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: 2/2/2026
- Type: Growth Equity
- Sector: Information Technology
- Transaction Value: $16B
- Participants: Dragoneer, DST, Sequoia, Andreessen Horowitz
Waymo has raised a $16 billion investment round at a $126 billion post-money valuation, led by Dragoneer Investment Group, DST Global, and Sequoia Capital, with continued backing from Alphabet and participation from a broad group of global investors. The capital will support Waymo’s rapid commercial expansion of autonomous ride-hailing, as the company scales operations across major U.S. markets and plans launches in more than 20 additional cities internationally in 2026.
- Transaction Date: 2/3/2026
- Type: Acquisition/Merger
- Sector: Financials
- Transaction Value: $12.3B
- Participants: Banco Santander
Webster Financial Corporation has agreed to be acquired by Banco Santander in a $12.3 billion cash-and-stock transaction, valuing Webster at $75.59 per share and representing a premium to recent trading levels. The deal significantly expands Santander’s U.S. banking footprint, with Webster becoming a wholly owned subsidiary and its management team playing key roles in the combined U.S. operations following an expected close in the second half of 2026.
- Transaction Date: 2/2/2026
- Type: Acquisition/Merger
- Sector: Communication Services
- Transaction Value: $5.75B
- Participants: AT&T
AT&T has completed its $5.75 billion all-cash acquisition of Lumen’s Mass Markets fiber business, significantly expanding its fiber footprint and customer base across 32 states. The deal adds more than 1 million fiber subscribers and over 4 million fiber locations, strengthening AT&T’s position in high-speed broadband and accelerating its nationwide fiber expansion strategy.
- Transaction Date: 2/4/2026
- Type: Acquisition/Merger
- Sector: Information Technology
- Transaction Value: $5.1B
- Participants: Singtel, KKR
A KKR-led consortium with Singtel has agreed to fully acquire ST Telemedia Global Data Centres in a transaction valuing the business at an implied enterprise value of S$13.8 billion, one of the largest digital infrastructure deals in Southeast Asia. Upon completion, KKR and Singtel will own 75% and 25% of STT GDC respectively, positioning the platform to accelerate global expansion amid rising demand for cloud and AI-driven data center capacity.
- Transaction Date: 2/3/2026
- Type: Acquisition/Merger
- Sector: Utilities
- Transaction Value: $3.9B
- Participants: Federal Government of Germany
The German Federal Government, via KfW, has agreed to acquire a 25.1% minority stake in TenneT Germany from Dutch parent TenneT Holding, gaining governance rights in the country’s largest electricity transmission grid operator. The investment supports long-term grid expansion and energy security, with closing expected by the third quarter of 2026 subject to regulatory approvals.
- Transaction Date: 2/2/2026
- Type: Acquisition/Merger
- Sector: Materials
- Transaction Value: $2.79B
- Participants: Eldorado Gold
Eldorado Gold has agreed to acquire Foran Mining in a share-and-cash transaction valuing Foran at approximately C$3.8 billion, creating a larger, diversified gold and copper producer with significant near-term growth. The combination brings together two fully financed development projects expected to reach commercial production in 2026, strengthening Eldorado’s Canadian exposure and positioning the pro forma company for enhanced cash flow generation and long-term scale.
- Transaction Date: 2/3/2026
- Type: Acquisition/Merger
- Sector: Energy
- Transaction Value: $2.7B
- Participants: Ovintiv
Ovintiv has completed its $2.7 billion cash-and-stock acquisition of NuVista Energy, significantly expanding its position in the oil-rich Alberta Montney. The deal adds high-quality contiguous acreage, substantial drilling inventory, and expected production of roughly 100 MBOE/d in 2026, strengthening Ovintiv’s portfolio alongside its core Permian assets.
- Transaction Date: 2/4/2026
- Type: Buyout/Private Equity
- Sector: Materials
- Transaction Value: $2.48B
- Participants: Hankel
Henkel has agreed to acquire Dutch-based specialty coatings company Stahl Group for €2.1 billion, expanding its Adhesive Technologies business into adjacent high-performance coatings markets. The acquisition adds a global, asset-light platform with approximately €725 million in 2025 sales and strengthens Henkel’s exposure to automotive, fashion, and packaging end markets, subject to customary regulatory approvals.
- Transaction Date: 2/2/2026
- Type: Acquisition/Merger
- Sector: Insurance
- Transaction Value: $2.3B
- Participants: Meiji Yasuda
Meiji Yasuda Group has completed its approximately $2.3 billion acquisition of the Banner Life family of companies, adding U.S. term life insurance and pension risk transfer businesses previously owned by Legal & General. The transaction strengthens Meiji Yasuda’s U.S. presence while positioning Banner Life to accelerate growth and innovation, alongside the formation of a long-term strategic partnership between Meiji Yasuda and Legal & General in the PRT market.
- Transaction Date: 2/3/2026
- Type: Real Assets
- Sector: Utilities
- Transaction Value: $1.7M
- Participants: Copenhagen Infrastructure Partners
Ørsted has agreed to sell its entire European onshore business to Copenhagen Infrastructure Partners for €1.44 billion, marking a major step in its divestment program and strategic refocus on offshore wind. The transaction transfers a diversified portfolio of onshore wind, solar, and storage assets across Ireland, the UK, Germany, and Spain, while strengthening Ørsted’s balance sheet ahead of expected closing in Q2 2026.
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.
