US :BLKB. and Apollo Global Management BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS 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. As a result . You also have the option to opt-out of these cookies. . We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. * 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). Will His AI Plans Be Any Different? But opting out of some of these cookies may affect your browsing experience. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth . 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 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 . Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. Clearlake Capital Group was a net seller of stock by $-28M. Chelsea marks its first foray into pro sports. 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. This category only includes cookies that ensures basic functionalities and security features of the website. Announces Repurchase of All Common Stock Owned by Clearlake Capital. 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. Here is the complete portfolio . This leaves the value of the investment at $16.4 million and 8,200,204 shares. Delayed Nasdaq Appointment Signals a Continued Focus on Driving Growth and Impact. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. 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. The investment fund also strengthened its position in Blackbaud Inc by buying This data is downloadable for data subscribers. Morgan Stanley (NYSE:MS), Rothschild & Co SCA (ENXTPA:ROTH), JPMorgan Chase & Co. (NYSE:JPM), The Goldman Sachs Group, Inc. (NYSE:GS), BofA Securities, Inc., Barclays PLC (LSE:BARC), Jefferies LLC and William Blair & Company, L.L.C. KKR A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . 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. 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 . Vector Capital will make minority investment at closing. But it . 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. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. By continuing to browse, you hereby agree to the use of cookies. End-of-day quote Nasdaq More information is available at www.clearlake.com and on Twitter @Clearlake. This is a BETA experience. The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. This website uses cookies to improve your experience while you navigate through the website. that closed in April. Earlier this month, Clearlake Capital played a key role in one of the biggest sports deals ever. -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). 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. Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. These cookies do not store any personal information. 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. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Positions held by Clearlake Capital Group consolidated in one spreadsheet with up to 7 years of data, Clearlake Capital Group holds 7 positions in its portfolio as reported in the December 2022 quarterly 13F filing, SEC 13F filings are viewable for Clearlake Capital Group going back to 2020. Copyright 2023 Surperformance. var __dcid = __dcid || []; in a $2 billion cash-and-stock sale to Penn National Gaming Inc. Do Not Sell My Personal Data/Privacy Policy. 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. 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. Quickly find out what the most recently closed or increased positions are. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. About Clearlake Capital Group, L.P. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. The Firm invests in both private and public transactions. Clearlake Capital Group was a net buyer of stock by $498M. 2022-02-14 20:23. All rights reserved. 2023 Benzinga.com. By continuing to browse, you hereby agree to the use of cookies. investment firm founded in 2006. The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. In May 2022, Clearlake announced the final closing of its seventh flagship private equity fund with more than $14.1 billion in commitments, against a $10 . 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 ). Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . The stock is now traded at . Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. jhurson@lambert.com . On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. 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.,. Clearlake, though, didnt wait around. BETA, Maxit and Digital Investor will operates as BetaNXT. 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. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. Clearlake Media Contact. 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.. Necessary cookies are absolutely essential for the website to function properly. 2018 Cohesive Capital. Copyright 2023 Surperformance. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Clearlake Media Contact - Lambert. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. 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. 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. Spencer Klein of Morrison & Foerster as legal advisor to Qatalyst Partners LP and Centerview Partners LLC. These cookies will be stored in your browser only with your consent. The firm's core target sectors are technology, industrials, and consumer. The Janus team operates out of several U.S. locations and six locations internationally. Clearlake is a leading private Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". 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. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. 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. 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. 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. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. All rights reserved. * Investors with a full data subscription can access data for any fund. Cornerstone OnDemand, Inc. acquired EdCast Inc. Recent trades. .. 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. Clearlake Capital Group is a private investment firm founded in 2006. Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. You also have the option to opt-out of these cookies. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. But opting out of some of these cookies may affect your browsing experience. The promissory note will mature on December 15, 2023. For more information please contact: JENNIFER HURSON. The deal is subject to regulatory approvals and other customary closing conditions,including theexpiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and certain customer consents. Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 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. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. Currently, their heaviest sector is Technology making up 61.9% of Blackbaud Inc dropped approximately 0.1% in the past year. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. 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. Qatalyst Partners LP and Centerview Partners LLC acted as financial advisors and fairness opinion provider and Jamie Leigh, Rachel Proffitt, Matt Silverman and Ben Beerle led team and Tracy Rubin, Barbara Mirza, Mischi A Marca, Megan Browdie, Howard Morse, Sarah Lightdale, David Silverman, Todd Gluth, Stella Sarma, Christine Graham, Kevin King, Christopher Kimball, Alexander Israel, Jason Savich, and David Navetta of Cooley LLP acted as legal counsel to Cornerstone. (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. 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. Morrison & Foerster LLP acted as legal advisor to Centerview Partners and Qatalyst Partners. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). 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. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. It is mandatory to procure user consent prior to running these cookies on your website. Clearlakes operational improvement approach is O.P.S. Operations. "Bloomberg Opinion" columnists offer their opinions on issues in the news. Significant experience across Clearlakes These cookies will be stored in your browser only with your consent. var __dcid = __dcid || []; jhurson@lambert.com. People. 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. 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. Multiple reports have indicated that voting rights will be split equally between Clearlake and the rest of Boehlys group. For more information, visit our Privacy Policy. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. 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. We are a fully integrated frac and industrial sand supply and services company. 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. The $57.50 per share purchase price represents a premium of approximately 31% to Cornerstone's unaffected closing stock price on June 1, 2021, the last full trading day prior to Clearlake filing a Schedule 13D in . Clearlake Capital Group, L.P. will pay $57.5 per share in cash. This is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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. You also have the option to opt-out of these cookies. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. More information is available at www.juniperindustrial.com. The firm believes that demand is due to the success of its past two funds. What Will New Tax Laws Mean For Your Business? And its already been busy putting its new pool of capital to work. . 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. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships.
Woga Gymnastics Meet 2022,
Comcast Nesn Plus Channel Number,
Albert Quinones Northport,
Texas Rangers Roof Open Today,
Articles C
