# Adam Waglay

> Adam Waglay is CEO, Co-Founder and Managing Partner of Butterfly Equity, a Beverly Hills-based private equity firm focused on the food sector. His career spans Goldman Sachs, KKR and investments across food brands, production, ingredients and packaging.

- **Role:** CEO, Co-Founder & Managing Partner at Butterfly Equity
- **Organizations:** Butterfly Equity, Butterfly Equity Foundation, KKR, Goldman Sachs, The Duckhorn Portfolio, Rise Baking Company, Custom Flavors, Actus Nutrition, Pete and Gerry’s Organics, Bolthouse Fresh Foods
- **Nationality:** American
- **Education:** Bachelor of Commerce, McGill University
- **Known for:** Involved in transactions totaling over $8 billion of invested capital, according to Butterfly’s biography., Named to the Los Angeles Business Journal’s LA500 in 2026., Chairman of Butterfly’s investment committee.

## Career timeline

- **Before 2007** — Worked in consumer and retail investment banking at Goldman Sachs.
- **2007-2016** — Worked on KKR’s Consumer Retail Private Equity team.
- **2016** — Co-founded Butterfly Equity with Dustin Beck.
- **2019** — Butterfly acquired Bolthouse Farms for $510 million.
- **2024** — Butterfly separated Bolthouse Farms and completed its acquisition of Duckhorn.
- **2026** — Butterfly’s current team page lists Waglay as CEO, Co-Founder and Managing Partner.

## Achievements

- Involved in transactions totaling over $8 billion of invested capital, according to Butterfly’s biography.
- Named to the Los Angeles Business Journal’s LA500 in 2026.
- Chairman of Butterfly’s investment committee.

## Latest updates

- **2026-09** — Butterfly announced an agreement to acquire Sabert; closing was expected in Q4 2026 and remained subject to conditions.
- **2026-09** — Participated in a consumer-investing panel at SuperReturn West in Los Angeles, according to Butterfly’s conference post.
- **2026-07** — Custom Flavors announced a partnership with Butterfly and Graham Partners.
- **2026-07** — Butterfly opened an office in Midtown Manhattan.
- **2026-07** — Appeared on Behind the Buyouts to discuss Butterfly’s food investment platform.
- **2026-05** — Appeared on Bloomberg’s Wall Street Week discussing the beverage industry.

## Links

- Website: https://www.bfly.com/team/adam-waglay/
- LinkedIn: https://www.linkedin.com/in/adam-waglay

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Profile page: https://yespress.io/adam-waglay
Published by YesPress — https://yespress.io
Last updated: 2026-10-09