We also use third-party cookies that help us analyze and understand how you use this website. 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. JENNIFER HURSON +1-845-507-0571. Here is the complete portfolio . You also have the option to opt-out of these cookies.
Smart Sand stock jumps 10% after buying Clearlake's entire stake in company 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 . On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. Multiple reports have indicated that voting rights will be split equally between Clearlake and the rest of Boehlys group. But opting out of some of these cookies may affect your browsing experience. This website uses cookies to improve your experience while you navigate through the website. Cornerstone OnDemand, Inc. Appoints Ryan Courson as Chief Financial Officer. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo.
Clearlake Capital Group - Funding, Financials, Valuation & Investors The Pennsylvania-based . Necessary cookies are absolutely essential for the website to function properly. Chelsea marks its first foray into pro sports. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. These cookies do not store any personal information. The firm's core target sectors are technology, industrials, and consumer. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67.
Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by For more information, please visitwww.smartsand.com. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. They manage (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, 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. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. 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. The transaction is not subject to a financing condition. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. 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. SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: You also have the option to opt-out of these cookies.
Clearlake Capital Group - Tech Stack, Apps, Patents & Trademarks 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 . The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. .. 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. I want to thank Clearlake for its long-term commitment to Smart Sand. the total portfolio value.
Clearlake and Motive-Backed Software Platform BetaNXT Expands 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. BETA, Maxit and Digital Investor will operates as BetaNXT. var __dcid = __dcid || []; In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . Differentiated approach to investing
The total portfolio value may be much higher due to cash 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.". Clearlake Capital Group is a private investment firm founded in 2006. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland.
Smart Sand, Inc. Announces Rep - GuruFocus.com and Apollo Global Management sam@motivepartners.com . 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. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG).
Clearlake Capital Group Company Profile - Craft The average market cap of the portfolio companies is close to $1.94 billion. CLEARLAKE CAPITAL GROUP, L.P., the Director of Smart Sand Inc., sale 1,265,137 shares at $1.91 during a trade that took place back on Sep 19, which means that CLEARLAKE CAPITAL GROUP, L.P. is . This website uses cookies to improve your experience while you navigate through the website. This category only includes cookies that ensures basic functionalities and security features of the website.
Clearlake Capital to Acquire Confluence from TA Associates +447855910178. 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 Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. Managing Director, Motive Partners +447855910178.
Clearlake Capital Group LP - Company Profile and News __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); We produce low-cost, high quality Northern White sand, which is a premium sand used as proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells and for a variety of industrial applications. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. ABOUT CLEARLAKE.
Clearlake Capital | Portfolio As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal.
Clearlake Capital Completes Acquisition of Cornerstone OnDemand This category only includes cookies that ensures basic functionalities and security features of the website.
Clearlake Portfolio Company Janus International Group Announces Smart Sand (SND) Announces Repurchase of All Common Stock Owned by Delayed Nasdaq Shares +10.2% at $1.95 after hours. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. 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 . 57.1% of the portfolio companies 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. 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. 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, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. But it . in a $2 billion cash-and-stock sale to Penn National Gaming Inc.
Clearlake Capital Group, L.P. completed the acquisition of the 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. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector.
Intermediate Capital : The group going all in on single-asset acted as financial advisors to Clearlake. 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 . Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. By Donald Mazariegos 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.. 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?
Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by 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 Capital Group - stockzoa 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. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR 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. For more information please contact: JENNIFER HURSON. 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. 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. Qatalyst Partners LP and Centerview Partners LLC acted as financial advisors and fairness opinion provider and Jamie Leigh, Rachel Proffitt, Matt Silverman and Ben Beerle led team and Tracy Rubin, Barbara Mirza, Mischi A Marca, Megan Browdie, Howard Morse, Sarah Lightdale, David Silverman, Todd Gluth, Stella Sarma, Christine Graham, Kevin King, Christopher Kimball, Alexander Israel, Jason Savich, and David Navetta of Cooley LLP acted as legal counsel to Cornerstone. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Blackbaud Inc dropped approximately 0.1% in the past year. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . (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.
Smart Sand's Financial Position Is Quickly Deteriorating Clearlake Capital Group, L.P. operates as an investment company. 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.. Clearlakes operational improvement approach is O.P.S. Operations.
Clearlake Capital and Motive Partners Agree - Fintech Finance SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced .
Sports & Betting Group Of The Year: Paul Weiss - Law360 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.