The private company data space is vast, fragmented, and often overwhelming. Deal sourcing teams are faced with endless streams of announcements, filings, atSnd rumors, making it difficult to pinpoint the transactions that actually matter.
That’s why inside Dakota Marketplace, we’ve zeroed in on this space. We’ve created a centralized resource where deal sourcers can easily find and track the exact deals they’re looking for.
In this article, we’ve curated 10 top transactions from last week that stood out in the marketplace and signal key trends shaping the deal landscape. By the end of this, you’ll have a better understanding of these deals.
- Transaction Date: 4/29/2026
- Type: Buyout/Private Equity
- Sector: Industrials
- Transaction Value: $23.65B
- Participants: Kone
KONE Corporation has agreed to combine with TK Elevator (TKE) in a cash and share transaction implying a total enterprise value for TKE of EUR 29.4 billion, with the Advent and Cinven-led consortium receiving EUR 5 billion in cash and up to 270 million newly issued KONE class B shares valued at approximately EUR 15.2 billion. The combined group would generate approximately EUR 20.5 billion in annual sales across more than 100 countries, with approximately EUR 700 million in expected annual run-rate synergies, creating one of the world's largest elevator and escalator companies with KONE's existing CEO leading the combined entity.
- Transaction Date: 4/27/2026
- Type: Acquisition/Merger
- Sector: Energy
- Transaction Value: $13.6B
- Participants: Shell
Shell has agreed to acquire ARC Resources, a Canadian Montney shale producer, for approximately US$16.4 billion in enterprise value — comprising CAD $8.20 in cash and 0.40247 Shell shares per ARC share, representing a 20% premium to ARC's 30-day VWAP — adding 370,000 barrels of oil equivalent per day of production and accelerating Shell's production CAGR from 1% to 4% through 2030. The deal establishes the Montney basin as a strategic heartland for Shell, combining ARC's 1.5 million net acres with Shell's existing Canadian footprint and supporting LNG growth, with approximately $250 million in annualized synergies expected within a year of closing.
- Transaction Date: 4/30/2026
- Type: Buyout/Private Equity
- Sector: Financials
- Transaction Value: $7.8B
- Participants: Banque Populaire et Caisse d'Epargne
BPCE has completed its acquisition of 100% of novobanco, Portugal's fourth-largest bank, from Lone Star Funds and minority shareholders including the Portuguese State and Resolution Fund, for a total acquisition price of approximately €6.7 billion as of April 30, 2026. The deal — described as the largest cross-border banking acquisition in the euro zone in the last decade — establishes Portugal as BPCE's second largest domestic retail market, adding novobanco's 1.7 million individual customers, approximately 290 branches, and a highly profitable franchise with a tangible return on equity above 20%.
- Transaction Date: 4/27/2026
- Type: Acquisition/Merger
- Sector: Health Care
- Transaction Value: $4.8B
- Participants: BioMarin Pharmaceutical
BioMarin Pharmaceutical has completed its acquisition of Amicus Therapeutics for $14.50 per share in an all-cash transaction valued at approximately $4.8 billion, representing a 33% premium to Amicus' last closing price. The deal adds two commercial rare disease therapies — Galafold, the first oral treatment for Fabry disease, and Pombiliti + Opfolda for Pompe disease — which together generated $599 million in combined net product revenues over the past four quarters, immediately strengthening BioMarin's lysosomal storage disease portfolio and accelerating its long-term revenue growth profile.
- Transaction Date: 4/28/2026
- Type: Buyout/Private Equity
- Sector: Financials
- Transaction Value: $2.5B
- Participants: CC Capital, One Investment Management
CC Capital and One Investment Management (OneIM) have completed the acquisition of Insignia Financial, Australia's leading diversified wealth management group, for A$4.80 per share in cash via a scheme of arrangement, representing an enterprise value of approximately A$3.9 billion (US$2.5 billion) and a 56.9% premium to Insignia's undisturbed share price. The deal takes Insignia private — delisting it from the ASX — and gives the new owners a platform managing over A$342 billion in funds under management and advice, with a stated focus on accelerating the company's Vision 2030 transformation strategy.
