Liberty has decided to make the following announcement regarding its cooperation with American Marine Holdings (AMH), which includes the powerboat brands Donzi, Fountain and Pro-Line.
The Fountain 38CC - Credit Fountain Powerboats
Effective from Friday, October 7, 2011, Liberty has ceased providing management services to AMH and Liberty’s affiliate has transferred its nominee ownership interest in AMH to FCC, LCC d/b/a First Capital, a portfolio company of HIG Capital. Liberty has enjoyed its part in steering the company through the very difficult times that the boat manufacturing industry has experienced recently, and wishes FCC continued success with AMH in the future.
Starting in 1964, motor yacht brands Donzi, Pro-Line and Fountain have established themselves national and international recognized brand leaders in offshore powerboat racing, performance and recreational fishing tournaments, the performance Cruiser marketplace, while building a loyal, worldwide customer base. The three brands are manufactured in a modern 250,000 square-foot facility on the Pamlico River in Eastern North Carolina, USA.
