Dave & Buster's is a popular chain of restaurants and entertainment venues that has been around for over 40 years. With its signature combination of dining, arcade games, and other attractions, Dave & Buster's has become a beloved destination for people of all ages. But who exactly owns this successful business? Let's take a closer look at the ownership structure of Dave & Buster's.
The history of Dave & Buster's dates back to 1982 when two businessmen, David Corriveau and Buster Corley, joined forces to open their first restaurant and arcade in Dallas, Texas. The concept was an instant hit, and the company quickly expanded throughout the United States. In 2004, Dave & Buster's went public, and its stock has been traded on the New York Stock Exchange ever since.
While Dave & Buster's is a publicly traded company, the majority of its shares are still owned by a group of private equity firms. These firms include Oak Hill Capital Partners, Kohlberg Kravis Roberts & Co. (KKR), and Bain Capital. Oak Hill Capital Partners is the largest shareholder, with a stake of approximately 30%. KKR and Bain Capital each own around 20% of the company.
who owns dave and busters
Dave & Buster's is a publicly traded company, but majority of shares are owned by private equity firms.
- Largest shareholder: Oak Hill Capital Partners
- Other major shareholders: KKR and Bain Capital
- Dave Corriveau and Buster Corley: Founders
- Went public in 2004
- Shares traded on New York Stock Exchange
- Headquarters in Coppell, Texas
- Over 140 locations in the United States and Canada
Dave & Buster's is a successful company with a strong brand identity. It is likely to continue to grow and expand in the years to come.
Largest shareholder: Oak Hill Capital Partners
Oak Hill Capital Partners is a private equity firm that specializes in leveraged buyouts and growth capital investments. The firm was founded in 1986 and is headquartered in New York City.
-
Ownership stake:
Oak Hill Capital Partners is the largest shareholder of Dave & Buster's, with a stake of approximately 30%. This means that Oak Hill Capital Partners has a significant amount of influence over the company's decisions.
-
Investment strategy:
Oak Hill Capital Partners typically invests in companies that have strong growth potential. The firm is known for its hands-on approach to investing, and it often works closely with management teams to help them grow their businesses.
-
Other investments:
In addition to Dave & Buster's, Oak Hill Capital Partners has invested in a variety of other companies, including AMC Theatres, Jamba Juice, and Michaels Stores.
-
History with Dave & Buster's:
Oak Hill Capital Partners first invested in Dave & Buster's in 2010. The firm has been a supportive shareholder, and it has helped the company to grow and expand.
Oak Hill Capital Partners is a major player in the private equity industry, and its investment in Dave & Buster's is a sign of the company's strong potential. Oak Hill Capital Partners is likely to continue to be a major shareholder of Dave & Buster's for many years to come.
Other major shareholders: KKR and Bain Capital
KKR and Bain Capital are two of the world's largest and most successful private equity firms. Both firms have a long history of investing in and growing businesses across a variety of industries.
KKR, founded in 1976, is known for its aggressive investment style and its focus on leveraged buyouts. The firm has invested in a wide range of companies, including Toys "R" Us, Dollar General, and First Data. KKR is also a major shareholder of Dave & Buster's, with a stake of approximately 20%.
Bain Capital, founded in 1984, is known for its more conservative investment approach and its focus on partnering with management teams to grow businesses. The firm has invested in a variety of companies, including Burger King, Staples, and Warner Music Group. Bain Capital is also a major shareholder of Dave & Buster's, with a stake of approximately 20%.
KKR and Bain Capital are both highly respected investment firms with a proven track record of success. Their investment in Dave & Buster's is a sign of the company's strong potential. KKR and Bain Capital are likely to be supportive shareholders of Dave & Buster's for many years to come.
Together, Oak Hill Capital Partners, KKR, and Bain Capital own a majority of Dave & Buster's shares. This gives them significant control over the company's decisions. It is likely that these three firms will continue to play a major role in Dave & Buster's future.
Dave Corriveau and Buster Corley: Founders
Dave Corriveau and Buster Corley are the two entrepreneurs who founded Dave & Buster's in 1982. They met while working at a restaurant in Dallas, Texas, and they quickly realized that they shared a passion for food, entertainment, and business.
-
Background:
Dave Corriveau has a background in business management, while Buster Corley has a background in culinary arts. Their complementary skills and interests made them a perfect team to start a restaurant and entertainment business.
-
Inspiration:
Corriveau and Corley were inspired to start Dave & Buster's after visiting a restaurant in California that had a small arcade. They realized that there was a market for a place where people could go to eat, drink, and play games all in one place.
