Bain Capital to acquire bubble tea chain Gong cha as rival MBK grapples with regulatory pressure at home

Bain Capital announced it will acquire Gong cha as MBK faces regulatory pressure in South Korea.

Aug 6 : Bain Capital said on Thursday it will acquire bubble tea chain Gong cha from TA Associates and other shareholders, extending the U.S. private equity firm's push into food and beverage investments.Here are some more details:• Bain Capital did not disclose the value or terms. Reuters reported in May, citing sourc

Business dealsThe bubble tea empire plans to expand its store network in East Asia and the USGong Cha has gained popularity for its bubble tea and operates over 2,000 stores in roughly 30 countries and regions worldwide.Nikkei staff writersAugust 5, 2026 09:26 JSTTOKYO -- Bain Capital has decided to buy Taiwan-originat