
Bain Capital to Acquire Bubble Tea Chain Gong cha
Bain Capital is set to acquire the popular bubble tea chain Gong cha from TA Associates and other investors. This acquisition comes as a rival firm, MBK, faces regulatory pressure in its home market.
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Bain Capital is set to acquire the popular bubble tea chain Gong cha from TA Associates and other investors. This acquisition comes as a rival firm, MBK, faces regulatory pressure in its home market.

The tech and artist services platform will use the funding to fuel global expansion and provide artist advances, CEO Gregory Hirschhorn says.
TA Associates Said to Be Considering Sale of Bubble-Tea Maker Gong Cha Bloomberg