Who owns CANVASBACK WINE?

CANVASBACK WINE is owned by

BUTTERFLY EQUITY

CANVASBACK WINE
First Brewed

2011

Origin

Washington, United States

Website

Canvasback Wine was introduced by Duckhorn Winery in Walla Walla, Washington in 2011. At the time, a controlling interest in the Duckhorn company was owned by private equity firm GI Partners. They sold it in 2016 to TSG Consumer Partners, reportedly for $600 million. In 2021, they took the company public at $15 a share. In 2024, private equity group Butterfly Equity took the company private for $1.95 billion.

BUTTERFLY EQUITY

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