The popular FEC operator Dave & Buster expanded and acquired Main Event from Ardent Leisure Group and RedBird Capital Partners.
The boards of both parties have unanimously approved the transaction, with current Main Event CEO Chris Morris appointed CEO of Dave & Buster’s and a member of its board.
Chairman Kevin Sheehan said: “We are delighted to officially welcome the Main Event team to Dave & Buster’s and begin to take advantage of the fantastic opportunity created by this combination.
“The two brands complement each other perfectly and their additions position our company under Chris Morris’ leadership in an unsurpassed strategic position for accelerated and profitable growth.
“Chris’ track record of effective execution and prudent leadership will be invaluable in creating additional value for our shareholders.”
New CEO Chris Morris said: “I am delighted to have the opportunity to lead Dave & Buster’s at such an exciting time for the business. We have created a portfolio of brands and people that will strengthen our relationship with our customers and enable us to give them a better experience.
“It has truly been a time of change for our business and I look forward to embarking on this journey. On behalf of the entire Dave & Buster family, I would like to thank Kevin for his leadership and acknowledge his success in the accelerating change in business. ”