Butterfly completes $1.95 billion acquisition of the duckhorn portfolio

Los angeles & st. helena, calif.--(business wire)--butterfly equity (“butterfly”), a los angeles-based private equity firm specializing in the food and beverage sector, and the duckhorn portfolio, inc. (“the duckhorn portfolio,” “duckhorn” or the “company”) today announced the completion of butterfly's acquisition of duckhorn, north america's premier luxury wine company, for $11.10 per share, in an all-cash transaction valued at approximately $1.95 billion. “we are thrilled to welcome the duckh.
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