After being caught up in a high profile private equity flameout earlier this year, L.A. based seafood company Certi-Fresh has a new chairman and is on the road to growth.
The United States District Court took exclusive jurisdiction of Cardinal Growth L.P., Certi-Fresh’s former owner, in June and ordered the US Small Business Administration (SBA) to seize all of Cardinal’s assets.
Yet “Certi-Fresh is not for sale,” Chief Financial Officer Scott Obel told IntraFish on Thursday.
Certi-Fresh had broken with Cardinal over a breach of trust back in March, and the two companies have not talked since, Obel said.
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