-
First location:
The first Dave & Buster's location opened in Dallas, Texas, in 1982. The restaurant was an immediate success, and it quickly became a popular destination for people of all ages.
-
Expansion:
Corriveau and Corley began expanding Dave & Buster's in the early 1990s. The company opened new locations throughout the United States, and it eventually became a national chain.
Dave Corriveau and Buster Corley are the driving force behind the success of Dave & Buster's. Their vision and hard work have made the company one of the most popular restaurant and entertainment chains in the United States.
Went public in 2004
In 2004, Dave & Buster's made the decision to go public. This means that the company sold shares of its stock to the public, which allowed it to raise capital and expand its business.
There are several reasons why a company might decide to go public. One reason is to raise capital. When a company goes public, it can sell shares of its stock to investors. This gives the company a large amount of money that it can use to expand its business, pay off debt, or make other investments.
Another reason why a company might decide to go public is to increase its visibility and credibility. When a company goes public, it становится more well-known and it can attract a wider range of customers and investors. This can help the company to grow and succeed.
Going public can also be a way for the founders and early investors of a company to cash out some of their investment. When a company goes public, the shares of stock that the founders and early investors own can become worth a lot of money. This allows them to sell some of their shares and take some of their profits.
Dave & Buster's has been a successful public company since 2004. The company's stock price has performed well, and the company has continued to grow and expand. Dave & Buster's is now one of the most popular restaurant and entertainment chains in the United States.
Going public was a major milestone in the history of Dave & Buster's. It allowed the company to raise capital, increase its visibility, and attract a wider range of customers and investors. Dave & Buster's has been a successful public company since 2004, and it is likely to continue to be a successful company for many years to come.
Shares traded on New York Stock Exchange
Dave & Buster's shares are traded on the New York Stock Exchange (NYSE) under the ticker symbol "PLAY." The NYSE is the largest stock exchange in the world, and it is home to some of the most well-known companies in the world, such as Apple, Microsoft, and Amazon.
-
What does it mean for a company's shares to be traded on the NYSE?
When a company's shares are traded on the NYSE, it means that the company is publicly traded. This means that anyone can buy and sell shares of the company's stock. This can be done through a stockbroker or through an online trading platform.
-
How does trading on the NYSE benefit Dave & Buster's?
Trading on the NYSE benefits Dave & Buster's in several ways. First, it gives the company access to a large pool of potential investors. This makes it easier for the company to raise capital. Second, trading on the NYSE increases the visibility of the company. This can help the company to attract more customers and business partners.
-
Who are some of the major shareholders of Dave & Buster's?
The major shareholders of Dave & Buster's include Oak Hill Capital Partners, KKR, and Bain Capital. These three firms own a majority of the company's shares. This gives them significant control over the company's decisions.
-
How has the stock price of Dave & Buster's performed?
The stock price of Dave & Buster's has performed well since the company went public in 2004. The stock price has split several times since then, and it has consistently traded at a high price. This indicates that investors are confident in the future of the company.
Dave & Buster's is a successful public company. Its shares are traded on the New York Stock Exchange, and the company has a strong track record of growth and profitability. Dave & Buster's is likely to continue to be a successful company for many years to come.
Headquarters in Coppell, Texas
Dave & Buster's headquarters is located in Coppell, Texas, a suburb of Dallas. The company moved its headquarters to Coppell in 2004, after outgrowing its previous headquarters in Dallas. The Coppell headquarters is a state-of-the-art facility that houses the company's executive offices, finance department, marketing department, and other corporate functions.
Coppell is a convenient location for Dave & Buster's headquarters. The city is located in the Dallas-Fort Worth metroplex, which is one of the largest metropolitan areas in the United States. This gives Dave & Buster's easy access to a large pool of potential employees and customers.
The Coppell headquarters is also a reflection of Dave & Buster's commitment to innovation. The facility is equipped with the latest technology, and it provides a creative and collaborative work environment for employees. Dave & Buster's is constantly looking for new ways to improve its business, and the Coppell headquarters is a key part of that effort.
Dave & Buster's is a major employer in Coppell. The company employs over 1,000 people at its headquarters and in the surrounding area. Dave & Buster's is also a major contributor to the local economy. The company spends millions of dollars each year on payroll, rent, and other expenses.
Dave & Buster's is a proud member of the Coppell community. The company is involved in a variety of local charities and organizations. Dave & Buster's also hosts a variety of events and activities throughout the year that are open to the public.
