• Bain Capital agreed to acquire bubble tea chain Gong cha from TA Associates.
• Transaction expected to close in Q4 2026, subject to customary closing conditions.
• Financial terms were not disclosed.
• Gong cha operates nearly 2,200 stores across 33 markets, selling more than 150 million beverages a year.
• Under TA’s ownership since 2019, the group expanded globally, completed M&A, rolled out its Digital Kitchen format to 250 stores.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TA Associates Management LP published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.