A significant acquisition has been announced in the food industry. Bain Capital, a US private equity firm, is set to purchase Gong cha, a bubble tea chain. The acquisition is being made from TA Associates and other shareholders.

Further details about the acquisition can be found through Reuters. It is known that this move extends Bain Capital's involvement in the food sector. The announcement was made on Thursday, according to Reuters, but specific details about the acquisition are limited in this report.