48North Partners
Advisory Firm in Los Angeles, CA
48North Partners was founded in 2023 by Chapin Newhard. It is a specialized advisory firm that connects family-owned and founder-led businesses with ideal private equity partners. The firm is adept at guiding clients through growth strategies, retirement planning, and various strategic alternatives.
The genesis of 48North Partners stemmed from Chapin’s experiences at Pine Tree Equity, a private equity firm based in Miami focusing on service industries. During his tenure, Chapin observed the difficulties faced by business owners, particularly those new to the sales process, overwhelmed by multiple buyer inquiries. Realizing there was a void in the market for an advisory firm that genuinely prioritized the business owner’s interests without the distraction of conflicting financial incentives, Chapin established 48North Partners. His vision was to simplify the complexities of business transactions and ensure that the interests of the business owners were always at the forefront.
48North Partners sets itself apart by not charging upfront fees to business owners, enabling them to seek advisory services without financial commitment. This approach ensures that the firm’s recommendations are purely in the business owner's best interests, as it earns fees only from successful buyer transactions.
The firm offers extensive advisory services, strongly emphasizing buy-side advisory. This service is crucial for businesses looking for investors or buyers who align with their vision and can contribute to their long-term success. It includes a detailed evaluation of the company, advice on potential growth opportunities, and guidance on strategic transitions or capital-raising efforts.
In addition, 48North Partners provides capital raising assistance, helping businesses secure the right investors for their expansion plans, whether entering new markets, launching products, or scaling operations. The firm guides clients through this process with strategic insights, ensuring the investments align with the business’s strategic goals.
Chapin Newhard, a native of Aspen, Colorado, and a University of North Carolina graduate at Chapel Hill, founded 48North Partners. Engaged with Marissa Buchholz, he is deeply involved in environmental advocacy. He enjoys outdoor sports like surfing and skiing, reflecting his commitment to a balanced lifestyle that integrates professional success and personal enjoyment.