Butterfly Completes $1.95B Acquisition of The Duckhorn Portfolio, Brings Company Private

By Lynda Kiernan-Stone Los Angeles-based food and beverage private equity investor Butterfly Equity announced the completion of its acquisition of The Duckhorn Portfolio, a premier, North American luxury wine company, for $1.95 billion cash. “We are thrilled to welcome The Duckhorn Portfolio and its talented team to the Butterfly family,” said Adam Waglay, co-founder and […]
Expansion Strategy in Action: FarmTogether Acquires Two Oregon Vineyards for $5.9M

By Lynda Kiernan-Stone In August 2024, farmland investment platform FarmTogether announced that Managing Director of Capital Formation, David Gould, would be assuming the role of CEO with the goal of pursuing strategic growth for its investor base, product offerings, and assets. “Taking on the role of CEO at FarmTogether is both an honor and opportunity,” […]