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Tag Archive: Butterfly

Duckhorn CEO Robert Hanson On Optimizing Portfolio Investment

Last night, SND reported that The Duckhorn Portfolio will reallocate investment away from lower priority brands and tasting rooms in order to focus in on its core four labels of Duckhorn Vineyards, Kosta Browne, Decoy, and Sonoma-Cutrer, along with Goldeneye, Calera, and Greenwing, which combine for 96% of its net sales. Continue reading →

Posted in News on May 7, 2025

Interview, Part 2: Adam Waglay Of Butterfly and Robert Hanson, Incoming Duckhorn CEO

In the second part of our interview, Adam Waglay, co-CEO of private equity firm Butterfly, and Robert Hanson, incoming CEO of Butterfly-owned Duckhorn, discuss organic growth opportunities across the portfolio, the DTC market, as well as M&A ambitions moving forward. Continue reading →

Posted in News on January 8, 2025

Exclusive: Robert Hanson Named CEO At Duckhorn

Last month, Los Angeles-based private equity firm Butterfly completed its $1.95 billion acquisition of luxury California wine player Duckhorn. Continue reading →

Posted in News on January 7, 2025

Butterfly Completes $2 Billion Deal For Duckhorn

Los Angeles-based private equity group Butterfly has completed its acquisition of California luxury wine player Duckhorn for $11.10 per share, in an all-cash transaction valued at approximately $1.95 billion. Continue reading →

Posted in News on December 24, 2024