Butterfly’s Acquisition of a Majority Stake in Orgain

Kirkland & Ellis advised Butterfly Equity in the transaction. The Giannuzzi Group, LLP acted as legal advisors to Orgain.

Butterfly Equity entered into an agreement to acquire a majority stake in Orgain, Inc. Financial terms of the transaction were not disclosed.

Butterfly is a Los Angeles-based private equity firm specializing in the food sector.

Based in Irvine, CA, Orgain is a leading producer of high-quality, great-tasting, organic and clean nutrition products.

Orgain represents Butterfly’s fifth investment within its “seed to fork” approach to investing in food across agriculture, aquaculture, food and beverage products, food distribution and foodservice.

The partnership will enable Orgain to scale its purpose-driven brand and expand its reach and positive impact. In particular, it will allow for an increased focus to be placed on expanding consumer awareness, product innovation and global distribution.

Piper Jaffray acted as financial advisor to Orgain.

The Kirkland team was led by transactional partners Ravi Agarwal (Picture) and Sean Rodgers and associates Brooke Coghlan, Michael Ruderman and Matthew Stylianou; debt finance partner Melissa Hutson and associate Ben Steadman; investment funds partners Andrew Wright, David Sherman and Lina Zhou; tax partner Benjamin Schreiner; and executive compensation partner Scott Price and associate Jake Ebers.

Involved fees earner: Ravi Agarwal – Kirkland & Ellis; Brooke Louise Coghlan – Kirkland & Ellis; Jake Ebers – Kirkland & Ellis; Melissa Hutson – Kirkland & Ellis; Scott Price – Kirkland & Ellis; Sean Rodgers – Kirkland & Ellis; Michael Ruderman – Kirkland & Ellis; Benjamin Schreiner – Kirkland & Ellis; David Sherman – Kirkland & Ellis; Ben Steadman – Kirkland & Ellis; Matthew Stylianou – Kirkland & Ellis; Andrew Wright – Kirkland & Ellis; Lina Zhou – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Butterfly Equity LLC;

Author: Ambrogio Visconti