and Apollo Global Management It sold the previously owned 5,511,703 shares for $316 million. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies.
SND repurchased 5.18 million . var __dcid = __dcid || []; Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction.
Clearlake Capital Group, L.p. - SEC Filings - Fintel.io Clearlake Capital Engages in Discussions with Blackbaud, Inc Blackbaud : DA Davidson Adjusts Blackbaud PT to $75 From $56, Maintains Neutra.. President, Chief Executive Officer & Director, CFO, Executive VP-Finance & Administration.
Clearlake Capital Group - Funding, Financials, Valuation & Investors But the tides have turned. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. 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.
Clearlake Capital Group, L.p. Net Worth (2023) - GuruFocus.com 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 . 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 . ABOUT CLEARLAKE. 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. The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. Smart Sand ( NASDAQ: SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR Clearlake is a leading private This weeks new fund blew past an initial target of $10 billion. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. BX
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. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The transaction has an enterprise value of approximately $5.2 billion. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook.
Mark Partin Sells 10,000 Shares of BlackLine, Inc. (NASDAQ:BL) Stock Clearlake Media Contact.
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Clearlake Capital-Backed Discovery Education Names EdTech Veteran As a result of the transaction, Cornerstone is now a privately held company and shares of Cornerstone common stock are no longer listed on the public market. 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. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. 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. 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 . 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. Managing Director, Motive Partners.
Clearlake Capital Group and Motive Partners Acquire BetaNXT Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. The stock is now traded at . But opting out of some of these cookies may affect your browsing experience. More information is available at www.janusintl.com. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, .
Clearlake Capital Group, L.p. increases ownership in BLKB - Fintel Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Cornerstone OnDemand, Inc. Appoints Ryan Courson as Chief Financial Officer. The Pennsylvania-based . 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. var __dcid = __dcid || []; 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. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. For more information, visit our Privacy Policy. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. The firm believes that demand is due to the success of its past two funds. var __dcid = __dcid || [];
Smart Sand's Financial Position Is Quickly Deteriorating Cornerstone OnDemand, Inc. acquired EdCast Inc. These cookies do not store any personal information. BETA, Maxit and Digital Investor will operates as BetaNXT. 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. Benzinga does not provide investment advice. These cookies will be stored in your browser only with your consent. 3,774,352 additional shares. /PRNewswire/ -- Clearlake Capital Group, . 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.
Clearlake Capital Group - stockzoa Clearlake is one of several private equity firms to set its sights on pro sports in recent years. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. THE BIGGER PICTURE: A 1.5 billion ($1.8bn) project is said to be in the pipeline, with Todd Boehly and the Blues' Clearlake Capital ownership group ready to press ahead with rebuilding plans.It . The firm's core target sectors are technology, industrials, and consumer. 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 ). Delayed London Stock Exchange Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. * 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). But it roughly doubled that size with each of its next three vehicles, climbing to $3.6 billion in 2017 and about $7 billion in 2020.
Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . In their previous filing dated June 8, 2021, the investor reported owning 5,724,154 shares .
Are there any attempts to gain ground? Smart Sand Inc. (SND) Stock Untangling Motive And Clearlake's Median Communications Deal | Wealth Stephen C. Daffron, Industry Partner at Motive Partners, named Chairman and Chief Executive Officer, Caroline O'Connell, Industry Partner at Motive Partners, to serve as Chief Administrative Officer, Don Henderson appointed Chief Technology Officer, Tim Rutka as President of BETA, and Michael Pass as President of Maxit and Digital Investor. 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. 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. 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 is actively using 10 technologies for its website, according to BuiltWith. We also use third-party cookies that help us analyze and understand how you use this website. Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. We are a fully integrated frac and industrial sand supply and services company. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. All rights reserved. Please.
Clearlake Capital Group | Company Profile | Private Equity International But it . assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers.
Jose Mourinho sent-off again as Cremonese finally win a match in Serie By continuing to browse, you hereby agree to the use of cookies. Blackbaud Inc dropped approximately 0.1% in the past year. 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. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. 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. Blackbaud Inc dropped approximately 0.1% in the past year. The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. This category only includes cookies that ensures basic functionalities and security features of the website. sam@motivepartners.com . 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. About Clearlake Capital Group, L.P. Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. 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. Strategy. 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. 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. Multiple reports have indicated that voting rights will be split equally between Clearlake and the rest of Boehlys group.
Clearlake Sells Majority Interest in Floworks to Wynnchurch Capital All rights reserved.
Stock Market | FinancialContent Business Page 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. The promissory note will mature on December 15, 2023.
Intertape Polymer Group Inc. ("IPG") Enters into