Top 10 Transactions (Apr 6 - 10, 2026)

Top 10 Transactions (Apr 6 - 10, 2026)

Top 10 Transactions (Apr 6 - 10, 2026)
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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.

1. Sealed Air Corporation - Take-Private

  • Transaction Date: 4/9/2026
  • Type: Buyout/Private Equity
  • Sector: Containers & Packaging
  • Transaction Value: $10.3B
  • Participants: Clayton, Dubilier & Rice

CD&R completed its acquisition of Sealed Air Corporation — a leading global provider of food and protective packaging solutions including CRYOVAC, BUBBLE WRAP, and AUTOBAG brands — in an all-cash take-private transaction at an enterprise value of $10.3 billion ($42.15 per share), representing a 41% premium to Sealed Air's unaffected stock price. The deal provides Sealed Air with the long-term capital and operational partnership needed to accelerate innovation and expand capabilities across its Food and Protective packaging businesses.

2. Tubulis - Strategic Acquisition

  • Transaction Date: 4/7/2026
  • Type: Acquisition/Merger
  • Sector: Health Care
  • Transaction Value: $5B
  • Participants: Gilead

Gilead Sciences has agreed to acquire Tubulis GmbH, a clinical-stage German biotech specializing in next-generation antibody-drug conjugates (ADCs), for $3.15 billion in upfront cash plus up to $1.85 billion in contingent milestone payments. The deal adds Tubulis' lead ADC asset TUB-040 — currently in Phase 1b/2 trials for ovarian cancer and non-small cell lung cancer — along with its broader ADC platform to Gilead's oncology pipeline.

3. Soleno Therapeutics - Strategic Acquisition

  • Transaction Date: 4/6/2026
  • Type: Acquisition/Merger
  • Sector: Health Care
  • Transaction Value: $2.9B
  • Participants: NeuroCrine Biosciences

Neurocrine Biosciences has agreed to acquire Soleno Therapeutics for $53.00 per share in cash, representing a total equity value of $2.9 billion. The deal adds VYKAT XR, the first and only FDA-approved therapy for hyperphagia in Prader-Willi syndrome, which generated $190 million in revenue in 2025 following its launch, further strengthening Neurocrine's portfolio in endocrinology and rare disease.

4. Consolidated Aerospace Manufacturing - Strategic Acquisition

  • Transaction Date: 4/6/2026
  • Type: Acquisition/Merger
  • Sector: Industrials
  • Transaction Value: $1.8B
  • Participants: Howmet Aerospace

Stanley Black & Decker has completed the sale of its Consolidated Aerospace Manufacturing business to Howmet Aerospace for approximately $1.8 billion in cash, with net proceeds of roughly $1.57 billion expected to be used to reduce debt. The divestiture allows Stanley Black & Decker to sharpen its focus on core businesses while targeting a leverage ratio of approximately 2.5x net debt to adjusted EBITDA by year end, and gives Howmet an expanded precision fastener portfolio serving aerospace and defense customers.

5. Whitestone REIT - Take-Private

  • Transaction Date: 4/9/2026
  • Type: Buyout/Private Equity
  • Sector: Real Estate
  • Transaction Value: $1.7B
  • Participants: Ares

Ares Management has agreed to acquire Whitestone REIT in an all-cash transaction valued at approximately $1.7 billion, or $19.00 per share, representing a 12.2% premium to Whitestone's closing price prior to the announcement. The deal gives Ares a portfolio of 56 convenience-focused, open-air retail properties spanning roughly 4.9 million square feet across high-growth Sun Belt markets including Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio.

6. Eat Happy Group - Debt Package

  • Transaction Date: 4/6/2026
  • Type: Credit
  • Sector: Consumer Discretionary
  • Transaction Value: $867M
  • Participants: Deutsche Bank, RBC Capital Markets, UniCredit

Wall Street banks Deutsche Bank, RBC Capital Markets, and UniCredit are providing €750 million in financing — comprising a €650 million term loan and €100 million revolving credit facility — to support the merger between Asian food company Eat Happy and European sushi supplier Hana Group. The deal, backed by a strategic investment from middle-market private equity firm One Rock Capital Partners, aims to create a combined platform for fresh Asian convenience food across Europe.

7. Blackline Safety - Take-Private

  • Transaction Date: 4/8/2026
  • Type: Buyout/Private Equity
  • Sector: Information Technology
  • Transaction Value: $850M
  • Participants: Francisco Partners

Francisco Partners has agreed to acquire Blackline Safety, a Canadian connected worker safety technology company, for $9.00 per share in cash plus a contingent value right of up to $0.50 per share, representing a total equity value of up to $850 million and a 35% premium to the 20-day VWAP. The CVR entitles shareholders to an additional cash payment if Blackline achieves an annualized recurring revenue target of at least $145 million by October 2027, providing upside potential alongside the certainty of the upfront consideration.

8. Firmus Technologies - Minority

  • Transaction Date: 4/7/2026
  • Type: Growth Equity
  • Sector: Industrials
  • Transaction Value: $505M
  • Participants: Coatue Management, Nventures

Firmus, an Asia-based AI infrastructure company, is raising $505 million in a strategic equity investment led by Coatue with participation from NVIDIA, bringing its total equity raised over the past six months to $1.35 billion at a post-money valuation of $5.5 billion. The funding will accelerate the rollout of Firmus' AI Factory platform — built on NVIDIA's Vera Rubin DSX reference design — across the Asia-Pacific region, including its flagship Project Southgate national network of energy-efficient AI factories in Australia.

9. Sedron Technologies - Platform

  • Transaction Date: 4/9/2026
  • Type: Buyout/Private Equity
  • Sector: Industrials
  • Transaction Value: $500M
  • Participants: Ara Partners

Ara Partners, a private equity and infrastructure firm focused on industrial decarbonization, has announced an investment of up to $500 million in Sedron Technologies to scale its Varcor waste upcycling technology across North America. Sedron's platform processes liquid waste streams — including municipal biosolids and dairy manure — into reusable water, organic fertilizer, and carbon-negative electricity using ten times less energy than conventional alternatives.

10. Movistar - Divestiture

  • Transaction Date: 4/7/2026
  • Type: Buyout/Private Equity
  • Sector: Communication Services
  • Transaction Value: $450M
  • Participants: OXIO, Newfoundland Capital Management

A U.S.-led consortium anchored by OXIO and Newfoundland Capital Management has agreed to acquire Movistar Mexico from Telefónica for a reported $450 million, taking over the operator's more than 20 million mobile subscribers. OXIO's cloud-native Telecom-as-a-Service platform will underpin Movistar Mexico's digital transformation, while the company continues operating under the Movistar brand with its existing management team in place.

Transactions with 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 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.

Cate Costin, Marketing Associate

Written By: Cate Costin, Marketing Associate