Los Angeles–based private equity firm Butterfly has sold most of its stake in supplements brand MaryRuth Organics back to founder MaryRuth Ghiyam and her family.WHO: MaryRuth Ghiyam, a certified health educator and nutritional consultant, founded MaryRuth Organics in 2016 with her mother, Colleen. The vitamins, minerals, and supplements brand offers high-quality, organic, and vegan nutritional supplements to benefit the entire family, from infants to adults. MaryRuth’s has a large portfolio of liquid, gummy, and chewable products spanning multiple categories, including multivitamins, probiotics, herbal and adaptogen supplements, and more. Butterfly is a Los Angeles, California–based private equity firm specializing in the food sector, spanning the entire food value chain from “seed to fork” via four key segments: upstream & processing, B2B service providers, multisite and branded goods. Butterfly manages over $4 billion of assets to date and aims to generate attractive investment returns through deep industry specialization, a disciplined and data-driven investment process, and a hands-on approach to portfolio transformation.King Street is a global alternative investment firm founded in 1995 that manages more than $26 billion in assets across public and private markets. The firm marries rigorous fundamental research with tactical trading and differentiated sourcing capabilities to identify misunderstood and complex investment opportunities across asset classes, up and down the capital structure. WHY: The company will continue to execute its aggressive expansion plan both online and in retail stores.