Is it too soon for Dave & Buster’s to go public?
Not at all. A little over a year ago, Oak Hill Capital Partners completed its $570 million buy of Dave & Buster’s, an interactive entertainment and restaurant chain, from Wellspring Capital Management. Oak Hill invested $240 million equity in the deal, sources have previously told peHUB.
Dave & Buster’s–which operates “high volume entertainment/dining complexes”–filed for an IPO that could raise as much as $150 million, according to a July 15 regulatory filing. The company didn’t disclose how many shares they would sell, their price range or on what exchange they would list. That information will come in future filings. However, Dave & Buster’s does plan to trade under the ticker “PLAY,” according to the filing.