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: 5/18/2026
- Type: Acquisition/Merger
- Sector: Information Technology
- Transaction Value: $6.75B
- Participants: Qualtrics
Qualtrics has completed its $6.75 billion acquisition of Press Ganey Forsta, the trusted standard for healthcare experience measurement relied upon by more than 41,000 healthcare facilities including the majority of U.S. hospitals, marking the largest tech acquisition in Utah history. The deal combines Press Ganey Forsta's decades of proprietary patient voice data and regulatory systems with Qualtrics' Experience Management AI platform to create the world's largest dataset for human experiential context, enabling healthcare providers to shift from reactive measurement to AI-driven predictive experience management.
- Transaction Date: 5/18/2026
- Type: Acquisition/Merger
- Sector: Materials
- Transaction Value: $3.86B
- Participants: Dhilmar
Anglo American has agreed to sell its portfolio of Australian steelmaking coal mines to privately held UK mining company Dhilmar for up to $3.875 billion in cash, comprising $2.3 billion upfront and a price-linked earnout of up to $1.575 billion, with proceeds earmarked for debt reduction. The deal completes Anglo American's exit from steelmaking coal — delivering aggregate proceeds of up to $4.9 billion including the prior sale of its Jellinbah mine interest — as part of its broader portfolio simplification strategy ahead of completing its merger with Teck.
- Transaction Date: 5/18/2026
- Type: Acquisition/Merger
- Sector: Health Care
- Transaction Value: $2.9B
- Participants: Neurocrine
Neurocrine Biosciences has completed its acquisition of Soleno Therapeutics for $53.00 per share in cash, representing a total equity value of $2.9 billion, adding VYKAT XR — the first and only FDA-approved therapy for hyperphagia in Prader-Willi syndrome — to its commercial portfolio alongside INGREZZA and CRENESSITY. The deal strengthens Neurocrine's position as a leader in endocrinology and rare disease, with VYKAT XR having generated $190 million in 2025 revenue following its launch and supported by intellectual property protection expected to extend into the mid-2040s.
- Transaction Date: 5/21/2026
- Type: Acquisition/Merger
- Sector: Energy / Real Estate
- Transaction Value: $2.6B
- Participants: Devon Energy
Devon Energy has acquired 16,300 net undeveloped acres in the core of the Delaware Basin in New Mexico through a BLM federal lease sale for approximately $2.6 billion, or roughly $161,500 per net acre, adding approximately 400 net drilling locations with favorable 87.5% net revenue interest terms and 10-year leases across all depths. The contiguous acreage is directly adjacent to Devon's existing Delaware Basin position, enabling longer laterals, multi-well pad development, and infrastructure cost sharing, with the transaction expected to be immediately accretive to net asset value per share and funded with cash on hand.
- Transaction Date: 5/21/2026
- Type: Buyout/Private Equity
- Sector: Industrials
- Transaction Value: $2.55B
- Participants: Parker Hannifin
KKR has agreed to sell CIRCOR Aerospace, the aerospace division of CIRCOR International, to Parker Hannifin for $2.55 billion — representing a strong return on KKR's $1.8 billion acquisition of the full CIRCOR business in 2023 — while retaining ownership of CIRCOR's Naval and Industrial businesses. The deal adds CIRCOR Aerospace's highly engineered, mission-critical fluid control, pneumatic, and actuation components across commercial aerospace and defense programs to Parker Hannifin's motion and control technology portfolio, marking KKR's fourth industrials realization of the year.
- Transaction Date: 5/17/2026
- Type: Acquisition/Merger
- Sector: Industrials
- Transaction Value: $2.55B
- Participants: Publicis
Publicis Groupe has agreed to acquire LiveRamp, a global data collaboration platform connecting over 25,000 publisher domains and 500+ technology partners across 14 markets, for a total enterprise value of $2.167 billion in cash at $38.50 per share — a 29.8% premium to LiveRamp's closing price prior to announcement. The deal positions Publicis as a leader in data co-creation for the agentic AI era, combining LiveRamp's collaborative clean rooms and data connectivity platform with Epsilon's identity capabilities to help enterprise clients build smarter, proprietary AI agents — with the transaction expected to be immediately accretive to headline EPS and prompting Publicis to raise its 2027–2028 growth objectives.
- Transaction Date: 5/18/2026
- Type: Growth Equity
- Sector: Health Care
- Transaction Value: $1.5B
- Participants: Boston Scientific
Boston Scientific has made a $1.5 billion strategic investment in MiRus LLC for approximately a 34% equity stake, along with an exclusive option to acquire MiRus' TAVR business outright for an additional $3 billion in aggregate payments upon achievement of certain clinical and regulatory milestones. The investment gives Boston Scientific access to the SIEGEL balloon-expandable TAVR system, a first-of-its-kind nickel-free valve built on a proprietary rhenium alloy frame currently in the STAR pivotal trial, designed to address aortic stenosis through a significantly smaller delivery sheath and more precise placement than currently available technology.
- Transaction Date: 5/19/2026
- Type: Acquisition/Merger
- Sector: Information Technology
- Transaction Value: $1.5B
- Participants: Analog Devices
Analog Devices has agreed to acquire Empower Semiconductor, a Silicon Valley-based integrated voltage regulator company, for $1.5 billion in an all-cash transaction, adding Empower's FinFast power delivery technology that enables high-density, high-efficiency power conversion closer to the processor for AI and compute-intensive applications. The deal strengthens ADI's power management platform as power density — not just total watts — has emerged as the critical constraint in scaling next-generation AI systems, with Empower's integrated voltage regulator programs already advancing in collaboration with leading hyperscalers and AI silicon providers.
- Transaction Date: 5/21/2026
- Type: Buyout/Private Equity
- Sector: Energy
- Transaction Value: $1.3B
- Participants: NextEra Energy
NextEra Energy has agreed to acquire Caliber Resource Partners, a U.S. oil and gas investment firm backed by Quantum Capital Group, for $1.3 billion, while simultaneously establishing a joint venture with Quantum to manage NextEra's U.S. shale assets. The deal gives NextEra greater access to domestic natural gas supplies at a strategically important moment, coming just days after its announced $67 billion merger with Dominion Energy, as surging data center power demand is expected to significantly increase natural gas consumption for electricity generation.
- Transaction Date: 5/21/2026
- Type: Acquisition/Merger
- Sector: Consumer Discretionary
- Transaction Value: $1B
- Participants: Authentic Brands Group
Authentic Brands Group has agreed to acquire the Lee denim brand from Kontoor Brands for undisclosed consideration, adding one of the most recognized names in global denim — with over a century of heritage and approximately $1.5 billion in annual retail-equivalent sales across 73 countries — to its global brand and entertainment platform. Upon closing, Authentic plans to convert Lee to a licensing model, leveraging its network of over 1,700 brand operator partners to expand the brand across content, experiences, and heritage-driven lifestyle categories.
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.
