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Leading provider of cutting-edge access control technologies and building product solutions for the self-storage and industrial sectors Accretive new partnership with special purpose acquisition company, Juniper Industrial Holdings, founded by Honeywell veterans with unique insights into Janus’s technology focused product offerings Pro forma implied enterprise value of approximately $1.9 billion and anticipated market capitalization of approximately $1.4 billion at closing Transaction financed through $348 million of cash held in Juniper’s trust account and a $250 million PIPE, which includes investments by Baron Capital Group, Fidelity Management & Research Company LLC, as well as members of Juniper’s Board of Directors, including Dave Cote, Former Chairman and CEO of Honeywell ....
Clearlake Portfolio Company Janus International to List on New York Stock Exchange through Business Combination with Juniper Industrial Holdings maryvilleforum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maryvilleforum.com Daily Mail and Mail on Sunday newspapers.
Clearlake’s Janus Goes Public Through Merger Clearlake Capital Group L.P.-backed Janus International Group LLC has agreed to merge with Juniper Industrial Holdings Inc. through Janus’ parent company Janus Midco LLC. The deal sees Janus become a publicly-listed company on the New York Stock Exchange. Janus provides industrial building products, self-storage and access control technology. “We are enthusiastic about Janus’s future prospects and believe the company will be able to accelerate its compelling growth plans as a public company,” says Janus chairman and Clearlake managing partner Jose Feliciano. “Janus has an unparalleled position in the products and technologies it offers to the self-storage and industrial sectors, which are experiencing significant tailwinds.” Investment firm Clearlake focuses on growing companies in the industrials, technology, and consumer sectors. Juniper is a public company focusing on merging with businesses ....
Shanghai Wanye Acquires Compart from Platinum Shanghai Wanye Enterprises Co. Ltd. has bought Compart Systems Pte Ltd. from Platinum Equity for around $398 million. Real estate developer Shanghai Wanye focuses on investments in the industrial flow control sector. Singapore-based Compart is a parts manufacturer with plants in China and Malaysia. Platinum invests in middle market companies in the manufacturing, distribution, transportation, media and entertainment, technology and telecommunications industries. “We transformed Compart from a traditional manufacturing business into a technology-driven solutions provider that is now much more valuable to its multi-national customers in need of high-quality manufacturing partners in Asia,” says Platinum managing director ....
Elridge and Snowflake Invest in Knoema Elridge has agreed to acquire data technology company Knoema. The deal also sees Snowflake Ventures making an investment in the target. The partnership with cloud technology company Snowflake combines Knoema’s data sets with Snowflake’s data cloud. “We are excited to partner with Knoema, accelerating the growth of the Data Cloud and bringing a wealth of open data sets to our customers,” says Snowflake Ventures head Stefan Williams. Elridge focuses on growing businesses in the insurance, credit, technology, real estate, media, and consumer sectors. “Knoema’s rapid time to market and depth of content complements and enhances an organization’s in-house data infrastructure, and we are super excited to see the value that it can unleash for its clients as we move forward.” says Elridge operating partner ....