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: 3/31/2026
- Type: Venture
- Sector: Industrials
- Transaction Value: $122B
- Participants: Amazon, Nvidia, SoftBank
OpenAI closed a $122 billion funding round at an $852 billion post-money valuation, anchored by Amazon, NVIDIA, SoftBank, Microsoft, and a16z alongside a broad group of institutional investors. The capital will fuel continued infrastructure buildout, model development, and expansion of OpenAI's consumer and enterprise AI platform as it scales toward 1 billion weekly active users.
- Transaction Date: 3/30/2026
- Type: Acquisition/Merger
- Sector: Consumer Discretionary
- Transaction Value: $29.1B
- Participants: Sysco
Sysco agreed to acquire Jetro Restaurant Depot, the nation's leading Cash & Carry food wholesaler, for approximately $29.1 billion, gaining 166 warehouse locations across 35 states serving over 725,000 independent restaurants and foodservice operators. The deal expands Sysco into the $60–70 billion Cash & Carry channel, with the combined company generating nearly $100 billion in annual revenue and significant runway to open 125+ new Jetro locations nationwide.
- Transaction Date: 4/1/2026
- Type: Acquisition/Merger
- Sector: Information Technology
- Transaction Value: $14.2B
- Participants: Apollo
Intel agreed to repurchase Apollo's 49% equity stake in the joint venture tied to its Fab 34 semiconductor facility in Ireland for $14.2 billion, unwinding the 2024 financing arrangement that had provided Intel with capital flexibility during a critical phase of its advanced manufacturing buildout. The buyback, funded through cash on hand and approximately $6.5 billion in new debt, reflects Intel's strengthened balance sheet and realigns its capital structure as it advances its long-term foundry strategy.
- Transaction Date: 3/31/2026
- Type: Acquisition/Merger
- Sector: Health Care
- Transaction Value: $7.8B
- Participants: Eli Lilly
Eli Lilly agreed to acquire Centessa Pharmaceuticals for approximately $6.3 billion upfront plus up to $1.5 billion in contingent value rights, gaining a pipeline of orexin receptor 2 (OX2R) agonists — led by cleminorexton — showing best-in-class potential across narcolepsy and idiopathic hypersomnia. The deal expands Lilly's neuroscience portfolio into sleep-wake medicine, a mechanistically compelling area with potential applications across a broader range of neurological conditions.
- Transaction Date: 4/1/2026
- Type: Buyout/Private Equity
- Sector: Information Technology
- Transaction Value: $6.4B
- Participants: Hg
Hg completed its $6.4 billion acquisition of OneStream, taking the leading enterprise Finance management platform private alongside minority investors General Atlantic and Tidemark. The deal positions OneStream to accelerate its AI-driven product roadmap and global expansion for the Office of the CFO, with founder Tom Shea remaining as CEO.
- Transaction Date: 3/31/2026
- Type: Acquisition/Merger
- Sector: Health Care
- Transaction Value: $5.6B
- Participants: Biogen
Biogen agreed to acquire Apellis Pharmaceuticals for approximately $5.6 billion upfront plus contingent value rights tied to SYFOVRE® sales milestones, gaining two commercialized complement-targeting therapies — SYFOVRE® for geographic atrophy and EMPAVELI® for rare kidney diseases — that generated $689 million in combined 2025 revenue. The deal accelerates Biogen's expansion into nephrology and positions the company to maximize the commercial potential of both products alongside its Phase 3 felzartamab program.
- Transaction Date: 4/1/2026
- Type: Acquisition/Merger
- Sector: Financials
- Transaction Value: $3.2B
- Participants: Brookfield Wealth Solutions
Brookfield Wealth Solutions completed its £2.4 billion ($3.2 billion) acquisition of Just Group, a leading U.K. retirement services provider with over 700,000 customers and £30 billion in pension savings under management. The deal significantly expands Brookfield Wealth Solutions' international footprint and positions Just to capitalize on the U.K. pension risk transfer market, where an estimated £40–50 billion in pension liabilities are projected to transfer to insurers annually in the coming years.
- Transaction Date: 3/31/2026
- Type: Buyout/Private Equity
- Sector: Utilities
- Transaction Value: $2.48B
- Participants: Spire
Duke Energy completed the $2.48 billion sale of its Tennessee Piedmont Natural Gas business to Spire, transferring nearly 3,800 miles of pipelines and approximately 200,000 customers in the Greater Nashville area. Duke will use the net proceeds of $1.5 billion to help fund its $103 billion five-year capital investment plan focused on grid modernization and growing energy demand across its service territory.
- Transaction Date: 3/30/2026
- Type: Buyout/Private Equity
- Sector: Industrials
- Transaction Value: $2.4B
- Participants: Leidos
Leidos completed its $2.4 billion acquisition of ENTRUST Solutions Group from Kohlberg, effectively doubling its energy infrastructure presence by adding more than 3,100 professionals with expertise in electric grid engineering and natural gas infrastructure. The deal strengthens Leidos' position as a scaled end-to-end provider of grid modernization and power engineering services as utilities nationwide face accelerating load growth and reliability demands.
- Transaction Date: 3/30/2026
- Type: Buyout/Private Equity
- Sector: Energy
- Transaction Value: $2.25B
- Participants: 2PointZero
Abu Dhabi-based ePointZero, a subsidiary of Two Point Zero Group, agreed to acquire Traverse Midstream Partners for $2.25 billion, gaining strategic minority stakes in the Rover Pipeline and Ohio River System — two critical natural gas infrastructure assets serving Utica and Marcellus Shale production areas across the U.S. The deal expands ePointZero's North American energy infrastructure footprint as it deploys capital into assets supporting electrification, digitalization, and energy resilience.
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.
