Bain Capital Sees More M&A, IPO for 7-Eleven Supermarket Segment

Bain Capital said it intends to pursue further deals to grow a Japanese supermarket company it acquired from Seven & i Holdings Co., while seeking to take it public in three years.

The Boston-based firm is set to own a 60% stake in York Holdings, which consists of the supermarket and other retail businesses of convenience store operator Seven & i, according to a statement Thursday. The entire deal values York Holdings at $5.37 billion.

Bain plans to work with York to grow revenue by 3% to 5% annually, and also through acquisitions and technology adoption that can help ...