Oak Hill Capital closes Dave & Buster's acquisition

by Eric Schroeder
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DALLAS — Private equity firm Oak Hill Capital Partners has completed its acquisition of Dave & Buster’s from Wellspring Capital Management, L.L.C. for approximately $570 million. Founded in 1982, Dave & Buster’s owns and operates 56 restaurant/entertainment venues in 24 states and Canada.

Dave & Buster’s menu includes appetizers, soups, salads, shrimp, chicken, pasta, steaks, ribs, burgers, sandwiches and desserts. The restaurant offers several “Eat & Play” combos that pair entrees with $10 game cards for $15.99, $17.99 or $19.99.

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