Shares +10.2% at $1.95 after hours. 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. 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. 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. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. For more information, please visitwww.smartsand.com. 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. 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. We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. The Janus team operates out of several U.S. locations and six locations internationally. Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. 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 .
Are there any attempts to gain ground? Smart Sand Inc. (SND) Stock Musk Made a Mess at Twitter. The average market cap of the portfolio companies is close to $1.94 billion.
Clearlake Capital Group - Recent News & Activity Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. jhurson@lambert.com. APO 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. 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. 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. The rating was released on June 29, 2021, according to finviz. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: But opting out of some of these cookies may affect your browsing experience. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. 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 Landmark Partners and Goldman Sachs Asset Management are the most recent investors. 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. 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. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. We also use third-party cookies that help us analyze and understand how you use this website. "Bloomberg Opinion" columnists offer their opinions on issues in the news. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. 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. 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 firm has offices in Santa Monica and Dallas. All rights reserved. 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 . With a sector . Clearlake, though, didnt wait around. What Will New Tax Laws Mean For Your Business? acted as financial advisors to Clearlake.
Clearlake Capital Group, L.P. completed the acquisition of Intertape For more information, visit our Privacy Policy. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. The Company invests and focuses on private equity, communications, health care, and industrial companies. (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. 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. 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, L.P. and Motive Capital Management, LLC Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. 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. 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 Clearlake Capital Group - Slintel In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. Clearlake Capital Group is a private investment firm founded in 2006. Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. The transaction is not subject to a financing condition. 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 shareholder value, the Company operations, governance and control, and other matters related to the Company. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. Junipers management team has a proven track record of identifying market-leading technologies across the industrial spectrum, and an affinity for businesses with strong brands and mission-critical offering.
. 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 .
LSEG to divest BETA+ to Clearlake and Motive and enters strategic Cornerstone OnDemand, Inc. acquired EdCast Inc. The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. 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. Copyright 2023 Surperformance. 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. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers.
Clearlake Capital and Motive Partners Agree to Acquire BETA+ from Jose Mourinho sent-off again as Cremonese finally win a match in Serie Long-term strategic partnership with management to transform and grow companies. 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. All rights reserved. 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. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); KKR
Clearlake Capital Group - Funding, Financials, Valuation & Investors +447855910178. A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . These include Viewport Meta , IPhone / Mobile Compatible , and SPF. 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.
Clearlake Capital Group - stockzoa Clearlake Capital Group to Acquire Unifrax From American Securities Smart Sand stock jumps 10% after buying Clearlake's entire stake in company As a result . SAM TIDSWELL-NORRISH.
Clearlake Capital Group Announces Senior Promotions and New Additions The firm believes that demand is due to the success of its past two funds. 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. Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. 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. 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. .
Clearlake Capital Group, L.p. Buys Holley Inc, Altimeter Growth Corp 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. All rights reserved. MacKenzie will be paid an approximately $25,000 plus expenses. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. SND repurchased 5.18 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. 3,774,352 additional shares. JENNIFER HURSON +1-845-507-0571. Clearlake Capital Group, L.P. will pay $57.5 per share in cash. It also specializes in the middle and lower . 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. But the tides have turned. But opting out of some of these cookies may affect your browsing 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. 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. They manage The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. Clearlake Capital Group, L.P. is an investment fund managing more than $1.5 billion ran by John Cannon. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. Copyright 2023 Surperformance. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. This category only includes cookies that ensures basic functionalities and security features of the website. By continuing to browse, you hereby agree to the use of cookies. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. 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.
Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by and Apollo Global Management Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. 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? CHARLOTTE, N.C. and SANTA MONICA, Calif., March 2, 2023 /PRNewswire/ -- Discovery Education (or the "Company"), a global edtech company backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake "), today announced the appointment of Jeremy Cowdrey as Chief Executive Officer (CEO). investment firm founded in 2006. 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 . are based in the United States. Under the terms of the agreement, Clearlake will acquire the outstanding shares of Intertape for CAD 40.50 per share in an all-cash transaction valued . Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . Clearlake Capital Group. 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.
Clearlake Capital Group and Motive Partners Acquire BetaNXT 2018 Cohesive Capital. Together with Juniper, we believe Janus is uniquely positioned to drive considerable additional stakeholder value and look forward to our continued partnership., Our goal with Juniper was not only to find a great investment for our platform, but to also partner with an industry leading company with an abundant number of growth opportunities where our team can add significant value and resources, said Roger Fradin, Chairman of Juniper. LSEG expects to hand a "significant proportion" of the net proceeds to shareholders via a buyback, which would likely start in the third quarter.
Clearlake Capital Completes Acquisition of Cornerstone OnDemand You also have the option to opt-out of these cookies. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. Managing Director, Motive Partners +447855910178. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth . 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. These positions were updated on August 15th based on the funds latest 13F filing. Clearlake is a leading private It sold the previously owned 5,511,703 shares for $316 million. Currently, their heaviest sector is Technology making up 61.9% of Clearlake Capital Group serves customers in the State of California. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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. 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. Clearlake is one of several private equity firms to set its sights on pro sports in recent years. 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 is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector.
Intermediate Capital : The group going all in on single-asset Clearlake Media Contact - Lambert. 2023 Benzinga.com. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. The stock was Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . Janus International Group (Janus) is a leading global manufacturer and supplier of turn-key self-storage, commercial and industrial building solutions and new technologies, including: automation and access control technologies, roll up and swing doors, hallway systems, re-locatable storage units, and much more. We also use third-party cookies that help us analyze and understand how you use this website. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. Clearlake Capital Group, L.P. and Motive Capital Management, LLC entered into a definitive agreement to acquire BETA, Maxit and Digital Investor assets from London Stock Exchange Group plc (LSE:LSEG) for $1.1 billion on March 21, 2022. Please. The investment fund also strengthened its position in Blackbaud Inc by buying More information is available at www.clearlake.com and on Twitter @ClearlakeCap.
Clearlake Capital Group, L.p. has filed a 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 5,977,485 shares of Blackbaud, Inc. ( BLKB ).
Clearlake Capital-Backed Discovery Education Names EdTech Veteran Mark Partin Sells 10,000 Shares of BlackLine, Inc. (NASDAQ:BL) Stock 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.
Clearlake Capital Group | Company Profile | Private Equity International Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . 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. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. It is mandatory to procure user consent prior to running these cookies on your website. The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. ABOUT CLEARLAKE. The Pennsylvania-based . 2018 Cohesive Capital. Necessary cookies are absolutely essential for the website to function properly. BETA, Maxit and Digital Investor will operates as BetaNXT.
Clearlake Capital to Acquire Confluence from TA Associates
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