- Transaction Date: 4/29/2026
- Type: Growth Equity
- Sector: Utilities
- Transaction Value: $2.34B
- Participants: Blackstone Infrastructure
Blackstone Infrastructure has agreed to invest up to €2 billion in Eurowind Energy, a pan-European renewables developer and independent power producer founded in Denmark with operations spanning onshore wind, solar, battery storage, and biogas across sixteen European markets. The investment will accelerate Eurowind's clean energy deployment — targeting three to four times its current pace of solar, wind, and battery installations — as surging European power demand driven by electrification, AI, and energy security imperatives is expected to grow at over 3% annually through 2040.
- Transaction Date: 4/27/2026
- Type: Acquisition/Merger
- Sector: N/A
- Transaction Value: $2.3B
- Participants: Daiwa
Daiwa Securities Group's banking subsidiary Daiwa Next Bank has agreed to acquire all shares of ORIX Bank from ORIX Corporation, with the two banks expected to merge subsequently into a full-service bank with approximately JPY 9 trillion in total assets. The deal combines ORIX Bank's specialized real estate lending, trust capabilities, and credit expertise with Daiwa Next Bank's JPY 5 trillion deposit base, creating a virtuous cycle of deposit and loan growth that aims to deepen total asset consulting for Daiwa's wealth management customers as Japan transitions into a higher interest rate environment.
- Transaction Date: 4/27/2026
- Type: Acquisition/Merger
- Sector: Health Care
- Transaction Value: $2.3B
- Participants: Eli Lilly
Eli Lilly has agreed to acquire Ajax Therapeutics, a biopharmaceutical company developing next-generation JAK inhibitors for myeloproliferative neoplasms, for up to $2.3 billion in cash including upfront and milestone payments. The deal adds AJ1-11095, a first-in-class Type II JAK2 inhibitor currently in Phase 1 trials for myelofibrosis, which is designed to deliver deeper and more durable efficacy than existing Type I JAK2 inhibitors and provide a novel treatment option for patients who develop resistance to current therapies.
- Transaction Date: 4/28/2026
- Type: Acquisition/Merger
- Sector: Information Technology
- Transaction Value: $1.9B
- Participants: Adobe
Adobe has completed its acquisition of Semrush, a leading brand visibility and SEO platform, in an all-cash transaction valued at approximately $1.9 billion, or $12.00 per share. The deal integrates Semrush's search engine optimization and generative engine optimization capabilities into Adobe's CX Enterprise platform, positioning the combined company to help marketers maintain brand discoverability across traditional search, LLMs, and AI agents as agentic AI reshapes how consumers discover and engage with brands.
- Transaction Date: 4/30/2026
- Type: Acquisition/Merger
- Sector: Information Technology
- Transaction Value: $1.85B
- Participants: Belden
Belden has agreed to acquire RUCKUS Networks from Vistance Networks for approximately $1.85 billion, adding industry-leading Wi-Fi, enterprise switching, and an AI-driven cloud networking platform serving more than 48,000 customers globally. The deal, priced at approximately 13x projected 2026 adjusted EBITDA, establishes Belden as a full-stack IT/OT networking solutions provider and is expected to be immediately accretive to adjusted EPS, with RUCKUS contributing gross margins above 60% and adjusted EBITDA margins above 20% in the first full year of ownership.
At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team is constantly monitoring the news for real-time updates on platform investments, add-ons, divestitures, and more. Each day, we deliver these highlights directly to your inbox through our transactions newsletter.
Inside Dakota Marketplace, the transactions tab gives you access to structured, filterable data complete with dates, deal structure, sectors, and financials, so you can build a feed tailored to your specific interests.
Whether you're evaluating a new investment opportunity or tracking trends in a target sector or segment, 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.
