Release Details

DALLAS, Sept. 8, 2014 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., the parent company of Dave and Buster's, Inc., ("Dave & Buster's"), an owner and operator of entertainment/dining venues, today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (the "Commission") relating to the proposed initial public offering of its common stock. The registration statement represents Dave & Buster's Entertainment, Inc.'s initial public filing pursuant to the provisions of the Jumpstart our Business Startups (JOBS) Act of 2012. The number of shares to be offered and the price range for the proposed offering have not yet been determined.  Dave & Buster's has applied to list its common stock on The NASDAQ Stock Market LLC ("NASDAQ") under the symbol "PLAY".

Jefferies LLC, Piper Jaffray & Co., William Blair & Company, LLC, Raymond James & Associates and Stifel are acting as book-runners for the proposed offering. LOYAL3 Securities, Inc. is acting as co-manager for the proposed offering.

A registration statement on Form S-1 relating to the proposed offering has been filed with the Securities and Exchange Commission but has not yet become effective.  The shares to be registered may not be sold nor may offers to buy be accepted prior to the time when the registration statement becomes effective.  Copies of the registration statement can be accessed through the Commission's website at www.sec.gov.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  

The offering is being made only by means of a prospectus.  A copy of the prospectus related to the offering may be obtained, when available, by contacting Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by calling toll-free 877.547.6340 or by email to Prospectus_Department@Jefferies.com; Piper Jaffray & Co., Attention: Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402, by calling toll-free 800.747.3924 or by email to prospectus@pjc.com.

About Dave & Buster's Entertainment, Inc.

Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster's Entertainment, Inc., is the parent company of Dave and Buster's, Inc., an owner and operator of 69 entertainment/dining venues that provide both adults and families the opportunity to "Eat Drink Play and Watch" all in one location. Dave & Buster's offers a full menu of "Fun American New Gourmet" entrées and appetizers, a full selection of non-alcoholic and alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events. Dave & Buster's currently has stores in 26 states and Canada. 

Forward Looking Statements

The statements contained in this release that are not historical facts are forward-looking statements. These forward-looking statements involve risks and uncertainties and, consequently, could be affected by our level of indebtedness, general business and economic conditions, the impact of competition, the seasonality of the company's business, adverse weather conditions, future commodity prices, guest and employee complaints and litigation, fuel and utility costs, labor costs and availability, changes in consumer and corporate spending, changes in demographic trends, changes in governmental regulations, unfavorable publicity, our ability to open new stores, and acts of God. Dave & Buster's intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more appropriate information becomes available, except as required by law.

CONTACT: For Investor Relations Inquiries:

         Raphael Gross of ICR

         203.682.8253

         

         For Media Relations Inquiries:

         Liz DiTrapano of ICR

         646.277.1226