New East Coast Office Enhances Investment Capabilities and Operations and Supports Continued Expansion

Butterfly Equity, a leading food ecosystem investor in North America, today announced that it has expanded its presence to New York City. Located in Midtown Manhattan, this East Coast office complements Butterfly's Los Angeles headquarters and broadens the firm's presence in the nation's leading financial center and a key hub for the food industry.

"Opening a New York office reflects an exciting period of growth across the firm and marks an important milestone for Butterfly," said Adam Waglay, CEO, Co-Founder and Managing Partner at Butterfly. “Expanding our presence from Los Angeles to New York allows us to deepen relationships with investors, management teams and strategic partners on both coasts while advancing our long-term strategy of building category-leading businesses across the food ecosystem."

The New York office will be home to members of Butterfly's investment, operations and investor relations teams, serving as the firm's East Coast hub for investment activity and portfolio support.

About Butterfly
Butterfly is a private equity firm specializing exclusively in the $28 trillion food sector. Since its founding in 2016, the firm has invested in a diverse portfolio of category-leading businesses representing approximately $9 billion in enterprise value including ePac Flexible Packaging, The Duckhorn Portfolio, Rise Baking Company, Actus Nutrition, Chosen Foods, Pete and Gerry’s, Mary Ruth Organics, Orgain, Generous Brands (a portfolio consisting of Health-Ade, Evolution Fresh, and Bolthouse Farms), Bolthouse Fresh Foods and QDOBA, among others. Butterfly is headquartered in Los Angeles with an additional office in New York City. For more information, please visit https://www.bfly.com/.

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