Founded | 2016 |
---|---|
Headquarters | Beverly Hills, California |
Key people | Adam Waglay (Co-CEO) Dustin Beck (Co-CEO) |
AUM | US$4 billion (2022) |
Subsidiaries | Chosen Foods Qdoba Bolthouse Farms |
Website | bfly |
Butterfly Equity, also known as BFLY, is an American private equity company based in Beverly Hills, California. [1] [2] Butterfly specializes in food investments, and is the owner of Qdoba, Bolthouse Farms, and Chosen Foods. [3] [4] [5] [6]
In 2021, Butterfly invested in MaryRuth Ghiyam's MaryRuth Organics, LLC, a health and wellness brand operating in the premium vitamins, minerals, and supplements. [7]
SuperValu, Inc., was an American wholesaler and retailer of grocery products. The company, formerly headquartered in the Minneapolis suburb of Eden Prairie, Minnesota, had been in business since 1926. It is a wholly owned subsidiary of United Natural Foods (UNFI).
Qdoba is a chain of fast casual restaurants in the United States and Canada serving Mexican-style cuisine. After 15 years as a wholly owned subsidiary of Jack in the Box, the company was sold to a consortium of funds led by Apollo Global Management in March 2018. In October 2022, Qdoba was acquired by Butterfly Equity. At the time of the acquisition, Qdoba had nearly 750 locations across North America. It is the No.2 player and No.1 franchisor of Mexican fast-casual dining in North America.
Orkla ASA is a Norwegian conglomerate operating in Europe, Asia and the US. At present, Orkla operates in the branded consumer goods, aluminium solutions and financial investment sectors. Orkla ASA is listed on the Oslo Stock Exchange and its head office is in Oslo, Norway. As of 31 December 2021, Orkla had 21,423 employees. The Group's turnover in 2021 totalled NOK 50.4 billion.
Del Monte Foods Inc. is a foreign-owned food production and distribution subsidiary headquartered in Walnut Creek, California. Del Monte Foods is one of the largest producers, distributors and marketers of branded processed food for the U.S. retail market, generating approximately $1.73 billion of annual sales. Its portfolio of brands includes Del Monte, S&W, Contadina, College Inn, Kitchen Basics, Joyba, and Take Root. Greg Longstreet is the current Chief Executive Officer of Del Monte Foods. Several Del Monte products hold the number one or two market share position. The company also produces, distributes and markets private-label food.
Dean Foods was an American food and beverage company and the largest dairy company in the United States. The company's products included milk, ice cream, dairy products, cheese, juice, and teas. It processed milk in the United States under a number of regional and national brands. Founded in 1925, the company filed for Chapter 11 Bankruptcy in 2019, and its assets were acquired by several buyers in 2020.
Wellness Pet Company is a pet food company that consists of Wellness Natural Pet Food, Old Mother Hubbard by Wellness, Whimzees by Wellness, Sojos, Eagle Pack and Holistic Select purchased by Clearlake Capital. Wellness Pet Company is headquartered outside of Boston, in Tewksbury, Massachusetts, as well as in Boston proper.
Oberweis Dairy, headquartered in North Aurora, Illinois, is the parent company of several dairy-related and fast food restaurant operations in the midwest region of the United States. Its businesses include a home delivery service available in parts of Illinois, Indiana, Missouri, Michigan, North Carolina, Texas, and Wisconsin, which delivers traditional dairy products, including milk, ice cream, cheese, and yogurt, as well as bacon and seasonal products.
Bolthouse Farms, founded 1915 in Grant, Michigan, is a vertically integrated farm company specializing in refrigerated beverages, salad dressings, and baby carrots. It is located in the San Joaquin Valley of California and is headquartered in Bakersfield, California in Kern County. The company operates facilities in Prosser, Washington. Private equity firm Madison Dearborn Partners owned Bolthouse from 2005 to 2012, when it was bought by the Campbell Soup Company for US$1.55 billion. The company changed hands once again in June 2019, when Campbell sold it to Butterfly Equity.
Sprouts Farmers Market, Inc., is a supermarket chain headquartered in Phoenix, Arizona. The grocer offers a wide selection of natural and organic foods, including fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat, poultry, seafood, deli, baked goods, dairy products, frozen foods, natural body care, and household items. Sprouts employs 35,000 workers and operates more than 400 stores in 23 states.
The Bountiful Company is an American dietary supplements company. It is owned by Kohlberg Kravis Roberts, which sold most of the company's brands to Nestlé in 2021.
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors.
Plum Baby was a United Kingdom company producing organic food for babies, based in Taplow.
The Vitamin Shoppe is an American, New Jersey-based retailer of nutritional supplements. It also operated three stores in Canada under the name VitaPath from January 2013 until March 2016. The company provides approximately 7,000 different SKUs of supplements through its retail stores and over 17,000 different SKUs of supplements through its retail websites.
Legend Holdings Corporation (联想控股股份有限公司) is a Chinese investment holding company with interests in finance, real estate, and information technology, and the controlling shareholder of its better-known associate company, the Lenovo Group. Formed by the Chinese Academy of Sciences, Lenovo was originally Legend Computer, until the English name was changed in 2004. Its Chinese name however remains the same, 联想.
Swanson Health Products (SHP) is a natural health catalog and Internet marketing company headquartered in Fargo, North Dakota. The company sells natural health and wellness products, including health foods, dietary supplements such as vitamins, minerals, herbs, as well as natural personal care products directly to consumers through mail-order catalogs and an e-commerce website.
Paul Martin Fleming is an American restaurateur. He has developed a number of restaurant chains, including P. F. Chang's China Bistro, Fleming's Prime Steakhouse & Wine Bar, Pei Wei Asian Diner, Z’Tejas Grills, and Paul Martin's American Grill.
Post Holdings, Inc. is an American consumer packaged goods holding company headquartered in St Louis, Missouri with businesses operating in the center-of-the-store, refrigerated, foodservice, and food ingredient categories. Its Post Consumer Brands business manufactures, markets, and sells both branded and private label products, mainly breakfast cereals. Its Michael Foods Group business supplies value-added egg products and refrigerated potato products to the foodservice and food ingredient channels. Through its Post Refrigerated Retail business, Post offers potato, egg, sausage, and cheese refrigerated side dishes products. Post participates in the private brand food category through its investment in 8th Avenue Food & Provisions, a leading, private brand centric, consumer products holding company.
Parag Milk Foods is an Indian company that manufactures, markets and sells milk and milk products. The company is India's second largest producer of cheese under its brand Go and the country's largest producer of cow ghee under its brand Govardhan. In 2015, the company began producing whey protein powder and since then has launched branded protein powder products as well. As of 2017, the company's daily procurement of milk was 1.2 million litres.
New Chapter, Inc. is the American manufacturer of the New Chapter brand of vitamins and other organic dietary supplements. Based in Brattleboro, Vermont, the company is a Public Benefit Corporation (PBC) subsidiary of Procter & Gamble. The company's products include herbal supplements, probiotics, superfood greens and mushrooms.
MaryRuth Ghiyam is an American health educator, writer, and founder of MaryRuth Organics.