Oak Hill Celebrating At Dave & Buster's
June 3, 2010- Share:
Oak Hill Capital Partners has completed its buyout of Dave & Buster's from Wellspring Capital Management for $570 million. The deal was financed with a $200 million issuance of 11% Senior Notes due 2018 and a new senior secured credit facility consisting of a $150 million term loan and a $50 million revolver from JP Morgan and Jefferies & Company. Dave & Buster's is a full-service restaurant with interactive entertainment such as video and simulation games for adults and families.
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