the total portfolio value. 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. But the tides have turned. We are fortunate to have had Clearlakes support and their technology and building products expertise over the last several years as we built new software-based solutions and closed on several accretive acquisitions. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); var __dcid = __dcid || []; Clearlake Capital Group is a private investment firm founded in 2006. There are currently 7 companies in Mr. Cannons portfolio. Smart Sand, Inc. Delayed London Stock Exchange Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. The Company invests and focuses on private equity, communications, health care, and industrial companies. Certain statements in this communication may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All rights reserved. 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. 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. 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. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. These cookies do not store any personal information. Long-term strategic partnership with management to transform and grow companies. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. In this episode, hear how Yee introduced Jay Electronica to Jay Z, why she decided to book Eminem for one of his first shows, and how she's expanded her empire to include real estate and a new coffee venture. Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. Clearlake Capital Group, L.P. will pay $57.5 per share in cash. Clearlake Capital Group, L.P. and Motive Capital Management, LLC entered into a definitive agreement to acquire BETA, Maxit and Digital Investor assets from London Stock Exchange Group plc (LSE:LSEG) for $1.1 billion on March 21, 2022. People. Shares +10.2% at $1.95 after hours. sam@motivepartners.com . Clearlake Capital Group uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. 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. A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . 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. For more information, please visitwww.smartsand.com. Bloomberg reported last month that Blackstone, Apollo and TPG are all offering investors the option to delay commitments to their latest flagship funds until 2023. Clearlake Capital Group was a net seller of stock by $-28M. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Clearlake, though, didnt wait around. Together with Juniper, we believe Janus is uniquely positioned to drive considerable additional stakeholder value and look forward to our continued partnership., Our goal with Juniper was not only to find a great investment for our platform, but to also partner with an industry leading company with an abundant number of growth opportunities where our team can add significant value and resources, said Roger Fradin, Chairman of Juniper. ABOUT CLEARLAKE. Copyright 2023 Surperformance. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR 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 . Vector Capital will make minority investment at closing. 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 is a leading investment firm focused on private equity and special situation transactions. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in Delayed Nasdaq Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. .. 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. You also have the option to opt-out of these cookies. By Donald Mazariegos Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. 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. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. 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. 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 has $1.5B in assets under management (AUM), dropping by 43.70%. The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. 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. Lee BeckelmanPhone: (281) 231-2660Email: lbeckelman@smartsand.com. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. 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. And its already been busy putting its new pool of capital to work. 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 . These positions were updated on August 15th based on the funds latest 13F filing. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. Clearlake Capital Group is funded by 3 investors. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. 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. Appointment Signals a Continued Focus on Driving Growth and Impact. It also specializes in the middle and lower . are based in the United States. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. It is mandatory to procure user consent prior to running these cookies on your website. +447855910178. It is mandatory to procure user consent prior to running these cookies on your website. investment firm founded in 2006. Will His AI Plans Be Any Different? For more information, visit our Privacy Policy. Lambert. SEC Filings include 13F quarterly reports, 13D/G events and more. 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 . 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. You may opt-out by. 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. Do Not Sell My Personal Data/Privacy Policy. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. By continuing to browse, you hereby agree to the use of cookies. 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. 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 Group has raised 1 round. This website uses cookies to improve your experience while you navigate through the website. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. Morrison & Foerster LLP acted as legal advisor to Centerview Partners and Qatalyst Partners. +1-845-507-0571. Landmark Partners and Goldman Sachs Asset Management are the most recent investors. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. As a result . /PRNewswire/ -- Clearlake Capital Group, . For more information, visit our Privacy Policy. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. 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. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. They manage The Clearlake and Motive were advised by Wells Fargo as exclusive financial advisor, Sidley Austin LLP as legal counsel, Deloitte as accounting, tax, carveout and human resources counsel, BCG as commercial advisor, and Motive Create for technical due diligence. "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. 3,774,352 additional shares. 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. Significant experience across Clearlakes Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. This is a BETA experience. 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 . This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. The transaction is expected to be completed in the second half of 2021. In addition to factors previously disclosed in Juniper and Januss reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (i) the effect of the merger on Januss business relationships, operating results, and business generally; (ii) failure to realize the benefits expected from the transaction; (iii) risks that the merger disrupts Januss current plans and operations and potential difficulties in Januss employee retention as a result of the merger; (iv) the effects of pending and future legislation; (v) risks related to disruption of management time from ongoing business operations due to the transaction; (vi) the amount of the costs, fees, expenses and other charges related to the merger; (vii) risks of the self-storage industry; (viii) the highly competitive nature of the self-storage industry and Januss ability to compete therein; (ix) litigation, complaints, and/or adverse publicity; (x) the ability to meet NYSEs continued listing standards following the consummation of the transaction and (xi) cyber incidents or directed attacks that could result in information theft, data corruption, operational disruption and/or financial loss. We also use third-party cookies that help us analyze and understand how you use this website. 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. June 7, 2021 . BX 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 Clearlake . Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. Clearlakes operational improvement approach is O.P.S. Operations. Radio personality and budding entrepreneur Angela Yee describes her youth in the New York City hip hop scene, her first radio job at Shade 45 and how she played a central role in bringing together some of the biggest names in music. Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . The formal close comes about two weeks after Clearlake agreed to buy a major stake in Chelsea FC as part of a high-profile auction for the West London soccer club. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. Clearlake Capital Group was a net buyer of stock by $498M. BETA, Maxit and Digital Investor will operates as BetaNXT.