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DAVE AND BUSTERS TORONTO. CANADA (BEHIND THE SCENES)
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Dave & Buster's (D&B) is an American restaurant and entertainment business headquartered in Dallas, Texas. Today, we are in VAUGHN, ONTARIO exploring this exciting new location of Dave & Busters. Each Dave and Busters has a full-service restaurant and a video arcade. As of November 2014, the company has 73 locations across the United States and one restaurant in Canada. The company does not license the D&B concept internationally or domestically.
The first Dave & Buster's was opened in Dallas in 1982 by David Corriveau and James "Buster" Corley. In 1989, Edison Brothers Stores purchased a majority ownership in the restaurant to finance further expansion into other cities. Dave & Buster's was spun off from Edison Brothers, and went public with Andy Newman as chairman in 1995.
D&B acquired nine Jillian's locations after Jillian's filed for Chapter 11 Bankruptcy in 2004. Seven of these Jillian's locations have been re-branded with the Dave & Buster's name, while two of them were closed following the acquisition. The company announced on December 8, 2005, that it would be acquired by private equity firm Wellspring Capital Management.On July 16, 2008, Dave & Buster's Holdings Inc, filed with the SEC to again become a publicly traded company. The company had set a date for the Initial public offering IPO of October 5, 2012. However, it pulled out right before it opened. In June 2010, Oak Hill Capital Partners, in partnership with the company's management team, completed its acquisition of Dave & Buster's from Wellspring Capital Management.
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