Data sourced from Dakota Private Markets, the private fund performance platform powered by Dakota. Learn More | Request Access
For deal sourcers, staying current on private company activity is critical to spotting active buyers, tracking market trends, and uncovering emerging investment opportunities ahead of competitors.
In September alone, we added more than 2,700+ new private company transactions, bringing the total to over 32,000+ searchable deals across sectors, industries, and transaction types in Dakota Private Markets
Inside Dakota Private Markets, you’ll find the transactions tab that provides structured, filterable data on deal types, values, and dates, while our editorial team curates daily updates through the Dakota transactions newsletter, helping you cut through the noise and focus on what matters most.
To ensure the most comprehensive coverage of private market activity, Dakota’s team monitors over 10,000 websites including company websites, newswires, and numerous third-party news providers to capture and verify transaction data as it happens.
Below are the top 10 information technology transactions.
A KKR-led consortium with Singtel completed its acquisition of the remaining 82% of ST Telemedia Global Data Centres (STT GDC) from ST Telemedia for S6.6billion(aboutUS5.1 billion), an implied enterprise value of about S13.8billion(US10.9 billion). STT GDC is now wholly owned by a vehicle held 75% by KKR and 25% by Singtel, following the conversion of their existing preference shares. The platform has 2.3GW of design capacity across 12 markets in Asia Pacific, the UK, and Europe, and its development pipeline has grown to over 1.7GW.
Mistral raised €3 billion in a Series D at a post-money valuation of more than €21 billion, the largest equity round ever completed by a European technology company. Samsung Electronics led, with co-leads Scaleup Europe Fund (managed by EQT) and existing investor PSG Equity, and new investors include Advent, BlackRock-managed funds, and the Grand Duchy of Luxembourg. The capital will expand frontier research and compute capacity, and support growth across the company’s 20 countries and 125+ enterprise customers, including Airbus, ASML, and HSBC.
newcleo, a developer of advanced modular lead-cooled reactors and MOX nuclear fuel, closed its business combination with SPAC NewHold Investment Corp III at a pre-money equity value of about $2.4 billion, and began trading on Nasdaq as “NWCL” on September 22, 2026. The deal delivered about $247 million of gross proceeds, made up of an oversubscribed $216 million PIPE and $31 million from NewHold’s trust account, with up to $75 million more available under a forward purchase agreement. Existing shareholders rolled over 100% of their equity, and the capital will fund its Italian demonstrator, U.S. and French regulatory work, and commercial deployment in the U.S. and Europe.
EQT X agreed to acquire a majority stake in McGill and Partners, a specialty (re)insurance broker founded in 2019, from Warburg Pincus for USD 2.0 billion, with Warburg selling its equity in full. Founder and CEO Steve McGill will continue to lead the firm, and management and colleagues will reinvest alongside EQT through a new Equity Participation Plan. McGill and Partners has revenues above $250 million, more than 600 colleagues across seven countries, and over 1,000 clients, and EQT plans to accelerate organic growth through talent recruitment and technology and data investment.
Cognition, the AI software engineering company behind Devin, raised over $2 billion in a Series E at a $48 billion valuation, led by new investors Andreessen Horowitz and Accel alongside existing investors Founders Fund, General Catalyst, and Avenir. Run-rate revenue has grown from $492 million in May to almost $900 million, with customers including NVIDIA, GE Aerospace, Citi, and Mercedes-Benz. The company has been opening offices internationally, in cities including Tokyo, Singapore, London, and São Paulo, as it scales Devin’s agent products.
Want to track information technology deal activity like this as it happens? Explore the full transactions tab in Dakota Private Markets for real-time, filterable data on every deal in this sector.
CVC, through its Strategic Opportunities platform, agreed to acquire a minority stake in CDN77, a Czech internet infrastructure and content delivery company, in a deal that Reuters sources say values it at around $1.9 billion. Founder and CEO Zdeněk Cendra retains a majority stake and stays on as CEO. CDN77 operates a network of more than 230 locations with 330 Tbps of capacity, and the funding will support growth in content delivery as well as storage, edge compute, and CPU/GPU infrastructure for AI workloads. Stake size and financial terms were not disclosed, and completion is subject to regulatory approvals.
Fluidstack, a London-founded AI data center and neocloud provider, reportedly closed a $1.5 billion round at an $18 billion valuation on September 3, 2026, led by quantitative trading firm Jane Street. The valuation more than doubles the roughly $7.5 billion set in July, when it raised $750 million, and brings total disclosed funding to over $2.6 billion. Fluidstack has not issued its own press release, so the figures rest on reporting from Forbes and Crunchbase News.
Epiris, through its acquisition vehicle Bradbury Bidco Limited, agreed to a recommended cash offer for Gamma Communications plc, a FTSE 250 provider of business communications technology in the UK, Germany, and across Europe, at 1,120 pence per share. The price implies an equity value of about £1.015 billion and an enterprise value of about £1.079 billion, a 53% premium to the undisturbed April 7, 2026 close, with HarbourVest and Limewood Capital co-investing. The Gamma board intends to recommend the deal unanimously, which will proceed by court-sanctioned scheme of arrangement and is expected to complete in the first half of 2027, subject to shareholder, court, and regulatory approvals.
Bending Spoons agreed to acquire Miro, the collaborative online workspace, in an all-cash deal at an enterprise value of $1.355 billion, or about $1.79 billion in equity value including Miro’s net cash. Certain Miro shareholders will reinvest $295 million of their proceeds into newly issued Bending Spoons equity. Miro has about $600 million in annual recurring revenue, with nearly 90% from business and enterprise customers, and the deal is expected to close in the fourth quarter of 2026, subject to regulatory approvals.
Analog Devices agreed to acquire Alif Semiconductor, a maker of AI-native microcontrollers and fusion processors for edge devices, in an all-cash deal for $1.35 billion upfront, plus up to $200 million in contingent consideration. The acquisition adds a digital processing platform to ADI’s analog portfolio to deliver “Physical Intelligence” systems across industrial, data center, defense, robotics, and wearable applications. It is expected to close before the end of 2026, subject to Hart-Scott-Rodino clearance and other customary conditions.
At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team continuously monitors the news for real-time updates on platform investments, add-ons, divestitures, and more to deliver daily highlights straight to your inbox through our transactions newsletter.
Inside Dakota Private Markets, the transactions tab provides structured, filterable data with deal dates, types, sectors, and financials, allowing you to build a customized feed that aligns with your focus areas.
Whether you're evaluating a new investment opportunity or tracking trends within a target sector, Dakota 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, request access to Dakota Private Markets.