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 November alone, we added more than 4,000 new private company transactions, bringing the total to over 13,000 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 industrial transactions.
1. Filtration Group - Strategic Acquisition
- Transaction Date: 11/11/2025
- Industry: Machinery
- Type: Merger & Acquisition
- Transaction Value: $9.25B
- Participants: Parker-Hannifin Corporation, Filtration Group, Barclays Investment Bank, Jones Day LLP, Eversheds Sutherland, Lincoln International Investment Banking, Paul Hastings LLP
Parker Hannifin Corporation has announced a definitive agreement to acquire Filtration Group Corporation for $9.25 billion, aiming to significantly expand its industrial filtration and aftermarket business. The acquisition, expected to close within six to twelve months, will enhance Parker’s global capabilities with Filtration Group’s strong aftermarket presence, high-margin products, and projected 2025 sales of $2 billion.
2. Husky Technologies - Merger
Hyperlink
- Transaction Date: 11/3/2025
- Industry: Machinery
- Type: Merger & Acquisition
- Transaction Value: $5B
- Participants: Platinum Equity, CompoSecure Inc, Morgan Stanley, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Goldman Sachs Investment Banking, Latham & Watkins LLP
CompoSecure has announced a business combination with Husky Technologies, valuing the combined enterprise at approximately $7.4 billion. Husky will operate as a standalone entity under its current leadership, with both companies aiming to drive long-term growth, innovation, and value creation. The transaction is expected to close in Q1 2026, pending regulatory approvals.
3. Desotec - Secondary Buyout
- Transaction Date: 11/21/2025
- Industry: Commercial Services & Supplies
- Type: Buyout/Private Equity
- Transaction Value: $2.3B
- Participants: EQT Group, Blackstone Inc
EQT Future has agreed to acquire a majority stake in DESOTEC, a leading provider of circular mobile filtration solutions, from Blackstone, which will remain a minority investor. DESOTEC’s “Filtration-as-a-Service” model offers recurring revenue and environmental benefits by helping industrial clients remove pollutants from air, water, and soil. EQT plans to support the company’s continued European growth and accelerate its expansion in the early-stage North American market.
4. Novaria Group - Secondary Buyout
- Transaction Date: 11/10/2025
- Industry: Aerospace & Defense
- Type: Buyout/Private Equity
- Transaction Value: $2.2B
- Participants: Arcline Investment Management, KKR, Kirkland & Ellis LLP, Morgan Stanley
Arcline Investment Management has agreed to acquire aerospace components supplier Novaria Group from KKR in a $2.2 billion deal. Since KKR’s investment in 2020, Novaria has tripled in size through 13 acquisitions and now serves over 3,000 customers globally. All 1,600+ employees will receive cash payouts upon closing, reflecting KKR’s employee ownership strategy and the company’s strong operational growth.
5. Power Solutions - Strategic Acquisition
- Transaction Date: 11/19/2025
- Industry: Electrical Equipment
- Type: Merger & Acquisition
- Transaction Value: $1.95B
- Participants: Dycom Industries Inc, Goldman Sachs & Co. LLC, Weil Gotshal & Manges LLP, Miles & Stockbridge P.C., Source One Business Services, LLC, JMC Capital Partners
Dycom Industries has agreed to acquire Power Solutions for $1.95 billion, significantly expanding its presence in the fast-growing data center infrastructure sector. Power Solutions, a leading Mid-Atlantic electrical contractor with over 2,800 skilled employees, will continue operating under its brand and leadership. The deal is expected to be immediately accretive to Dycom’s earnings and free cash flow, while positioning the combined company for long-term growth through enhanced digital infrastructure capabilities.
