Dave & Buster's Entertainment, Inc., an owner and operator of entertainment and dining venues, today announced the completion of its acquisition of Main Event from Ardent Leisure Group Limited and RedBird Capital Partners, following regulatory review and approval from Ardent Leisure shareholders. As previously announced in April 2022, the transaction was unanimously approved by both Boards of Directors. Chris Morris, the current CEO of Main Event has been named CEO of Dave & Buster’s and a member of its Board of Directors.
“We are very excited to officially welcome the Main Event team to Dave & Buster’s and to begin capitalizing on the enormous opportunity that this combination creates,” says Kevin Sheehan, Chairman of the Board. “These two brands perfectly complement each other, and their joining puts our Company in a strategically unparalleled position for accelerated, profitable growth under the leadership of Chris Morris. Chris’ track-record of effective execution and prudent leadership will be invaluable in unlocking additional value for our shareholders.”
Chris Morris, incoming CEO, says: “I am thrilled to be given the opportunity to lead Dave & Buster’s at such an exciting inflection point for the Company. We have created a combination of brands and people that will enhance our relationships with our guests and allow us to provide them with even better experiences. This is truly a transformational time for our Company, and I look forward to embarking on this journey. On behalf of the entire Dave & Buster’s family, I would like to thank Kevin for his leadership and recognize his success at accelerating change at the Company.”
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