Greene Holcomb & Fisher (“GH&F”) is pleased to announce the successful sale of Alumacraft Boat Co. (“Alumacraft”) to Corinthian Capital.  GH&F served as exclusive financial advisor to Alumacraft, a family-owned manufacturer of fishing and recreational boats headquartered in St. Peter, Minnesota.  In partnership with senior management, New York-based Corinthian Capital plans to grow and build upon Alumacraft’s sixty-five year history of success.  The closing of the transaction was GH&F’s 19th completed assignment in 2011 and builds on GH&F’s reputation of working with leading consumer branded companies.

Kent Adams, GH&F Managing Director commented, “Alumacraft is a well-recognized brand and known as a category leader throughout the boating industry.  We are very pleased to have achieved a successful outcome for all parties involved.  Alumacraft has found a home with a private equity group that is focused on growing the business while simultaneously providing a strong, stable financial platform to provide quality and service to Alumacraft customers.  We worked closely with the Company’s other advisors – Northern Trust and Davis, Graham & Stubbs – to ensure a positive outcome for the Company and the family.”

In the Company’s press release, James Irwin, President of Alumacraft stated, “the current management of Alumacraft has worked together for over 10 years and has over 80 combined years in the marine industry. Together with our prior owner, Dave Benbow, Alumacraft has built a strong legacy in the boating community.”  Irwin went on to say, “generations of fishing enthusiasts have relied on the quality, durability and value of Alumacraft.  When Dave passed in 2010, we committed ourselves to build upon this legacy; Corinthian Capital shares the same strong commitment to employees, quality manufacturing and growth.  Combining Corinthian’s resources and our strong management team will help the employees and management of Alumacraft continue to build upon our tradition of excellence.”

About Alumacraft

Alumacraft is one of the most recognized brands and leading manufacturers in the fishing and recreational boat industry. Alumacraft is the only independently-owned brand amongst the leading fishing boat players and enjoys the #2 market share in the fishing boat industry throughout North America and a #1 position in the Upper Midwest. Through its multiple boat lines, the Alumacraft brand is known by generations of boat dealers, and fishing and boating enthusiasts for delivering the highest quality, smoothest riding
aluminum boat products in the industry, introducing a constant stream of revolutionary new boats and boating components, and providing exceptional customer service.  For more information, visit www.alumacraft.com.

About Corinthian Capital

Corinthian Capital Group, LLC is a $300 million private equity firm specializing in investments in small and middle market companies. Corinthian was founded in 2005 and is headquartered in New York with offices in Boston and Chicago.  For more information, visit www.corinthiancap.com.

About Greene Holcomb & Fisher

Greene Holcomb & Fisher, with offices in Minneapolis, Phoenix and Seattle, is an investment banking firm that specializes in mergers and acquisitions, private placements and financial advisory services for the middle market. At GH&F, we blend our experience from nationally prominent investment banks, New York Stock Exchange-listed companies and leading law firms with senior-level attention and entrepreneurial ingenuity to deliver creative services to high quality companies.

We thank you for your continued support. To learn more about our practice,
please visit our website at www.ghf.net or call us at 612-904-5700.