Agreement signedPublished 6 Aug 2026

Bain Capital /
Gong cha

Bain Capital to buy Gong cha from TA Associates

Terms
Undisclosed
Stage
Agreement signed
Seller
TA Associates
Source · 6 Aug 2026
01 / BuyerBain Capital
02 / SellerTA Associates
03 / TargetGong cha

Sponsor to sponsorTA Associates to Bain Capital.

Both the buy side and the sell side of this deal include an investment firm.

01

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).

02

The source

01
Source

Bain Capital to buy Gong cha from TA Associates

Original filingUnlock with Pro
03

Timeline

  1. Published by the source

The same firms, in other posted deals

  1. Bain Capital · buyer · Bain Capital / VitabioticsBefore this deal
  2. Bain Capital · buyer · Bain Capital / SOLitude Lake ManagementAfter this deal
  3. Bain Capital · buyer · Bain Capital / KahuaAfter this deal
  4. TA Associates · seller · Hexagon / RocscienceAfter this deal
  5. TA Associates · buyer · TA Associates / MedEnvisionAfter this deal
04

Deal Web

Every firm and person on this deal, and how they connect. Open any name to see their other deals.

Deal Web · 3 firms · 0 peopleHover a name to see how it connects
This dealBain Capital / Gong chaAgreement signed · Published 6 Aug 2026
BuyerBain CapitalTargetGong chaSellerTA Associates
This dealBain Capital / Gong cha

Agreement signed · Bain Capital agreed to acquire Gong cha from TA Associates (Agreement signed, published 6 Aug 2026).

Published 6 Aug 2026
Timeline
  1. Published by the source
Hover or tap a name to see how it connects, and when
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.