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. All rights reserved. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); 2018 Cohesive Capital. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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. The transaction is expected to be completed in the second half of 2021. 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. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. These positions were updated on August 15th based on the funds latest 13F filing. But opting out of some of these cookies may affect your browsing experience. The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. For more information, please visitwww.smartsand.com. We are a fully integrated frac and industrial sand supply and services company. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. ng-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S. The firm's core target sectors are technology, industrials and consumer. 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. Private equity firms Clearlake Capital Group and Motive Partners acquired BetaNXT from the London Stock Exchange in 2022 and are looking to expand its market presence in the U.S. Clearlake Capital Group, L.P. entered into a definitive agreement to acquire Intertape Polymer Group Inc. (TSX:ITP) from individual shareholders and others for CAD 2.5 billion on March 7, 2022. SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. June 7, 2021 They manage .. 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. 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, 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. Landmark Partners and Goldman Sachs Asset Management are the most recent investors. 2023 Benzinga.com. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. Necessary cookies are absolutely essential for the website to function properly. But opting out of some of these cookies may affect your browsing experience. 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. 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. LSEG expects to hand a "significant proportion" of the net proceeds to shareholders via a buyback, which would likely start in the third quarter. The total portfolio value may be much higher due to cash The stock is now traded at . 57.1% of the portfolio companies The firm's core target sectors are technology, industrials, and consumer. Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. Managing Director, Motive Partners. -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS 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 . 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. investment firm founded in 2006. Necessary cookies are absolutely essential for the website to function properly. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . ABOUT CLEARLAKE. I write about buyouts, mergers, acquisitions and other dealmaking. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. 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 . The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, expiration or termination of any waiting periods applicable to the consummation of the Merger under the Hart-Scott-Rodino Antitrust Improvements Act and approval by a majority of Cornerstone stockholders. 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 . 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. About Clearlake Capital Group, L.P. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. It primarily invests in the industrial and energy sectors, technology and software, and consumer services. As a result . 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 . Morrison & Foerster LLP acted as legal advisor to Centerview Partners and Qatalyst Partners. More information is available at www.clearlake.com and on Twitter @Clearlake. Clearlake Capital Group, L.P. will pay $57.5 per share in cash. The Company invests and focuses on private equity, communications, health care, and industrial companies. Clearlake Capital Group, L.p. has filed a 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 5,977,485 shares of Blackbaud, Inc. ( BLKB ). Will His AI Plans Be Any Different? Here is the complete portfolio . 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.. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. Clearlake is a leading private 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. The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. You also have the option to opt-out of these cookies. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. Clearlake, though, didnt wait around. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. 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. We also use third-party cookies that help us analyze and understand how you use this website. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. KKR Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. JENNIFER HURSON +1-845-507-0571. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. 3,774,352 additional shares. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. Significant experience across Clearlakes Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. 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. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. The Pennsylvania-based . through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. 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 are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. The transaction has an enterprise value of approximately $5.2 billion. This weeks new fund blew past an initial target of $10 billion. This is a BETA experience. Clearlake Media Contact. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. SND repurchased 5.18 million . (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. 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 is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR Clearlake Capital Group is a private investment firm founded in 2006. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); More information is available at www.clearlake.com and on Twitter @ClearlakeCap. We are equally as excited to welcome the Juniper team who I view as the perfect partners to help us and Clearlake drive the next chapter of growth for our company. 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. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in Clearlake Capital Group has raised 1 round. All rights reserved. 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. 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. +1-845-507-0571. This website uses cookies to improve your experience while you navigate through the website. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. You also have the option to opt-out of these cookies. SEC Filings include 13F quarterly reports, 13D/G events and more. Leah Sauter, Peter Harwich, Lisa Watts, Eric Kamerman, Jennifer Pepin, Farrell Malone, Kelly Fayne, Steven Betensky, Tony Kim, Andrew Galdes, Drew Levin, Anna Ngo, Edward Barnett and Farah O'Brien of Latham & Watkins LLP acted as legal advisor for London Stock Exchange Group plc in the transaction. This website uses cookies to improve your experience while you navigate through the website. Detailed Profile of CLEARLAKE CAPITAL GROUP, L.P. portfolio of holdings. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. 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 . Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. It is mandatory to procure user consent prior to running these cookies on your website.
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