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.

Bain Capital aims to list Seven & i Holdings' supermarket business in around three years after boosting synergies within the group, an executive of the U.S. private equity firm said on Thursday. Bain also plans to scale up the business though acquisitions of rival retail chains as well as technology companies to digitize operations,

Bain Capital is nearing a deal to buy Seven & i Holdings Co.’s supermarket business, according to people familiar with the matter.