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Partners Group to Divest Gong Cha Stake Following Bain Capital Deal

MT Newswires·08/24/2026 01:53:03
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01:53 AM EDT, 08/24/2026 (MT Newswires) -- Partners Group (PGHN.SW) agreed to exit its private credit and minority equity investments in global tea chain Gong cha following TA Associates' agreement to sell the business to Bain Capital. The Swiss private equity company provided over $200 million in financing as a sole lender to support TA Associates' acquisition of Gong cha in 2019 and also took a minority equity stake, according to a Monday release.