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 . 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 is one of several private equity firms to set its sights on pro sports in recent years. * 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). It is mandatory to procure user consent prior to running these cookies on your website. Copyright 2023 Surperformance. The stock was sold at an average price of $69.16, for a total transaction of $691,600.00. 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. Spencer Klein of Morrison & Foerster as legal advisor to Qatalyst Partners LP and Centerview Partners LLC. 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. These cookies do not store any personal information. SAM TIDSWELL-NORRISH. 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. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. $1.5 billion and $1.5 billion respectively. You also have the option to opt-out of these cookies. Clearlake Co-Founder and Managing Partner Jos E. Feliciano speaks with Capital Allocators' Ted Seides in a far-reaching conversation that covers such topics (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. 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. 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 to Acquire Confluence from TA Associates - PR Newswire Clearlake Follows Its Chelsea Deal With A $14.1 Billion Buyout - Forbes The two most similar investment funds to Clearlake Capital Group, L.P. are P Schoenfeld Asset Management L.P. and Livforsakringsbolaget Skandia, Omsesidigt. 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.,. Clearlake Capital Group LP - Company Profile and News Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); They manage Clearlake and Motive-Backed Software Platform BetaNXT Expands acted as financial advisors to Clearlake. Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by Moelis & Company LLC is also acting as financial advisor to Juniper. The stock is now traded at . 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. Delayed Nasdaq Strategy. 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. It is mandatory to procure user consent prior to running these cookies on your website. . Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. Just seven years ago, the firm closed its fourth flagship fund on $1.38 billion. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Cornerstone OnDemand enters definitive agreement to - Clearlake Capital var __dcid = __dcid || []; Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by 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. Cornerstone OnDemand : Needham Downgrades Cornerstone OnDemand to H.. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED. Clearlake Capital Group, L.P. 13F annual report - wallmine 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. 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. -, 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. These cookies will be stored in your browser only with your consent. 2023-02-28 | NDAQ:SND | Press Release | Smart Sand Inc. Cornerstone OnDemand : Berenberg Bank Downgrades Cornerstone OnDema.. Copyright 2023 Surperformance. This category only includes cookies that ensures basic functionalities and security features of the website. 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. 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 . Smart Sand (NASDAQ:SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. We also use third-party cookies that help us analyze and understand how you use this website. We also offer proppant logistics solutions to our customers through our in-basin transloading terminals and our SmartSystemswellsite storage capabilities. 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 . 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. For more information, visit our Privacy Policy. Clearlake Capital Group, L.p. increases ownership in BLKB - Fintel 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. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. 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. 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 . 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. 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. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. Clearlake Capital Group to Acquire Unifrax From American Securities Clearlake Capital Group has $1.5B in assets under management (AUM), dropping by -0.74%. 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. SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P . Clearlake Capital Group - LinkedIn 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. John Cannon also disclosed a decreased stake in Smart Sand Inc by 0.2%. In 2017, Clearlake raised more than $3.6 billion for Clearlake Capital Partners V, L.P. But opting out of some of these cookies may affect your browsing experience. Clearlake Capital-Backed Discovery Education Names EdTech Veteran 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 research report from B. Riley FBR has upgraded the stock from Neutral to Buy, with a price target set at $5. But opting out of some of these cookies may affect your browsing experience. Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manag.. Clearlake Capital-Backed Cornerstone Expands Executive Leadership Team. 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. Funding. The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. Relative to the number of outstanding shares of Blackbaud Inc, Clearlake Capital Group, L.P. owns less than 0.2% of the company. Clearlake Capital Group, L.P. closed its position in Cornerstone OnDemand Inc on 15th August 2022. Cornerstone OnDemand, Inc. acquired EdCast Inc. Smart Sand stock jumps 10% after buying Clearlake's entire stake in company "We are committed to delivering long term value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. And its already been busy putting its new pool of capital to work. 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 Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. You may opt-out by. Clearlake Capital Group Closes Sixth Flagship Private Equity - Insider SND repurchased 5.18 million . Clearlake Capital Completes Acquisition of Cornerstone OnDemand By continuing to browse, you hereby agree to the use of cookies. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. All statements other than statements of historical fact included in this communication are forward-looking statements. All rights reserved. Here is the complete portfolio . Clearlake Capital and Motive Partners Agree to Acquire BETA+ from Livforsakringsbolaget Skandia, Omsesidigt, Stocks and cryptocurrency portfolio tracker. Clearlake Capital Group Company Profile - Craft Cornerstone OnDemand : Mizuho Adjusts Price Target on Cornerstone O.. -, Cornerstone Expands Content Portfolio with Technologies That Connect, Curate, and Manage Content from Anywhere, Cornerstone OnDemand, Inc. More information is available at www.clearlake.com and on Twitter @ClearlakeCap. We market our products and services to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. I want to thank Clearlake for its long-term commitment to Smart Sand. 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. The investment fund also strengthened its position in Blackbaud Inc by buying 3,774,352 additional shares. Clearlake remains Janus largest shareholder and Chief Executive Officer Ramey Jackson will continue to lead the Company. Clearlake Capital Group was a net buyer of stock by $498M. Clearlake Capital You also have the option to opt-out of these cookies. Jose Mourinho sent-off again as Cremonese finally win a match in Serie This was a Private Equity round raised on May 29, 2018. . This is a BETA experience. Announces the Release of its New Talent Experience Platform, Cornerstone OnDemand Appoints Nishchae Suri as Managing Director at Cornerstone India. Please. The consideration of $1.1 billion will be paid in cash, before tax and separation costs. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. All rights reserved. On the other hand, there are companies that Clearlake Capital Group, L.P. is getting rid of from its portfolio. Clearlake Capital Group, L.P. completed the acquisition of Intertape 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-Backed Discovery Education Names EdTech Veteran Smart Sand stock jumps 10% after buying Clearlake's entire stake in company The majority of the companies in the funds portfolio are small-cap stocks. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Blackbaud Inc dropped approximately 0.1% in the past year. The average market cap of the portfolio companies is close to $1.94 billion. UBS is acting as financial and capital markets advisor as well as placement agent to Juniper. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); SHAREHOLDER (COMMON STOCK) indirect: 2000-10-01: 2004-07-12: CAPITAL GROWTH MANAGEMENT LTD PARTNERSHIP: SHAREHOLDER (SERIES A) indirect: 2000-10-01: But the tides have turned. LSEG to divest BETA+ to Clearlake and Motive and enters strategic Clearlake Capital Group serves customers in the State of California. Chelsea marks its first foray into pro sports. Currently, Clearlake Capital Group, L.P.'s portfolio is worth at least $1.5 billion. Smart Sand, Inc. Announces Rep - GuruFocus.com Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. Clearlake Capital Group, L.p. Net Worth (2023) - GuruFocus.com
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