All rights reserved. Blackbaud Inc dropped approximately 0.1% in the past year. 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. As a result . These cookies will be stored in your browser only with your consent. Necessary cookies are absolutely essential for the website to function properly. Cornerstone OnDemand, Inc. Appoints Ryan Courson as Chief Financial Officer. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. Clearlake Capital Group was a net seller of stock by $-28M. 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. 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. 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. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Recent trades. 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). Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. They manage 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. This is a BETA experience. The firm has offices in Santa Monica and Dallas. through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . that closed in April. Appointment Signals a Continued Focus on Driving Growth and Impact. These cookies will be stored in your browser only with your consent. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. Quickly find out what the most recently closed or increased positions are. 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. SAM TIDSWELL-NORRISH. It sold the previously owned 5,511,703 shares for $316 million. +1-845-507-0571. 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. Copyright 2023 Surperformance. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. 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. 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. ng-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S. The firm's core target sectors are technology, industrials and consumer. 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. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . 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. 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 acquired Janus in 2018, and the Company has grown tremendously over the last several years, introducing numerous new software-based access control technologies and acquiring several critical accretive business lines. Leah Sauter, Peter Harwich, Lisa Watts, Eric Kamerman, Jennifer Pepin, Farrell Malone, Kelly Fayne, Steven Betensky, Tony Kim, Andrew Galdes, Drew Levin, Anna Ngo, Edward Barnett and Farah O'Brien of Latham & Watkins LLP acted as legal advisor for London Stock Exchange Group plc in the transaction. 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 . Necessary cookies are absolutely essential for the website to function properly. Clearlake Media Contact - Lambert. The Company invests and focuses on private equity, communications, health care, and industrial companies. * Investors with a full data subscription can access data for any fund. We also use third-party cookies that help us analyze and understand how you use this website. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. Moelis & Company LLC is also acting as financial advisor to Juniper. and Apollo Global Management The transaction is expected to close in the second half of 2022. BETA, Maxit and Digital Investor will operates as BetaNXT. MacKenzie will be paid an approximately $25,000 plus expenses. . The Juniper team has a robust network of relationships within industrial and investment communities built over 60+ years of combined industry experience, and a deep understanding of industrial trends. 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 . Long-term strategic partnership with management to transform and grow companies. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. 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. There are currently 7 companies in Mr. Cannons portfolio. The transaction was unanimously approved by Cornerstone's Board of Directors. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. Clearlake Capital Group was a net buyer of stock by $498M. 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. 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 . The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. 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. Cornerstone OnDemand, Inc. entered into a Stock Purchase Agreement to acquire SumTotal .. These cookies do not store any personal information. /PRNewswire/ -- Clearlake Capital Group, . Clearlake Capital Group, L.P. operates as an investment company. Blackbaud : DA Davidson Adjusts Blackbaud PT to $75 From $56, Maintains Neutra.. President, Chief Executive Officer & Director, CFO, Executive VP-Finance & Administration. US :BLKB. 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. 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 . In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. "Bloomberg Opinion" columnists offer their opinions on issues in the news. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . It also specializes in the middle and lower . core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. Lee BeckelmanPhone: (281) 231-2660Email: lbeckelman@smartsand.com. In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares . Smart Sand, Inc. (NASDAQ: SND) (the Company) announced today that it has repurchased 5.18 million shares of the Companys common stock (the Shares) from Clearlake Capital Partners II (Master), L.P.,. +447855910178. More information is available at www.janusintl.com. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in 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. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. var __dcid = __dcid || []; "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. The fund focuses on investments in the United States as 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. (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 Shares represent all of the common stock owned by Clearlake and approximately 11.3% of the outstanding shares of the Company's common stock immediately prior to the purchase. For more information, please visitwww.smartsand.com. 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. All rights reserved. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. 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. I write about buyouts, mergers, acquisitions and other dealmaking. It is mandatory to procure user consent prior to running these cookies on your website. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. These positions were updated on August 15th based on the funds latest 13F filing. 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. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. 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. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Do Not Sell My Personal Data/Privacy Policy. 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, though, didnt wait around. 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. In no event shall stockzoa.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content available on stockzoa.com, or relating to the use of, or inability to use, stockzoa.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Finally, I want to recognize the accomplishments of the broader Janus team, as I could not be more proud of our management team and employees for consistently executing and offering our customers the best solutions in the industry., This is a tremendous outcome for Janus and Clearlake, and we are confident that Janus will be even better positioned as a public company to continue its impressive trajectory, said Jos E. Feliciano, Chairman of the Janus Board of Directors and Co-Founder and Managing Partner at Clearlake, and Colin Leonard, Partner at Clearlake, in a joint statement. 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 . in a $2 billion cash-and-stock sale to Penn National Gaming Inc. This data is downloadable for data subscribers. (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. Will His AI Plans Be Any Different? Here is the complete portfolio . 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. * To download the data without a subscription, you can purchase 90-day access to a single fund (Clearlake Capital Group) for $24.00 USD (one time). "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. Lambert. Clearlake is a leading private 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. 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. Strategy. 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 . Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. The transaction has an enterprise value of approximately $5.2 billion. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. The majority of the companies in the funds portfolio are small-cap stocks. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. And its already been busy putting its new pool of capital to work. For more information please contact: JENNIFER HURSON. The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. Differentiated approach to investing jhurson@lambert.com. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. We also use third-party cookies that help us analyze and understand how you use this website. The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. The promissory note will mature on December 15, 2023. Clearlake Capital Group is funded by 3 investors. 57.1% of the portfolio companies Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics Morgan Stanley (NYSE:MS), Rothschild & Co SCA (ENXTPA:ROTH), JPMorgan Chase & Co. (NYSE:JPM), The Goldman Sachs Group, Inc. (NYSE:GS), BofA Securities, Inc., Barclays PLC (LSE:BARC), Jefferies LLC and William Blair & Company, L.L.C. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". SAM TIDSWELL-NORRISH. The rating was released on June 29, 2021, according to finviz. 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.. Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. The average market cap of the portfolio companies is close to $1.94 billion. are based in the United States. BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. By continuing to browse, you hereby agree to the use of cookies. More information is available at www.clearlake.com and on Twitter @Clearlake. For more information, visit our Privacy Policy. Clearlake Capital Group, L.P. will pay $57.5 per share in cash. 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, .