Shane Self named Nokē® Smart Entry Director of
Wireless Networks and
Jennifer Shaver named Nokē® Smart Entry
Training & Development Manager
Clearlake Capital Group, L.P. (together with its affiliates,
“Clearlake”) portfolio company Janus International Group, LLC
(“Janus” or the “Company”), a leading global manufacturer and
supplier of turn-key building solutions and new access control
technologies for the self-storage and other industrial sectors,
announced today that Shane Self has been named Nokē® Smart Entry
(“NSE” or “Nokē”) Director of Wireless Networks and Jennifer Shaver
has been named Nokē Director Training & Development
Manager.
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The appointments reflect Janus’ continued commitment to driving
the growth of its Nokē division to leverage its first-mover
advantage in a largely untapped market for smart facilities and
wireless management technology. Providing a cloud based access
control system with a smart electronic locking solution available
to the self-storage industry, Janus’ Nokē Smart Entry system
enhances convenience and peace of mind for customers. It enables
self-storage customers to easily access their facility and unit
from their phones, share mobile keys, and remotely monitor the
security of their unit, while similarly allowing owners and
operators to automate the lock check and move-in process, enhance
security, and provide premium units that command higher rental
rates. Self and Shaver’s appointments expand the Nokē team’s
expertise and capabilities as Janus looks to penetrate what is
expected to be an approximately $4 billion market for smart access
control technologies by continuing to grow the product offering and
provide additional smart technology enabled solutions for today’s
self-storage owner operators.
“At Janus, we believe that implementing innovative smart access
control technologies across the self-storage space will transform
the future of the self-storage industry, improving the experience
for customers and increasing security and convenience for owners
and operators,” Christine DeBord, President of Nokē, said. “We are
thrilled to welcome Shane and Jennifer to the Nokē team and look
forward to their support in our efforts to advance our
best-in-class, award-winning smart access offering and help
self-storage owner operators implement this game-changing product
in facilities across the globe.”
As Wireless Networks Director, Self will be responsible for
overseeing wireless and systems operations, including directing
wireless operations managers across Janus’ global footprint,
further integration of new products and services into the smart
entry product suite, and serving as the primary liaison for
wireless technology vendor management. Self possesses an extensive
background in solutions architecture, planning engineering, and
network engineering, most recently serving as Director of the
Network Engineering team for Boingo Wireless. Self has additionally
spent extensive time working for the Department of Defense in Iraq,
Afghanistan, Djibouti, Qatar, and Kuwait.
As Training and Development Manager for the Nokē business,
Shaver will direct a robust onboarding, training and development
program designed to help self-storage owner operators utilizing the
smart entry system make the most of the award-winning technology
and software’s features and benefits. Shaver has been in the
storage industry for nearly a decade, serving in various
operations, management and training roles.
Janus expects to complete its business combination with Juniper
Industrial Holdings, Inc. (NYSE: JIH) and become a publicly listed
company in the second quarter of 2021. Clearlake, an investment
firm, is the largest shareholder in Janus.
For more information about Nokē, please visit:
https://www.janusintl.com/products/noke.
ABOUT JANUS
INTERNATIONAL
Janus International Group, LLC (www.JanusIntl.com) is the leading global
manufacturer and supplier of turn-key self-storage, commercial and
industrial building solutions, including: roll-up and swing doors,
hallway systems, re-locatable storage units and facility and door
automation technologies. The Janus team operates out of several
U.S. locations and six locations internationally.
ABOUT CLEARLAKE
Founded in 2006, Clearlake Capital Group, L.P. is an investment
firm operating integrated businesses across private equity, credit
and other related strategies. 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’s operational improvement approach, O.P.S.®
The firm’s core target sectors are industrials, technology, and
consumer. Clearlake currently has approximately $35 billion of
assets under management, and its senior investment principals have
led or co-led over 300 investments. The firm has offices in Santa
Monica and Dallas. More information is available at
www.clearlake.com and on Twitter @ClearlakeCap.
ABOUT JUNIPER INDUSTRIAL HOLDINGS, INC.
(NYSE: JIH)
Juniper Industrial Holdings, Inc., a Delaware corporation (“JIH”
or “Juniper”), is a Special Purpose Acquisition Corporation
targeting companies within the industrials sector. With $348
million in trust, Juniper 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. Juniper’s management team has a proven track
record of identifying market-leading technologies across the
industrial spectrum, and an affinity for businesses with strong
brands and mission-critical offering. The Juniper team has a robust
network of relationships within industrial and investment
communities built over 60+ years of combined industry experience,
and a deep understanding of industrial trends. More information is
available at www.juniperindustrial.com.
