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Clearlake Capital and Motive Partners Agree to Acquire BETA+ from The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. . This category only includes cookies that ensures basic functionalities and security features of the website. We are a fully integrated frac and industrial sand supply and services company. These cookies will be stored in your browser only with your consent. 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. Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by Clearlake Capital Group, L.P. 13F annual report - wallmine This is a BETA experience. "Bloomberg Opinion" columnists offer their opinions on issues in the news. Clearlake Capital Group Company Profile - Craft Cornerstone OnDemand, Inc. Appoints Ryan Courson as Chief Financial Officer. The Janus team operates out of several U.S. locations and six locations internationally. 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. +447855910178. Delayed London Stock Exchange For more information, please visitwww.smartsand.com. (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. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. By continuing to browse, you hereby agree to the use of cookies. But opting out of some of these cookies may affect your browsing experience. Shares +10.2% at $1.95 after hours. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. 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. 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. All rights reserved. +1-845-507-0571. Clearlake Capital Group was a net seller of stock by $-28M. The transaction was unanimously approved by Cornerstone's Board of Directors. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlakes operational improvement approach, O.P.S. The firms core target sectors are industrials, technology and consumer. As a result . The transaction has an enterprise value of approximately $5.2 billion. (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. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. Funding. 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. is an investment fund managing more than $1.5 billion ran by John Cannon. JENNIFER HURSON +1-845-507-0571. Clearlake Capital and Motive Partners Agree to Acquire BETA+ from Smart Sand stock jumps 10% after buying Clearlake's entire stake in company Are Chelsea going to knock down Stamford Bridge? Latest on 1.5 billion Clearlake Capital Group, L.P. operates as an investment company. Clearlake Capital Group, L.P. completed the acquisition of the Clearlake and Motive-Backed Software Platform BetaNXT Expands Clearlake Capital Group was a net buyer of stock by $498M. 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 is a leading private Clearlake Capital Group, L.p. increases ownership in BLKB - Fintel 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. 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 . Managing Director, Motive Partners +447855910178. Strategy. SAM TIDSWELL-NORRISH. Differentiated approach to investing The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. All rights reserved. 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 . KKR Clearlake Capital Group has raised 1 round. Necessary cookies are absolutely essential for the website to function properly. Smart Sand, Inc. BETA, Maxit and Digital Investor will operates as BetaNXT. These include Viewport Meta , IPhone / Mobile Compatible , and SPF. 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. Clearlake Capital Group to Acquire Unifrax From American Securities On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Clearlake Capital Group - Tech Stack, Apps, Patents & Trademarks The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. Mark Partin Sells 10,000 Shares of BlackLine, Inc. (NASDAQ:BL) Stock Janus International Group In Common Stock, https://www.sec.gov/Archives/edgar/data/1688282/0, Track 13F-HR Filings for Hedge Funds and Value Investors. 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. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. 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 . 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. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. All statements other than statements of historical fact included in this communication are forward-looking statements. 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.. Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by Clearlake Capital Group Clearlake Capital Group - Slintel All rights reserved. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics These cookies will be stored in your browser only with your consent. This website uses cookies to improve your experience while you navigate through the website. 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. Clearlake Capital Group, L.P. ("Clearlake") and Motive Partners ("Motive" and collectively, the "Sponsors"), today announced that they have entered into a definitive agreement to acquire the BETA+ assets from London Stock Exchange Group ("LSEG"), which encompasses the assets of BETA (securities processing, custody, clearing, and asset servicing technology), Maxit (cost and tax . Clearlake Sells Majority Interest in Floworks to Wynnchurch Capital Clearlake Capital Group, L.P. will pay $57.5 per share in cash. Blackbaud Inc dropped approximately 0.1% in the past year. Smart Sand (SND) Announces Repurchase of All Common Stock Owned by But the tides have turned. Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. 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 . .. 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. 14% of the total holdings value. through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. But opting out of some of these cookies may affect your browsing experience. 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.. I want to thank Clearlake for its long-term commitment to Smart Sand. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Intertape Polymer Group Inc. ("IPG") Enters into 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? 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 . Please. It is mandatory to procure user consent prior to running these cookies on your website. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . Clearlake Capital Group - Recent News & Activity The firm believes that demand is due to the success of its past two funds. Clearlake, though, didnt wait around. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . 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 . BETA, Maxit and Digital Investor will operates as BetaNXT. 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 . Javascript is disabled or is not supported by your browser. More information is available at www.clearlake.com and on Twitter @Clearlake. 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. The stock is now traded at . APO You also have the option to opt-out of these cookies. 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. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. Past performance is a poor indicator of future performance. The Company invests and focuses on private equity, communications, health care, and industrial companies. We also use third-party cookies that help us analyze and understand how you use this website. 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 are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. Clearlake Capital Group - LinkedIn 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 .