For deal sourcers, staying current on private company activity is critical to spotting active buyers, tracking market trends, and uncovering emerging investment opportunities ahead of competitors.
In February alone, we added more than 1,700 new private company transactions, bringing the total to over 19,000 searchable deals across sectors, industries, and transaction types in Dakota Marketplace.
Inside Dakota Marketplace, you’ll find the transactions tab that provides structured, filterable data on deal types, values, and dates, while our editorial team curates daily updates through the dakota transactions newsletter, helping you cut through the noise and focus on what matters most.
To ensure the most comprehensive coverage of private market activity, Dakota monitors over 10,000 websites including company websites, newswires, and numerous third-party news providers to capture and verify transaction data as it happens.
Below are the top 10 consumer discretionary transactions.
- Transaction Date: 2/13/2026
- Industry: Household Durables
- Type: Acquisition/Merger
- Transaction Value: $4.5B
- Participants: Sumitomo Forestry Co., Ltd., Tri Pointe Homes, Inc., Mitsubishi UFJ Financial Group, Morgan Stanley, Morrison & Foerster LLP, Moelis & Company, Paul Hastings LLP
Sumitomo Forestry agreed to acquire Tri Pointe Homes in an all-cash transaction valued at approximately $4.5 billion, or $47.00 per share — a 29% premium to Tri Pointe's closing price and 42% premium to its 90-day VWAP. The deal, expected to close in Q2 2026, will see Tri Pointe continue operating as a distinct brand under its existing management team, furthering Sumitomo Forestry's goal of delivering 23,000 U.S. homes annually by 2030.
- Transaction Date: 2/12/2026
- Industry: Diversified Consumer Services
- Type: Credit
- Transaction Value: $2.3B
- Participants: N/A
Prison Vendor TKC's $2.3 Billion Junk Deal Doubles Payout to HIG
- Transaction Date: 2/17/2026
- Industry: Diversified Consumer Services
- Type: Growth Equity
- Transaction Value: $450M
- Participants: N/A
inKind, a restaurant commerce enablement platform, closed $450 million in mixed equity and debt financing to accelerate expansion of its platform — which has provided over $600 million in funding to more than 6,000 restaurants — to an additional 10,000 U.S. restaurants over the next year. The capital will also support development of new financial products for restaurant operators and continued growth of the company's 4 million+ user dining rewards platform.
- Transaction Date: 2/17/2026
- Industry: Specialty Retail
- Type: Growth Equity
- Transaction Value: $300M
- Participants: Andreessen Horowitz (A16Z), WCM Investment Management, Foxhaven Asset Management
Kavak, a Mexico-based online used car marketplace, raised $300 million in an equity round led by Andreessen Horowitz ($200 million) and co-led by WCM Investment Management ($100 million), alongside Foxhaven Asset Management. The raise follows Kavak's $127 million equity raise and $400 million debt financing last year, as the company scales its hybrid digital-physical platform and lending arm, Kuna Capital, which has reached an annualized run rate of approximately $600 million in loans.
- Transaction Date: 2/6/2026
- Industry: Specialty Retail
- Type: Acquisition/Merger
- Transaction Value: $173M
- Participants: TRUBAR Inc., ETi Gıda, Norton Rose Fulbright LLP, MNP LLP, Clarus Securities Inc., Winston & Strawn LLP, Stikeman Elliott LLP
Turkish snack company ETi Gıda completed its acquisition of TRUBAR, a fast-growing clean-ingredient protein bar brand, for $173 million in cash with no earnout. The deal positions TRUBAR — which reached nearly $100 million in gross revenue in 2025 across 21,000+ retail locations — to accelerate North American scale and international expansion while retaining its founder-led leadership team.
