© 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
How to Better Navigate Your Team Through a Merger or Acquisition
Leadership
19/07/2022How to Better Navigate Your Team Through a Merger or Acquisition

2021 was a record year for mergers & acquisitions (M&A) activity. In the US alone, M&A accounted for $581 billion. Yet according to the Harvard Business Review, studies repeatedly show that between 70 – 90% of mergers and acquisitions fail. A lack of support

Read Full PostRead - Eye Icon
LANDESK Finalizes AppSense Acquisition, Advances Lead in Unified Endpoint Management with Extended U
M&A
19/04/2016LANDESK Finalizes AppSense Acquisition, Advances Lead in Unified Endpoint Management with Extended U

LANDESK today announced it has completed the acquisition of California-based AppSense, the leading provider of secure user environment management solutions.

Read Full PostRead - Eye Icon
Financial Data Breaches: ICO Reports 8,000 Percent Rise
Finance
07/05/2024Financial Data Breaches: ICO Reports 8,000 Percent Rise

According to the Information Commissioner’s Office (ICO), there was an 8,000 percent increase in the number of people affected by financial data breaches in central government between 2019 and 2023.

Read Full PostRead - Eye Icon
Changing the Appearance of Your Business: A Guide
News
28/01/2021Changing the Appearance of Your Business: A Guide

With the new year in full swing and with the long-awaited vaccine on the horizon, it is safe to say that life as we know it will be upon us in no time! Many people use this time of year to make changes to certain aspects of their lives, and this is undoubtedly

Read Full PostRead - Eye Icon
Out There: Reasons To Use Promotional Products In Your Marketing Strategy
News
03/01/2023Out There: Reasons To Use Promotional Products In Your Marketing Strategy

Promotional products are a great way for businesses to get their message out to potential customers. They are an important tool in any marketing strategy, as they can be used to build brand awareness, increase visibility and engage customers. From pens and mug

Read Full PostRead - Eye Icon
CEO of the Year
Innovation
02/02/2016CEO of the Year

Delta Network System Ltd. is the core entity of DNS group, with the vision of providing best solution for advanced networking and integration solutions and services.

Read Full PostRead - Eye Icon
The Most Common Questions On Personal Injury Claims Answered
Legal
24/03/2022The Most Common Questions On Personal Injury Claims Answered

For most of us, legal procedures and processes aren’t everyday occurrences: we see more of a courtroom through our TVs, as per Collider.com, than we ever do in person. Some of the most common circumstances in which people find themselves actually represented

Read Full PostRead - Eye Icon
8 Signs You Might Need an Employee Settlement Agreement
News
04/08/20258 Signs You Might Need an Employee Settlement Agreement

8 Signs You Might Need an Employee Settlement Agreement Once the workplace environment turns from annoying to definitely unpleasant, you can usually be sure that there is a more serious issue involved. Maybe it seems like you are being pushed out, or you sudde

Read Full PostRead - Eye Icon
Number of Leaked M&A Deals at Six Year Low
Legal
23/11/2015Number of Leaked M&A Deals at Six Year Low

Research conducted with the M&A Research Centre at Cass Business School, London shows leaked deals on the decline due to regulatory enforcement



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