Blackbaud Inc dropped approximately 0.1% in the past year. The firm has offices in Santa Monica and Dallas. By continuing to browse, you hereby agree to the use of cookies. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . 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. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". Blackbaud : DA Davidson Adjusts Blackbaud PT to $75 From $56, Maintains Neutra.. President, Chief Executive Officer & Director, CFO, Executive VP-Finance & Administration. Necessary cookies are absolutely essential for the website to function properly. 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. MacKenzie will be paid an approximately $25,000 plus expenses. These cookies will be stored in your browser only with your consent. 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. 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. Based in Santa Monica, California, Clearlake is led by Jos E. Feliciano and Behdad Eghbali. The Janus team operates out of several U.S. locations and six locations internationally. All rights reserved. SAM TIDSWELL-NORRISH. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. 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. Funding. The stock was 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 Capital Group was a net buyer of stock by $498M. And its already been busy putting its new pool of capital to work. Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. 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. SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: The purchase prices were between $10.2 and $11.64, with an estimated average price of $10.67. agreement to acquire the BETA+ assets from London Stock Exchange Group . Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. More information is available at www.juniperindustrial.com. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. 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. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. Copyright 2023 Surperformance. Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . Now, the Santa Monica-based buyout firm has closed its biggest fund yet. The investment fund also strengthened its position in Blackbaud Inc by buying Copyright 2023 Surperformance. are based in the United States. 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. Recent trades. 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. Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. .. 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. Now, Mediant's technology will join the three pieces Clearlake and Motive acquired a year ago for $1.1 billion from Refinitiv, a part of the London Stock Exchange Group (at which time a . For more information, please visitwww.smartsand.com. 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. Clearlake is one of several private equity firms to set its sights on pro sports in recent years. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS 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. These cookies will be stored in your browser only with your consent. 3,774,352 additional shares. 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. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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 majority of the companies in the funds portfolio are small-cap stocks. 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 In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. All rights reserved. People. SAM TIDSWELL-NORRISH. As a result of the transaction, Cornerstone is now a privately held company and . What Will New Tax Laws Mean For Your Business? Clearlake Media Contact - Lambert. We also use third-party cookies that help us analyze and understand how you use this website. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. The transaction is not subject to a financing condition. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. More information is available at www.clearlake.com and on Twitter @Clearlake. BX June 7, 2021 Long-term strategic partnership with management to transform and grow companies. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); * Investors with a full data subscription can access data for any fund. Cornerstone OnDemand, Inc. Appoints Ryan Courson as Chief Financial Officer. 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 is actively using 10 technologies for its website, according to BuiltWith. 57.1% of the portfolio companies Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. This weeks new fund blew past an initial target of $10 billion. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. The firm's core target sectors are technology, industrials, and consumer. There are currently 7 companies in Mr. Cannons portfolio. 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. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. These positions were updated on August 15th based on the funds latest 13F filing. Landmark Partners and Goldman Sachs Asset Management are the most recent investors. 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. More information is available at www.janusintl.com. 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 has ascended into the upper echelons of private equity fundraising with some serious speed. -, SoftBank snub shows London risks losing its listings lustre, London Stock Exchange urges rapid UK reforms after Arm's snub, HSBC issues USD150.0 million senior unsecured notes due 2036, Ireland's Cairn Homes Launches EUR40 Million Share Buyback, Norges Bank - Form 8.3 - Horizon Therapeutics Plc, Citigroup cuts Admiral; Jefferies likes PPHE, SoftBank's Arm rebuffs London by choosing U.S. listing, Standard Chartered Buys Back 2.7 Million Shares, Metal Tiger to delist from AIM, to maintain trading on ASX, Citigroup cuts Persimmon; HSBC raises Asos, Goldman Sachs Trims London Stock Exchange PT, Maintains Buy Rating, Group Chief Executive Officer & Executive Director. 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. Clearlake, though, didnt wait around. var __dcid = __dcid || []; (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; . (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. 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. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. 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. In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. These cookies will be stored in your browser only with your consent. These cookies do not store any personal information. The rating was released on June 29, 2021, according to finviz. 2018 Cohesive Capital. Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. (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.