Chapin Newhard
Founder of 48North Partners
Chapin Newhard founded 48North, a buy-side advisory firm created in 2023 to help family-owned and founder-led businesses connect with the right private equity partners His firm is dedicated to guiding entrepreneurs through various business decisions, whether they seek growth, plan for retirement, or explore their options for the future.
The concept for 48North stemmed from Chapin’s time at Pine Tree Equity, a private equity firm in Miami specializing in service businesses. During his tenure, Chapin saw how difficult it was
for business owners to navigate selling their companies Many owners, particularly those unfamiliar with the process, were overwhelmed by numerous buyer inquiries and unsure of the best course of action Chapin realized there was a need for an advisory firm that worked solely in the business owner's best interest without any upfront fees. This recognition led Chapin to create 48North to offer a risk-free advisory service.
Risk-Free Advisory Model
48North’s business model ensures no financial burden is placed on the business owner. Unlike traditional advisory firms that charge upfront fees, 48North only earns compensation once a deal is successfully closed and the buyer pays the fees This structure guarantees that business owners are not at financial risk, allowing them to explore their options with confidence and clarity
Chapin designed this fee structure to eliminate many business owners' fear when seeking advice Business owners can receive expert guidance on growing their companies, selling, or navigating succession planning without worrying about initial financial costs. By keeping the client’s best interests at the forefront, 48North fosters a trust-based, transparent relationship where owners can feel secure in their decision-making process
Comprehensive Services to Fit Every Need
48North offers a wide range of services, each tailored to address the specific needs of business owners at different stages of their business journey These services include buy-side advisory, capital raising, and succession planning.
The firm’s buy-side advisory service helps business owners find investors or buyers who share their long-term goals. By leveraging Chapin’s extensive network of private equity firms, 48North ensures business owners connect with suitable partners who align with their values and vision This service is particularly valuable for owners looking to sell or partner with investors who will be committed to their business’s long-term success
For companies seeking capital to fuel growth, 48North offers capital-raising services. These services help businesses secure the necessary investment to expand, enter new markets, or scale operations By guiding business owners through the complex process of raising capital, 48North makes it easier for companies to connect with the right investors to help them achieve their goals
Succession planning is another essential service offered by 48North Transitioning leadership, whether to the next generation or an external buyer, is one of the most important and challenging decisions a business owner can make. 48North helps owners develop succession
strategies that align with their personal and professional goals, ensuring that their business’s legacy is preserved while transitioning leadership smoothly.