PE Hub Staff

ValueClick will acquire Dotomi, the Chicago-based display media company, in a $295 million deal. Jefferies & Company, Inc. acted as exclusive financial advisor to Dotomi on this transaction. Dotomi was founded in 2003.

Tonka Bay Equity Partners, the Minnesota-based private equity firm, is selling The Resort Company, a vacation property rental company in Colorado, to Wyndham Vacation Rentals, part of the listed Wyndham Worldwide Co. Tonka Bay recapped the company in Sept. 2007.

Hooters Casino Hotel will seek financial restructuring through a Chapter 11 bankruptcy petition, the company revealed. The company is not affiliated to Hooters of America, which is majority-owned by HIG Capital, peHUB reported.

Private equity firm MidOcean Partners will acquire the South Beach Diet Brand partnership with its founder, Dr. Arthur Agatston. Specifics of the deal were not publicized. Under PE management, South Beach will launch a series of new products. South Beach Diet will be headquartered in Bonita Springs, Florida.

Would you invest in a company that only sold to one out of 80 leads? Or a company that typically took one year and three professionals just to close a single client? In fact, you’ve already made that investment: in your private equity or venture capital fund. According to our data, the median investor in private companies reviews over 80 opportunities in order to make one investment. The median private equity fund required 3.1 investment team members to close one transaction in one year....

Google will acquire The Dealmap, a little over a year after the company launched. Specifics of the deal were not publicized. Dealmap is a comparison shopping a daily deals network. Google did not publicize any specific plans for the deal.

Twitter confirmed on its company blog Monday that the company has taken another round of investment capital. The company did not specify all of its investors, a valuation or an overall price, but it did say "venture firm DST Global" led the round.

Merlin Media, the media company created through a joint venture between GTCR in partnership with Emmis Communications, will launch FM News 101.1 in Chicago, the city’s only 24-hour news station. Merlin recently brought on board Tribune vet Randy Michaels to lead the entity as CEO.

DoughMain, the service that works to combine family coordination and financial education, has completed a $5 million funding that will be used in its launch and expansion. The angel investors were not publicized.

Lucid Commerce, the TV targeting and measuring company, raised $8 million from a group of investors including Rho Ventures, StarVest Partners, Positec USA, OVP Venture Partners and Greycroft Partners LLC. Rho led the round. Doug McCormick, venture partner at Rho Ventures, will join the company’s board as part of the transaction.