Over 140 locations in the United States and Canada
Dave & Buster's has over 140 locations in the United States and Canada. The company's restaurants and entertainment venues are typically located in large shopping malls or other high-traffic areas. Dave & Buster's has a strong presence in major cities such as New York, Los Angeles, and Chicago. However, the company also has locations in smaller cities and towns across the country.
Dave & Buster's is constantly expanding its footprint. The company is always looking for new locations to open restaurants and entertainment venues. Dave & Buster's is also looking to expand into new markets. In recent years, the company has opened locations in Canada and Mexico.
Dave & Buster's success is due in part to its unique concept. The company offers a combination of dining, arcade games, and other attractions that appeals to people of all ages. Dave & Buster's also has a strong marketing strategy. The company frequently runs promotions and events to attract new customers.
Dave & Buster's is a popular destination for birthday parties, corporate events, and other special occasions. The company also offers a loyalty program that rewards customers for their repeat business. Dave & Buster's is a well-established brand with a loyal customer base. The company is likely to continue to grow and expand in the years to come.
Dave & Buster's is a major player in the restaurant and entertainment industry. The company's over 140 locations generate billions of dollars in revenue each year. Dave & Buster's is a popular destination for people of all ages, and the company is likely to continue to be successful for many years to come.
FAQ
Do you have questions about who owns Dave & Buster's? Here are some frequently asked questions and answers:
Question 1: Who are the major shareholders of Dave & Buster's?
Answer 1: The major shareholders of Dave & Buster's are Oak Hill Capital Partners, KKR, and Bain Capital.
Question 2: Where is Dave & Buster's headquarters located?
Answer 2: Dave & Buster's headquarters is located in Coppell, Texas, a suburb of Dallas.
Question 3: How many locations does Dave & Buster's have?
Answer 3: Dave & Buster's has over 140 locations in the United States and Canada.
Question 4: Who founded Dave & Buster's?
Answer 4: Dave & Buster's was founded by Dave Corriveau and Buster Corley in 1982.
Question 5: When did Dave & Buster's go public?
Answer 5: Dave & Buster's went public in 2004.
Question 6: Where are Dave & Buster's shares traded?
Answer 6: Dave & Buster's shares are traded on the New York Stock Exchange under the ticker symbol "PLAY."
Question 7: Is Dave & Buster's a successful company?
Answer 7: Yes, Dave & Buster's is a successful company. The company has been profitable for many years, and it has a strong brand identity. Dave & Buster's is likely to continue to be successful for many years to come.
We hope this FAQ has answered your questions about who owns Dave & Buster's. If you have any other questions, please feel free to contact us.
In addition to the information in the FAQ, here are a few additional tips for learning more about who owns Dave & Buster's:
Tips
Here are a few tips for learning more about who owns Dave & Buster's:
Tip 1: Visit the Dave & Buster's website.
The Dave & Buster's website has a section called "About Us" that provides information about the company's history, management team, and major shareholders.
Tip 2: Read news articles and press releases about Dave & Buster's.
News articles and press releases can provide information about the company's financial performance, new products and services, and other developments. You can find these articles and press releases on the Dave & Buster's website or on financial news websites.
Tip 3: Check the U.S. Securities and Exchange Commission (SEC) website.
The SEC is a government agency that regulates public companies. Dave & Buster's is a public company, so it is required to file certain financial and other information with the SEC. You can find this information on the SEC's website.
Tip 4: Contact Dave & Buster's investor relations department.
Dave & Buster's has an investor relations department that is responsible for communicating with investors and analysts. You can contact the investor relations department by email or phone to request information about the company.
By following these tips, you can learn more about who owns Dave & Buster's and how the company is performing.
Now that you know who owns Dave & Buster's, you can learn more about the company's history, financial performance, and future plans.
Conclusion
Dave & Buster's is a popular chain of restaurants and entertainment venues that has been around for over 40 years. The company is owned by a group of private equity firms, including Oak Hill Capital Partners, KKR, and Bain Capital. Dave & Buster's has over 140 locations in the United States and Canada, and it is headquartered in Coppell, Texas.
Dave & Buster's is a successful company with a strong brand identity. The company has been profitable for many years, and it has a loyal customer base. Dave & Buster's is likely to continue to be successful for many years to come.
We hope this article has answered your questions about who owns Dave & Buster's. If you have any other questions, please feel free to contact us.
Thank you for reading!