© 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
Disrupting the M&A Industry
M&A
01/10/2015Disrupting the M&A Industry

Lisiten Associates

Read Full PostRead - Eye Icon
Poor Customer Experience Hindering B2B Firms
Finance
09/12/2015Poor Customer Experience Hindering B2B Firms

Majority of B2B Companies Missing Out on Revenue Growth Due to Poor Customer Experience Performance, Accenture Study Finds

Read Full PostRead - Eye Icon
StudentUniverse Acquired By Flight Centre Travel Group
Finance
22/12/2015StudentUniverse Acquired By Flight Centre Travel Group

StudentUniverse to Scale Globally and Become the Worldwide Leader in the $180+ Billion Student Travel Industry

Read Full PostRead - Eye Icon
IAG: Ensuring Everyone Benefits
Strategy
23/02/2018IAG: Ensuring Everyone Benefits

Insurance Applications Group (IAG) is a licensed National Employee Benefits Firm specializing in the product design, communication and administrative processes of supplemental insurance products for specific vertical markets.

Read Full PostRead - Eye Icon
Current Approach to Due Diligence  Requires Rethink
M&A
30/04/2015Current Approach to Due Diligence Requires Rethink

Completing a corporate transaction without rigorous financial due diligence is unthinkable. Yet, despite numerous well publicised incidents of cybercrime, investors remain blasé about the potential impact of cyber risks on long term value.

Read Full PostRead - Eye Icon
Seagate Technology Announces New $2.5 Billion Share Repurchase Authorization
Finance
23/04/2015Seagate Technology Announces New $2.5 Billion Share Repurchase Authorization

Seagate Technology plc announced that its Board of Directors has authorized the Company to repurchase up to $2.5 billion of its outstanding ordinary shares.

Read Full PostRead - Eye Icon
Investing in Crypto, Is It wise?
Finance
24/09/2021Investing in Crypto, Is It wise?

When the person who is lending rockets to NASA says something about the future of technology, the world pays attention. The billionaire also walked the talk instead of just preaching. His company invested over $1.5 billion in Bitcoin this year.

Read Full PostRead - Eye Icon
Study Proves Female Board Members Improve Share Price
Finance
22/04/2016Study Proves Female Board Members Improve Share Price

Having female managers on the board improves a company’s share price, according to new research from Skema business school.

Read Full PostRead - Eye Icon
Broadstone Secures A Further £1.5m To Fuel Expansion Following Major Contract Wins
Innovation
30/01/2020Broadstone Secures A Further £1.5m To Fuel Expansion Following Major Contract Wins

Existing investors continue to back company's aim to transform flexible workforces in regulated industries.



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