Which sectors does Butterfly Equity invest in?

Of the 14 portfolio companies we can classify, the largest groups are Consumer (4) and Industrials (3).

How many portfolio companies does Butterfly Equity have?

PE Firm Index tracks 14 Butterfly Equity portfolio companies from the firm's public portfolio page, as of 2026-10-27. The firm's own count may differ, for example where exited companies are listed.

What deals has Butterfly Equity done recently?

The most recent deal on record here is: Butterfly acquired Sabert (2026-09-23). This page lists 1 deal, each with its public source.

Who leads Butterfly Equity?

Public sources name Adam Waglay (CEO, Co-Founder & Managing Partner), Vishal Patel (Partner, Investment Team) and Aaron Kirkbride (Partner, Investment Team) among Butterfly Equity's leadership.

Which firms are similar to Butterfly Equity?

By overlap in portfolio sectors in this index: Freeman Spogli & Co., CCMP Capital and Irving Place Capital (fka BSMB).

PE Firm · Capital Allocator

Butterfly Equity

Medium

Not on record · Website

Last verified

11/8/2026

Firm Overview

Portfolio tracked

Sectors

Regions

11/8/2026

Last verified

Los Angeles-based private equity firm focused on the food and beverage sector.

Leadership

Adam Waglay

CEO, Co-Founder & Managing Partner

Vishal Patel

Partner, Investment Team

Aaron Kirkbride

Partner, Investment Team

Derick Prelle

Partner & Chief Transformation Officer

Peter Tang

Partner & CFO

Joe Topley

Incoming Managing Director & Head of Capital Formation

Francesco D’Arcangelo

Managing Director, Investment Team

Eric Tommarello

Managing Director, Investment Team

Nicole O'Neil

Managing Director, Transformation Team

Jennifer Lesser

Head of Human Capital

Emily Parker

Executive Director, Foundation

Michael Chung

Director of Technology

Emma Cox

Director, Transformation Team

Melissa Peterson

Director, Office of Adam Waglay, CEO

Dr. Andrew Abraham

Operating Advisor

Bill Allen

Operating Advisor

Jeff Dunn

Operating Advisor

Robert Hanson

Operating Advisor

Wayne Sales

Operating Advisor

Meredith Sandland

Operating Advisor

Portfolio by sector

Consumer4 (57%)
Industrials3 (43%)

7 of 15 tracked portfolio companies of Butterfly Equity carry a sector label we can map; shares are of those 7. See the methodology.

Deals on record

1 on record in the index

Platform investment

Butterfly acquired Sabert

2026-09-23

Source: businesswire.com

Deals are listed only where a public source names both sides. Submit a correction.

Portfolio on record

Portfolio by sector

Consumer7 of 14
Unclassified5 of 14
Industrials2 of 14

14 portfolio companies on record in the index, grouped by sector hub.

Current and exited

Current: 14 of 14Exited: 0 of 14

Portfolio size among all firms

14 companies on record, more than 26% of the 405 firms in the index.

0885 companies (log scale)

Portfolio Companies

Company	Sector	Status	Website
Actus Nutrition	Nutrition Ingredients	Current	Visit ↗
Bolthouse Fresh Foods	Produce (Carrots)	Current	Visit ↗
Chosen Foods	Food & Beverage (Avocado Products)	Current	Visit ↗
Custom Flavors	Food & Beverage (Flavor Manufacturer)	Current	Visit ↗
ePac Flexible Packaging	Packaging	Current	Visit ↗
Generous Brands	Beverage (Juice, Kombucha)	Current	Visit ↗
MaryRuth Organics	Vitamins, Minerals, and Supplements	Current	Visit ↗
Orgain	Organic Nutrition	Current	Visit ↗
Pacifico Aquaculture	Sustainable Aquaculture	Current	Visit ↗
Pete & Gerry's Organics	Egg Producer	Current	Visit ↗
QDOBA	Fast-casual Restaurant	Current	Visit ↗
Rise Baking Company	Bakery Co-manufacturer	Current	Visit ↗
Target Flavors	Not on record	Current	Not on record
The Duckhorn Portfolio	Wine & Spirits	Current	Visit ↗

Source: https://www.bfly.com/investments

Firms that also back Butterfly Equity's companies

Co-investor web

Line width shows shared portfolio companies on record in the index. Top 2 co-investors shown.

Graham Partners1 shared company
Target Flavors
Platinum Equity1 shared company
Rise Baking Company

Questions about Butterfly Equity

Which sectors does Butterfly Equity invest in?: Of the 14 portfolio companies we can classify, the largest groups are Consumer (4) and Industrials (3).
How many portfolio companies does Butterfly Equity have?: PE Firm Index tracks 14 Butterfly Equity portfolio companies from the firm's public portfolio page, as of 2026-10-27. The firm's own count may differ, for example where exited companies are listed.
What deals has Butterfly Equity done recently?: The most recent deal on record here is: Butterfly acquired Sabert (2026-09-23). This page lists 1 deal, each with its public source.
Who leads Butterfly Equity?: Public sources name Adam Waglay (CEO, Co-Founder & Managing Partner), Vishal Patel (Partner, Investment Team) and Aaron Kirkbride (Partner, Investment Team) among Butterfly Equity's leadership.
Which firms are similar to Butterfly Equity?: By overlap in portfolio sectors in this index: Freeman Spogli & Co., CCMP Capital and Irving Place Capital (fka BSMB).

Sources for this profile, updated 2026-10-27

Firm website
Public portfolio page
Deal reports (1), linked beside each deal

This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Butterfly Equity and does not provide investment advice.

Firms similar to Butterfly Equity

Freeman Spogli & Co.

Both hold Consumer and Industrials companies; 73 tracked portfolio companies.

CCMP Capital

Both hold Consumer and Industrials companies; 51 tracked portfolio companies.

Irving Place Capital (fka BSMB)

Both hold Consumer and Industrials companies; 52 tracked portfolio companies.

Morgan Stanley Capital Partners

Both hold Consumer and Industrials companies; 44 tracked portfolio companies.

Chosen from this index by overlap in portfolio sectors, then by portfolio size. Not a ranking or a recommendation.

Firm Intelligence

Portfolio tracked14
SectorsNot on record
RegionsNot on record
AUMNot on record

Is this your firm?

Claiming is free and reviewed by hand. Correct facts and add your portfolio or team.

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