© 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
A Deep-Dive into Mergers & Acquisitions in the Age of Mass Tort
News
07/08/2023A Deep-Dive into Mergers & Acquisitions in the Age of Mass Tort

Mergers and acquisitions are a part of business growth, with the former allowing businesses to join arms to increase their financial muscle power. In contrast, the latter allows businesses to buy out their competition or diversify. While they come with advanta

Read Full PostRead - Eye Icon
Corporate Immigration and the Diversified Economic Age
Innovation
30/11/2015Corporate Immigration and the Diversified Economic Age

Anu Gupta has filed thousands of visa and green card petitions in the past 20 years, advising more than 10,000 individuals, entrepreneurs and corporate employers on immigration matters.

Read Full PostRead - Eye Icon
What are Collective Investment Schemes
News
03/11/2023What are Collective Investment Schemes

What are collective investment schemes? Collective investment schemes, popularly known as CISs, are collective investments in which a group of individual investors pool their money together and invest as one unit. It is like a pot in which different investors

Read Full PostRead - Eye Icon
Innovation Isn’t Just Tech—It’s Thinking Differently
Innovation
08/04/2025Innovation Isn’t Just Tech—It’s Thinking Differently

When people say "innovation," most minds jump to technology—apps, AI, algorithms, and maybe something about blockchain.

Read Full PostRead - Eye Icon
Team Sport Acquisition of Pole Position Indoor Karting
Finance
Read Full PostRead - Eye Icon
KKR and Borealis Maritime acquisition of Hanseatic Ship Assest Management
Finance
04/08/2015KKR and Borealis Maritime acquisition of Hanseatic Ship Assest Management

KKR and Borealis Maritime acquisition of Hanseatic Ship Assest Management

Read Full PostRead - Eye Icon
Leading Dutch IT Recruiters Plug in to Market Needs
Leadership
07/11/2019Leading Dutch IT Recruiters Plug in to Market Needs

Founded in 2002 and now a market leader for IT recruitment in the Netherlands, Personnel Search IT Recruitment is one of the most reliable and professional offices within the industry. With a strong reputation for professionalism and success built by an elite

Read Full PostRead - Eye Icon
Evaluating Parental Relocation Requests in Joint Custody Arrangements: A Legal Perspective
Legal
29/01/2026Evaluating Parental Relocation Requests in Joint Custody Arrangements: A Legal Perspective

Parental relocation requests in joint custody arrangements raise complex legal and procedural issues that require careful management by legal professionals and family law advisers. Where one parent seeks to relocate for employment, family support, or other mat

Read Full PostRead - Eye Icon
Three Entrepreneurs Who Take Sustainability Seriously
Corporate Social Responsibility
15/11/2016Three Entrepreneurs Who Take Sustainability Seriously

In the past year, sustainability has been a growing topic of interest for businesses around the world. With the Paris Agreement fresh on people’s minds, environmental sustainability is no longer a thing of moral grounds, something simply to work towards in 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