Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. Do Not Sell My Personal Data/Privacy Policy. All rights reserved. and Apollo Global Management It is mandatory to procure user consent prior to running these cookies on your website. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. are based in the United States. 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. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. +447855910178. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. The total portfolio value may be much higher due to cash Appointment Signals a Continued Focus on Driving Growth and Impact. Necessary cookies are absolutely essential for the website to function properly. CLEARLAKE CAPITAL GROUP, L.P., the Director of Smart Sand Inc., sale 1,265,137 shares at $1.91 during a trade that took place back on Sep 19, which means that CLEARLAKE CAPITAL GROUP, L.P. is . Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. Blackbaud Inc dropped approximately 0.1% in the past year. 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. 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 . 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. 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. Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. 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. The firm's core target sectors are technology, industrials, and consumer. 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. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. More information is available at www.clearlake.com and on Twitter @Clearlake. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. Currently, their heaviest sector is Technology making up 61.9% of 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. People. Chelsea marks its first foray into pro sports. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. What Will New Tax Laws Mean For Your Business? 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. But opting out of some of these cookies may affect your browsing experience. Past performance is a poor indicator of future performance. 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 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. -, Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manage Content from Anywhere, Cornerstone OnDemand, Inc. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. You also have the option to opt-out of these cookies. 57.1% of the portfolio companies Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares . The Pennsylvania-based . AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). 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. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. KKR 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 Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics All rights reserved. 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 . __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Delayed London Stock Exchange The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. 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. 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. The rating was released on June 29, 2021, according to finviz. SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: With a sector-focused approach, the . BETA, Maxit and Digital Investor will operates as BetaNXT. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. With a sector . Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. 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. 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. 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. +1-845-507-0571. End-of-day quote Nasdaq 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. /PRNewswire/ -- Clearlake Capital Group, . Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. 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 . 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, . acted as financial advisors to Clearlake. 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. Strategy. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. * Investors with a full data subscription can access data for any fund. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. SND repurchased 5.18 million . These cookies will be stored in your browser only with your consent. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. These cookies will be stored in your browser only with your consent. Clearlake Media Contact - Lambert. 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. 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. 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. 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 . 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.". 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 . The firm believes that demand is due to the success of its past two funds. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. Smart Sand, Inc. I want to thank Clearlake for its long-term commitment to Smart Sand. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. ABOUT CLEARLAKE. 2018 Cohesive Capital. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. Please. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. They manage We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. var __dcid = __dcid || []; (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. The estimated net worth of Clearlake Capital Group, L.p. is at least $27 Million dollars as of 2023-02-28. This weeks new fund blew past an initial target of $10 billion. Clearlake Capital Group, L.P. operates as an investment company. By continuing to browse, you hereby agree to the use of cookies. SAM TIDSWELL-NORRISH. 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. Clearlake Capital Group is a private investment firm founded in 2006. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . Delayed Nasdaq Managing Director, Motive Partners +447855910178. 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. This leaves the value of the investment at $16.4 million and 8,200,204 shares. 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 . US :BLKB. 2018 Cohesive Capital. 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. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. But opting out of some of these cookies may affect your browsing experience. 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. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. Central Index Key (CIK): 0001688282; In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. All rights reserved. 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. Clearlake, though, didnt wait around. The investment fund also strengthened its position in Blackbaud Inc by buying
242366424f349f8a6881b0d1d02565eebd0d Large Ribbed Glass Vase, Articles C