Newport LLC Welcomes Tech Executive Tom Lytle to Texas Partner Team
Newport LLC has recently strengthened its Texas practice by welcoming Tom Lytle as a partner. This admission enhances the firm's ability to support owners and investors in navigating their growth strategies and mitigating risks. Newport LLC, known for its comprehensive advisory services, focuses on fostering the best outcomes for privately owned businesses.
With over 25 years of professional experience, Tom Lytle is recognized as a prominent fintech entrepreneur and technology executive. His extensive background includes advising businesses in the energy, manufacturing, and technology sectors, equipping him with the expertise to help companies break through into the next growth phases. His impressive track record speaks volumes about his capacity to drive operational excellence and enhance enterprise value.
Kim Denney, Managing Director of Newport LLC's Texas practice, expressed enthusiasm about Lytle's addition, emphasizing the invaluable experience and connections he brings to the table. Lytle's firsthand experience as an entrepreneur is expected to resonate deeply with the leadership of emerging growth companies, positioning Newport as an even more potent partner in the landscape.
In his new role at Newport, Lytle will offer strategic guidance to executive teams, boards of directors, and investment groups, aiming to bolster corporate and business strategies, improve operations, and facilitate access to resources essential for sustainable growth. His focus will lie particularly within the realm of high-potential startups, as well as mid-sized companies with employee counts ranging from 20 to 100, and those in the lower middle market with over 100 staff.
Lytle expressed his excitement about joining Newport, remarking, "It’s thrilling to be part of such a talented group. Together, we will continue delivering practical guidance that enables organizations to traverse the complicated journey from startup to success."
Prior to his partnership with Newport, Lytle was a co-founder of Rana Analytics LLC, a consultancy specializing in financial technology, where he still holds a position on the board. His previous roles include serving as Chief Information Officer for Strategic Materials, Inc. — a private equity-backed entity specializing in recycling and manufacturing — and leading a groundbreaking $8 billion integration of Baker Hughes and GE Oil & Gas commercial software groups.
His commitment to community service is evident through his involvement on the board of Amaanah, a nonprofit in Houston, and as a veteran of the U.S. Marine Corps, showcasing his leadership and service-oriented mindset.
Newport LLC was founded in 2011 and specializes in providing strategic insights to CEOs looking to add sustainable and lasting value to their businesses. Over the years, it has helped numerous firms by matching them with seasoned partners in various fields — ensuring each business can focus on growth and success.
The firm has also been recognized for its empowering role for clients, recently receiving the Inc. Power Partner Award. With partners spread across diverse industries and states, Newport maintains a dedicated team geared towards enhancing business effectiveness and preparing them for successful outcomes.