Butterfly Equity agrees to acquire Sabert, a food packaging maker

Los Angeles-based Butterfly Equity, a private equity firm focused on food and beverage, has signed a definitive agreement to acquire Sabert Holding Corp. The financial terms were not disclosed. The deal is subject to customary closing conditions and is expected to close in the fourth quarter of 2026.

Sabert, founded in 1983, sells to foodservice distribution, supermarket and grocery, restaurant and QSR, and fresh protein and food processing customers. The company operates 13 manufacturing facilities globally, including nine in the U.S., and holds more than 400 product patents.

Founder and Executive Chairman Albert Salama will remain a meaningful minority investor after closing, a rollover that the parties say aligns the founder, management and investors as Sabert pursues its growth plans.