© 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
Huddle : The Company Making Collaboration Simple and Secure
Innovation
09/09/2019Huddle : The Company Making Collaboration Simple and Secure

Founded in 2006, Huddle is a privately held cloud-based collaboration software company that is headquartered in London, with additional offices in San Francisco,

Read Full PostRead - Eye Icon
The Intersection of Art, Commerce and Broadcasting
Leadership
03/10/2016The Intersection of Art, Commerce and Broadcasting

If first impressions and encounters are at all foretelling, the initial meeting of Connie Grazia and Nadine Licostie would be a terrific example.

Read Full PostRead - Eye Icon
Direct Selling: Breaking Down Barriers for Female Entrepreneurs
Leadership
08/03/2023Direct Selling: Breaking Down Barriers for Female Entrepreneurs

The number of women determining their own success by becoming their own bosses has increased over the last decade with an estimated 252 million females running their own businesses[1]. With this number continuing to climb, it’s clear that more women than eve

Read Full PostRead - Eye Icon
Cloud-Based Management Systems Designed to Inspire and Empower
Innovation
07/08/2024Cloud-Based Management Systems Designed to Inspire and Empower

Enabling organisations through its suite of pioneering management systems, IQMS Australasia, offers a highly refreshing approach when it comes to management solutions.

Read Full PostRead - Eye Icon
Safeguarding Small Enterprises: Navigating the Landscape of SME Cyber Threats
News
30/11/2023Safeguarding Small Enterprises: Navigating the Landscape of SME Cyber Threats

In the dynamic realm of business, Small and Medium-Sized Enterprises (SMEs) are not immune to the pervasive and evolving threats posed by cybercriminals. A recent study by Sharp UK reveals a concerning statistic – a huge one-third of UK SMEs lack any sec

Read Full PostRead - Eye Icon
Mantacore Renamed Keylane Nordics
Strategy
26/05/2015Mantacore Renamed Keylane Nordics

Mantacore has taken the strategic decision to re-brand and now calls itself Keyland Nordics

Read Full PostRead - Eye Icon
How to Understand Stock Market Basics
Finance
17/02/2021How to Understand Stock Market Basics

The stock market can be a profitable and exciting way to diversify your income and investments. It can also be a bottomless pit of confusion. Even if you have decided to hire a professional to trade on your behalf you will still want to be knowledgeable about

Read Full PostRead - Eye Icon
Planning to Sell or Exit a Business? Here’s What You Need to Know About Succession Planning
News
05/10/2023Planning to Sell or Exit a Business? Here’s What You Need to Know About Succession Planning

When considering exiting or selling your business, there are two key things to consider; succession planning and preparing your business for sale.

Read Full PostRead - Eye Icon
Suing a Hospital for Malpractice: A Guide
News
29/08/2023Suing a Hospital for Malpractice: A Guide

A core principle of any kind of medical practice is to safeguard patient well-being. Sadly, it’s not rare to find instances of medical malpractice and negligence. When medical care falls short of accepted standards in any way, the patient has the right t



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