Dave & Busters (DAB) Message Board

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Non-Tech : Dave & Busters (DAB)

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From: Glenn Petersen	5/3/2010 8:14:11 PM
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Dave & Busters changes hands: Dave & Busters to be sold for $570M Published on May 3, 2010 1:57 PM Associated Press \| The private equity firm that owns Dave & Buster's is selling the restaurant and arcade chain to another firm in a deal worth $570 million. The deal was announced Monday by seller Wellspring Capital Management, new owner Oak Hill Capital Partners and the restaurant chain. After the deal, Dave & Buster's current management team will also own a stake. Oak Hill's portfolio includes retailer The Container Store and TravelCenters of America. Wellspring bought the company in 2006 in a deal worth $375 million, including the assumption of debt. The deal is expected to close in the second quarter chicagobreakingbusiness.com

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