Kirkland & Ellis advised private equity firm Butterfly on the sale of a majority of its stake in vitamins, minerals and supplements brand MaryRuth Organics, LLC. The transaction was announced August 15, 2024. Since acquiring a stake in MaryRuth’s in August 2021, Butterfly has helped the Company nearly triple in size and quadruple its profitability. Under the new capital structure, MaryRuth Ghiyam and her family will retain a significant majority ownership of the business. To support MaryRuth’s growth and as part of the transaction, global alternative investment firm King Street will provide financing to the company. Butterfly will remain an active investor in the business and retain representation on the Board of Directors.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
