M&A Deal Summary

Butterfly Equity Acquires Duckhorn Portfolio

On December 24, 2024, private equity firm Butterfly Equity acquired beverage company Duckhorn Portfolio for 2.0B USD

Acquisition Highlights
  • This is Butterfly Equity’s 2nd transaction in the Beverages sector.
  • This is Butterfly Equity’s largest (disclosed) transaction.
  • This is Butterfly Equity’s 9th transaction in the United States.
  • This is Butterfly Equity’s 5th transaction in California.

M&A Deal Summary

Date 2024-12-24
Target Duckhorn Portfolio
Sector Beverages
Buyer(s) Butterfly Equity
Deal Type Going Private
Deal Value 2.0B USD

Target

Duckhorn Portfolio

Saint Helena, California, United States
Duckhorn Portfolio produces and sells wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Kosta Browne, Goldeneye, Paraduxx, Calera, Migration, Canvasback, Greenwing, and Postmark. Duckhorn Portfolio sells its products directly to California retailers and restaurants, distributors and agents in other states throughout the United States, and to export distributors that sell internationally. Duckhorn Portfolio was founded in 1976 and is based in Saint Helena, California.

Search 205,333 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Butterfly Equity

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2016
PE ASSETS 4.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Butterfly Equity is a private equity firm focused on the food sector. The Firm will consider opportunities spanning the entire food chain include agriculture, aquaculture, food, beverages, food distribution, and food service. Butterfly Equity was formed in 2016 and is headquartered in Beverly Hills, California.


DEAL STATS #
Overall 10 of 10
Sector (Beverages) 2 of 2
Type (Going Private) 1 of 1
State (California) 5 of 5
Country (United States) 9 of 9
Year (2024) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-17 Rise Baking

Minneapolis, Minnesota, United States

Rise Baking is a manufacturer of premium cookies, dessert bars, artisan breads, and flatbreads. Rise Baking was founded in 2013 and is based in Minneapolis, Minnesota.

Buy -