Dave & Buster's Entertainment, Inc., the parent company of Dave & Buster's, Inc., a leading operator of high volume entertainment/dining venues, today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The securities to be offered in the proposed offering will include shares to be issued and sold by Dave & Buster's Entertainment, Inc. The offering is expected to be made through an underwriting group led by Goldman, Sachs & Co., Jefferies & Company, Inc. and Piper Jaffray & Co. Dave & Buster's Entertainment intends to use the net proceeds it receives from the offering to repay a portion of its outstanding debt.
When available, copies of the preliminary prospectus relating to the offering may be obtained from Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282, (Tel: 866-471-2526), Email: prospectus-ny@ny.email.gs.com; Jefferies & Company, Inc., Equity Syndicate Middle Office, Attn: Stephen M. Ficara, 520 Madison Avenue, 12th Floor, New York, NY 10022 (Tel: 212-284-3418), Email: sficara@jefferies.com; or Piper Jaffray & Co., Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, MN, 55402 (Tel: 800-747-3924), Email: prospectus@pjc.com.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About Dave & Buster's
In May 2010, Oak Hill Capital Partners and the Dave & Buster's management team formed a partnership to acquire Dave & Buster's. Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster's is the premier national owner and operator of 56 high-volume venues that offer interactive entertainment options for adults and families, such as skill/sports-oriented redemption games and technologically advanced video and simulation games, combined with a full menu of high quality food and beverages. Dave & Buster's currently has stores in 24 states and Canada.
Contacts:
Halliburton Investor Relations
Geralyn DeBusk, 972-458-8000