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. In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. More information is available at www.clearlake.com and on Twitter @Clearlake. CLEARLAKE CAPITAL GROUP, L.P. Top 13F Holdings - WhaleWisdom.com The consideration of $1.1 billion will be paid in cash, before tax and separation costs. LSEG to divest BETA+ to Clearlake and Motive and enters strategic 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. (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 firm believes that demand is due to the success of its past two funds. 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. 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By Donald Mazariegos As a result . We also use third-party cookies that help us analyze and understand how you use this website. Clearlake Capital Group - Recent News & Activity On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. Quickly find out what the most recently closed or increased positions are. These cookies do not store any personal information. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. LSEG expects to hand a "significant proportion" of the net proceeds to shareholders via a buyback, which would likely start in the third quarter. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. This leaves the value of the investment at $16.4 million and 8,200,204 shares. You also have the option to opt-out of these cookies. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth . 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, . And with so many firms seeking to raise funds, LPs have plenty of options. Clearlake Capital Group Company Profile - Craft And its already been busy putting its new pool of capital to work. 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. (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. Clearlake Capital Group Clearlake Capital Group - Slintel Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. Cornerstone OnDemand enters definitive agreement to - Clearlake Capital 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 currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. All rights reserved. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Clearlake Sells Majority Interest in Floworks to Wynnchurch Capital Blackbaud : DA Davidson Adjusts Blackbaud PT to $75 From $56, Maintains Neutra.. President, Chief Executive Officer & Director, CFO, Executive VP-Finance & Administration. More information is available at www.janusintl.com. 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. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. Copyright 2023 Surperformance. 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. 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. These cookies do not store any personal information. Clearlake is part of new generation of private equity powers that emerged in the 2000s and are now raising the sorts of massive capital pools that used to be the domain of long-established firms like Blackstone The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. Past performance is a poor indicator of future performance. Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Copyright 2023 Surperformance. Clearlake Capital Group to Acquire Unifrax From American Securities +447855910178. 2023 Benzinga.com. Clearlake Capital Group uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. There are currently 7 companies in Mr. Cannons portfolio. Smart Sand ( NASDAQ: SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. 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. Will His AI Plans Be Any Different? Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. Managing Director, Motive Partners. It sold the previously owned 5,511,703 shares for $316 million. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. The Company invests and focuses on private equity, communications, health care, and industrial companies. Smart Sand, Inc. Clearlake Capital to Acquire Confluence from TA Associates - PR Newswire 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. 2018 Cohesive Capital. Clearlake Capital Group on LinkedIn: #privateequity #investment # Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. agreement to acquire the BETA+ assets from London Stock Exchange Group . The third-largest holding is BlackLine Inc worth $361 million and the next is Holley Inc worth $28.9 million, with 2,750,000 shares owned. 2018 Cohesive Capital. Clearlake Capital Completes Acquisition of Cornerstone OnDemand 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. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. The Pennsylvania-based . 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. 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. Clearlake Capital Group. 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. The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 57.1% of the portfolio companies The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. 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. SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. and Apollo Global Management 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 . Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. These cookies do not store any personal information. Clearlake Capital Group, L.p. increases ownership in BLKB - Fintel 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. 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. But opting out of some of these cookies may affect your browsing experience. For more information, visit our Privacy Policy. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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. It primarily invests in the industrial and energy sectors, technology and software, and consumer services. Clearlake is a leading private These cookies will be stored in your browser only with your consent. 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. Smart Sand, Inc. Announces Rep - GuruFocus.com The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 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 . 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). Clearlakes operational improvement approach is O.P.S. Operations. are based in the United States. .. 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. All rights reserved. People. 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. Clearlake Capital Group was a net buyer of stock by $498M. Clearlake Capital Group is a private investment firm founded in 2006. 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 category only includes cookies that ensures basic functionalities and security features of the website. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. 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. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D Under the Securities Exchange Act of 1934 Janus International Group, Inc. (Name of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securities) 47103N106 (CUSIP Number) John Cannon c/o Clearlake Capital Group, L.P. 233 Wilshire Blvd, Suite . 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 . All rights reserved. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. Endurance International Group Announces Agreement to be With a sector . Appointment Signals a Continued Focus on Driving Growth and Impact. Smart Sand's Financial Position Is Quickly Deteriorating Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . This was a Private Equity round raised on May 29, 2018. Company profile page for Clearlake Capital Group LP including stock price, company news, press releases, executives, board members, and contact information Significant experience across Clearlakes 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. Clearlake Capital Group - Funding, Financials, Valuation & Investors 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. For more information please contact: JENNIFER HURSON. Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by jhurson@lambert.com . As a result of the transaction, Cornerstone is now a privately held company and . 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 .
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