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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 August alone, we added more than 2,000 new private company transactions, bringing the total to over 30,000+ 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 information technology transactions.
- Transaction Date: 8/26/2026
- Industry: Software
- Type: Acquisition/Merger
- Transaction Value: $12.9B
Nvidia has agreed to acquire Hugging Face, the open-source AI model and dataset repository, for $12.9 billion — $11.9 billion payable to Hugging Face shareholders plus an additional $1 billion in equity to retain employees joining Nvidia. The deal, a major jump from Hugging Face's $4.5 billion valuation in a 2023 funding round, expands Nvidia's reach further into the AI software and model ecosystem as it seeks to strengthen its position amid rivals like OpenAI and Anthropic developing their own chips; it marks Nvidia's second-largest acquisition on record, behind its $20 billion Groq asset purchase. The transaction is expected to close in the first half of 2027, according to a securities filing.
- Transaction Date: 8/18/2026
- Industry: IT Services
- Type: Acquisition/Merger
- Transaction Value: $7B
Stripe has agreed to acquire OpenRouter, an AI model gateway giving developers access to 400+ LLMs, for a reported $7+ billion — though official terms remain undisclosed. The price represents roughly a 5.4x premium over OpenRouter's $1.3 billion valuation from a $113 million Series B closed just three months earlier in May 2026. The deal extends Stripe's push into AI infrastructure, following its $1.1 billion Bridge acquisition and $53 billion joint PayPal bid with Advent International; no closing timeline has been disclosed.
- Transaction Date: 8/26/2026
- Industry: Electronic Equipment & Instruments & Components
- Type: Acquisition/Merger
- Transaction Value: $5B
AMETEK has completed its acquisition of a portfolio of instrumentation businesses from Indicor, LLC in an all-cash transaction valued at approximately $5.0 billion, funded through credit facility borrowings and new debt issuance. Indicor Instrumentation, which generates roughly $1.1 billion in annual sales, is expected to contribute approximately $350 million to AMETEK's 2026 sales and be modestly accretive to 2026 adjusted earnings, with the businesses being integrated into AMETEK's Electronic Instruments Group and Electromechanical Group. The transaction has already closed.
- Transaction Date: 8/13/2026
- Industry: Software
- Type: Growth Equity
- Transaction Value: $5B
Databricks has closed a $5 billion strategic funding round at a $190 billion valuation, led by existing investor Coatue, coinciding with the company surpassing a $7 billion revenue run-rate on over 80% year-over-year growth in Q2. The capital will fund continued investment in Unity AI Gateway (multi-AI governance and cost controls), Genie (its AI coworker for business data), and Lakebase (its serverless Postgres database for AI agents), and is expected to also support future AI acquisitions and deepened AI research. Given the scale of both the raise and the revenue run-rate, this sits well outside typical software/IT runway norms — Databricks' growth trajectory and profitability profile suggest funding is being deployed for strategic expansion and M&A rather than to extend a limited runway, with no near-term follow-on raise implied by the announcement.
- Transaction Date: 8/3/2026
- Industry: Software
- Type: Acquisition/Merger
- Transaction Value: $2.4B
Visa has agreed to acquire BioCatch, a behavioral and device intelligence fraud prevention provider, from Permira-advised funds and other shareholders for $2.4 billion in cash. BioCatch, which analyzes behavioral and device signals to detect fraud in real time across 1.8 billion devices and 760 million users for more than 350 banking clients globally, complements Visa's existing cyber, fraud, and risk security offerings as part of its broader push to prevent account takeovers and scams upstream. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close by the end of Visa's fiscal second quarter of 2027.
Want to track information technology 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.
- Transaction Date: 8/27/2026
- Industry: IT Services
- Type: Growth Equity
- Transaction Value: $2.2B
SK Telecom is spinning off the data center and submarine cable operations of its subsidiary SK Broadband into a new entity, SK Horizon, with KKR and a domestic consortium of IMM Investment and Stonebridge Capital investing a combined KRW 3.08 trillion (approximately $2.2 billion) in equity. SKT will retain majority control with a 51% stake, while KKR holds 29% through its Asia Pacific infrastructure strategy and the IMM-Stonebridge consortium holds the remaining 20%. The capital will fund expansion of SK Horizon's AI data center capacity to 318 megawatts across eight facilities plus development projects, and expand its international submarine cable network; the transaction is expected to close in Q1 2027, subject to shareholder approval and regulatory clearances.
- Transaction Date: 8/7/2026
- Industry: Professional Services
- Type: Growth Equity
- Transaction Value: $2B
This $2 billion strategic equity round (bringing total capital raised over the past year to more than $3 billion, at a post-money valuation above $10.5 billion) is a substantial outlier in size for hardware/industrials, and given the stated buildout across Australia plus early-stage expansion into Indonesia and the wider Asia-Pacific region, runway likely extends well beyond the typical 24–30 month window—plausibly 36+ months given the scale of capital committed to physical infrastructure. Next raise, if needed, is more likely tied to expansion or capacity milestones (Asia-Pacific market entries, AI Factory capacity online) than a fixed timeline.
- Transaction Date: 8/10/2026
- Industry: Software
- Type: Buyout/Private Equity
- Transaction Value: $2B
Francisco Partners has agreed to acquire Moneris, Canada's leading commerce and payments solutions provider, from joint owners BMO and RBC for approximately C$2.0 billion in cash, with each bank receiving a 50% share. Both banks will maintain long-term exclusive referral agreements with Moneris going forward, and former Global Payments CEO Jeff Sloan will join as Chairman as part of the transition. The deal preserves Moneris' existing Canadian operations, leadership, and roughly 2,000-person workforce, and is expected to close by the end of the first quarter of BMO and RBC's fiscal year 2027, subject to regulatory approvals under Canada's Retail Payment Activities Act and Competition Act.
- Transaction Date: 8/20/2026
- Industry: Software
- Type: Acquisition/Merger
- Transaction Value: $1.4B
Mitsubishi Electric has agreed to acquire all equity interests in PCI Energy Solutions, a U.S.-based provider of energy management and optimization software for utilities and power market participants, for $1.4 billion. PCI's software supports mission-critical functions including power trading, generation and transmission operations, supply-demand planning, and settlement, primarily across North America. Upon completion, PCI will become a wholly owned subsidiary of Mitsubishi Electric; the transaction is expected to close in 2026, subject to regulatory approvals and other customary closing conditions.
- Transaction Date: 8/17/2026
- Industry: Electronic Equipment & Instruments & Components
- Type: Acquisition/Merger
- Transaction Value: $1.1B
TTM Technologies has agreed to acquire Epiq Solutions, a provider of specialized software-defined radio and embedded computing technology for defense and government customers, from Veritas Capital's Vantage strategy for $1.1 billion. The deal expands TTM's positioning in SIGINT, electronic warfare, unmanned systems, and space applications, building on Epiq's growth under Veritas' ownership since 2022 through organic investment and acquisitions of Xiphos Systems and Cyber Radio Solutions. The transaction is subject to customary regulatory conditions and is expected to close by the end of 2026.
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.
