Butterfly Equity

The Duckhorn Portfolio is a premium wine producer with a diversified portfolio of winery brands, including Duckhorn Vineyards, Paraduxx, Goldeneye, Migration, Decoy, Canvasback, Calera, Kosta Browne, Greenwing and Postmark. It produces luxury and ultra-luxury wines sourced from renowned vineyards, prioritizing quality and consistency. The company markets its wines through wholesale channels to California retailers and restaurants, distribution networks across the United States, and export distributors, as well as direct-to-consumer sales. Its products include Cabernet Sauvignon, Merlot, Sauvignon Blanc, and other varieties from Napa Valley and other regions, and it emphasizes hospitality experiences such as refined tastings at its Estate House. The business focuses on building a premium brand portfolio with a mix of established and boutique labels.

Rise Baking Company, founded in 2013 and headquartered in Minneapolis, Minnesota, is a leading manufacturer and distributor of premium bakery products. The company specializes in a diverse range of offerings, including artisan breads, cookies, dessert bars, and flatbreads. Rise Baking Company emphasizes quality by using all-natural ingredients in its products, which are free from trans fats. Its baked goods are supplied to blue-chip customers across various channels, including in-store bakeries, food service establishments, and convenience stores throughout North America.

Founded in 2010 in Ensenada, Mexico, Pacifico Aquaculture specializes in sustainable ocean-raised aquaculture, producing premium striped bass. As the world's first and only producer of ocean-raised striped bass, Pacifico supplies well-known distributors, retailers, and restaurants across North America with its sustainably sourced fish.

Milk Specialties Group, based in Eden Prairie, Minnesota, specializes in developing and manufacturing dairy-based protein ingredients targeted at the sports nutrition and functional food sectors. Founded in 1953, the company produces a wide range of products, including whey protein isolates, concentrates, hydrolysates, and milk protein ingredients such as micellar casein. In addition to human nutrition, Milk Specialties also provides functional fats, proteins, and carbohydrates for livestock producers, offering various solutions like protein encapsulated fats and hydrolyzed ingredients. With manufacturing facilities located across several states, including California, Wisconsin, Minnesota, Nebraska, and Illinois, the company serves both domestic and international markets, focusing on high-quality, organic, and lactose-free products to meet the growing demands of health-conscious consumers.

Founded in 1995, Qdoba operates and franchises Mexican-inspired restaurants across North America. It offers customizable dishes with an emphasis on fresh ingredients like guacamole and queso, along with catering services and online ordering via its mobile app.

Chosen Foods LLC, founded in 2010 and based in San Diego, California, specializes in the manufacture and marketing of healthy cooking oils, condiments, and beverages. The company offers a diverse range of products focused on healthy fats and plant-based proteins, including avocado oil, various oil sprays, mayonnaises, dressings, and ancient grains such as quinoa. Committed to promoting true nourishment, Chosen Foods emphasizes the use of non-GMO ingredients and avoids artificial flavors and colors. Its mission centers on enhancing the accessibility of real food while supporting the health benefits of traditional superfoods. Additionally, Chosen Foods makes its products available through online retail, allowing customers to easily access its offerings aimed at replacing unhealthy fats with wholesome alternatives. As of 2017, Chosen Foods operates as a subsidiary of Sesajal, S.A. De C.V.

MaryRuth Organics is a manufacturer of organic supplement products focused on supporting health and wellness. The company offers a diverse range of items, including multivitamins, vitamins, minerals, probiotics, herbal and adaptogen supplements, as well as capsules, gummies, sprays, and drops. By providing a variety of nutritional products, MaryRuth Organics aims to help customers lead healthier lives.

Pete & Gerry's Organic Eggs is a family-owned business that has been producing organic, free-range, and pasture-raised eggs for four generations. The company is dedicated to providing high-quality, fresh eggs while ensuring the humane treatment of animals. By partnering with small family farms, Pete & Gerry's emphasizes environmental sustainability and the health of its hens. Their product line includes a variety of eggs—whole, egg whites, and hard-boiled—available in different sizes such as medium, large, extra-large, and jumbo. This commitment to quality and ethical farming practices positions Pete & Gerry's as a leader in the organic egg market.

Orgain, Inc. is a producer of nutritional and organic food and supplements, established in 2008 and headquartered in Irvine, California. The company specializes in a range of products designed to promote health and wellness, including protein powders (such as vegan and grass-fed whey), nutritional powders, and various protein shakes for both adults and children. Additionally, Orgain offers protein bars, nutritional bars, and meal replacements tailored for weight management and daily nutrition needs. Committed to using high-quality ingredients, Orgain emphasizes clean nutrition without artificial additives or preservatives. Its products are available through both retail and online channels, catering to a diverse customer base seeking convenient and nutritious options.

Bolthouse Farms, founded in 1915 in Grant, Michigan, is a vertically integrated agricultural company headquartered in Bakersfield, California, with operations in the San Joaquin Valley and facilities in Prosser, Washington. The company specializes in producing a range of refrigerated beverages, including six 100% fruit juices, two lemonades, six smoothies, and three protein drinks, many of which are popular with young consumers. It also operates a Bolthouse do Brasil division that manufactures three açaí berry juice products. Bolthouse Farms manages the entire supply chain from cultivation to distribution, ensuring product quality and consistency across its beverage portfolio.

Modern Restaurant Concepts is a national multi-concept restaurant platform focused on better-for-you concepts.

Founded in 2010 in Ensenada, Mexico, Pacifico Aquaculture specializes in sustainable ocean-raised aquaculture, producing premium striped bass. As the world's first and only producer of ocean-raised striped bass, Pacifico supplies well-known distributors, retailers, and restaurants across North America with its sustainably sourced fish.