By AT Staff | October 5, 2012
DALLAS, Texas — Dave & Buster’s Entertainment, Inc., (“Dave & Buster’s”) announced that it has chosen not to
proceed with its planned initial public offering. Dave & Buster’s intends to withdraw its registration statement on Form S-1 as filed with the Securities and Exchange Commission.
“While we received significant interest from potential investors, current market conditions are not optimal for an IPO at this time,” said CEO Steve King.
Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster’s is a leading national owner and operator of 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 owns and operates 60 stores in 25 states and Canada.