© 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
Tips for Students: Leadership Qualities That Are Important to Business
Leadership
04/09/2020Tips for Students: Leadership Qualities That Are Important to Business

You might have heard the saying that a leader can’t be created, they are only born that way. This can’t be further from the truth as almost everyone can become a leader.

Read Full PostRead - Eye Icon
Providing a Positive Change
News
01/08/2019Providing a Positive Change

Intengine’s role is to help bridge the gap between shared social and environmental objectives, and the means and knowledge required to achieve their fulfilment.

Read Full PostRead - Eye Icon
Revolutionize Your B2B Business: Unveiling the Top eCommerce Platforms of 2023
News
02/10/2023Revolutionize Your B2B Business: Unveiling the Top eCommerce Platforms of 2023

Explore the future of B2B commerce with our comprehensive guide to the top eCommerce platforms in 2023. Streamline your business, increase efficiency, and stay ahead of the competition.

Read Full PostRead - Eye Icon
Cybersecurity Awareness Month: 5 Essential Steps to Protect Your Business
Finance
15/10/2024Cybersecurity Awareness Month: 5 Essential Steps to Protect Your Business

According to the 2024 UK Government Cybersecurity Breaches Survey, 50% of businesses experienced a cyber-attack or security breach in the past year.

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
Suite Success
Leadership
01/11/2016Suite Success

In 1994, Edward and Sarah Bence arrived as new owners of Brixham’s respected Berry Head Hotel. Since then, with their family, they have transformed it into a much-loved jewel at the heart of the community.

Read Full PostRead - Eye Icon
Healthcare Heroes
Innovation
04/01/2021Healthcare Heroes

Did you know that every three minutes, a traveller needs emergency medical treatment abroad? For those people in need of urgent assistance, the team at Angels of Flight Canada Inc. are a godsend, providing expert medical advice in a challenging situation. Earn

Read Full PostRead - Eye Icon
Commercial Law Considerations for Companies Trading Internationally
Legal
08/11/2023Commercial Law Considerations for Companies Trading Internationally

International trade offers significant potential both for businesses and the economy; recent research from Santander suggests UK coffers could benefit to the tune of £93.5bn if SMEs were to realise their global aspirations, while creating an additional 1.9mil

Read Full PostRead - Eye Icon
Do different industries see better ROI on marketing?
Finance
20/08/2018Do different industries see better ROI on marketing?

The UK's motor industry has a huge marketing budget to hand, one that not all sectors can hope to match.



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