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 December alone, we added more than 2,500 new private company transactions, bringing the total to over 16,000 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 materials transactions.
- Transaction Date: 1/2/2026
- Industry: Chemicals
- Type: Acquisition/Merger
- Transaction Value: $9.7B
- Participants: Berkshire Hathaway Inc., Occidental Petroleum Corporation, Barclays Investment Bank, Cravath, Swaine & Moore LLP
Berkshire Hathaway has completed the $9.7 billion all-cash acquisition of Occidental’s chemical business, OxyChem, adding a large, diversified producer of essential commodity chemicals to its portfolio. OxyChem will operate as a Berkshire subsidiary under its existing management team, while Occidental plans to use a significant portion of the proceeds to reduce debt and strengthen its balance sheet.
- Transaction Date: 1/26/2026
- Industry: Metals & Mining
- Type: Acquisition/Merger
- Transaction Value: $4.01B
- Participants: Zijin Gold International Company Limited, Allied Gold Corporation, Moelis & Company, Scotiabank, Cassels Brock & Blackwell LLP, Paul, Weiss, Rifkind, Wharton & Garrison LLP, RBC Capital Markets Investment Banking, Fasken Martineau DuMoulin LLP
Allied Gold has agreed to be acquired by Zijin Gold International in a friendly all-cash transaction valuing the company at approximately C$5.5 billion, or C$44 per share, representing a ~27% premium to its 30-day VWAP. The deal follows a multi-year strategic review and provides Allied Gold shareholders with immediate liquidity, while expanding Zijin Gold’s footprint in high-quality African gold assets, with closing expected in late April 2026.
- Transaction Date: 1/6/2026
- Industry: Containers & Packaging
- Type: Acquisition/Merger
- Transaction Value: $3B
- Participants: Apollo Global Management, Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev has exercised its option to reacquire the remaining 49.9% minority stake in its U.S.-based metal container plants from a consortium led by Apollo for an estimated $3 billion, restoring full ownership of the assets. The all-cash transaction, expected to close in Q1 2026, reinforces AB InBev’s vertical integration strategy and is anticipated to be EPS accretive in the first year.
- Transaction Date: 1/2/2026
- Industry: Chemicals
- Type: Asset Sale
- Transaction Value: $556M
- Participants: Technip Energies N.V., Ecovyst Inc, Lazard Freres & Co., LLC, Ropes & Gray LLP, Babst Calland Clements and Zomnir, P.C., Evercore Wealth Management LLC, Gibson Dunn & Crutcher LLP
Ecovyst has completed the sale of its Advanced Materials & Catalysts segment to Technip Energies, sharpening its focus on its core sulfuric acid and regeneration businesses. The transaction generated approximately $530 million of net proceeds, which Ecovyst is using to significantly reduce debt and enhance financial flexibility, while Technip Energies adds a differentiated catalysts platform to its technology and engineering offering.
- Transaction Date: 1/28/2026
- Industry: Chemicals
- Type: Growth Equity
- Transaction Value: $425M
- Participants: GV (Google Ventures), Capricorn LLC, Goldman Sachs Alternatives
Redwood Materials has completed the final close of its $425 million Series E, expanding the round from the previously announced $350 million amid strong investor demand. The financing, which included continued backing from Capricorn and Goldman Sachs Alternatives and added Google as a new investor, will support the scaling of Redwood’s energy storage platform and further strengthen its integrated battery recycling and critical minerals business as electricity demand accelerates.
- Transaction Date: 1/23/2026
- Industry: Containers & Packaging
- Type: Credit
- Transaction Value: $353.8M
- Participants: Apterra Infrastructure Capital, PGIM Investments LLC, Crédit Mutuel Arkéa, Lazard, Proskauer Rose LLP, Freshfields Bruckhaus Deringer LLP
MML Capital and Metric Capital Partners have completed a €300 million refinancing for GPS Group, a global provider of circular-economy logistics solutions, supporting the company’s next phase of international growth. The new infrastructure-style financing strengthens GPS’s capital structure, provides additional capacity for fleet investment, and enables partial repayment of shareholder loans following the sponsors’ 2022 investment.
- Transaction Date: 1/19/2026
- Industry: Advanced Materials
- Type: Venture
- Transaction Value: $215M
- Participants: One Investment Management, Goldman Sachs & Co. LLC
Noveon Magnetics has closed a $215 million Series C financing led by a $200 million investment from One Investment Management to expand U.S.-based rare earth magnet manufacturing capacity. The funding supports scaled domestic production to meet rising demand across automotive, defense, AI, and energy markets, while also facilitating secondary share sales by existing investors.
- Transaction Date: 1/5/2026
- Industry: Metals & Mining
- Type: Acquisition/Merger
- Equity Investment: $33M
- Participants: Monex Deposit Company, A-Mark Precious Metals Inc, D.A. Davidson & Co Wealth Management, Frye & Hsieh LLP, Brown White & Osborn LLP
Gold.com has closed its acquisition of Monex Deposit Company, integrating one of the largest and most established U.S. direct-to-consumer precious metals dealers into its fully integrated alternative assets platform. The company also increased its ownership in Atkinsons Bullion & Coins to 49.5%, expanding its international footprint, while highlighting strong operational momentum across its numismatics and collectibles businesses following the $16.8 million sale of the final “Omega” pennies.
- Transaction Date: 1/13/2026
- Industry: Chemicals
- Type: Venture
- Transaction Value: $19M
- Participants: Olive Tree Capital
MaverickX has secured $19 million in Seed funding, led by Olive Tree Capital with participation from Y Combinator and other strategic investors. Its solutions are already being deployed in oilfield and mining operations and refining plants, helping companies optimize oil production, maximize metal recovery, and comply with ESG mandates while lowering operating costs versus incumbent chemistries and processes.
- Transaction Date: 1/12/2026
- Industry: Chemicals
- Type: Venture
- Transaction Value: $18M
- Participants: Innovacom, BNP Paribas Asset Management, CDG Invest Growth, Noshaq, Crédit Agricole CIB, EY Ventury Avocats
MYCOPHYTO has completed a €16 million Series A financing to accelerate its growth, expand international operations, and scale production through the creation of its first manufacturing facility. Led by Innovacom, BNP Paribas, and Bpifrance’s Deep Tech 2030 fund, the round supports the company’s ambition to become a leading player in soil regeneration and sustainable agriculture across Europe and beyond.
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.
