Cornerstone OnDemand, Inc. Appoints Ryan Courson as Chief Financial Officer. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in KKR This category only includes cookies that ensures basic functionalities and security features of the website. Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. Central Index Key (CIK): 0001688282; This website uses cookies to improve your experience while you navigate through the website. Morgan Stanley & Co. LLC is acting as financial advisor to Janus. We also use third-party cookies that help us analyze and understand how you use this website. Necessary cookies are absolutely essential for the website to function properly. 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. * 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). Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. 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. We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. 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. Clearlake Capital Group, L.P. will pay $57.5 per share in cash. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. 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.. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. 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. All rights reserved. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. In addition, the fund holds 53,999,550 shares of Janus International Group In worth $488 million. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics As of 8th August 2022, Clearlake Capital Group, L.P.s top holding is 9,751,837 shares of Blackbaud Inc currently worth over $566 million and making up 37.8% of the portfolio value. 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. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. 14% of the total holdings value. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. 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. MacKenzie will be paid an approximately $25,000 plus expenses. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. 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). 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. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. 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's core target sectors are technology, industrials, and consumer. Differentiated approach to investing ABOUT CLEARLAKE. 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. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? It sold the previously owned 5,511,703 shares for $316 million. 2018 Cohesive Capital. 2022-02-14 20:23. Chelsea marks its first foray into pro sports. Clearlake Capital Group. 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 remainder was financed through an unsecured promissory note issued to Clearlake. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. 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. The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. Clearlake Capital Group, L.P. ("Clearlake"), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, today announced several . 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. 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 . The promissory note will mature on December 15, 2023. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. The transaction is expected to close in the second half of 2022. Clearlake, though, didnt wait around. APO 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. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. 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. 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. In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. The firm believes that demand is due to the success of its past two funds. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. that closed in April. Significant experience across Clearlakes I want to thank Clearlake for its long-term commitment to Smart Sand. The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. But it . Clearlake is one of several private equity firms to set its sights on pro sports in recent years. End-of-day quote Nasdaq UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. Quickly find out what the most recently closed or increased positions are. Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. June 7, 2021 JENNIFER HURSON +1-845-507-0571. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. Vector Capital will make minority investment at closing. investment firm founded in 2006. They manage For more information, visit our Privacy Policy. Clearlake Capital Group has raised 1 round. Spencer Klein of Morrison & Foerster as legal advisor to Qatalyst Partners LP and Centerview Partners LLC. The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. . "Bloomberg Opinion" columnists offer their opinions on issues in the news. It is mandatory to procure user consent prior to running these cookies on your website. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. These cookies do not store any personal information. Copyright 2023 Surperformance.

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