© 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
6 Reasons To Register Your Business Trademark
Legal
01/12/20226 Reasons To Register Your Business Trademark

When entrepreneurs start their businesses, they don't always consider trademarking them. However, having one has several benefits for your business. Your trade name is a valuable asset that might make you a fortune. A trademark is also an excellent way to prot

Read Full PostRead - Eye Icon
Festive Philanthropy: Five Tips to Gift Well
Corporate Social Responsibility
15/12/2022Festive Philanthropy: Five Tips to Gift Well

In the midst of the plethora of challenges facing us all, those who are fortunate to have something to spare may be seeking ways to support causes close to their hearts this Christmas, the peak time for charitable giving. But with so many worthy causes, how do

Read Full PostRead - Eye Icon
Cargo Spill Motorcycle Accidents: Liability, Risk and Legal Exposure After Freeway Incidents
Legal
27/01/2026Cargo Spill Motorcycle Accidents: Liability, Risk and Legal Exposure After Freeway Incidents

Unsecured or improperly loaded cargo represents a significant risk within commercial transport operations, particularly on high-speed roads. When debris falls from a truck, the consequences can be severe for other road users, especially motorcyclists who have

Read Full PostRead - Eye Icon
Most Innovative Law Firm of 2016, Scotland
Legal
04/04/2016Most Innovative Law Firm of 2016, Scotland

The Most Innovative Law Firm of 2016, Scotland is listed in the UK edition of March’s AI magazine.

Read Full PostRead - Eye Icon
Manufacturing Cloud Transforms Digital Services
Innovation
24/11/2016Manufacturing Cloud Transforms Digital Services

Mergers and partnerships to be an indispensable part of manufacturing, finds Frost & Sullivan’s Industrial and Process Control Team.

Read Full PostRead - Eye Icon
Can a Solvent Company Settle With the IRS?
Legal
29/04/2026Can a Solvent Company Settle With the IRS?

Wondering whether a solvent company can settle with the IRS? The surprising answer is yes, and that catches many business owners off guard. Most people assume settlements are only for companies on the brink, but the IRS sometimes makes exceptions when fairness

Read Full PostRead - Eye Icon
Ely Gold Announces Sale of Isabella Property to Gold Resource Corporation
Finance
11/01/2017Ely Gold Announces Sale of Isabella Property to Gold Resource Corporation

Ely Gold & Minerals Inc.is pleased to announce its wholly-owned subsidiary, Nevada Select Royalty, Inc. has executed a purchase agreement for the sale of its 100% owned Isabella property located in Mineral County, Nevada to Walker Lane Minerals Corporation, a

Read Full PostRead - Eye Icon
Navigating the Digital Landscape: Volunteer Management Software Essentials
News
27/11/2023Navigating the Digital Landscape: Volunteer Management Software Essentials

In today’s fast-paced digital era, organizations and nonprofits heavily rely on technology to enhance their operations and maximize productivity. Volunteer management, which requires coordination and administration, is no exception. This is where volunte

Read Full PostRead - Eye Icon
Mind the Digital Gap
Innovation
18/06/2015Mind the Digital Gap

This viewpoint, written by Thibaut Jacquet-Lagreze, Head of Marketing & Sales HQ, Avaloq, focuses on the finance industry’s requirement to keep up with the digital transformation currently taking place. With the rise of fintechs becoming increasingly apparen



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