Founded in 2023 by Chapin Newhard, 48North Partners is an advisory firm forging strong partnerships between family-owned and founder-led businesses and the right private equity investors. Specializing in guiding these businesses through periods of growth, retirement preparation, and strategic repositioning, 48North Partners is recognized for its commitment to client-focused outcomes. Chapin's motivation to create 48North Partners originated from his experiences at Pine Tree Equity, a Miami-based private equity firm that invested in service-oriented businesses. There, he observed the unique challenges business owners face, especially those inexperienced with the complexities of selling their companies, who often felt overwhelmed by the interest from numerous potential buyers. Recognizing the need for a more tailored advisory service that prioritizes the business owner's best interests without the conflicts of interest that typically arise from fee-based structures, Chapin founded 48North Partners. He aimed to make the transaction process more transparent and supportive for business owners. 48North Partners sets itself apart by its policy of not charging upfront fees to business owners, allowing them to access expert advisory services without the burden of initial costs. This approach ensures that the firm’s incentives are closely aligned with achieving the best outcomes for the business owner, as the firm only earns a fee from the buyer side of any transaction. The firm offers a robust suite of services heavily focused on buy-side advisory. This is essential for businesses seeking to align with investors or buyers who understand their vision and are committed to contributing to their success. The services include comprehensive evaluations of the company, strategic advice on potential transitions, and guidance on capital-raising efforts. Additionally, 48North assists with capital raising, helping businesses find and secure suitable investors for expansion efforts, whether entering new markets, introducing new products, or enhancing operations. The firm ensures that these investments align with the business's long-term strategic goals. 48North also provides expert advice in succession planning and ownership transitions, helping business owners strategically manage the handover of their legacy, whether to family members or external leaders. Chapin Newhard, originally from Aspen, Colorado, and an alumnus of the University of North Carolina at Chapel Hill, leads 48North Partners. Engaged by Marissa Buchholz, he advocates for environmental causes. He enjoys participating in outdoor activities such as surfing and skiing, reflecting his dedication to professional excellence and personal fulfillment.