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, 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.

Pacifico Aquaculture S.A.P.I.De C.V., founded in 2010 and based in Ensenada, Baja California, Mexico, specializes in sustainable, ocean-raised aquaculture, making it the world's first and only producer of ocean-raised striped bass. The company provides a range of services including breeding for broodstock, hatchery operation, rearing, and harvesting. Its premium striped bass is marketed through established distributors, food retailers, and restaurants throughout North America. With a commitment to sustainability, Pacifico Aquaculture aims to meet the growing demand for responsibly sourced seafood.

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.

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 promoting health and wellness. The company offers a diverse range of items, including multivitamins, vitamins, minerals, probiotics, herbal and adaptogen supplements, capsules, gummies, and various liquid forms such as sprays and drops. By providing these nutritional products, MaryRuth Organics aims to support customers in leading 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, established in 1915 in Grant, Michigan, is a vertically integrated agricultural company based 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. In addition to its carrot products, Bolthouse Farms also produces a variety of refrigerated beverages, catering particularly to families and young children. Their beverage lineup includes six types of 100% juices, two lemonades, six smoothies, and three protein drinks. The company also operates a division in Brazil that focuses on the production of açaí berry juices. Bolthouse Farms is committed to providing 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.

Pacifico Aquaculture S.A.P.I.De C.V., founded in 2010 and based in Ensenada, Baja California, Mexico, specializes in sustainable, ocean-raised aquaculture, making it the world's first and only producer of ocean-raised striped bass. The company provides a range of services including breeding for broodstock, hatchery operation, rearing, and harvesting. Its premium striped bass is marketed through established distributors, food retailers, and restaurants throughout North America. With a commitment to sustainability, Pacifico Aquaculture aims to meet the growing demand for responsibly sourced seafood.