They first went public in 1995.
In 1989, Edison Brothers Stores purchased a majority ownership in the restaurant to finance further expansion into other cities.[5] Dave & Buster's was spun off from Edison Brothers, and went public with Andy Newman as chairman in 1995.[7] By 1997 the chain had ten locations across the country.[8]
Each new Dave & Buster's cost about $10 million to build and furnish, and this was proving to be a drain on Edison Brothers. In 1995, the majority owner spun off its interest in Dave & Buster's to its shareholders. Following the spin-off, Dave & Buster's went public, selling nearly $30 million in stock on the NASDAQ under the symbol DANB. Andy Newman, who resigned as CEO of Edison Brothers, became chairman of the new company, with Corriveau and Corley as co-chief executives.