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.
1. Filtration Group - Strategic Acquisition
- Transaction Date: 11/11/2025
- Type: Merger and Acquisition
- Sector: Industrials
- Transaction Value: $9.25B
- Participants: Parker Hannifin
Parker Hannifin Corporation has agreed to acquire Filtration Group Corporation for $9.25 billion to significantly expand its industrial filtration and aftermarket offerings, with the deal expected to close within six to twelve months pending regulatory approvals. The acquisition is projected to enhance Parker’s growth and profitability through strong recurring revenues, synergistic technologies, and an estimated $220 million in cost synergies by year three.
2. Cidara Therapeutics - Strategic Acquisition
- Transaction Date: 11/14/2025
- Type: Merger and Acquisition
- Sector: Health Care
- Transaction Value: $9.2B
- Participants: Merck
Merck has agreed to acquire Cidara Therapeutics for approximately $9.2 billion to bolster its pipeline with CD388, a late-stage, long-acting antiviral candidate designed to prevent influenza in high-risk individuals. The acquisition supports Merck’s strategy to expand its respiratory portfolio and is expected to close in early 2026, pending regulatory and shareholder approvals.
3. Metsera - Strategic Acquisition
- Transaction Date: 11/13/2025
- Type: Merger and Acquisition
- Sector: Health Care
- Transaction Value: $7B
- Participants: Pfizer
Pfizer has completed its $7 billion acquisition of Metsera, gaining access to a pipeline of next-generation obesity and cardiometabolic treatments, including late-stage GLP-1 and amylin-based therapeutics. This move strengthens Pfizer’s Internal Medicine portfolio and positions the company as a major player in the rapidly expanding obesity treatment market.
4. L'Oréal - Structured Credit
- Transaction Date: 11/12/2025
- Type: Debt Finanicng
- Sector: Consumer Staples
- Transaction Value: $3.47B
- Participants: Société Générale, Natixis, J.P. Morgan, Citi
L’Oréal has successfully priced a €3 billion triple-tranche bond offering to support general corporate purposes, including part of the financing for its acquisition of Kering Beauté. The issuance includes short-, mid-, and long-term bonds with varying coupon rates and will be listed on Euronext Paris starting November 19, 2025.
5. Cursor - Series D
- Transaction Date: 11/13/2025
- Type: Growth Equity
- Sector: Information Technology
- Transaction Value: $2.3B
- Participants: Thrive, a16z, Accel, DST, Coatue, NVIDIA, Google
Cursor has raised $2.3 billion in a Series D funding round, reaching a $29.3 billion valuation, with backing from major investors including Thrive, a16z, NVIDIA, and Google. The funding will accelerate research, product development, and enterprise expansion, reinforcing Cursor’s position as a leading AI platform transforming how software is built and maintained.
6. JTC PLC - Take-Private
- Transaction Date: 11/10/2025
- Type: Buyout/Private Equity
- Sector: Financials
- Transaction Value: $2.3B
- Participants: Permira
Permira, through its newly formed entity Papilio Bidco, has agreed to acquire JTC PLC in a £2.3 billion cash deal, valuing the enterprise at approximately £2.7 billion and offering shareholders a 49.4% premium. The acquisition, backed by JTC’s board, aims to accelerate the company’s growth and technology investments outside the constraints of public markets, with completion expected in Q3 2026 pending approvals.
7. Novaria Group - Secondary Buyout
- Transaction Date: 11/10/2025
- Type: Buyout/Private Equity
- Sector: Industrials
- Transaction Value: $2.2B
- Participants: Arcline Investment Group
Arcline Investment Management has agreed to acquire Novaria Group from KKR in a $2.2 billion deal, following a period of significant growth under KKR's ownership, including 13 acquisitions and tripling in size. The transaction reflects strong performance and employee engagement, with over 1,600 employees set to receive cash payouts upon closing, pending regulatory approvals.
8. Legato Merger Corp. III - Reverse Merger
- Transaction Date: 11/12/2025
- Type: Merger and Acquisition
- Sector: Financials
- Transaction Value: $1.8B
- Participants: Einride
Einride, a Swedish developer of digital, electric, and autonomous freight technology, is going public via a merger with Legato Merger Corp. III at a $1.8 billion valuation. The deal, expected to close in the first half of 2026, will support Einride’s continued growth in autonomous freight, backed by a $65 million ARR base, $800 million in long-term customer contracts, and up to $319 million in new capital.
9. NIBC Bank - Strategic Acquisition
- Transaction Date: 11/12/2025
- Type: Merger and Acquisition
- Sector: Specialized Finance
- Transaction Value: $1.11B
- Participants: ABN Amro
ABN AMRO has agreed to acquire NIBC Bank from Blackstone for approximately €960 million, aiming to strengthen its retail banking and mortgage presence in the Dutch market. The acquisition, expected to close in the second half of 2026 pending regulatory approvals, is projected to enhance profitability and deliver strategic synergies with low execution risk.
10. Quirch Foods - Direct Lending
- Transaction Date: 11/12/2025
- Type: Credit
- Sector: Consumer Staples
- Transaction Value: $1.1B
- Participants: Ares U.S. Direct Lending, Regions Bank
Quirch Foods has completed a $1.1 billion strategic debt refinancing led by Ares and Regions Bank, enhancing its financial flexibility to support growth through investments in brands, technology, and future acquisitions. The new structure strengthens the company’s balance sheet and expands its lending capacity as it continues to scale operations across the U.S., Caribbean, and Latin America.
Transactions with Dakota Marketplace
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.
