48North Partners@48northpartners
48North Partners was founded by Chapin Newhard in 2023, positioning itself as a strategic advisory firm dedicated to helping family-owned and founder-led businesses effectively partner with private equity investors. The firm specializes in aiding these companies through growth phases, preparing for retirement, or exploring various strategic opportunities.
The concept for 48North Partners emerged from Chapin's experiences at Pine Tree Equity, a private equity firm in Miami that focused on the service sector. There, he recognized the significant challenges faced by business owners, especially those new to the transaction process, who were overwhelmed by the sheer number of potential buyers. Chapin saw a clear need for an advisory firm that would prioritize the interests of business owners without the complications of financial incentives from multiple parties. This led to the creation of 48North Partners, a firm designed to provide clear, unbiased advice and simplify its clients' sales process.
What sets 48North Partners apart is its unique approach to client service. The firm does not charge business owners upfront fees, allowing them to explore their options and receive guidance without financial pressure. 48North Partners derives its fees from the buyer side, ensuring its recommendations align solely with the business owner’s best interests.
48North Partners offers a comprehensive suite of services with a strong emphasis on buy-side advisory. This service is crucial for family-owned businesses looking for investors or buyers who understand their business model and are committed to supporting their future success. The advisory process includes an in-depth review of the business’s potential, strategic advice on growth opportunities, and guidance on capital raising or ownership transitions.
Moreover, 48North provides capital-raising support, helping businesses find the right investors for expansion, whether breaking into new markets, introducing new products, or scaling existing operations. The firm guides business owners through this process, ensuring that investment partnerships are well-suited to their long-term goals.
48North also assists with succession planning and ownership transitions, providing strategic advice to ensure seamless changes in leadership or ownership and preserve the business's legacy.
Chapin Newhard, founder of 48North Partners and a native of Aspen, Colorado, integrates his deep-rooted entrepreneurial spirit into his work. A University of North Carolina graduate at Chapel Hill, Chapin is engaged to Marissa Buchholz. He enjoys sharing his love for the outdoors through surfing and skiing with their dog Nala. This reflects his commitment to professional excellence and personal fulfillment.