By continuing to browse, you hereby agree to the use of cookies. These cookies will be stored in your browser only with your consent. 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. 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. SEC Filings include 13F quarterly reports, 13D/G events and more. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. 2018 Cohesive Capital. Comments are Off, Janus, a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and commercial industrial sectors, will begin trading on the NYSE under ticker JBI. 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 currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. It sold the previously owned 5,511,703 shares for $316 million. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. When used in this communication, words such as may, should, could, would, expect, plan, anticipate, believe, estimate, continue, or the negative of such terms or other similar expressions, as they relate to the management team, identify forward-looking statements. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. It is mandatory to procure user consent prior to running these cookies on your website. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the 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 . It is mandatory to procure user consent prior to running these cookies on your website. 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. Managing Director, Motive Partners. 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. Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. Smart Sand, Inc. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Quickly find out what the most recently closed or increased positions are. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. 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 website uses cookies to improve your experience while you navigate through the website. The Janus team operates out of several U.S. locations and six locations internationally. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. 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. BETA, Maxit and Digital Investor will operates as BetaNXT. For more information please contact: JENNIFER HURSON. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. 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. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. 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. Please. 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 . Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. 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. All rights reserved. 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.". Guinea Sets Two-Week Deadline for Alumina Plants Projects, RAF Jets Escort Plane in Distress to Stansted Airport, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Rivian Tells Staff EV Output May Be 24% More Than Forecast, Shortage ofMetals for EVs Is Rising Up the Agenda in Automakers C-Suites, Meta Cuts the Price of Its Quest Headset Up to 33% After Disappointing Demand, In Blacklisting Inspur, US Targets Partner Used by Intel and IBM, John Malone andCharter Directors Agree to $87.5 Million Settlement, Congo President Tells Macron Conflict in East May Delay Election, Anti-ESG Crusader Wants to Take Trumps Agenda to Next Level, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61. BX We own and operate premium Northern White sand mines and related processing facilities in Wisconsin and Illinois, which have direct access to four Class I rail lines, allowing us to deliver products substantially anywhere in the United States and Canada. "Bloomberg Opinion" columnists offer their opinions on issues in the news. Past performance is a poor indicator of future performance. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. But it . core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. 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. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. Janus now serves over 10,000 customers on a global basis and has established itself as a leader in the broader commercial and self-storage ecosystems, providing innovative solutions that address unique and growing market needs, including Janus proprietary Nok access control solution that supports the Companys first-mover advantage in a nascent but large, addressable market for smart facilities and wireless management technologies. Clearlake Capital Group was a net buyer of stock by $498M. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . The investment fund also strengthened its position in Blackbaud Inc by buying Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. The average market cap of the portfolio companies is close to $1.94 billion. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Appointment Signals a Continued Focus on Driving Growth and Impact. Junipers management team has a proven track record of identifying market-leading technologies across the industrial spectrum, and an affinity for businesses with strong brands and mission-critical offering. var __dcid = __dcid || []; The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. Musk Made a Mess at Twitter. BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. After this action, CLEARLAKE CAPITAL GROUP, L.P. now owns 5,175,688 shares of Smart Sand Inc., valued at $3,459,116 using the latest closing price. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . We also offer proppant logistics solutions to our customers through our in-basin transloading terminals and our SmartSystemswellsite storage capabilities. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. * Investors with a full data subscription can access data for any fund. 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. Forward-looking statements speak only as of the date they are made, and neither Janus nor Juniper is under any obligation, and each of them expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. "We believe this buyout of Clearlake's equity position demonstrates our focus on shareholder returns and is a good investment in the future of Smart Sand. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. The transaction is not subject to a financing condition. This leaves the value of the investment at $16.4 million and 8,200,204 shares. Copyright 2023 Surperformance. 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. Smart Sand, Inc. (NASDAQ: SND) (the Company) announced today that it has repurchased 5.18 million shares of the Companys common stock (the Shares) from Clearlake Capital Partners II (Master), L.P.,. