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 investment fund also strengthened its position in Blackbaud Inc by buying 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 . Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. 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. Vector Capital will make minority investment at closing. About Clearlake. Clearlake Capital Group is funded by 3 investors. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. 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. 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). 57.1% of the portfolio companies 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. Janus International Group In Common Stock, https://www.sec.gov/Archives/edgar/data/1688282/0, Track 13F-HR Filings for Hedge Funds and Value Investors. /PRNewswire/ -- Clearlake Capital Group, . The estimated net worth of Clearlake Capital Group, L.p. is at least $27 Million dollars as of 2023-02-28. 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 . Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. These positions were updated on August 15th based on the funds latest 13F filing. 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 . The transaction was unanimously approved by Cornerstone's Board of Directors. -, 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. 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.. 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 . 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. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. We also use third-party cookies that help us analyze and understand how you use this website. Mergers & Acquisitions Atlas Offers Separate Stock and Warrants Trading . 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 . $1.5 billion and $1.5 billion respectively. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. All statements other than statements of historical fact included in this communication are forward-looking statements. 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. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. SPRING, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc. (NASDAQ: SND) (the "Company") announced . 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. The transaction is expected to be completed in the second half of 2021. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. 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 . As a result . 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. The transaction has an enterprise value of approximately $5.2 billion. 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. This category only includes cookies that ensures basic functionalities and security features of the website. 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 . (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. SND repurchased 5.18 million . . Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Shares +10.2% at $1.95 after hours. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Musk Made a Mess at Twitter. The transaction is expected to close in the second half of 2022. . In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. 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). SEC Filings include 13F quarterly reports, 13D/G events and more. We also use third-party cookies that help us analyze and understand how you use this website. We are a fully integrated frac and industrial sand supply and services company. But opting out of some of these cookies may affect your browsing experience. Clearlake Media Contact - Lambert. Chelsea marks its first foray into pro sports. SAM TIDSWELL-NORRISH. Certain stockholders, including Clearlake, representing 15.65% of Cornerstone OnDemand's outstanding shares have agreed to vote their shares in favor of the transaction. By continuing to browse, you hereby agree to the use of cookies. The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. Clearlake Capital Group, L.P. operates as an investment company. Clearlake Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . 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. SAM TIDSWELL-NORRISH. BETA, Maxit and Digital Investor will operates as BetaNXT. Stocks with a size of more than $100 million in market cap make up Landmark Partners and Goldman Sachs Asset Management are the most recent investors. But opting out of some of these cookies may affect your browsing experience. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. I write about buyouts, mergers, acquisitions and other dealmaking. Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth . I want to thank Clearlake for its long-term commitment to Smart Sand. 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. Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . 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For more information, visit our Privacy Policy. var __dcid = __dcid || []; Blackbaud Inc dropped approximately 0.1% in the past year. 2022-02-14 20:23. After this action, CLEARLAKE CAPITAL GROUP, L.P. now owns 5,175,688 shares of Smart Sand Inc., valued at $3,459,116 using the latest closing price. 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.