© 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
AI’s Place in the Boardroom: Creating An Effective AI Framework for Staff
Innovation
04/09/2023AI’s Place in the Boardroom: Creating An Effective AI Framework for Staff

The rise of artificial intelligence (AI) has become a hot topic in the world of corporate governance. Traditionally strategic decision-making was the domain of human decision-makers, but with the integration of AI technologies, we’re now starting to see gove

Read Full PostRead - Eye Icon
Zegona Acquisiton of Telecable
Innovation
03/08/2015Zegona Acquisiton of Telecable

Zegona Acquisiton of Telecable

Read Full PostRead - Eye Icon
Intuitive iKomet Initiates Innovations
Innovation
23/02/2020Intuitive iKomet Initiates Innovations

When it comes to offering simplified software services, iKomet Technology Solutions Pvt Ltd is gradually and consistently making a mark. Helping clients for past 5 years, this innovative company makes a point of being able to create bespoke and niche yet simpl

Read Full PostRead - Eye Icon
National and International Financial Reporting Standards
Finance
01/06/2016National and International Financial Reporting Standards

BDO Bulgaria are amongst the leading independent consultants, auditors and accountants on the Bulgarian market.

Read Full PostRead - Eye Icon
Mortgage brokers expect a 6 to 9-month recovery
Finance
29/06/2020Mortgage brokers expect a 6 to 9-month recovery

A survey executed by MT Finance has found that 40 per cent of brokers in the mortgage industry expect the property market to take around six to nine months to recover. 27 per cent of those surveyed had a gloomier outlook, allowing a timescale of a year or more

Read Full PostRead - Eye Icon
Dispute Resolution Specialist
Leadership
04/09/2019Dispute Resolution Specialist

JAMS is renowned for the first class service that it offers in its field across the US and internationally too. Recently, Lorraine Brennan of JAMS was recognised for her outstanding work in AI Leading Adviser Awards 2018

Read Full PostRead - Eye Icon
Insight acquisition of a stake in Fenergo
M&A
23/07/2015Insight acquisition of a stake in Fenergo

Insight acquisition of a stake in Fenergo

Read Full PostRead - Eye Icon
Stellex Capital, in Partnership With Communify, has Acquired Fincentric From S&P Global
M&A
16/08/2024Stellex Capital, in Partnership With Communify, has Acquired Fincentric From S&P Global

Communify, a Just Build It (JBI) company led by the former founders of InvestCloud, in partnership with Stellex Capital Management, will be combined with Fincentric (formerly known as Markit On Demand), a provider of digital experiences, curating financial dat

Read Full PostRead - Eye Icon
Making the Right Moves: M&A Success through Virtual Data Rooms
News
07/12/2023Making the Right Moves: M&A Success through Virtual Data Rooms

Whenever companies require M&A, they want to organize the process as well as possible. At its core, the M&A process is quite understandable and common in the business world, as it allows combining the capabilities of two companies into one new, more po



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