Adam Waglay Overview

  • Primary Position
  • Co-Founder & Co-...

  • Primary Industry
  • B2C

  • Active Board Seats
  • 3

  • Med. Deal Size

  • Med. Valuation

Adam Waglay General Information

Biography

Mr. Adam Waglay is a Co-Founder and serves as Co-Chief Executive Officer of Butterfly Equity. Mr. Waglay has approximately 20 years of investing and operating experience with a primary focus on the food sector and is responsible for deal origination, transaction execution, portfolio management, and overall leadership of Butterfly. To date, Mr. Waglay has been involved in transactions totaling over $5 billion of invested capital(1). Mr. Waglay currently serves on the board of directors of Orgain, Bolthouse Farms, Pacifico Aquaculture, Modern Restaurant Concepts, The Kitchen, and the Butterfly Equity Foundation. Before founding Butterfly, Mr. Waglay was a senior member of KKR's Consumer Retail Private Equity team, where he worked from 2007 to 2016 with a primary focus on the food sector. While at KKR, Mr. Waglay was actively involved in several completed transactions including, among others, Dollar General, National Vision, Academy Sports + Outdoors, and Lemonade. Before joining KKR in 2007, Mr. Waglay worked at Goldman Sachs & Co. where he was part of the Consumer Retail Investment Banking team with a primary focus on the food sector and worked on several transactions including, among others, the sales of Bolthouse Farms to Madison Dearborn Partners, Naked Juice Company to PepsiCo and Smart & Final to Apollo Global Management. Mr. Waglay graduated from McGill University with a Bachelor of Commerce. He also served as a Board Member at Modern Market.

Contact Information

Primary Position
Co-Founder & Co-Chief Executive Officer, Butterfly Equity
Education
McGill University, B.Comm (Bachelor of Commerce)
Gender
Male
Email
ad
Phone
+1 (310)
Address
  • 9595 Wilshire Boulevard
  • Suite 510
  • Beverly Hills, CA 90212
  • United States
+1 (310)

Adam Waglay Positions (1)

Firm name Firm type Title Location Industry Since
Butterfly Equity Investor Co-Founder & Co-Chief Executive Officer Beverly Hills, CA PE/Buyout

Adam Waglay Board Seats (3)

Company Industry Ownership Status Financing Status Location Since
Bolthouse Farms Cultivation Privately Held (backing) Private Equity-Backed Bakersfield, CA
Orgain Other Consumer Non-Durables Acquired/Merged (Operating Subsidiary) Private Equity-Backed Irvine, CA
Pacifico Aquaculture Aquaculture Privately Held (backing) Private Equity-Backed Baja California, Mexico

Adam Waglay Lead Partner on Deals (12)

Adam Waglay has been the lead partner on 12 deals. Their latest deal was with Rise Baking Company, a food products company. The deal was made on 04-Nov-2024.

Company Deal Date Deal Type Deal Size Deal Status Industry Location
Rise Baking Company 04-Nov-2024 Buyout/LBO Completed Food Products Minneapolis, MN
The Duckhorn Portfolio 07-Oct-2024 Announced/In Progress Beverages Saint Helena, CA
Actus Nutrition 06-Feb-2023 Completed Food Products Eden Prairie, MN
Qdoba Restaurant 03-Oct-2022 Completed Restaurants and Bars San Diego, CA
Evolution Fresh 01-Aug-2022 Completed Beverages Rancho Cucamonga, CA
MaryRuth Organics 10-Nov-2021 Completed Food Products Los Angeles, CA
Rock Hill Foods 01-Sep-2021 Completed Animal Husbandry Gainesville, GA
Pete & Gerry's 04-May-2021 Completed Animal Husbandry Monroe, NH
Rousseau Farming Company (Carrot Operations) 14-May-2020 Buyout/LBO Completed Food Products Bakersfield, CA
Bolthouse Farms 17-Jun-2019 Buyout/LBO Completed Cultivation Bakersfield, CA

Adam Waglay Network (112)

Board Members (11)

Name Company Representing Location From
Winfred Stewart Modern Market Modern Market Denver, CO
Benjamin Chereskin Bolthouse Farms Madison Dearborn Partners Bakersfield, CA
Bolthouse Farms Bolthouse Farms Bakersfield, CA
Pacifico Aquaculture Butterfly Equity Baja California, Mexico
Orgain Butterfly Equity Irvine, CA

Portfolio Executives (100)

Name Company Role Deal date Location
Brian Zellmer Rise Baking Company Chief Executive Officer 04-Nov-2024 Minneapolis, MN
Michael Docherty Rise Baking Company Senior Vice President of Marketing, Strategy & Project Management Office 04-Nov-2024 Minneapolis, MN
Rise Baking Company Chief Operating Officer 04-Nov-2024 Minneapolis, MN
Rise Baking Company Chief Executive Officer 04-Nov-2024 Minneapolis, MN
Rise Baking Company Strategic Advisor 04-Nov-2024 Minneapolis, MN

Fund Team Members (1)

Name Investor Fund Fund Location
Butterfly Equity Beverly Hills, CA

Adam Waglay Affiliated Funds (1)

Fund Investor Fund Type Status Vintage Size Dry Powder IRR IRR Quartile
Butterfly Fund II Butterfly Equity Buyout Closed 2017

Adam Waglay FAQs

  • Who is Adam Waglay?

    Mr. Adam Waglay is a Co-Founder and serves as Co-Chief Executive Officer of Butterfly Equity.

  • How much does Adam Waglay typically invest?

    Adam Waglay's median deal size is .

  • What is Adam Waglay’s main position?

    Adam Waglay’s primary position is Co-Founder & Co-Chief Executive Officer.

  • What are the contact details for Adam Waglay?

    Adam Waglay’s email address is ad and his phone number is +1 (310) .

  • How many active board seats does Adam Waglay hold?

    Adam Waglay holds 3 board seats including Bolthouse Farms, Orgain, and Pacifico Aquaculture.

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