Dave & Buster’s Entertainment, Inc. (PLAY): A Bull Case Theory
We came across a bullish thesis on Dave & Buster’s Entertainment, Inc. (PLAY) on Twitter by northeasternsvf. In this article, we will summarize the bulls’ thesis on PLAY.
Founded in 2014 by Scott Ross, Hill Path Capital is a premier hedge fund management firm headquartered in New York. Specializing in discretionary investment advice and management services, the firm caters primarily to private investment funds.
Mr. Scott Ross, Founder and Managing Partner of Hill Path Capital, has served as a Partner at Apollo Management since 2004, focusing on private equity and debt investments across lodging, leisure, entertainment, consumer, and business services sectors. Before Apollo, Mr. Ross held roles in the Principal Investment Area at Goldman, Sachs & Co., and as a Member of the Principal Finance Group in the Fixed Income, Currencies, and Commodities Division of Goldman, Sachs & Company. He also spent time at Shumway Capital Partners from August 2008 to September 2009. Currently, Mr. Ross serves as the Chairman of the Board of Directors of SeaWorld Entertainment, Inc. He has previously held board positions at Diamond Eagle Acquisition Corp., Great Wolf Resorts, Inc., EVERTEC, Inc., and CEC Entertainment, Inc. (the parent company of Chuck E. Cheese’s and Peter Piper Pizza). Mr. Ross graduated magna cum laude from Georgetown University with a B.A. degree in Economics and was elected to Phi Beta Kappa.
Hill Path Capital, a distinguished hedge fund, serves 23 clients and manages discretionary assets totaling $4,071,207,821. Their latest 13F filing for Q1 2024 reported managing $2,334,281,324 in 13F securities, with a top 10 holdings concentration of 100.0%. Notably, Hill Path Capital's largest holding comprises 27,205,306 shares of United Parks & Resorts Inc.
