Biography
Who was James “Buster” Corley? Biography, Age, Career, Family, Net worth, Early Life, Weight, Height
James “Buster” Corley is 72 years old at the age of his death. He holds an American Nationality and he belongs to the white ethnicity. “James ‘Buster’ Corley’s a co-founder of Dave & Buster’s restaurant company, is believed that he a wealthy individual. Some speculate that his net worth was around $19 million as of […]
James “Buster” Corley is 72 years old at the age of his death. He holds an American Nationality and he belongs to the white ethnicity.
“James ‘Buster’ Corley’s a co-founder of Dave & Buster’s restaurant company, is believed that he a wealthy individual. Some speculate that his net worth was around $19 million as of 2023.”
Dave & Buster’s was started in 1982 by David Corriveau and James. In the past, Corriveau’s saloon and gaming parlor Cash McCool’s was located next door to Corley’s bar Buster’s in Little Rock, Arkansas. Both were close friends who decided to combine their resources to launch Dave & Buster’s, a restaurant-arcade hybrid.
After they established the company, Corley and Corriveau worked as co-CEOs. Seven years after the company’s founding, in 1989, Edison Brothers Stores bought a majority stake in it, enabling it to open more sites all across the country. In the United States, Dave & Buster’s had 10 locations by 1997. Another restaurant and entertainment business, Jillian’s, was about to file for Chapter 11 bankruptcy in 2004, and D&B bought nine of Jillian’s locations to help.
The remaining two Jillian’s locations closed, and seven of them were rebranded and given new names under Dave & Buster’s. In 2018, Jillian’s finally closed its doors. D&B was purchased by the private equity company Wellspring Capital Management on December 8, 2005. D&B submitted a filing with the SEC on July 16, 2008, in order to become public.
The firm had planned to go public on October 5, 2012, however, it dropped out before that date could be reached. The purchase of Dave & Buster’s from Wellspring Capital Management was finalized in June 2010 by Oak Hill Capital Partners and the company’s management team. Due to the COVID-19 crisis’ escalation, D&B had almost all of its outlets shuttered by March 2020. After a year, businesses slowly started to reopen.
Dave is James “Buster” Corley’s partner who died in 2015 at the age of 63. During his presidency, they established the 75-unit idea.
