+447855910178. 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 Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. 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 total portfolio value. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. Clearlake Capital Group, L.p. - SEC Filings - Fintel.io 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. Clearlake Capital Group - stockzoa We also use third-party cookies that help us analyze and understand how you use this website. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. Currently, their heaviest sector is Technology making up 61.9% of 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. 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. Copyright 2023 Surperformance. Lambert. And its already been busy putting its new pool of capital to work. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in Chelsea marks its first foray into pro sports. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. 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 . Clearlake Capital Completes Acquisition of Cornerstone OnDemand These include Viewport Meta , IPhone / Mobile Compatible , and SPF. jhurson@lambert.com. The firm believes that demand is due to the success of its past two funds. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . Strategy. These positions were updated on August 15th based on the funds latest 13F filing. Clearlake Capital Group on LinkedIn: #privateequity #investment # 2023-02-28 | NDAQ:SND | Press Release | Smart Sand Inc. Copyright 2023 Surperformance. Clearlake Capital Group LP - Company Profile and News Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . This weeks new fund blew past an initial target of $10 billion. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Are Chelsea going to knock down Stamford Bridge? Latest on 1.5 billion 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 . Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by Smart Sand (SND) Announces Repurchase of All Common Stock Owned by We are a fully integrated frac and industrial sand supply and services company. The promissory note will mature on December 15, 2023. The investment fund also strengthened its position in Blackbaud Inc by buying The total portfolio value may be much higher due to cash 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. Clearlake Capital Group - Tech Stack, Apps, Patents & Trademarks 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. This was a Private Equity round raised on May 29, 2018. Clearlake Capital | Portfolio You may opt-out by. SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. This category only includes cookies that ensures basic functionalities and security features of the website. 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. Past performance is a poor indicator of future performance. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. But opting out of some of these cookies may affect your browsing experience. Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. 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. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. This leaves the value of the investment at $16.4 million and 8,200,204 shares. Endurance International Group Announces Agreement to be This website uses cookies to improve your experience while you navigate through the website. 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.". It also specializes in the middle and lower . There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. 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, L.P. is a leading private investment firm founded in 2006. Smart Sand, Inc. Announces Rep - GuruFocus.com The Janus team operates out of several U.S. locations and six locations internationally. The Pennsylvania-based . Intertape Polymer Group Inc. ("IPG") Enters into 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. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. Stocks with a size of more than $100 million in market cap make up This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. 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 . All rights reserved. sam@motivepartners.com . More information is available at www.janusintl.com. .. 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. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Do Not Sell My Personal Data/Privacy Policy. In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR People. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. With a sector . On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. 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. End-of-day quote Nasdaq Multiple reports have indicated that voting rights will be split equally between Clearlake and the rest of Boehlys group. 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. All statements other than statements of historical fact included in this communication are forward-looking statements. Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. 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 . Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. 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. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. I write about buyouts, mergers, acquisitions and other dealmaking. Clearlake Capital AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Clearlake Capital and Motive Partners Agree - Fintech Finance The transaction is expected to close in the second half of 2022. 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. 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. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. The rating was released on June 29, 2021, according to finviz. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. Various inclusions are the ability for the board of directors to issue new preferred shares without shareholder approval and the ability for banking partners, Clearlake Capital Partners and . The stock was This category only includes cookies that ensures basic functionalities and security features of the website. Clearlake Capital-Backed Discovery Education Names EdTech Veteran Intermediate Capital : The group going all in on single-asset Untangling Motive And Clearlake's Median Communications Deal | Wealth 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. through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. Clearlake Capital Group, L.p. Buys Holley Inc, Altimeter Growth Corp 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. June 7, 2021 Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. Clearlake Capital Completes Acquisition of Cornerstone OnDemand Clearlake Capital Group was a net buyer of stock by $498M. 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. SEC Filings include 13F quarterly reports, 13D/G events and more. ABOUT CLEARLAKE. This represents 12.4 percent ownership of the company. 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. About Clearlake. 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. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed.