The transaction has an enterprise value of approximately $5.2 billion. You also have the option to opt-out of these cookies. The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. 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., 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 . 2022-02-14 20:23. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. This website uses cookies to improve your experience while you navigate through the website. SEC Filings include 13F quarterly reports, 13D/G events and more. jhurson@lambert.com. 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. APO 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. All rights reserved. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. With a sector-focused approach, the . Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Positions held by Clearlake Capital Group consolidated in one spreadsheet with up to 7 years of data, Clearlake Capital Group holds 7 positions in its portfolio as reported in the December 2022 quarterly 13F filing, SEC 13F filings are viewable for Clearlake Capital Group going back to 2020. In the most recent 13F filing, Clearlake Capital Group, L.P. revealed that it had opened a new position in . "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. You may opt-out by. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. It sold the previously owned 5,511,703 shares for $316 million. Morrison & Foerster LLP acted as legal advisor to Centerview Partners and Qatalyst Partners. 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. sam@motivepartners.com . All rights reserved. All rights reserved. Landmark Partners and Goldman Sachs Asset Management are the most recent investors. 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. Shares +10.2% at $1.95 after hours. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. 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. Here is the complete portfolio . The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. 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. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Clearlake is a leading private 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 . Transaction builds on firm's end-to-end wealth solutions software platform, adds investor communications and proxy solutions BetaNXT, a provider of wealth management infrastructure software with . I want to thank Clearlake for its long-term commitment to Smart Sand. . Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. About Clearlake Capital Group Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. -, 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. Differentiated approach to investing 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 . 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 . The average market cap of the portfolio companies is close to $1.94 billion. 14% of the total holdings value. With a sector . Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by 43.70%. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other . SND repurchased 5.18 million . 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. 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. Gibson, Dunn & Crutcher LLP also acted as legal counsel for Motive Partners. Necessary cookies are absolutely essential for the website to function properly. 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. Clearlake Capital Group uses 5 technology products and services including HTML5 , jQuery , and Google Analytics, according to G2 Stack. This is the second largest buyout fund in the U.S. so far this year, trailing a $19 billion effort from KKR This represents 12.4 percent ownership of the company. Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. All rights reserved. investment firm founded in 2006. Smart Sand, Inc. 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. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. Blackbaud Inc dropped approximately 0.1% in the past year. 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. We offer complete mine to wellsite proppant supply and logistics solutions to our frac sand customers. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The completion of this transaction and our listing on the NYSE signifies a tremendous milestone for Janus as we continue executing on our compelling growth plans, said Ramey Jackson, CEO of Janus. 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. The rating was released on June 29, 2021, according to finviz. About Clearlake Capital Group, L.P. 2018 Cohesive Capital. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. 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. Juniper Industrial Holdings (JIH or Juniper) is a Special Purpose Acquisition Corporation (SPAC) targeting companies within the industrials sector. ABOUT CLEARLAKE. We also use third-party cookies that help us analyze and understand how you use this website. Fraser Allan, James Robertson and Tom Brown of BofA Securitiesacted as sole financial adviser to LSEG. Clearlake Capital Group. They manage This data is downloadable for data subscribers. 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. Past performance is a poor indicator of future performance. the total portfolio value. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. June 7, 2021 Chelsea marks its first foray into pro sports. Currently, their heaviest sector is Technology making up 61.9% of Clearlake Capital Group was a net buyer of stock by $498M. Clearlake Capital Group is actively using 10 technologies for its website, according to BuiltWith. 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. 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. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Juniper and Janus undertake no obligation to update these statements for revisions or changes after the date of this release, except as required by law. And its already been busy putting its new pool of capital to work. . -, BLACKBAUD INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS All statements other than statements of historical fact included in this communication are forward-looking statements. Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. that closed in April. We also offer proppant logistics solutions to our customers through our in-basin transloading terminals and our SmartSystemswellsite storage capabilities. 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. The sale prices were between $10.63 and $12.22, with an estimated average price of $11.14. 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. Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. By Donald Mazariegos Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. 2023 Benzinga.com. 3,774,352 additional shares. The research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. These cookies do not store any personal information. You also have the option to opt-out of these cookies. * 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). Latest statistics and disclosures from Clearlake Capital Group's latest quarterly 13F-HR filing: Top 5 stock holdings are BLKB , . The investment fund also strengthened its position in Blackbaud Inc by buying In no event shall stockzoa.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content available on stockzoa.com, or relating to the use of, or inability to use, stockzoa.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. SANTA MONICA, Calif. - Oct. 15, 2021 - Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") . 