Private equity-backed restaurant chain Dave & Buster’s is taking another look at an IPO after talks over a potential sale fell through, according to Reuters.
The casual dining and arcade chain, which is owned by Oak Hill Capital Partners, was earlier this year reported to be in discussions with Canadian private equity firm Onex and cinema giant Cineplex, while Apollo Global was also said to be interested.
Dave & Buster’s files to raise up to $150m through an IPO in 2011, but scrapped those plans a year later. Oak Hill paid $570m for the company back in 2010.
Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster’s operates restaurant and entertainment venues, providing dining and amusements, including arcade video games.
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