Strategic Growth at Newport, LLC
Newport, LLC, a national business advisory firm focusing on emerging growth and lower middle market companies, has expanded its Southeast presence with the addition of Mary Beth Borgwing as Partner. This strategic move further solidifies Newport's capabilities in the domains of technology, cybersecurity, and risk management.
Mary Beth Borgwing's Extensive Experience
Mary Beth Borgwing arrives at Newport with over 25 years of executive experience. Her impressive background spans various sectors including technology, financial services, cybersecurity, insurance, and defense. Borgwing has held positions such as CEO and CFO at several privately held enterprises, making her a recognized figure for enhancing financial performance and overseeing significant organizational transformations.
Expertise in Strategic Transformation
According to Bill Loughman, Managing Director of Newport's Southeast practice, "Mary Beth embodies the hands-on leadership and expertise our clients need to navigate complex growth strategies and risk management." Her extensive network within private equity and technology sectors further adds value to the firm’s offerings, especially for clients preparing for significant growth or financial transitions.
Integration of Advisory Practices
In her new role, Borgwing will lead the integration of Newport’s technology and security advisory practices. She plans to work closely with CEOs, boards, and private equity-backed firms, focusing on improving strategy, financial performance, and operational efficiency for businesses in the $5 million to $50 million revenue range. Her insights and guidance will be pivotal for these organizations striving to enhance their market positions.
Active Board Memberships and Initiatives
Besides her role at Newport, Borgwing serves on the board of SentriQs, a company specializing in advanced security software, and is the Chair Emeritus of The Cyber Guild, a nonprofit organization dedicated to cybersecurity education and awareness. In a continued commitment to community service, she established C.R.E.S.T., a nonprofit organization aimed at fostering economic and community resilience.
Previous Roles and Educational Background
Before joining Newport, Borgwing held the title of CFO and Treasurer at Jones Group International and played a significant role as CEO and Chief Strategy Officer of cybersecurity firms LemonFish and Vigilant, both of which were acquired by larger corporations. Her educational credentials include an MBA from Simmons Graduate School of Management and undergraduate degrees in accounting and computer science, reflecting a solid foundation for her professional journey.
About Newport, LLC
Newport, LLC is dedicated to offering strategic insight and advisory services to privately owned businesses. By matching experienced C-suite executives with business owners, Newport facilitates confidence in management and helps to generate lasting value. Established in 2011, the firm provides tailored support based on each organizations' unique needs, empowering CEOs to focus on the most critical aspects of their enterprises.
Recent Recognition
The firm was recognized for its excellence with the Inc. Power Partner Award, which celebrates the companies that significantly empower their clients to achieve their strategic goals and grow successfully. With a diverse team of partners across numerous industries and regions, Newport stands out as a senior, integrated advisory team committed to driving business successes.
Frequently Asked Questions
What role does Mary Beth Borgwing play at Newport, LLC?
Mary Beth Borgwing serves as a Partner in the Southeast region, focusing on technology and cybersecurity advisory services.
What experience does Borgwing bring to Newport?
Borgwing brings over 25 years of senior executive experience across various sectors, including technology and financial services.
What are Newport's primary services?
Newport offers strategic advisory services, helping businesses enhance financial performance and operational effectiveness.
How does Newport support middle-market organizations?
Newport specializes in providing guidance to companies with revenues between $5 million and $50 million, focusing on growth and strategic exit strategies.
What awards has Newport received recently?
Newport was awarded the Inc. Power Partner Award for significantly helping their clients grow and maximize their business potential.