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. It is mandatory to procure user consent prior to running these cookies on your website. These include Viewport Meta , IPhone / Mobile Compatible , and SPF. KKR Managing Director, Motive Partners +447855910178. . More information is available at www.janusintl.com. +447855910178. 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. Delayed Nasdaq On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. 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 . Termination fee payable by Cornerstone to Clearlake Capital will be $150,000,000. 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 Capital Group raised a new fund: Clearlake Capital Partners VII LP ($14,100,000,000) . Musk Made a Mess at Twitter. 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. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. A multidisciplinary team, led by Abbott, advised Clearlake Capital Group LP in backing a 4.25 billion . With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, lo. Multiple reports have indicated that voting rights will be split equally between Clearlake and the rest of Boehlys group. 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. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. 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 . Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.. The total portfolio value may be much higher due to cash As of October 12, 2021, the shareholders of Cornerstone OnDemand, Inc. has approved the deal. The Pennsylvania-based . 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. Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . Clearlake Capital Group, L.P.s portfolio is diversified across 4 sectors. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. 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. These cookies do not store any personal information. According to the last 13-F report filed with the SEC, John Cannon serves as the Managing Director, Deputy General Counsel and CCO at Clearlake Capital Group, L.P.. 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. 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. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. MacKenzie Partners, Inc. acted as an information agent and Computershare Trust Company, National Association as transfer agent for Cornerstone. 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. But opting out of some of these cookies may affect your browsing experience. 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. More information is available at www.juniperindustrial.com. For more information, visit our Privacy Policy. * Investors with a full data subscription can access data for any fund. All rights reserved. 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 is a private investment firm founded in 2006. SAM TIDSWELL-NORRISH. are based in the United States. BETA, Maxit and Digital Investor will operates as BetaNXT. Vector Capital will make minority investment at closing. "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. Both Feliciano and Eghbali have a current net worth of $3.4 billion, according to Forbes, placing them among the worlds 1,000 wealthiest people. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. (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. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. SAM TIDSWELL-NORRISH. 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 ). As a result of the transaction, Cornerstone is now a privately held company and . The stock was In the year ended December 31, 2021, BETA+ had revenues of approximately $300 million, primarily linked to US markets. 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. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. 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.". Clearlake claims a 57.7% net IRR for its fifth flagship fund and a 78.8% net IRR for its sixth vehicle. There are currently 7 companies in Mr. Cannons portfolio. Cornerstone OnDemand, Inc. entered into a Stock Purchase Agreement to acquire SumTotal .. All rights reserved. Will His AI Plans Be Any Different? In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. It is mandatory to procure user consent prior to running these cookies on your website. End-of-day quote Nasdaq 2018 Cohesive Capital. Copyright 2023 Surperformance. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. 2018 Cohesive Capital. What Will New Tax Laws Mean For Your Business? Clearlake Capital will be required to pay Cornerstone a termination fee of $320,000,000. 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. Clearlake Capital Group, L.P. completed the acquisition of the remaining 91.74% stake in Cornerstone OnDemand, Inc. (NasdaqGS:CSOD) on October 15, 2021. Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. Clearlake is one of several private equity firms to set its sights on pro sports in recent years. This category only includes cookies that ensures basic functionalities and security features of the website. For more information, visit our Privacy Policy. 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. . Announces Repurchase of All Common Stock Owned by Clearlake Capital. Clearlake Capital Group is funded by 3 investors. 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. Necessary cookies are absolutely essential for the website to function properly. US :BLKB. Cornerstone OnDemand, Inc. Appoints Ryan Courson as Chief Financial Officer. This category only includes cookies that ensures basic functionalities and security features of the website. 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). 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. But the tides have turned. The fund focuses on investments in the United States as 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 . Clearlake, though, didnt wait around. Funding. All subsequent written or oral forward-looking statements attributable to Janus or Juniper or persons acting on its behalf are qualified in their entirety by this paragraph. var __dcid = __dcid || []; 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. These cookies do not store any personal information. The Firm invests in both private and public transactions. . 57.1% of the portfolio companies Significant experience across Clearlakes 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, . Shares +10.2% at $1.95 after hours. Clearlake has ascended into the upper echelons of private equity fundraising with some serious speed. For more information, visit our Privacy Policy. /PRNewswire/ -- Clearlake Capital Group, . Smart Sand, Inc. (NASDAQ: SND) (the Company) announced today that it has repurchased 5.18 million shares of the Companys common stock (the Shares) from Clearlake Capital Partners II (Master), L.P.,. This was a Private Equity round raised on May 29, 2018. 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. I write about buyouts, mergers, acquisitions and other dealmaking. Strategy. 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. By continuing to browse, you hereby agree to the use of cookies. (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; . The firm believes that demand is due to the success of its past two funds. AZB & Partners acted as legal advisor to London Stock Exchange Group plc (LSE:LSEG).
Spiritual Ascension Levels,
Ryen Russillo Cari Champion,
Homestead Heritage Abuse,
Private Golf Club General Manager Salary,
Keto Friendly Wines At Cooper's Hawk,
Articles C
