Dave & Buster's to be sold for $570 million

DALLAS Wellspring Capital Management LLC, the private-equity parent of Dave & Buster's Inc., is selling the 56-unit casual-dining chain to Oak Hill Capital Partners for $570 million, the companies said Monday.

The deal between Oak Hill and Wellspring, which has owned Dallas-based Dave & Buster's since 2006, is expected to close in the second quarter of 2010.Wellspring Capital Management LLC, the private-equity parent of Dave & Buster's Inc., is selling the 56-unit casual-din

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