IMPORTANT INFORMATION AND WHERE TO FIND
IT
This communication is being made in connection with the proposed
business combination involving Juniper and Janus under a new
holding company, Janus Parent, Inc., a Delaware corporation (“Janus
Parent”). Janus Parent intends to file with the SEC a registration
statement on Form S-4 (as amended, the “Registration Statement”)
containing a preliminary proxy statement of Juniper and a
preliminary prospectus of Janus Parent. After the Registration
Statement is declared effective, Juniper will mail a definitive
proxy statement/prospectus relating to the proposed business
combination to its shareholders. This announcement does not contain
all the information that should be considered concerning the
proposed business combination and is not intended to form the basis
of any investment decision or any other decision in respect of the
business combination. Juniper’s shareholders and other interested
persons are advised to read, when available, the preliminary proxy
statement/prospectus and the amendments thereto and the definitive
proxy statement/prospectus and other documents filed in connection
with the proposed business combination, as these materials will
contain important information about Juniper, Janus, Janus Parent
and the business combination. When available, the definitive proxy
statement/prospectus and other relevant materials for the proposed
business combination will be mailed to shareholders of Juniper as
of a record date to be established for voting on the proposed
business combination. Shareholders will also be able to obtain
copies of the preliminary proxy statement/prospectus, the
definitive proxy statement/prospectus and other documents filed
with the SEC, without charge, once available, at the SEC’s website
at www.sec.gov. In addition, the documents filed by Juniper and
Janus Parent may be obtained free of charge from Juniper at
www.juniperindustrial.com/investors. Alternatively, these
documents, when available, can be obtained free of charge by
directing a request to: Juniper Industrial Holdings, Inc., 14
Fairmount Avenue, Chatham, New Jersey 07928.
PARTICIPANTS IN THE
SOLICITATION
Juniper, Janus and certain of their directors and executive
officers may be deemed participants in the solicitation of proxies
from Juniper’s shareholders with respect to the proposed business
combination. A list of the names of those directors and executive
officers and a description of their interests in Juniper is
contained in Juniper’s annual report on Form 10-K for the fiscal
year-ended December 31, 2019, which is available free of charge at
the SEC’s web site at www.sec.gov. In addition, the documents filed
by Juniper may be obtained from Juniper as described above under
“Important Information and Where to Find It.”
NO OFFER OR SOLICITATION
This communication does not constitute an offer to sell or the
solicitation of an offer to buy any securities or a solicitation of
any vote or approval, nor shall there be any sale of any securities
in any state or jurisdiction in which such offer, solicitation, or
sale would be unlawful prior to registration or qualification under
the securities laws of such other jurisdiction.
FORWARD LOOKING
STATEMENTS
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. All statements other
than statements of historical fact included in this communication
are forward-looking statements. 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. 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. Actual results could differ materially from those
contemplated by the forward-looking statements as a result of
certain factors detailed in Juniper’s filings with the SEC
including, but not limited to, the risk factors and other
uncertainties set forth under “Risk Factors” in Part I, Item 1A of
Juniper’s Form 10-K for the year ended December 31, 2019 and in
Juniper’s other filings. There can be no assurance that the events,
results or trends identified in these forward-looking statements
will occur or be achieved. Forward-looking statements speak only as
of the date they are made, and neither Janus nor Juniper is under
any obligation, and each of them expressly disclaims any
obligation, to update, alter or otherwise revise any
forward-looking statement, whether as a result of new information,
future events or otherwise, except as required by law. 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.
In addition to factors previously disclosed in Juniper’s 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) ability to meet the closing
conditions to the merger, including approval by stockholders of
Juniper on the expected terms and schedule and the risk that any
regulatory approvals required for the merger are not obtained or
are obtained subject to conditions that are not anticipated; (ii)
the occurrence of any event, change or other circumstance that
could cause the termination of the merger agreement or a delay in
the closing of the merger; (iii) the effect of the announcement or
pendency of the proposed merger on Juniper’s business
relationships, operating results, and business generally; (iv)
failure to realize the benefits expected from the proposed
transaction; (v) risks that the proposed merger disrupts Janus’s
current plans and operations and potential difficulties in Janus’s
employee retention as a result of the proposed merger; (vi) the
effects of pending and future legislation; (vii) risks related to
disruption of management time from ongoing business operations due
to the proposed transaction; (viii) the amount of the costs, fees,
expenses and other charges related to the merger; (ix) risks of the
self-storage industry; (x) the highly competitive nature of the
self-storage industry and Janus’s ability to compete therein; (xi)
litigation, complaints, and/or adverse publicity; (xii) the ability
to meet NYSE’s listing standards following the consummation of the
proposed transaction and (xiii) cyber incidents or directed attacks
that could result in information theft, data corruption,
operational disruption and/or financial loss.
This communication is not intended to be all-inclusive or to
contain all the information that a person may desire in considering
an investment in Juniper and is not intended to form the basis of
an investment decision in Juniper. All subsequent written and oral
forward-looking statements concerning Janus and Juniper, the
proposed transaction or other matters and attributable to Janus and
Juniper or any person acting on their behalf are expressly
qualified in their entirety by the cautionary statements above.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210510005270/en/
Investors, Janus
Rodny Nacier/ Brad Cray Phone: 770-562-6399 Email:
IR@JanusIntl.com
Media, Janus
Phil Denning / Nora Flaherty Media@janusintl.com
Media, Clearlake
Jennifer Hurson JHurson@lambert.com
Juniper Industrial (NYSE:JIH)
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