Weil advised Dave & Buster’s Entertainment, an owner and operator of dining and entertainment venues, in its $94 million IPO and listing on the NASDAQ exchange. Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster's Entertainment, Inc., is the parent company of Dave & Buster's, Inc., an owner and operator of 70 venues in North America that combine dining and entertainment and offer customers the opportunity to "Eat Drink Play and Watch," all in one location.
The Weil team advising Dave & Buster’s on the IPO was led by Capital Markets partners Corey Chivers and Alexander Lynch and included Capital Markets associates Barbra Broudy, Jake Schneider and Daniel Evens; Private Equity partner Douglas Warner and associates Joshua Peck, John Godfrey, and Maxwell Copelan; Public Company Advisory Group counsel Lyuba Goltser; Tax partner Jared Rusman and associate Lane Morgan; Executive Compensation & Employee Benefits partner Amy Rubin and associate Adam Mendelowitz.
The Weil Capital Markets team has advised on several other noteworthy IPOs over the past year, including representing:
* Longtime client General Electric and Synchrony Financial (GE Capital’s North American retail finance business), one of the premier consumer financial services companies in the United States and the largest provider of private label credit cards in the United States (based on purchase volume and receivables), in Synchrony’s approximately $2.95 billion IPO and listing on the New York Stock Exchange, and in the related $3.6 billion senior notes offering and $9.5 billion term loan facilities. The IPO is the largest U.S. consumer finance IPO since the financial crisis.
* Goldman Sachs, Bank of America Merrill Lynch, J.P. Morgan and Morgan Stanley, as underwriters, in the $644 million initial public offering of CBS Outdoor Americas Inc., a provider of out-of-home advertising services, in advance of the planned spin-off of the CBS Outdoor business from CBS Corporation.
* AMC Entertainment Inc. (a subsidiary of Dalian Wanda Group Co. (China)), one of the largest theater chains in the United States and Canada, in its $379 million IPO.
* Papa Murphy's Holdings, Inc. (a portfolio company of Lee Equity Partners), an operator and franchisor of Take 'N' Bake pizza restaurants, in its $64 million initial public offering.