Butterfly Equity

The Duckhorn Portfolio is a prominent wine producer based in Napa Valley, renowned for its luxury and ultra-luxury wines. The company encompasses several esteemed winery brands, including Duckhorn Vineyards, Paraduxx, Goldeneye, Migration, Decoy, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It specializes in a variety of wines, particularly Cabernet Sauvignon, Merlot, and Sauvignon Blanc, focusing on quality and consistency by sourcing grapes from distinguished vineyards. The Duckhorn Portfolio generates revenue through both wholesale and direct-to-consumer channels, supplying California retailers, restaurants, and international distributors. Additionally, the company offers wine tasting experiences, showcasing the region's hospitality and enhancing customer engagement.

Rise Baking Company, founded in 2013 and headquartered in Minneapolis, Minnesota, specializes in the production and retail of a diverse range of bakery products, including premium cookies, dessert bars, artisan breads, and flatbreads. The company serves a wide array of blue-chip customers across various channels, including in-store bakeries, food service, and convenience markets in North America. Rise Baking is committed to quality, offering freshly-baked bread and rolls made from all-natural ingredients, ensuring that their products contain no trans fats. As a manufacturer and distributor, Rise Baking plays a significant role in the grocery retail and restaurant markets, providing pre-packaged and pre-labeled bakery items.

Founded in 2010 and based in Ensenada, Baja California, Mexico, Pacifico Aquaculture is a leader in sustainable, ocean-raised aquaculture that produces premium ocean-raised striped bass. The Company is the world's first and only producer of ocean-raised striped bass. Pacifico's striped bass are sold through well-known distributors, food retailers and restaurants across North America.

Milk Specialties Global is comprised of three business units that share a singular focus: to create specialty proteins designed to optimize health and nutrition. But what really sets us apart is the passion and dedication of our people. Each day, we collectively explore new, innovative ways to enhance product performance and value. Milk Specialties Global Human Nutrition is a customized protein ingredient provider serving the rapidly growing Sports Nutrition and Weight Loss segment of the food and beverage industry. From their state-of-the-art manufacturing facility in Mountain Lake, Minnesota with management offices in nearby Eden Prairie, the group offers a broad portfolio of value-added whey protein isolates, hydrolysates and concentrates. With all the speed and flexibility it takes to meet their customers’ critical deadlines.

Qdoba Restaurant Corporation is a chain of Mexican-inspired restaurants that operates and franchises locations primarily in the United States, Canada, Africa, and Asia. Founded in 1995 and headquartered in San Diego, California, the company offers a diverse menu featuring contemporary flavors, allowing customers to enjoy tasty and healthy food in a unique setting. In addition to its restaurant operations, Qdoba provides catering services and has developed a mobile application for online food ordering. The company is a subsidiary of Apollo Global Management, Inc.

Chosen Foods LLC, established in 2010 and based in San Diego, California, specializes in manufacturing and marketing a diverse range of packed food, oils, and beverages. The company is renowned for its avocado oil products, including cooking oils, oil sprays, and mayonnaise, as well as other items such as grains, condiments, and ancient superfoods. Chosen Foods emphasizes health and wellness by focusing on healthy fats and plant-based proteins, while also committing to the use of non-GMO ingredients and avoiding artificial flavors and colors. The company's mission is to promote true nourishment through accessible real food options. In 2017, Chosen Foods became a subsidiary of Sesajal, S.A. De C.V., further enhancing its distribution capabilities. The products are marketed under the Chosen Foods brand and are available through various online retail channels.

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, founded in 2008 and headquartered in Irvine, California. The company specializes in a range of products including protein powders, vegan options, collagen powders, and keto protein powders. Additionally, Orgain offers various drinks such as protein shakes, nutritional shakes, and almond milk, as well as protein bars and kids' bars. The company focuses on providing clean and high-quality nutrition, ensuring that its products are soy-free, gluten-free, non-GMO, and free from artificial colors, flavors, and preservatives. Orgain distributes its products through both retail and online channels, aiming to support healthy lifestyles for its consumers.

Bolthouse Farms, established in 1915 in Grant, Michigan, is a vertically integrated agricultural company headquartered in Bakersfield, California, with additional facilities in Prosser, Washington. The company specializes in the production of fresh and processed carrots, offering a range of products including organic carrots, frozen carrots, carrot juice concentrate, and carrot fiber. Bolthouse Farms is also known for its diverse lineup of refrigerated beverages, which includes six varieties of 100% juices, two lemonades, six smoothies, and three protein drinks, catering to a wide audience, including toddlers. Additionally, the company has a dedicated section for Bolthouse do Brasil, focused on producing açaí berry juices. Through its operations, Bolthouse Farms aims to provide fresh produce directly from the farm to retailers across North America.

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

Founded in 2010 and based in Ensenada, Baja California, Mexico, Pacifico Aquaculture is a leader in sustainable, ocean-raised aquaculture that produces premium ocean-raised striped bass. The Company is the world's first and only producer of ocean-raised striped bass. Pacifico's striped bass are sold through well-known distributors, food retailers and restaurants across North America.