Butterfly Equity LP is an American private equity company based in Beverly Hills, California co-founded by Dustin Beck. Butterfly specializes in food investments, and is the owner of Qdoba, Bolthouse Farms, and Chosen Foods.
Investments In 2021, Butterfly invested in MaryRuth Ghiyam's MaryRuth Organics, LLC, a health and wellness brand operating in the premium vitamins, minerals, and supplements.
Generous Brands, a portfolio company of Butterfly, acquired Health-Ade kombucha in 2025. Butterfly reportedly acquired the kombucha brand for $500 million from fellow private-equity investors First Bev and Manna Tree Partners.
References