PE-backed Dave & Buster’s sets pricing range for IPO

Dallas-based restaurant and entertainment chain Dave & Buster’s has priced its IPO of 5.88 million shares at between $16 and $18 per share. The company is planning on trading its stock on the NASDAQ under the ticker symbol “PLAY.” Jefferies and Piper Jaffray are serving as lead underwriters. Dave & Buster’s is a portfolio company of Oak Hill Capital Partners.

Kalanick arrives at the Time 100 gala celebrating the magazine's naming of the 100 most influential people in the world for the past year, in New York

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Dave & Buster’s President and COO Resigns

Dave & Buster’s, an entertainment/restaurant chain, said Thursday that Starlette Johnson has resigned as president, chief operating officer and director effective Sept. 30. Oak Hill Capital Partners, a PE shop with more than $8.4 billion of committed capital, bought Dave & Buster’s in June.

Oak Hill Buying Dave & Buster’s from Wellspring Capital

[UPDATE: The deal has been formally announced. Press release follows story]  PHILADELPHIA (Reuters) – Oak Hill Capital Partners plans to acquire Dave & Buster’s Inc for $570 million from Wellspring Capital Management, according to The Wall Street Journal.The chain, which combines restaurants with video games arcades, had been taken private in 2006 by Wellspring for about […]

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