procure user consent prior to running these cookies on your website. Untangling Motive And Clearlake's Median Communications Deal | Wealth 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. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. 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. 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. This category only includes cookies that ensures basic functionalities and security features of the website. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Currently, their heaviest sector is Technology making up 61.9% of Clearlake Capital Group is a private investment firm founded in 2006. 2018 Cohesive Capital. SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . Necessary cookies are absolutely essential for the website to function properly. 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. It sold the previously owned 5,511,703 shares for $316 million. The promissory note will mature on December 15, 2023. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. 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 . through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. Clearlake Capital Clearlake is one of several private equity firms to set its sights on pro sports in recent years. 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. 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. 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. Clearlake Capital Group, L.p. - SEC Filings - Fintel.io Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. BX Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. Clearlake Capital Group - Recent News & Activity 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.. 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. acted as financial advisors to Clearlake. Announces Repurchase of All Common Stock Owned by Clearlake Capital. 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. The transaction has an enterprise value of approximately $5.2 billion. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . Clearlake Capital Group, L.P. 13F annual report - wallmine More information is available at www.janusintl.com. Clearlake and Motive-Backed Software Platform BetaNXT Expands Blackbaud Inc dropped approximately 0.1% in the past year. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, expiration or termination of any waiting periods applicable to the consummation of the Merger under the Hart-Scott-Rodino Antitrust Improvements Act and approval by a majority of Cornerstone stockholders. The firm's core target sectors are technology, industrials, and consumer. 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. With a sector . Managing Director, Motive Partners. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. 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. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. This website uses cookies to improve your experience while you navigate through the website. LSEG to divest BETA+ to Clearlake and Motive and enters strategic Central Index Key (CIK): 0001688282; Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in Juniper or Januss filings with the SEC. 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. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. 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. Funding. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. Necessary cookies are absolutely essential for the website to function properly. The investment fund also strengthened its position in Blackbaud Inc by buying Clearlake Capital Group is funded by 3 investors. Clearlake Capital Group, L.P. and Motive Capital Management, LLC Clearlake wrapped up fundraising for its seventh flagship vehicle with $14.1 billion in commitments, doubling the size of its predecessor, which closed on about $7 billion a little more than two years ago. under Risk Factors in Part I, Item 1A of Junipers Form 10-K for the year ended December 31, 2020, Part II, Item 1A of Junipers Form 10-Q for the quarterly period ended March 31, 2021 and in Juniper and Januss other filings. But it . the total portfolio value. /PRNewswire/ -- Clearlake Capital Group, . 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. 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. Stephen C. Daffron, Industry Partner at Motive Partners, named Chairman and Chief Executive Officer, Caroline O'Connell, Industry Partner at Motive Partners, to serve as Chief Administrative Officer, Don Henderson appointed Chief Technology Officer, Tim Rutka as President of BETA, and Michael Pass as President of Maxit and Digital Investor. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares . But opting out of some of these cookies may affect your browsing experience. Clearlake and Motive-Backed Software Platform BetaNXT Expands Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. These cookies do not store any personal information. that closed in April. 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-Backed Discovery Education Names EdTech Veteran 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. "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. . We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. 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 . With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. Clearlake Capital-Backed Discovery Education Names EdTech Veteran