Bain Capital /
Gong cha
Bain Capital to buy Gong cha from TA Associates
- Terms
- Undisclosed
- Stage
- Agreement signed
- Seller
- TA Associates


Sponsor to sponsorTA Associates to Bain Capital.
Both the buy side and the sell side of this deal include an investment firm.
What happened
Bain Capital has agreed to acquire Gong cha Global, one of the world's fastest-growing tea brands, from TA Associates and the company's other shareholders. Terms were not disclosed.
Gong cha operates nearly 2,200 stores across 33 markets on a capital-light franchise model and serves more than 150 million beverages a year.
Who bought Gong cha?
Bain Capital agreed to acquire Gong cha from TA Associates (Agreement signed, published 6 Aug 2026).
The source
Timeline
Published by the source
The same firms, in other posted deals
- Bain Capital · buyer · Bain Capital / VitabioticsBefore this deal
- Bain Capital · buyer · Bain Capital / SOLitude Lake ManagementAfter this deal
- Bain Capital · buyer · Bain Capital / KahuaAfter this deal
- TA Associates · seller · Hexagon / RocscienceAfter this deal
- TA Associates · buyer · TA Associates / MedEnvisionAfter this deal
Deal Web
Every firm and person on this deal, and how they connect. Open any name to see their other deals.
Agreement signed · Bain Capital agreed to acquire Gong cha from TA Associates (Agreement signed, published 6 Aug 2026).
Published 6 Aug 2026- Published by the source
Deal Web as a list
- Bain Capital (Buyer) agreed to acquire this deal. Bain Capital: 4 deals on Carrywatch.
- Gong cha (Target) target this deal. Gong cha: 1 deal on Carrywatch.
- TA Associates (Seller) selling this deal. TA Associates: 3 deals on Carrywatch.
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