It is mandatory to procure user consent prior to running these cookies on your website. KKR 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. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . 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, L.p. is the Director, 10% Owner of Janus International Group Inc and owns about 1,693,600 shares of Janus International Group Inc (JBI) stock worth over $18 Million.Clearlake Capital Group, L.p. is also the Director, 10% Owner of Smart Sand Inc and owns about . 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. 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 . SEC Filings include 13F quarterly reports, 13D/G events and more. 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 . 2018 Cohesive Capital. * Investors with a full data subscription can access data for any fund. Strategy. 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. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. This communication is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Janus and is not intended to form the basis of an investment decision in Janus. Cornerstone OnDemand, Inc. acquired EdCast Inc. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. 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. We also use third-party cookies that help us analyze and understand how you use this website. 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. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. We also use third-party cookies that help us analyze and understand how you use this website. 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-focused approach, the . Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. 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. For more information, visit our Privacy Policy. 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, . 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. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. (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. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The firm's core target sectors are technology, industrials, and consumer. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. Currently, their heaviest sector is Technology making up 61.9% of Announces Repurchase of All Common Stock Owned by Clearlake Capital. BETA, Maxit and Digital Investor will operates as BetaNXT. These cookies will be stored in your browser only with your consent. BETA, Maxit and Digital Investor will operates as BetaNXT. Clearlake Capital Group uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. Comments are Off, Janus, a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and commercial industrial sectors, will begin trading on the NYSE under ticker JBI. The $57.50 per share purchase price represents a premium of approximately 31% to Cornerstone's unaffected closing stock price on June 1, 2021, the last full trading day prior to Clearlake filing a Schedule 13D in . Javascript is disabled or is not supported by your browser. Necessary cookies are absolutely essential for the website to function properly. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . All rights reserved. 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. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. 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. Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. The rating was released on June 29, 2021, according to finviz. Multiple reports have indicated that voting rights will be split equally between Clearlake and the rest of Boehlys group. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. Clearlake Capital Group was a net seller of stock by $-28M. It is mandatory to procure user consent prior to running these cookies on your website. 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 . Central Index Key (CIK): 0001688282; 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 fund focuses on investments in the United States as Differentiated approach to investing It also specializes in the middle and lower . 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. 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. The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. 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. acted as financial advisors to Clearlake. 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. SAM TIDSWELL-NORRISH. "Bloomberg Opinion" columnists offer their opinions on issues in the news. Blackbaud Inc dropped approximately 0.1% in the past year. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. This category only includes cookies that ensures basic functionalities and security features of the website. 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. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. But it . Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. var __dcid = __dcid || []; 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. 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? Funding. 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. It primarily invests in the industrial and energy sectors, technology and software, and consumer services. 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.. Long-term strategic partnership with management to transform and grow companies. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. 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. 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. These include Viewport Meta , IPhone / Mobile Compatible , and SPF. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. 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. 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. Managing Director, Motive Partners. 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. This represents 12.4 percent ownership of the company. All rights reserved. As a result . And its already been busy putting its new pool of capital to work. 2022-02-14 20:23. are based in the United States. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. 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. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 57.1% of the portfolio companies Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. It is mandatory to procure user consent prior to running these cookies on your website. Shares +10.2% at $1.95 after hours. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Moelis & Company LLC is also acting as financial advisor to Juniper. We also use third-party cookies that help us analyze and understand how you use this website. Delayed Nasdaq 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. Clearlake Capital Group was a net buyer of stock by $498M.
Vietnamese Wedding Timeline, Howland Hook Container Terminal Tracking, Articles C