6. Asahi Tec/Trimas - Carve-Out / Divestiture
- Transaction Date: 11/4/2025
- Industry: Aerospace & Defense
- Type: Buyout/Private Equity
- Transaction Value: $1.45B
- Participants: TriMas Corporation, Tinicum Incorporated, PJT Partners Inc, BofA Securities, Inc., Jones Day LLP, Solomon Partners, Kirkland & Ellis LLP, Goodwin Procter LLP
TriMas has entered into a definitive agreement to sell its Aerospace segment to an affiliate of Tinicum L.P. for $1.45 billion in an all-cash deal, with Blackstone participating as a minority investor. The sale, valued at approximately 18x LTM Q3 2025 adjusted EBITDA, will allow TriMas to focus on its high-margin packaging business and pursue strategic acquisitions and growth opportunities. The transaction is expected to close by the end of Q1 2026, pending regulatory approvals.
7. OmniMax International - Strategic Acquisition
- Transaction Date: 11/17/2025
- Industry: Building Products
- Type: Merger & Acquisition
- Transaction Value: $1.335B
- Participants: Rothschild & Co, Gibraltar Industries Inc, Strategic Value Partners, Perella Weinberg Partners LP, BofA Securities, Inc., Wachtell, Lipton, Rosen & Katz, Paul, Weiss, Rifkind, Wharton & Garrison LLP
Gibraltar Industries has agreed to acquire OmniMax International for $1.335 billion in cash, significantly enhancing its position in the residential building products sector. The deal is expected to be immediately accretive to EBITDA margin and cash flow, with $35 million in cost synergies and $100 million in cash tax benefits bringing the effective adjusted EBITDA multiple to 8.4x. Upon closing in the first half of 2026, OmniMax will strengthen Gibraltar’s portfolio and drive growth in its most profitable segment.
8. Purge Rite - Strategic Acquisition
- Transaction Date: 11/3/2025
- Industry: Commercials Services & Supplies
- Type: Merger & Acquisition
- Transaction Value: $1.25B
- Participants: Buchanan Ingersoll & Rooney PC, Vertiv Holdings Co, Milton Street Capital, Stifel, Harris Williams, DLA Piper
Vertiv has announced plans to acquire PurgeRite for approximately $1.0 billion in cash, with up to $250 million in additional earn-out payments, to expand its liquid cooling services portfolio for high-density and AI-driven data centers. The acquisition strengthens Vertiv’s leadership in next-generation thermal chain services, enhancing its capabilities in fluid management critical to data center performance and uptime. The deal is expected to close in Q4 2025, pending regulatory approvals.
9. Pearce Services - Carve-Out / Divestiture
- Transaction Date: 11/4/2025
- Industry: Construction & Engineering
- Type: Buyout/Private Equity
- Transaction Value: $1.2B
- Participants: Sullivan & Cromwell, Pearce Services, CBRE Group Inc, New Mountain Capital, J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Ropes & Gray LLP
CBRE Group has acquired Pearce Services for approximately $1.2 billion in cash, with a potential $115 million earn-out, expanding its capabilities in digital and power infrastructure. Pearce, a leading provider of engineering and maintenance services for critical infrastructure, will operate within CBRE’s Building Operations & Experience segment and is expected to be immediately accretive to core earnings. The acquisition strengthens CBRE’s position in high-growth sectors like data centers, renewable energy, and EV charging, with Pearce projected to generate over $660 million in revenue and $90 million in EBITDA in 2026.
10. Green Dot Corporation - Take-Private / Public-to-Private
- Transaction Date: 11/24/2025
- Industry: Professional Services
- Type: Buyout/Private Equity
- Transaction Value: $1.1B
- Participants: Stephens Inc., Smith Ventures LLC, Commerce One, Green Dot Corporation, Citi, Wachtell, Lipton, Rosen & Katz, Performance Trust Capital Partners, LLC, King & Spalding LLP, Sullivan & Cromwell
Green Dot Corp. announced two coordinated transactions in which Smith Ventures will acquire and privatize its non-bank fintech operations, while CommerceOne Financial will acquire Green Dot Bank to form a new publicly traded bank holding company. Green Dot shareholders will receive cash plus stock in the new bank entity, while a long-term commercial agreement keeps CommerceOne as the exclusive issuing bank for the newly independent fintech. Together, the deals aim to streamline the fintech business, strengthen the combined banking platform, and unlock growth opportunities for both companies.
Transactions in Dakota Marketplace
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.
