This category only includes cookies that ensures basic functionalities and security features of the website. 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. The Clearlake Capital Group, L.P. office and employees reside in Santa Monica, California. Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. For more information, visit our Privacy Policy. 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. We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. The transaction is expected to close in the second half of 2022. . These include Viewport Meta , IPhone / Mobile Compatible , and SPF. Benzinga does not provide investment advice. 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. 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. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. For more information, visit our Privacy Policy. Copyright 2023 Surperformance. 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. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. All subsequent written and oral forward-looking statements concerning Janus and Juniper, the transaction or other matters and attributable to Janus and Juniper or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. 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. CHARLOTTE, N.C. and SANTA MONICA, Calif., March 2, 2023 /PRNewswire/ -- Discovery Education (or the "Company"), a global edtech company backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake "), today announced the appointment of Jeremy Cowdrey as Chief Executive Officer (CEO). Clearlake is one of several private equity firms to set its sights on pro sports in recent years. This represents 12.4 percent ownership of the company. Javascript is disabled or is not supported by your browser. By Donald Mazariegos I want to thank Clearlake for its long-term commitment to Smart Sand. Under the terms of the agreement, Clearlake will acquire the outstanding shares of Intertape for CAD 40.50 per share in an all-cash transaction valued . +447855910178. Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO. This data is downloadable for data subscribers. Will His AI Plans Be Any Different? Chelsea marks its first foray into pro sports. These cookies will be stored in your browser only with your consent. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Vivek K Chandy, Shafaq Sapre, Kumarmanglam Vijay, Shareen Gupta, Karthik BM, Vaibhav Choukse, Anjana Potti and Preetha S of J. Sagar Associates acted as legal advisor to Clearlake Capital Group, L.P. and Motive Capital Management, LLC on the Indian leg of their acquisition of BETA+ assets from Refinitiv India, a London Stock Exchange Group company. 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 Clearlakes operational improvement approach, O.P.S. The firms core target sectors are industrials, technology and consumer. But the tides have turned. It sold the previously owned 5,511,703 shares for $316 million. 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 Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. By clicking the button below, your credit card will be charged $24.00 USD (one time) and you'll have access to all Clearlake Capital Group data for 90 days. 14% of the total holdings value. 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. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 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 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 . Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, BNP Paribas and ING Capital arranged financing supporting the transaction. 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. All rights reserved. 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 . 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 research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. On October 3, 2022, Clearlake Capital Group, L.P. announced that it has engaged in and/or may engage in communications with, among others, members of Blackbaud, Inc's management, members of the Company's board of directors, shareholders of the Company, advisors or other persons, regarding, among other things, the review and evaluation of strategic alternatives, opportunities to increase . Our industry is at a critical juncture as our customers begin modernizing and adopting our technologies and invest in upgrading existing and new facilities, added Mr. Jackson. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). 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. 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. LSEG expects to hand a "significant proportion" of the net proceeds to shareholders via a buyback, which would likely start in the third quarter. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. APO Quickly find out what the most recently closed or increased positions are. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. But opting out of some of these cookies may affect your browsing experience. Now, the Santa Monica-based buyout firm has closed its biggest fund yet. 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 . (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. With a sector . Clearlake provided the Company with initial capital in 2012 to begin developing our Oakdale facility and has been a good partner for the Company over the last eleven years.". 2023 Benzinga.com. 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. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. Clearlake Capital Group. The investment fund also strengthened its position in Blackbaud Inc by buying Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. People. 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. Copyright 2023 Surperformance. The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. OF OPERATIONS (form 10-K), Blackbaud : Q4 2022 Blackbaud, Inc. Earnings Conference Call - Transcript. Smart Sand, Inc. The largest investments include Blackbaud Inc and Janus International Group In, together worth $1.05 billion. 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, L.P. will pay $57.5 per share in cash. With a sector-focused approach, the . Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. For more information, please visitwww.smartsand.com. More information is available at www.clearlake.com and on Twitter @Clearlake. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . The Firm invests in both private and public transactions. This website uses cookies to improve your experience while you navigate through the website. 2018 Cohesive Capital. The group has backed some of the largest and highest-profile single-asset continuation funds in recent years, including writing a 500 million cheque for a process involving nuclear medicine company Curium Pharma, managed by CapVest; investing $1 billion in a process on software company DigiCert, managed by Clearlake Capital; underwriting . 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. Clearlake Capital Group is funded by 3 investors. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. On October 3, 2022, Clearlake Capital Group, L.P. announced that it has engaged in and/or may engage in communications with, among others, members of Blackbaud, Inc's management, members of the Company's board of directors, shareholders of the Company, advisors or other persons, regarding, among other things, the review and evaluation of strategic alternatives, opportunities to increase shareholder value, the Company operations, governance and control, and other matters related to the Company. that closed in April. Clearlake Capital Group is a private investment firm founded in 2006. It is mandatory to procure user consent prior to running these cookies on your website. 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, . .. 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, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. It is mandatory to procure user consent prior to running these cookies on your website. var __dcid = __dcid || []; And with so many firms seeking to raise funds, LPs have plenty of options. