48North Partners
Advisory Firm
48North Partners was launched in 2023 by Chapin Newhard, a visionary advisory firm dedicated to pairing family-owned and founder-led companies with compatible private equity partners. This firm focuses on aiding these businesses through growth phases, assisting with retirement planning, or helping them navigate various strategic options.
The idea for 48North Partners sprang from Chapin's experiences at Pine Tree Equity, a Miami-based private equity firm focused on service sector investments. There, Chapin observed the numerous challenges that business owners encounter, particularly those new to selling their businesses and who often feel overwhelmed by the volume of buyer interest. Recognizing a niche for an advisory service that prioritizes the business owner’s perspective without financial entanglements, Chapin established 48North Partners. He aimed to simplify the sales process for entrepreneurs and ensure their interests were protected.
What sets 48North Partners apart from other firms is its commitment to working without upfront fees, thereby removing financial hurdles for business owners seeking guidance. This arrangement ensures that 48North Partners aligns its incentives with the business owner’s outcomes, charging fees only when a buyer is found.
48North offers a wide range of services, focusing on buy-side advisory. This service is essential for family-owned businesses in search of investors or buyers who not only respect their legacy but can also facilitate their long-term objectives. The advisory process includes comprehensive business analysis, potential growth evaluation, and strategic planning for business transitions or capital raises.
Furthermore, 48North provides capital-raising support to help businesses identify and engage with suitable investors for expansion efforts, such as entering new markets, launching new products, or scaling operations. The firm guides clients through this complex process, ensuring strategic compatibility and alignment with investors.
48North also offers key services such as succession planning and ownership transition advisory. These help business owners establish effective strategies for passing on their legacy through internal family succession or external leadership transitions.
Founder Chapin Newhard, a native of Aspen, Colorado, brings his rich entrepreneurial background to the firm. A University of North Carolina at Chapel Hill alumnus, Chapin is engaged to Marissa Buchholz. He enjoys a dynamic lifestyle with outdoor activities like surfing and skiing, community involvement, and environmental advocacy. They represent professional dedication and personal fulfillment with their dog named Nala.
Follow more on Chapin Newhard's Social Profiles:
https://www.linkedin.com/in/chapin-newhard-46a73114b/
