Bain Capital to acquire Gong cha Global
The global franchise tea brand operates nearly 2,200 stores across 33 markets and serves more than 150 million beverages annually through a capital-light model.
Gong cha operates nearly 2,200 stores across 33 markets, serving over 150 million beverages annually with a capital-light franchise model underpinned by its digital kitchen and drink dispensing technology.
Bain Capital plans to support disciplined store expansion in Japan, Korea, and the U.S., alongside product innovation, digital marketing, and loyalty initiatives to deepen customer engagement.
“Gong cha is an excellent business with a talented leadership team and strong foundation for continued growth.
We’re proud of what the team has accomplished and look forward to watching the Company’s next chapter unfold,” said Edward Sippel, Managing Director at TA.
Nomura Securities advised Bain Capital; Morgan and NorthPoint advised Gong cha.
Deal facts
- Target
- Gong cha Global
- Buyer
- Bain Capital
- Sponsor
- Bain Capital
- Seller
- TA Associates
- Deal type
- Platform
- Headquarters
- United Kingdom
- Advisers
- Nomura Securities financial adviser to Bain Capital
- Morgan financial adviser to Gong cha
- NorthPoint financial adviser to Gong cha
- Status
- Announced
- Announced
- Thursday, August 6, 2026
Sources
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.