61Fourty-Eight-North Partners (northpartners)
Joined 3 months ago from Los Angeles, CA
48North Partners, inaugurated in 2023 by Chapin Newhard, is a dedicated advisory firm that supports family-owned and founder-led businesses in identifying and partnering with suitable private equity investors. The firm excels in guiding these businesses through periods of growth, assisting with retirement strategies, and exploring strategic opportunities.
Chapin's journey to establishing 48North Partners began at Pine Tree Equity, a private equity firm in Miami specializing in the service industry. While there, he observed the difficulties business owners faced, particularly those unfamiliar with the sales process, as they tried to navigate the overwhelming interest from potential buyers. This experience highlighted a gap in the market for an advisory service that prioritized the interests of the business owners without the conflict of dual fees. Motivated by this insight, Chapin launched 48North Partners, focusing on providing clear and unbiased guidance to business owners, ensuring their best interests were at the heart of every decision.
A standout feature of 48North Partners is its commitment to not charging business owners upfront fees. This policy allows owners to explore potential partnerships and receive advisory services without the pressure of initial costs. 48North Partners aligns its success with the business owner's, earning fees only from the buyer side of transactions.
The firm’s suite of services includes buy-side advisory, which is vital for businesses seeking aligned investors or buyers who understand their vision and can contribute to sustained growth and success. This service involves a thorough review of the business's potential, strategic advice on possible transitions, and guidance on how to raise capital effectively.
In addition to these services, 48North supports capital raising, aiding businesses in securing the right investors for initiatives aimed at market expansion, product development, or operational scaling. The firm’s advisors help ensure these investments align with the business’s long-term goals.
48North also offers expertise in succession planning and ownership transitions, helping business owners devise strategies that ensure the continuation of their legacy, whether through internal succession or the introduction of external management.
Chapin Newhard, originally from Aspen, Colorado, and a University of North Carolina at Chapel Hill alumnus, embodies a blend of entrepreneurial spirit and commitment to community. Engaged to Marissa Buchholz and a lover of outdoor activities, Chapin’s passion for environmental stewardship and personal well-being shines through his professional and personal life.