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Centre Lane Partners, founded in 2007 and headquartered in New York City, is a private investment firm that invests in the equity and debt of middle market companies in North America.
During bankruptcy proceedings, the company sold its appliance business ("Instant" branded products) to Centre Lane Partners. [14] On December 22, 2023 the sales agreement to Centre Lane for Consumers houseware including Pyrex and the Charleroi Pyrex Manufacturing plant was terminated due to: not being able to obtain requisite regulatory approvals.
In November 2023 Instant Pot Brands was established as a standalone company with a new capital structure under new ownership following its purchase by an affiliate of Centre Lane Partners. [13] [1] In February 2024, the bankruptcy court approved the company's restructuring plan. [1]
Saladworks LLC. Saladworks, LLC is a restaurant franchise that serves made-to-order entrée salads, wraps, soups, and sandwiches. [1] Saladworks restaurants are categorized as fast casual, and the company markets its menu as a healthy alternative to other fast food fare. [2] The franchise currently operates 150 restaurant locations in 22 states ...
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In October 2022, Kibo spun out personalization business under the relaunched Monetate brand, including the products of Monetate and Certona. The newly relaunched brand was sold to Centre Lane Partners, a private investment firm. [5]
Veronis Suhler Stevenson sold Infobase to another private equity firm, Centre Lane Partners, in 2018. [12] Infobase acquired Credo Reference in 2018. [13] The World Almanac was sold to SkyHorse Publishing in 2020. Infobase acquired careers website Firsthand (including Vault.com), in 2021. [14] Infobase acquired Omnigraphics in 2022. [15]
After the death of Frank Pearl, Perseus was sold to Centre Lane Partners in 2015, a private equity firm. [9] In April 2016, its name and publishing business was acquired by Hachette Book Group and its distribution business by Ingram Content Group. [10] In December 2018, Hachette Books became an imprint of the Perseus Books division.