Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by Clearlake Capital Group, L.p. Net Worth (2023) - GuruFocus.com . 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. This data is downloadable for data subscribers. These include Viewport Meta , IPhone / Mobile Compatible , and SPF. Clearlake Capital-Backed Discovery Education Names EdTech Veteran BETA, Maxit and Digital Investor will operates as BetaNXT. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. June 7, 2021 Clearlake wrapped up fundraising for its seventh flagship vehicle with $14.1 billion in commitments, doubling the size of its predecessor, which closed on about $7 billion a little more than two years ago. Cornerstone OnDemand, Inc. Appoints Carina Cortez as Chief People Officer. This makes their stake in Blackbaud Inc total 9,751,837 shares worth $566 million. Intertape Polymer Group Inc. ("IPG") Enters into Shares +10.2% at $1.95 after hours. Clearlake Capital Group | Company Profile | Private Equity International 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). 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. It is mandatory to procure user consent prior to running these cookies on your website. in a $2 billion cash-and-stock sale to Penn National Gaming Inc. 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 Clearlake . The business combination was approved at Junipers special meeting of stockholders on June 3, 2021, and closed today, June 7, 2021. 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? Blackbaud Inc dropped approximately 0.1% in the past year. Smart Sand ( NASDAQ: SND) on Tuesday said it bought Clearlake Capital Group's entire stake in the company for about $8.85 million. As a result of the transaction, Cornerstone is now a privately held company and . Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. Musk Made a Mess at Twitter. 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. This category only includes cookies that ensures basic functionalities and security features of the website. 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.. 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 is Clearlake Capital Group's 4th and Motive Partners' 1st transaction in the Business Services sector. Long-term strategic partnership with management to transform and grow companies. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. Smart Sand, Inc. Announces Repurchase of All Common Stock Owned by More information is available at www.juniperindustrial.com. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. Shares +10.2% at $1.95 after hours. Clearlake Capital and Motive Partners Agree - Fintech Finance But opting out of some of these cookies may affect your browsing experience. JENNIFER HURSON +1-845-507-0571. 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. and Motive Capital Management, LLC The stock is now traded at . 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 . that closed in April. Grab Holdings Limited and bought 5,500,000 shares worth $13.9 million. 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 . Clearlake Capital Completes Acquisition of Cornerstone OnDemand 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. Clearlake Capital-Backed Discovery Education Names EdTech Veteran "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. The rating was released on June 29, 2021, according to finviz. These cookies do not store any personal information. 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. 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. Evercore ISI raised the price target for the Smart Sand Inc. (NASDAQ:SND) stock from "an Underperform" to "an In-line". Clearlake Capital Group has raised a total of $30.8B across 8 funds, their latest being Clearlake . It also specializes in the middle and lower . Clearlake Capital Group, L.P. completed the acquisition of the assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. We are a fully integrated frac and industrial sand supply and services company. 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. We are excited to continue as significant stakeholders in Janus and support the Company through our O.P.S. (Operations, People, and Strategy) playbook. Cornerstone OnDemand, Inc. completed the acquisition of SumTotal Systems, LLC from Skil.. What Will New Tax Laws Mean For Your Business? 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. sam@motivepartners.com . 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. Necessary cookies are absolutely essential for the website to function properly. Clearlake Capital Group has raised 1 round. But opting out of some of these cookies may affect your browsing experience. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. Clearlake Capital Group L.P. now owns 5,712,300 shares of the technology company's stock worth .
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