48North Partners

48North Partners, launched in 2023 by Chapin Newhard, is an innovative advisory firm that facilitates strategic partnerships between family-owned and founder-led businesses and private equity investors. The firm assists clients through growth phases, retirement planning, and strategic decision-making.

Chapin Newhard founded 48North Partners after identifying a market need at Pine Tree Equity, a Miami-based private equity firm concentrating on the service sector. He recognized that many business owners, especially those inexperienced with selling their business, were overwhelmed by the complexity and number of potential buyer inquiries. This observation led to the creation of 48North Partners, an advisory service that prioritizes the interests of business owners without the conflicts of interest that arise from traditional fee-based models. Chapin's goal was to streamline the sales process and ensure that the interests of the business owners were paramount.

One of 48North Partners' distinctive features is its commitment to not charging business owners upfront fees. This policy enables owners to explore their options and receive guidance without the pressure of initial costs, aligning the firm's success with the success of the business owners. The firm's fees are generated only from successful buyer engagements, reinforcing its commitment to client-first outcomes.

48North Partners provides a broad range of advisory services, emphasizing buy-side advisory. This service is vital for businesses seeking investors or buyers who are a strategic fit and committed to supporting their ongoing success. The firm conducts in-depth business evaluations, offers strategic growth planning, and provides tailored advice on capital raising and ownership transitions.

Additionally, 48North Partners offers capital raising assistance, helping businesses secure suitable investors for projects to expand markets, launch new products, or enhance operational efficiencies. The firm ensures that these investment efforts align with the business's long-term objectives.

48North also excels in succession planning and ownership transitions, offering expert guidance to business owners on effectively passing on their legacy through internal family succession or external management.

Chapin Newhard, originally from Aspen, Colorado, and a University of North Carolina graduate at Chapel Hill, leads 48North Partners. Engaged to Marissa Buchholz, he is a passionate advocate for environmental causes and enjoys outdoor sports such as surfing and skiing. He demonstrates a commitment to maintaining a balance between professional ambitions and personal well-being.