Clearlake Capital Group. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR The stock was By Donald Mazariegos 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. Currently, their heaviest sector is Technology making up 61.9% of Strategy. There are currently 7 companies in Mr. Cannons portfolio. 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. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. The average market cap of the portfolio companies is close to $1.94 billion. We are a fully integrated frac and industrial sand supply and services company. .. 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 Capital Group, L.P. is a leading private investment firm founded in 2006. This category only includes cookies that ensures basic functionalities and security features of the website. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. 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. The stock is now traded at . Javascript is disabled or is not supported by your browser. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); 2022-02-14 20:23. Delayed London Stock Exchange It is mandatory to procure user consent prior to running these cookies on your website. 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. var __dcid = __dcid || []; Clearlake Capital Group uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. June 7, 2021 are based in the United States. 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. 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. 57.1% of the portfolio companies BX More information is available at www.juniperindustrial.com. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. KKR Managing Director, Motive Partners. 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. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. 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. 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. Clearlake Capital Group was a net buyer of stock by $498M. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. The firm's core target sectors are technology, industrials, and consumer. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. 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. 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. 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. 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 . 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.. Smart Sand (SND) Announces Repurchase of All Common Stock Owned by Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by You may opt-out by. CLEARLAKE CAPITAL GROUP, L.P. Top 13F Holdings - WhaleWisdom.com Necessary cookies are absolutely essential for the website to function properly. Significant experience across Clearlakes Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. 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. Copyright 2023 Surperformance. All rights reserved. Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth . But opting out of some of these cookies may affect your browsing experience. 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. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. Clearlake Capital Group - stockzoa 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. 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? Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . Smart Sand stock jumps 10% after buying Clearlake's entire stake in company Chelsea marks its first foray into pro sports. 14% of the total holdings value. sam@motivepartners.com . Morrison & Foerster LLP acted as legal advisor to Centerview Partners and Qatalyst Partners. 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 . I write about buyouts, mergers, acquisitions and other dealmaking. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. The firm believes that demand is due to the success of its past two funds. Here is the complete portfolio . 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 Capital Group, L.P.s portfolio is diversified across 4 sectors. Clearlake Capital Group, L.P. will pay $57.5 per share in cash. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. 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. SEC Filings include 13F quarterly reports, 13D/G events and more. This weeks new fund blew past an initial target of $10 billion. All rights reserved. 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 . Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. Clearlake Capital Group has raised 1 round. Clearlake and Motive-Backed Software Platform BetaNXT Expands Transaction builds on firm's end-to-end wealth solutions software platform, adds investor communications and proxy solutions BetaNXT, a provider of wealth management infrastructure software with . By continuing to browse, you hereby agree to the use of cookies. The transaction is expected to close in the second half of 2022. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. 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. 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. Clearlake Capital core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. We could not be more excited that Ramey and the broader Janus and Clearlake teams are our partners here, and we look forward to leveraging our teams decades of industrial and access control experience to support Janus strategic vision.. Clearlake Capital Group - LinkedIn Clearlake Capital Group - Tech Stack, Apps, Patents & Trademarks 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. For more information, visit our Privacy Policy. 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 . About Clearlake Capital Group, L.P. In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. Clearlake Capital Group - Funding, Financials, Valuation & Investors Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. $1.5 billion and $1.5 billion respectively. Clearlake Capital Group, L.P. completed the acquisition of Intertape These cookies do not store any personal information. A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . As a result . Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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. 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 on LinkedIn: #privateequity #investment # Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. 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. . Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. 2023 Benzinga.com. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. Clearlake is one of several private equity firms to set its sights on pro sports in recent years. All rights reserved. agreement to acquire the BETA+ assets from London Stock Exchange Group . . Clearlake Capital Group, L.p. Net Worth (2023) - GuruFocus.com This website uses cookies to improve your experience while you navigate through the website. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. For more information, please visitwww.smartsand.com. 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. Clearlake Capital Group, L.p. Buys Holley Inc, Altimeter Growth Corp BETA, Maxit and Digital Investor will operates as BetaNXT. Musk Made a Mess at Twitter. We also offer proppant logistics solutions to our customers through our in-basin transloading terminals and our SmartSystemswellsite storage capabilities. The transaction is expected to be completed in the second half of 2021. 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.

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