Acquisition History / Bain Capital / Gong Cha

Bain Capital Acquires Gong Cha

Announced August 5, 2026 — $635M

Bain CapitalBubble tea chain2026

What happened

Gong Cha is a Taiwan-originated bubble tea chain with stores across Asia, the Americas and Europe. Nikkei reported that Bain Capital agreed to buy the shares from TA Associates and other holders for more than US$635M.

Acquirer
Bain Capital
Target
Gong Cha
Announced
August 5, 2026
Price
$635M
Industry
Bubble tea chain
Buyer type
Private equity
Backing investors
Bain Capital
Status
Announced, not yet closed

By the numbers

Bain Capital's acquisition history
6th of 6 tracked deals
Disclosed prices
6 of 6 Bain Capital deals
Bain Capital's average disclosed price
$1.79B
Bain Capital's largest disclosed deal
York Holdings Co., Ltd. ($5.46B)
Tracked acquisitions in 2026
397 across all acquirers
Bain Capital in Bubble tea chain
1 acquisition

Frequently Asked Questions About This Acquisition

When did Bain Capital acquire Gong Cha?

Bain Capital acquired Gong Cha on August 5, 2026. This was Bain Capital's 6th publicly tracked acquisition out of 6 we have on record.

How much did Bain Capital pay for Gong Cha?

Bain Capital paid $635M for Gong Cha.

What does Gong Cha do?

Gong Cha is a Taiwan-originated bubble tea chain with stores across Asia, the Americas and Europe. Nikkei reported that Bain Capital agreed to buy the shares from TA Associates and other holders for more than US$635M.

What other Bubble tea chain companies has Bain Capital acquired?

Gong Cha is Bain Capital's only publicly tracked acquisition in Bubble tea chain so far.

Read the full article →

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