- Transaction Date: 2/5/2026
- Industry: Specialty Retail
- Type: Acquisition / Merger
- Transaction Value: $130M
- Participants: Millstreet Capital Management LLC, The Cannabist Company Holdings Inc, Moelis & Company, Stikeman Elliott, Weil Gotshal & Manges LLP, Foley Hoag LLP, Paul Hastings LLP
The Cannabist Company closed the sale of its Virginia cannabis operations to an affiliate of Millstreet Credit Fund LP for $130 million, comprising $117.5 million in cash at closing and $12.5 million held in escrow. The divested assets include five active retail locations, one in development, and approximately 82,000 square feet of cultivation and production capacity in the Richmond region, with proceeds used primarily to redeem approximately $91 million in outstanding senior secured notes.
- Transaction Date: 2/9/2026
- Industry: Textiles & Apparel & Luxury Goods
- Type: Acquisition/Merger
- Transaction Value: $122M
- Participants: United Trademarks Group, Playboy Enterprises International, Inc., Latham & Watkins LLP
Playboy agreed to sell a 50% stake in its China business to UTG Brands Management Group for $122 million in total cash consideration, comprising $45 million for the joint venture stake, $67 million in guaranteed minimum distribution payments over eight years, and $10 million in brand support payments over three years. The deal, expected to close by March 31, 2026, advances Playboy's asset-light strategy with at least $50 million of proceeds earmarked for debt reduction, while Playboy retains 50% ownership with ongoing upside in the China JV.
- Transaction Date: 2/20/2026
- Industry: Hotels & Restaurants & Leisure
- Type: Acquisition/Merger
- Transaction Value: $87M
- Participants: Jollibee Foods Corporation, All Day Fresh Co., Ltd.
Jollibee Foods Corporation agreed to acquire All Day Fresh Co, the operator of Shabu All Day — South Korea's #1 hot pot chain by store count and system-wide sales — for approximately $87 million at an attractive -4x EV/EBITDA multiple, through its 70%-owned Korean subsidiary Jolli-K. The 169-unit brand generates $285 million in annual system-wide sales and is expected to contribute a roughly 2% revenue uplift and 8% EBIT uplift to Jollibee Group upon consolidation.
- Transaction Date: 2/18/2026
- Industry: Hotels & Restaurants & Leisure
- Type: Venture
- Transaction Value: $75M
- Participants: Pantera Capital, Multicoin Capital, Makers Fund, Forerunner Ventures, Perceptive Ventures, NFX, Edge Equity
Novig, a commission-free peer-to-peer sports prediction market platform, raised $75 million in a Series B round led by Pantera Capital, with participation from Multicoin Capital, Makers Fund, and others, bringing total capital raised to over $105 million. The funding will support product development and liquidity growth as Novig — which reported 10x trading volume growth in 2025 with annualized volume exceeding $4 billion — pursues a CFTC Designated Contract Market license to operate in all 50 states.
- Transaction Date: 2/2/2026
- Industry: Hotels & Restaurants & Leisure
- Type: Growth Equity
- Transaction Value: $63M
- Participants: Alignment Growth, Left Lane Capital, Kosmos Impact B.V, BOLT Ventures, CASSIUS
Kings League raised $63 million in a minority investment round led by Alignment Growth, with continued participation from existing investors including Left Lane, Kosmos, Cassius, Antifund, and Bolt Ventures. The capital will support Kings League's global expansion, product development, and technology investment as the Gerard Piqué-founded sports entertainment platform continues to scale its reimagined football competition format.
At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team continuously monitors the news for real-time updates on platform investments, add-ons, divestitures, and more to deliver daily highlights straight to your inbox through our transactions newsletter.
Inside Dakota Marketplace, the transactions tab provides structured, filterable data with deal dates, types, sectors, and financials, allowing you to build a customized feed that aligns with your focus areas.
Whether you're evaluating a new investment opportunity or tracking trends within a target sector, Dakota Marketplace helps you cut through the noise and focus on what matters most.
For more information on these transactions and a deeper dive into their industries and sub-industries, book a demo of Dakota Marketplace.
