The Janus team operates out of several U.S. locations and six locations internationally. These positions were updated on August 15th based on the funds latest 13F filing. 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The firm's core target sectors are technology, industrials and consumer. (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. Long-term strategic partnership with management to transform and grow companies. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. We also use third-party cookies that help us analyze and understand how you use this website. In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. Clearlake is one of several private equity firms to set its sights on pro sports in recent years. 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. 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. The third-largest holding is BlackLine Inc worth $361 million and the next is Holley Inc worth $28.9 million, with 2,750,000 shares owned. 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, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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. 14% of the total holdings value. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. 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. All statements other than statements of historical fact included in this communication are forward-looking statements. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. We also use third-party cookies that help us analyze and understand how you use this website. var __dcid = __dcid || []; Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. * To download the data without a subscription, you can purchase 90-day access to a single fund (Clearlake Capital Group) for $24.00 USD (one time). 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? -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS BETA, Maxit and Digital Investor will operates as BetaNXT. On March 21, 2022, private equity firms Clearlake Capital Group and Motive Partners acquired business services company BetaNXT from London Stock Exchange Group for 1.1B USD Acquisition Highlights. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. 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 Capital Group is actively using 10 technologies for its website, according to BuiltWith. These cookies will be stored in your browser only with your consent. . The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. The transaction is not subject to a financing condition. This represents 12.4 percent ownership of the company. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. The estimated net worth of Clearlake Capital Group, L.p. is at least $27 Million dollars as of 2023-02-28. The firm has offices in Santa Monica and Dallas. and Apollo Global Management This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. These include Viewport Meta , IPhone / Mobile Compatible , and SPF. London Stock Exchange Group plc ("LSEG") today announces it has agreed to divest BETA, Maxit and Digital Investor (collectively "BETA+") to affiliates of Clearlake Capital Group L.P ("Clearlake") and Motive Partners ("Motive") for a total cash consideration of $1,100 million ("the Transaction"), before tax and separation costs. With a sector-focused approach, the . 2022-02-14 20:23. Chelsea marks its first foray into pro sports. 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. What Will New Tax Laws Mean For Your Business? Strategy. Smart Sand, Inc. The firm's core target sectors are technology, industrials, and consumer. acted as financial advisors to Clearlake. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. 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. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. Smart Sand ( NASDAQ: SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. For more information, please visitwww.smartsand.com. Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. And its already been busy putting its new pool of capital to work. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. 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. 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. This website uses cookies to improve your experience while you navigate through the website. About Clearlake. Clearlake Capital Group was a net seller of stock by $-28M. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth . the total portfolio value. Vector Capital will make minority investment at closing. Clearlake Capital Group, L.P. operates as an investment company. 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 . But opting out of some of these cookies may affect your browsing experience. 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. BETA, Maxit and Digital Investor will operates as BetaNXT. 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 . The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. 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. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); The Firm invests in both private and public transactions. * Investors with a full data subscription can access data for any fund. The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. These cookies do not store any personal information. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Clearlake Capital Group, L.P. will pay $57.5 per share in cash. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. These cookies will be stored in your browser only with your consent. Central Index Key (CIK): 0001688282; 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. KKR 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. You also have the option to opt-out of these cookies. 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. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies.
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