© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Landis Rath & Cobb LLP Advise Centre Lane’s acquisition of Saladworks ($16.9 million)
Posted 15th July 2015

Landis Rath & Cobb LLP Advise Centre Lane’s acquisition of Saladworks ($16.9 million)

Landis Rath & Cobb LLP Advise Centre Lane's acquisition of Saladworks ($16.9 million)

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Landis Rath & Cobb LLP Advise Centre Lane’s acquisition of Saladworks ($16.9 million)

Landis Rath & Cobb LLP Advise Centre Lane’s acquisition of Saladworks ($16.9 million)

View Biography
Image

Saladworks has been acquired out of bankruptcy by Centre Lane Partners, a New York City-based private-equity firm, the company said Monday.

Centre Lane agreed to pay $16.9 million for the 108-unit chain, including $15 million in cash and $1.2 million into a “brand development fund,” in addition to assumed liabilities, according to court documents.

Saladworks president Paul Steck, who has been with Saladworks for 12 years, has been named president and CEO. He replaces John Scardapane, who owned 70 percent of the company.

Categories: Finance, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Mastering Expansion: Proven Strategies for Scaling Your Service Business
News
15/02/2023Mastering Expansion: Proven Strategies for Scaling Your Service Business

Multiple site expansion of a service company can have numerous advantages, but it necessitates a deliberate strategy.

Read Full PostRead - Eye Icon
AI Companies Set for Consolidation as They Graduate From Fundraising to Exit, Says Artis Partners
Finance
11/02/2025AI Companies Set for Consolidation as They Graduate From Fundraising to Exit, Says Artis Partners

AI companies continued to dominate the global investment landscape in 2024, receiving almost a third of global venture funding – more than any other sector.

Read Full PostRead - Eye Icon
5 Clear Signs Your Business Should Invest in a Virtual Phone System
News
04/05/20225 Clear Signs Your Business Should Invest in a Virtual Phone System

Every business needs to use the right technology to streamline its operations. Most of them, especially the small ones, operate on small budgets while at the same focusing on growth. This means that they have to ensure that they are investing in technology for

Read Full PostRead - Eye Icon
Proven Pedal Power!
Strategy
14/10/2021Proven Pedal Power!

As the world looks for green solutions, local governments around the world have been investigating ways of making their communities more environmentally friendly. PBSC Urban Solutions is a Canadian innovation that has grown into an astonishing success which le

Read Full PostRead - Eye Icon
Technology That Matches the Purpose
Innovation
02/08/2022Technology That Matches the Purpose

Digitalisation continues to play a major role in shaping the future of the industry sector on the road towards Industry 4.0.

Read Full PostRead - Eye Icon
Overall CEO of the Year, the USA
Innovation
01/04/2016Overall CEO of the Year, the USA

BROWZ is a software as a service (SaaS) solution provider of supply chain qualification and risk management. In today’s economic environment, most large organizations outsource work to contractors.

Read Full PostRead - Eye Icon
Bringing Breakthrough Advance to the Modelling and Simulation Community
Innovation
13/08/2019Bringing Breakthrough Advance to the Modelling and Simulation Community

Lixoft develops modelling and simulation software for advanced model-based drug development. Recently, we caught up with the firm’s CEO, Jonathan Chauvin who provided us with a detailed behind the scenes look into the innerworkings of the award-winning compa

Read Full PostRead - Eye Icon
Streamlining Your Online Payment Process: A New Era of Online Transactions
Finance
30/03/2023Streamlining Your Online Payment Process: A New Era of Online Transactions

When discussing streamlining, we mean ways to make your payment transactions more convenient. The number one benefit of streamlining is to make your customers happy, as they will be able to pay quickly and efficiently.

Read Full PostRead - Eye Icon
Helping The Elderly To Live Freely
Innovation
11/01/2021Helping The Elderly To Live Freely

On a mission to help all people take control of their aging, LiveFreely is a highly innovative company that provides seniors and their caregivers with the necessary tools to be able to proactively age. LiveFreely has been recognized in this issue of Acquisitio



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow