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: 2/25/2026
- Type: Acquisition/Merger
- Sector: Utilities
- Transaction Value: $14B
- Participants: Engie
France’s Engie has agreed to acquire UK Power Networks for £10.5bn from a Hong Kong-based conglomerate, strengthening its position in electricity distribution across London and southern and eastern England. The deal supports Engie’s strategy to expand its regulated networks business and advance its energy transition ambitions in the UK.
- Transaction Date: 2/23/2026
- Type: Acquisition/Merger
- Sector: N/A
- Transaction Value: $7.8B
- Participants: Gilead
Gilead Sciences has agreed to acquire Arcellx in a deal valued at up to $7.8 billion, paying $115 per share in cash plus a contingent value right, to gain full control of its BCMA-directed CAR T therapy anito-cel for multiple myeloma. The transaction builds on their existing collaboration and is intended to accelerate development and commercialization of anito-cel while eliminating future profit-sharing, milestone, and royalty obligations.
- Transaction Date: 2/26/2026
- Type: Acquisition/Merger
- Sector: Industrials
- Transaction Value: $6.6B
- Participants: Brink's
Brink’s has agreed to acquire NCR Atleos in a cash-and-stock deal valued at approximately $6.6 billion, including assumed debt, creating a scaled financial technology infrastructure provider spanning cash logistics, ATM management and ATM-as-a-Service. The transaction, which values NCR Atleos at $50.40 per share, is expected to generate significant cost synergies and earnings accretion while expanding Brink’s global footprint and recurring revenue base.
- Transaction Date: 2/23/2026
- Type: Buyout/Private Equity
- Sector: Real Estate
- Transaction Value: $3.4B
- Participants: Affinius Capital, Vista Hill Partners
Veris Residential has agreed to be acquired by an Affinius Capital-led investor consortium in an all-cash transaction valued at $3.4 billion, with shareholders receiving $19.00 per share, representing a 23% premium to the unaffected share price. The deal, which follows a strategic review and transformation into a pure-play multifamily REIT, is expected to close in the second quarter of 2026, after which Veris will be taken private.
- Transaction Date: 2/23/2026
- Type: Acquisition/Merger
- Sector: Information Technology
- Transaction Value: $2.15B
- Participants: Real Asset Acquisition Corp
IQM, a Finland-based quantum computing company, has agreed to merge with SPAC Real Asset Acquisition Corp. in a transaction valuing IQM at a pre-money equity valuation of approximately $1.8 billion, making it the first European quantum company to go public. The deal is expected to leave IQM with over $450 million in cash to accelerate commercialization and technology development, with its shares set to list in the U.S. and a potential dual listing in Helsinki.
- Transaction Date: 2/25/2026
- Type: Growth Equity
- Sector: Information Technology
- Transaction Value: $1.2B
- Participants: Microsoft, Nvidia, Uber, Mercedes, Nissan, Stellantis
Wayve has secured $1.5 billion in new funding, including a $1.2 billion Series D round, valuing the UK-based autonomous driving company at $8.6 billion post-money to accelerate global deployment of its end-to-end AI autonomy platform. The financing—backed by major financial investors, Microsoft, NVIDIA, Uber and leading automakers—will support commercial robotaxi trials starting in 2026 and the rollout of supervised autonomy software in consumer vehicles from 2027.
- Transaction Date: 2/25/2026
- Type: Acquisition/Merger
- Sector: Health Care
- Transaction Value: $950M
- Participants: GSK
GSK has agreed to acquire Canada-based clinical-stage biotech 35Pharma for $950 million in cash, adding its lead asset HS235, a potential best-in-class activin signalling inhibitor for pulmonary hypertension, to its pipeline. The deal strengthens GSK’s respiratory and immunology portfolio with a phase I-ready candidate targeting a large, underserved PH market.
- Transaction Date: 2/26/2026
- Type: Acquisition/Merger
- Sector: Health Care
- Transaction Value: $919M
- Participants: Asahi Kasei
Asahi Kasei has agreed to acquire Germany-based Aicuris Anti-infective Cures AG for approximately €780 million (about $920 million) in cash, expanding its specialty pharmaceuticals platform into severe infectious diseases. The deal adds late-stage antiviral assets including pritelivir and AIC468, strengthening Asahi Kasei’s transplant and nephrology franchises and is expected to close in the first half of fiscal 2026.
- Transaction Date: 2/27/2026
- Type: Buyout/Private Equity
- Sector: Communication Services
- Transaction Value: $726M
- Participants: Searchlight Capital, Abry Partners
KORE Group Holdings has agreed to be acquired by Searchlight Capital Partners and Abry Partners in an all-cash transaction valued at approximately $726 million, with shareholders receiving $9.25 per share for stock not already owned by the buyers. The deal, which was unanimously approved by a special committee of independent directors, will take KORE private and is expected to close in the second or third quarter of 2026, subject to shareholder and regulatory approvals.
- Transaction Date: 2/23/2026
- Type: Growth Equity
- Sector: Communication Services
- Transaction Value: $500M
- Participants: Hamilton Lane, Braemont Capital, Delta-v Capital
Braemont Capital, Hamilton Lane and Delta-v Capital have led a $500 million investment in Vero Networks to fund the expansion of its fiber-to-the-premise and wholesale fiber infrastructure and support strategic M&A across U.S. markets. The financing will accelerate Vero’s growth in serving data centers, enterprises, schools and residential customers, with representatives from the investor group joining the company’s board.
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.