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D Under the Securities Exchange Act of 1934 Janus International Group, Inc. (Name of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securities) 47103N106 (CUSIP Number) John Cannon c/o Clearlake Capital Group, L.P. 233 Wilshire Blvd, Suite . 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. 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. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. Managing Director, Motive Partners +447855910178. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. US :BLKB. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. They manage In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in 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. Appointment Signals a Continued Focus on Driving Growth and Impact. Such forward-looking statements are based on the current beliefs of the respective management of Janus and Juniper, based on currently available information, as to the outcome and timing of future events, and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. 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. The firm has deployed its seventh fund for a $2.6 billion takeover of Intertape Polymer Group, a reported $5.4 billion acquisition of Quest Software and a half-dozen other deals to date. 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. Managing Director, Motive Partners. 2018 Cohesive Capital. 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, 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. We also use third-party cookies that help us analyze and understand how you use this website. Blackbaud Guides For Full Year 2023 EPS of $3.30-$3.60 on Revenue of $1.08-$1.11 Billio.. Earnings Flash (BLKB) BLACKBAUD Posts Q4 EPS $0.68, vs. Street Est of $0.60, Stifel Nicolaus Adjusts Blackbaud Price Target to $70 From $85, Maintains Hold Rating. SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . 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 currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . 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. All rights reserved. Cornerstone OnDemand, Inc. acquired EdCast Inc. "We believe this buyout of Clearlake's equity position demonstrates our focus on shareholder returns and is a good investment in the future of Smart Sand. Delayed Nasdaq Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . For more information, visit our Privacy Policy. Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. The fund focuses on investments in the United States as The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. /PRNewswire/ -- Clearlake Capital Group, . Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. All rights reserved. These cookies do not store any personal information. As a result of the transaction, Cornerstone is now a privately held company and . "Bloomberg Opinion" columnists offer their opinions on issues in the news. I write about buyouts, mergers, acquisitions and other dealmaking. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. SAM TIDSWELL-NORRISH. 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 . 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 . The rating was released on June 29, 2021, according to finviz. We are a fully integrated frac and industrial sand supply and services company. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. investment firm founded in 2006. Clearlake Capital Group, L.p. sold out a holding in Altimeter Growth Corp. 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.. It also specializes in the middle and lower . The estimated net worth of Clearlake Capital Group, L.p. is at least $27 Million dollars as of 2023-02-28. 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? Clearlake Capital Group was a net buyer of stock by $498M. 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. Blackbaud Inc dropped approximately 0.1% in the past year. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. 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. 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. 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. are based in the United States. The total portfolio value may be much higher due to cash But opting out of some of these cookies may affect your browsing experience. These cookies do not store any personal information. +1-845-507-0571. Clearlake Capital Group has raised 1 round. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. BX Clearlake Capital Group, L.P. and Motive Capital Management, LLC entered into a definitive agreement to acquire BETA, Maxit and Digital Investor assets from London Stock Exchange Group plc (LSE:LSEG) for $1.1 billion on March 21, 2022. This website uses cookies to improve your experience while you navigate through the website. 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. Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. 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. Copyright 2023 Surperformance. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . 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. Moelis & Company LLC is also acting as financial advisor to Juniper. 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. 53,999,550 shares of Janus International Group In worth $488 million, Holley Inc worth $28.9 million, with 2,750,000 shares owned, Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million, Blackbaud Inc total 9,751,837 shares worth $566 million. There are currently 7 companies in Mr. Cannons portfolio. var __dcid = __dcid || []; The transaction has an enterprise value of approximately $5.2 billion. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. The Pennsylvania-based . 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. 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. Here is the complete portfolio . Please. BETA, Maxit and Digital Investor will operates as BetaNXT. For more information please contact: JENNIFER HURSON. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG). Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. By continuing to browse, you hereby agree to the use of cookies. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. Shares +10.2% at $1.95 after hours. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Clearlakes operational improvement approach is O.P.S. Operations. Clearlake Media Contact. 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. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. Notable realizations over the past two years include ConvergeOne, Lytx, Perforce, and Sage Automotive. Clearlake Capital Group, L.p. is the Director, 10% Owner of Janus International Group Inc and owns about 1,693,600 shares of Janus International Group Inc (JBI) stock worth over $18 Million.Clearlake Capital Group, L.p. is also the Director, 10% Owner of Smart Sand Inc and owns about . About; . 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. 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. 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. KKR Necessary cookies are absolutely essential for the website to function properly. The stock was The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. 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. Shares +10.2% at $1.95 after hours. Since our initial investment, Janus has executed on its growth strategy and developed game changing technology solutions that the industry cannot ignore. 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 . BETA, Maxit and Digital Investor will operates as BetaNXT. Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth . Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. Founded in 2006, Clearlake is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. Clearlake Capital Group was a net seller of stock by $-28M. End-of-day quote Nasdaq These cookies will be stored in your browser only with your consent.