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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 September alone, we added more than 2,700+ new private company transactions, bringing the total to over 32,000+ searchable deals across sectors, industries, and transaction types in Dakota Private Markets
Inside Dakota Private Markets, 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’s team 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.
GE Aerospace agreed to acquire Consolidated Precision Products (CPP), a Cleveland-based maker of highly engineered investment and sand castings for commercial aerospace and defense, from Warburg Pincus and Berkshire Partners for $11.75 billion. The price will be funded with $7 billion in cash and the rest in new debt, and it values CPP at about 18x 2027 EBITDA including expected net synergies (about 26x without). The deal is expected to be accretive to adjusted EPS and free cash flow in the first year, and to close in the second half of 2027, subject to regulatory approvals.
AMD agreed to acquire World Labs, the San Francisco-based AI research lab led by Dr. Fei-Fei Li that builds spatial-intelligence models for generating and simulating interactive 3D environments, in an all-stock transaction valued at approximately $8.2 billion. The deal brings a team of model researchers to AMD to help shape its AI hardware, software, and systems roadmaps, and Dr. Li will join AMD as executive vice president and chief scientist reporting to CEO Lisa Su. It is expected to close by the end of 2026, subject to regulatory approvals.
Platinum Equity completed the sale of Urbaser, a Madrid-based global waste collection and treatment platform serving more than 60 million people, to Blackstone and EQT in a transaction valued at approximately $6.6 billion (€5.6 billion). Platinum acquired Urbaser in October 2021 for about $4.2 billion, and during its ownership revenue grew more than 60% and EBITDA 70% since 2020 through 20 add-on acquisitions and 13 divestitures. Platinum retained Urbaser’s Argentina waste business, which generated about $90 million of EBITDA in 2025.
Apollo-managed funds completed their acquisition of Nippon Sheet Glass (NSG), a global architectural, automotive, and solar glass maker, in a deal valued at nearly $3.7 billion (about JPY 590 billion) in enterprise value, Apollo’s largest private equity investment in Japan to date. The transaction combined new Apollo equity with NSG’s principal lenders converting a portion of their loans to equity, strengthening the balance sheet. It closed ahead of the roughly March 2027 completion originally expected, and CEO Munehiro Hosonuma remains in place under a new management structure.
The Boring Company announced a $3 billion Series D at a $23 billion valuation, led by the United Arab Emirates and affiliated investment entities, with participation from Human Capital, Vy Capital, Valor Equity Partners, Sequoia Capital, A16Z, Temasek, Shamal Holding, and Baron Capital. The UAE investment will fund a new agreement to deploy more than 150 kilometers of tunnel across the country, in addition to the previously awarded Dubai Loop project. Proceeds will also go toward hiring and scaling Loop projects in Las Vegas, Nashville, and Dubai, and toward developing its Prufrock tunnel-boring platform.
Want to track industrial deal activity like this as it happens? Explore the full transactions tab in Dakota Private Markets for real-time, filterable data on every deal in this sector.
Brookfield, through its flagship private equity strategy, agreed to acquire 100% of Reliance Worldwide Corporation (ASX: RWC), a global manufacturer of plumbing and heating products and the market leader in push-to-connect fittings, for US $3.38 per share in cash, an enterprise value of approximately US 2.8 billion. The Reliance Board unanimously recommended the proposal, and the investment will be funded through Brookfield Capital Partners and its affiliate Brookfield Business Corporation. The deal is subject to shareholder, regulatory, and government approvals and is expected to close in Q1 2027.
Veritas, through its acquisition vehicle Vulcan Alpha Bidco Limited, agreed to a recommended cash acquisition of Bodycote plc, the world’s largest provider of heat treatment and specialist thermal processing services, at an offer value of 940 pence per share (932.8 pence in cash plus a 7.2 pence interim dividend). The offer implies an equity value of about £1.65 billion and an enterprise value of about £1.85 billion, a 37.5% premium to the undisturbed three-month VWAP, and it beat a competing 915 pence proposal from CVC. The Bodycote board unanimously recommends the deal, which will proceed by court-sanctioned scheme of arrangement and is expected to become effective in Q1 2027, subject to shareholder, court, and regulatory approvals.
AAR agreed to acquire a 65% controlling interest in MRO Holdings, a Latin America-based aircraft maintenance, repair, and overhaul provider serving U.S. airlines, at an implied enterprise value of $4.0 billion, or 10.7x forecast 2026 adjusted EBITDA including synergies. The initial deal values the equity at about $1.8 billion plus about $1.3 billion of debt repayment, funded with roughly $2.1 billion of new debt, $780 million of equity issued to MRO Holdings shareholders, and a $230 million PIPE. AAR holds options to buy the remaining 35% over the following six years, and the deal is expected to close in AAR’s fiscal third quarter ending February 2027, subject to regulatory approvals.
XTEND Reality Expansion Ltd., an AI-powered defense and security robotics company, completed its business combination with Nasdaq-listed JFB Construction Holdings, creating XTEND AI Robotics, Inc., which began trading on the NYSE under “XTND” on September 4, 2026. The all-stock deal was announced in February 2026 at an implied value of $1.5 billion, with XTEND shareholders owning about 70% of the combined company and JFB shareholders about 30%. JFB delivered about $67.7 million of closing cash against its $60 million minimum, which, with other financing, brings total capital raised to $110 million to expand U.S. manufacturing capacity.
Audax Private Equity agreed to sell GCG, a Chicago-based specialty wire, cable, connectivity, and power solutions provider with 2026 revenue on pace to exceed $1.1 billion, to Rexel, the publicly held energy-management distributor. Audax acquired GCG in 2019 through a carveout of Genuine Parts’ Electrical Specialties Group and built it through 12 add-on acquisitions, delivering double-digit annual revenue growth. Deal terms were not disclosed in the release, and the sale is expected to close by year end, subject to regulatory approvals.
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 Private Markets, 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 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, request access to Dakota Private Markets.
Written By: Cate Costin, Marketing Associate
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