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: 1/6/2026
- Type: Growth Equity
- Sector: Industrials
- Transaction Value: $20B
- Participants: Blackrock, A16Z, Fidelity
xAI closed an upsized $20 billion Series E financing, surpassing its original target as it continues to scale AI infrastructure, frontier models, and consumer-facing products. The round drew a mix of institutional and strategic investors, underscoring strong capital support for xAI’s compute-heavy approach and long-term mission.
- Transaction Date: 1/6/2026
- Type: Buyout/Private Equity
- Sector: N/A
- Transaction Value: $6.4B
- Participants: Hg Capital
OneStream has agreed to be acquired by Hg in an all-cash transaction valuing the enterprise finance software provider at approximately $6.4 billion, with Hg becoming the majority shareholder alongside minority investments from General Atlantic and Tidemark. The deal, which offers a 31% premium to the prior closing price, positions OneStream to accelerate AI-driven innovation and scale its platform for the Office of the CFO as a private company.
- Transaction Date: 1/5/2026
- Type: Acquisition/Merger
- Sector: Utilities
- Transaction Value: $4.7B
- Participants: Vistra
Quantum Capital Group has agreed to sell approximately 90% of Cogentrix Energy’s modern natural gas generation portfolio to Vistra for roughly $4.7 billion, marking a major transaction in U.S. power infrastructure. The deal transfers about 5.5 GW of gas-fired capacity across PJM, ISO New England, and ERCOT to Vistra, while positioning Quantum to retain a minority interest and participate in Vistra’s long-term value creation.
- Transaction Date: 1/5/2026
- Type: Real Assets
- Sector: N/A
- Transaction Value: $4.2B
- Participants: GATX
GATX Corporation, in partnership with Brookfield Infrastructure, has completed the approximately $4.2 billion acquisition of Wells Fargo’s rail operating lease portfolio, adding roughly 101,000 railcars and materially expanding GATX’s North American fleet. The transaction strengthens GATX’s scale and diversification in rail leasing while positioning the joint venture for long-term growth and enhanced customer service.
- Transaction Date: 1/6/2026
- Type: Acquisition/Merger
- Sector: Materials
- Transaction Value: $3B
- Participants: AB InBev
AB InBev has exercised its option to reacquire the 49.9% minority stake in its U.S. based metal container plants from an Apollo-led investor consortium for approximately $3 billion. The transaction brings full ownership of a strategically important manufacturing asset back in-house and is expected to be EPS accretive in the first year following closing.
- Transaction Date: 1/5/2026
- Type: Buyout/Private Equity
- Sector: Real Estate
- Transaction Value: $2.3B
- Participants: Crestpoint
Minto Apartment REIT has agreed to be taken private by affiliates of Crestpoint Real Estate Investments and Minto Group in an all-cash transaction valuing the portfolio at approximately $2.3 billion, including debt. The deal offers unitholders a 32% premium to the prior closing price and reflects a strategic move to pursue long-term growth outside public market constraints.
- Transaction Date: 1/5/2026
- Type: Venture
- Sector: Information Technology
- Transaction Value: $2B
- Participants: Coatue, Indonesia Investment Authority
DayOne Data Centers has raised over $2.0 billion in a Series C equity financing led by Coatue, marking one of the largest private capital raises in the data center sector. The funding will support the hyperscale platform’s rapid expansion across Europe and Asia-Pacific, reinforcing its position as a global provider of AI-ready digital infrastructure.
- Transaction Date: 1/5/2026
- Type: Growth Equity
- Sector: Real Estate
- Transaction Value: $1.9B
- Participants: KKR, Oakhill
KKR and Oak Hill Capital have committed nearly $2 billion of new equity to Global Technical Realty, a European built-to-suit data center platform focused on hyperscale, cloud, and AI-driven infrastructure. The investment will fund GTR’s expanding development pipeline and support its continued expansion across high-growth European markets as demand for next-generation data center capacity accelerates.
- Transaction Date: 1/5/2026
- Type: Merger and Acquisition
- Sector: Information Technology
- Transaction Value: $1.6B
- Participants: Jacobs
Jacobs has agreed to acquire the remaining employee-held stake in PA Consulting for approximately £1.2 billion, valuing the innovation and transformation consultancy at about £3.05 billion. The transaction brings PA fully into Jacobs’ platform, strengthening its end-to-end advisory and delivery capabilities across infrastructure, advanced manufacturing, and digital transformation.
- Transaction Date: 1/5/2026
- Type: Growth Equity
- Sector: Materials
- Transaction Value: $1.2B
- Participants: Apollo
QXO has secured a $1.2 billion convertible preferred equity investment led by Apollo Global Management to enhance its balance sheet and fund future acquisitions. The financing provides flexible, long-term capital to support QXO’s acquisition-driven growth strategy in the building products distribution sector.
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.