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Shares +10.2% at $1.95 after hours. 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. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". 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. There are currently 7 companies in Mr. Cannons portfolio. 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 . 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. About Clearlake. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. 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 . 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. Spencer Klein of Morrison & Foerster as legal advisor to Qatalyst Partners LP and Centerview Partners LLC. 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 . Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. Clearlake provided much of the financing for a victorious group led by billionaire Todd Boehly, with Sky News reporting the firm will own about 60% of the teams shares. ABOUT CLEARLAKE. The transaction is expected to be completed in the second half of 2021. The Firm invests in both private and public transactions. Company profile page for Clearlake Capital Group LP including stock price, company news, press releases, executives, board members, and contact information With a sector-focused approach, the . Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. Landmark Partners and Goldman Sachs Asset Management are the most recent investors. 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 . 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 . 53,999,550 shares of Janus International Group In worth $488 million, Holley Inc worth $28.9 million, with 2,750,000 shares owned, Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million, Blackbaud Inc total 9,751,837 shares worth $566 million. SND repurchased 5.18 million . 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. Recent trades. agreement to acquire the BETA+ assets from London Stock Exchange Group . The transaction was unanimously approved by Cornerstone's Board of Directors. The transaction has an enterprise value of approximately $5.2 billion. Lambert. TEMPLE, GA, AND SANTA MONICA, CA, June 7, 2021 Janus International Group, Inc. (Janus or the Company), Clearlake Capital Group, L.P. (Clearlake) and Juniper Industrial Holdings, Inc. (Juniper) announced today the closing of Janus previously announced business combinationwith Juniper, a publicly-listed special purpose acquisition company (NYSE: JIH). Chelsea marks its first foray into pro sports. More information is available at www.janusintl.com. -, Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manage Content from Anywhere, Cornerstone OnDemand, Inc. Cornerstone OnDemand, Inc. entered into a Stock Purchase Agreement to acquire SumTotal .. These cookies do not store any personal information. By Donald Mazariegos The promissory note will mature on December 15, 2023. 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 Company invests and focuses on private equity, communications, health care, and industrial companies. Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Copyright 2023 Surperformance. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. More information is available at www.clearlake.com and on Twitter @Clearlake. 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. The stock was Smart Sand ( NASDAQ: SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. The firm's core target sectors are technology, industrials, and consumer. 14% of the total holdings value. All rights reserved. +1-845-507-0571. 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. (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. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. 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.. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. . All rights reserved. Benzinga does not provide investment advice. 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. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Clearlake Capital Group was a net seller of stock by $-28M. The estimated net worth of Clearlake Capital Group, L.p. is at least $27 Million dollars as of 2023-02-28. In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. (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. For more information, please visitwww.smartsand.com. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. 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. Clearlake Capital Group, L.P. will pay $57.5 per share in cash. 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. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. 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 is one of several private equity firms to set its sights on pro sports in recent years. J.P. Morgan, BofA Securities, Ares, Golub, Antares, Barclays, Blue Owl, BMO Capital Markets, BNP Paribas, Credit Suisse, Goldman Sachs and Jefferies are providing the debt financing for the transaction. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. 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 . We also use third-party cookies that help us analyze and understand how you use this website. 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. What Will New Tax Laws Mean For Your Business? 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. SAM TIDSWELL-NORRISH. "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. The majority of the companies in the funds portfolio are small-cap stocks. This weeks new fund blew past an initial target of $10 billion. Clearlake Capital Group has raised 1 round. All rights reserved. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. Founded in 2006 by Jose E. Feliciano and Behdad Eghbali, it now manages some $72 billion in assets, with most of its dealmaking focused on the tech, industrials and consumer sectors. The Pennsylvania-based . The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. As a result of the transaction, Cornerstone is now a privately held company and . This website uses cookies to improve your experience while you navigate through the website. BETA, Maxit and Digital Investor will operates as BetaNXT. 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. 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. Moelis & Company LLC is also acting as financial advisor to Juniper. The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . The consideration of $1.1 billion will be paid in cash, before tax and separation costs. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. 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. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever.