Equilibrium and Butterfly-Led Consortium Invest in Pacifico Aquaculture to Fund Nursery Build-Out

Butterfly Equity Acquires ePac Flexible Packaging

January 16, 2026

Manufacturing

Butterfly Equity has completed its acquisition of ePac Holdings, the San Diego–headquartered digitally printed flexible packaging provider, from an investor consortium that included Amcor and Indevco North America; financial terms were not disclosed. The deal establishes ePac as Butterfly’s first platform investment in packaging and keeps incumbent management (including CEO and co‑founder Virag Patel) in place with a significant retained ownership stake as Butterfly backs ePac’s growth across its 14 North American facilities and its proprietary ePacONE technology.

Balance Point Capital Leads $55M Financing into Budderfly, Inc.

July 1, 2019

Energy

Balance Point Capital led a $55 million financing (senior debt and preferred equity) in Budderfly, Inc., bringing total capital raised to $77 million alongside Edison Partners, Connecticut Growth Capital, the State of Connecticut (DECD), Connecticut Innovations, founder Al Subbloie and senior management. The funding will support Budderfly’s growth in the Energy Efficiency-as-a-Service market, scaling its software, IoT-enabled controls and facility upgrades across nearly 1,000 contracted North American locations.

Butterfly Equity Acquires Bolthouse Farms from Campbell Soup Company for $510 million

June 17, 2019

Food & Beverage

Butterfly Equity, a Los Angeles-based private equity firm focused on the food sector, agreed to acquire Bolthouse Farms from Campbell Soup Company for $510 million in cash. Bolthouse Farms, founded in 1915 and headquartered in Bakersfield and Santa Monica, California, is a vertically integrated producer of fresh carrots, refrigerated premium beverages and refrigerated salad dressings with approximately 2,200 employees; Butterfly named Jeff Dunn as CEO following the transaction.

Butterfly Equity Acquires Majority Stake in Chosen Foods

September 7, 2021

Food & Beverage

Los Angeles-based private equity firm Butterfly Equity has agreed to acquire a majority stake in San Diego-based avocado-focused food brand Chosen Foods. The investment will support Chosen Foods' global growth and expansion of its avocado-based product portfolio; transaction terms were not disclosed.

Butterfly Acquires Majority Stake in Pete and Gerry's Organics

May 4, 2021

Food & Beverage

Los Angeles-based private equity firm Butterfly has acquired a majority stake in Pete and Gerry's Organics, the leading U.S. producer of organic, free-range and pasture-raised eggs. British Columbia Investment Management Corporation (BCI) joins as a new minority investor and Pete and Gerry's CEO Jesse Laflamme will retain an ownership stake and continue to lead the company.

FTV Capital Leads Growth Investment in ButterflyMX

January 14, 2025

Cloud & SaaS

ButterflyMX, a cloud-based property access and security platform, received a significant growth equity investment led by FTV Capital with participation from Lead Edge Capital and Fifth Wall. The funding will support geographic expansion, accelerate new product offerings, and reinforce ButterflyMX's position in the property access control market; existing investors JMI Equity and Volition Capital remain on the company's board.