Butterfly Equity completes $1.95 Billion Acquisition of The Duckhorn Portfolio
12/24/24, 3:04 PM
Location
Industry
finance
food and beverage
manufacturing
hospitality
Butterfly Equity, a Los Angeles-based private equity firm specializing in the food and beverage sector, has successfully completed the acquisition of The Duckhorn Portfolio, North America’s premier luxury wine company, for $1.95 billion. The acquisition is exemplary of Butterfly’s investment strategy to drive transformation and value creation for its investors and communities across North America. The acquisition will enable The Duckhorn Portfolio to access enhanced resources to further scale its operations.
Company Info
Location
Los Angeles, California, United States
Company info
Butterfly is a Los Angeles, California-based private equity firm that invests exclusively in the $26 trillion food sector. Butterfly is a leading “seed to fork” food ecosystem investor in North America and seeks to generate consistent investment returns through deep sector expertise, a data-driven investment process, and an operations-driven approach to value creation. Since its founding in 2016, the firm has invested in a diverse portfolio of category-leading businesses representing approximately $8 billion in enterprise value including The Duckhorn Portfolio, Rise Baking Company, Actus Nutrition, Chosen Foods, MaryRuth Organics, Pete and Gerry’s, Orgain, Generous Brands, Bolthouse Fresh Foods, QDOBA, and Pacifico Aquaculture.
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