The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. By continuing to browse, you hereby agree to the use of cookies. Clearlake Capital Group, L.P. completed the acquisition of the Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. 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. All rights reserved. Clearlake Capital Group - Recent News & Activity 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.. SEC Filings include 13F quarterly reports, 13D/G events and more. Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. Clearlake Capital Group, L.p. Buys Holley Inc, Altimeter Growth Corp Necessary cookies are absolutely essential for the website to function properly. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. More information is available at www.janusintl.com. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Upon completion of the transaction, Cornerstone will become a private company and shares of Cornerstone common stock will no longer be listed on any public market. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. BETA, Maxit and Digital Investor will operates as BetaNXT. This weeks new fund blew past an initial target of $10 billion. 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. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. Clearlake Capital Group, L.p. is the Director, 10% Owner of Janus International Group Inc and owns about 1,693,600 shares of Janus International Group Inc (JBI) stock worth over $18 Million.Clearlake Capital Group, L.p. is also the Director, 10% Owner of Smart Sand Inc and owns about . Shares +10.2% at $1.95 after hours. 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 . This is a BETA experience. Smart Sand's Financial Position Is Quickly Deteriorating Recent trades. var __dcid = __dcid || []; Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. This represents 12.4 percent ownership of the company. 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. What Will New Tax Laws Mean For Your Business? Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. Significant experience across Clearlakes Clearlake Capital Group, L.P. operates as an investment company. And with so many firms seeking to raise funds, LPs have plenty of options. But the tides have turned. 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. 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. Clearlake Portfolio Company Janus International Group Announces The transaction is not subject to a financing condition. Clearlake Capital Group, L.P. 13F annual report - wallmine 3,774,352 additional shares. 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 . All rights reserved. People. The Janus team operates out of several U.S. locations and six locations internationally. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. End-of-day quote Nasdaq . "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. * Investors with a full data subscription can access data for any fund. jhurson@lambert.com. Clearlake Capital Group serves customers in the State of California. It is mandatory to procure user consent prior to running these cookies on your website. 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. Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . Clearlake Capital Engages in Discussions with Blackbaud, Inc 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. US :BLKB. These cookies do not store any personal information. Clearlake Capital-Backed Discovery Education Names EdTech Veteran Differentiated approach to investing __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Shares +10.2% at $1.95 after hours. The transaction was unanimously approved by Cornerstone's Board of Directors. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. Clearlake Capital Group Announces Senior Promotions and New Additions 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. These positions were updated on August 15th based on the funds latest 13F filing. The firm's core target sectors are technology, industrials, and consumer. Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. SAM TIDSWELL-NORRISH. Clearlake Capital Group is a private investment firm founded in 2006. "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. These cookies will be stored in your browser only with your consent. agreement to acquire the BETA+ assets from London Stock Exchange Group . Blackbaud Inc dropped approximately 0.1% in the past year. 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. Clearlake is part of new generation of private equity powers that emerged in the 2000s and are now raising the sorts of massive capital pools that used to be the domain of long-established firms like Blackstone Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. 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. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. The Financial Balancing Act Of 2023: Prioritizing Sustainable Growth, 12 Essential Things To Know Before Leveraging Tax Equity Investments, 3 Emerging Trends In Silicon Valley's Unicorn Market, Three Ways To Shore Up Your Risk Management Practices. For more information, visit our Privacy Policy. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 2022-02-14 20:23. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. Announces Repurchase of All Common Stock Owned by Clearlake Capital. Mehdi Khodadad, Nicholas M. Schwartz, Kristen L. Smith, Matthew B. Walker, Johnny G. Skumpija, Eric Kauffman, Teresa L. Reuter, Peter McCorkell, Rachel D. Kleinberg, Stacy Crosnicker, Marian Fielding, Karen Kazmerzak, Ken Daly, Elizabeth Chen, Sara B. Brody, Craig Francis Dukin, Sven De Knop, Barbara Broussard, Alan Charles Raul, and Scott Williams of Sidley Austin LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to Clearlake in the connection with the acquisition and debt financing. These include Viewport Meta , IPhone / Mobile Compatible , and SPF. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. 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.,. Spencer Klein of Morrison & Foerster as legal advisor to Qatalyst Partners LP and Centerview Partners LLC. This category only includes cookies that ensures basic functionalities and security features of the website. There are currently 7 companies in Mr. Cannons portfolio. Untangling Motive And Clearlake's Median Communications Deal | Wealth Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. More information is available at www.clearlake.com and on Twitter @Clearlake. 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. The Pennsylvania-based . 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. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. The stock was __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); IAPD - Investment Adviser Public Disclosure - Homepage Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by MacKenzie will be paid an approximately $25,000 plus expenses. Smart Sand, Inc. Announces Rep - GuruFocus.com Clearlake Capital Group Company Profile - Craft Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. Clearlake Capital and Motive Partners Agree - Fintech Finance .. 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. Managing Director, Motive Partners +447855910178. Clearlake Capital Group | Company Profile | Private Equity International Smart Sand (SND) Announces Repurchase of All Common Stock Owned by
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