Butterfly Equity

Last updated
Butterfly Equity
Founded2016
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.com

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]

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References

  1. Biscotti, Louis. "All Aboard The Brand Carousel: Food Companies Are Spinning Off Brands At An Accelerating Pace". Forbes. Retrieved 2023-03-19.
  2. Stern, Gary. "Farm-To-Table Modern Market Got Acquired And Then Merged, But It's Still Growing". Forbes. Retrieved 2023-03-19.
  3. "Butterfly Buys Bolthouse Farms From Campbell's for $510M". Los Angeles Business Journal. 2019-04-12. Retrieved 2023-03-19.
  4. "Butterfly To Acquire QDOBA and Form Leading Fast Casual Restaurant Platform Through Merger with Modern Restaurant Concepts". www.businesswire.com. 2022-08-09. Retrieved 2023-03-19.
  5. Fox, MeiMei. "MaryRuth's Bootstrapped Liposomal Vitamins And Supplements To $100 Million In Just 7 Years". Forbes. Retrieved 2023-03-19.
  6. "Qdoba Seeks to Double Its Store Count Under Ex-Applebee's CEO". Bloomberg.com. 2023-01-12. Retrieved 2023-03-19.
  7. "Butterfly Invests in MaryRuth Organics, a Premium Health Supplement Brand". financialpost. Retrieved 2023-06-12.