Stamford, CT – December 26, 2025: TrueNorth Capital Partners LLC (“TrueNorth”) is pleased to announce that its wholly owned subsidiary, TNCP, LLC (“TrueNorth”) acted as exclusive financial advisor to Whisper Carts, LLC (“Whisper Carts”) on acquiring substantially all of the assets of Apex Marine Inc., D/B/A Qwest Pontoons (“Qwest Pontoons”) and Hatley Properties LLC, on its acquisition of the Land and Improvements of EMD Investments.

Qwest Pontoons, known for its American-made, high-quality pontoon boats, has built a strong reputation for craftsmanship, integrity, and lifestyle-driven design. The acquisition of Qwest Pontoons by Whisper Carts only reinforces an emphasis on both brands’ shared commitment to delivering premium products while creating American jobs.

Whisper Carts, an industry leader in modern golf cart innovation, alongside its sister company, LPI Inc., the nation’s largest hot tub and swim spa manufacturing business, continues to invest in US manufacturing. The company has also acquired the domain pontoonboats.com, expanding Qwest’s digital reach and mirroring its successful online strategy used with golfcarts.com and hottub.com.

“We are excited to welcome Qwest Pontoons unique designs and products to the Whisper Carts product line,” said David Hatley, President of Whisper Carts. “This acquisition represents yet another giant milestone in our rapid growth strategy and dedication to providing the highest quality pontoon boats available in the market today.” Mr. Hatley went on to thank TrueNorth Capital Partners for their thoughtful advice throughout this transaction saying, “TrueNorth not only originated the deal with Qwest Pontoons, but also helped us successfully navigate our way through an often complicated and arduous acquisition process.TrueNorth was there with us every step of the way.”

TrueNorth’s professionals supporting Whisper Carts are Fred Rossetti, Clay D. Risher and Evan Shelton.

Further inquiries should be directed to TrueNorth at the contact information provided below:

Fred Rossetti, Managing Director
Direct Dial: (203) 817-0276
E-mail: frossetti@truenorthcp.com

Clay D. Risher, Managing Director
Direct Dial: (203) 817-0286
E-mail: crisher@truenorthcp.com

About Whisper Carts LLC:
Whisper Carts is a Johnson City, Tennessee-based golf cart manufacturer dedicated to setting a new industry standard and creating a product that makes luxury leisure attainable to everyone.

About Qwest Pontoons:
Qwest Pontoons has been a leader in manufacturing high quality pontoon boats and recreational products since 2003. Based in Michigan, the company offers a full line of customized pontoon boats that are distributed through independent dealers across the U.S. Qwest is committed to delivering the best combination of quality, value, and performance in made in the U.S.A. pontoon boat manufacturing. 

About TrueNorth Capital Partners LLC:
TrueNorth provides advisory services to companies seeking advice on middle-market M&A and financing transactions. With offices in Stamford, CT; Charleston, SC; Sea Girt, NJ; Naples, FL; Minneapolis, MN, Tokyo, Japan, and London, UK. TrueNorth is a boutique investment bank comprised of senior bankers providing a full complement of financial advisory services. Our focus on the middle-market enables us to provide independent, value-added advisory services to privately held middle-market companies, private equity and family office groups and corporate clients, both domestic and international, across a broad range of industries. TrueNorth conducts its securities related business through its wholly owned subsidiary, TNCP, LLC, member FINRA/SIPC.