Butterfly Equity Acquires Napa Valley Winemaker Duckhorn in a $1.95 Billion Deal

In a notable development in the wine industry, Butterfly Equity, a Los Angeles-based private equity firm, has reached an agreement to acquire The Duckhorn Portfolio Inc., a renowned winemaker hailing from California's iconic Napa Valley, in a transaction valued at approximately $1.95 billion. The acquisition underscores the rising interest and investment in premium wine brands.

Continue reading