Butterfly Exits Majority Stake in MaryRuth Organics
08/15/24, 1:16 PM
Location
los angelesIndustry
finance
food and beverage
Type
partnership
Butterfly, a private equity firm specializing in the food sector, has announced its exit from the majority stake in MaryRuth Organics, LLC. Although Butterfly will retain an active investor role, MaryRuth and her family will still retain a significant majority ownership of the business, and the Company will continue to execute its aggressive expansion plans.
Company Info
Location
los angeles, california, united states
Additional 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.