© 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
Aurelius Germany Acquisition of Regain Polymers
M&A
31/07/2015Aurelius Germany Acquisition of Regain Polymers

Aurelius Germany Acquisition of Regain Polymers

Read Full PostRead - Eye Icon
CMA Merger team Looks for new Recruits
Leadership
08/02/2016CMA Merger team Looks for new Recruits

The CMA is on the lookout for talented individuals to join its merger team by recruiting for Principal Case Officer and Case Officer roles.

Read Full PostRead - Eye Icon
AI Ad Specs
Strategy
19/05/2016AI Ad Specs

AI Ad Specs

Read Full PostRead - Eye Icon
United Bankshares, Inc. Announces Increase in Earnings
Finance
30/04/2015United Bankshares, Inc. Announces Increase in Earnings

United Bankshares, Inc., today announced earnings for the first quarter of 2015. Earnings for the first quarter of 2015 were $34.6 million or $0.50 per diluted share, an increase from earnings of $30.1 million or $0.48 per diluted share for the first quarter o

Read Full PostRead - Eye Icon
How to Choose a Business Name That Is Distinctive and Legally Available
Legal
11/06/2026How to Choose a Business Name That Is Distinctive and Legally Available

Your business name is the first thing customers, investors, and partners encounter, so it is worth getting right the first time. A strong name is memorable and on-brand, but it also has to be legally available: before you commit, you should check if your LLC n

Read Full PostRead - Eye Icon
relayr Completes Second Strategic Acquisition
Innovation
28/02/2017relayr Completes Second Strategic Acquisition

relayr, the global enterprise Internet-of-Things (IoT) platform provider, announces its second strategic acquisition within two months.

Read Full PostRead - Eye Icon
7 Career Choices for Tech Majors
Innovation
13/02/20247 Career Choices for Tech Majors

In an era dominated by rapid technological advancements, a degree in technology opens doors to a plethora of exciting career opportunities.

Read Full PostRead - Eye Icon
MacBook Security: How to Securely Use Company Data on a MacBook?
Innovation
15/01/2024MacBook Security: How to Securely Use Company Data on a MacBook?

Online safety is a big concern for everyone – employees, and companies. Hackers are always on the lookout for vulnerabilities that can make their work easier by helping them access a computer. Here are the best ways you can prevent it from happening.

Read Full PostRead - Eye Icon
Health Care M&A Spending Sets New Record in 2015
Innovation
24/11/2015Health Care M&A Spending Sets New Record in 2015

The health care merger and acquisition market has set a new record in 2015, with more than a month left to go to the end of the year.



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