Oak Hill-backed Dave & Buster’s files for $150m IPO


Private equity-backed restaurant chain Dave & Buster's Entertainment is targeting an IPO of up to $150m.

The company is owned by US private equity investor Oak Hill Capital Partners which acquired the company for $570m in 2010.

Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster’s operates restaurant and entertainment venues offering dining and amusements, including arcade video games.

Oak Hill manages more than $8.4bn. Earlier this month the firm signed an agreement to sell portfolio company Primus International to Precision Castparts for $900m.

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