Dave & Buster's

Dave & Buster's

Dave & Buster's (D&B) is an American restaurant and entertainment business headquartered in Dallas, Texas. Each D&B has a full-service restaurant and a video arcade. As of April 1, 2012, the company had 59 locations across the United States and one in Canada. The company also licenses the D&B concept internationally through area licensing agreements. D&B acquired nine Jillian's locations after Jillian's filed for Chapter 11 Bankruptcy in 2004. Seven of these Jillian's locations have been re-branded with the Dave & Buster's name, while two of them were closed following the acquisition. The company announced on December 8, 2005, that it would be acquired by private equity firm Wellspring Capital Management. On July 16, 2008, Dave & Buster's Holdings Inc, filed with the SEC to again become a publicly traded company. The company had set a date for the IPO of October 5, 2012. However, it pulled out right before it opened. In June 2010, Oak Hill Capital Partners, in partnership with the company's management team, completed its acquisition of Dave & Buster's from Wellspring Capital Management.