Chuck E Cheese Stock Symbol Returns to Public Trading

Chuck E. Cheese's stock symbol has made a significant comeback to public trading. The company's parent, CEC Entertainment, Inc., was acquired by Apollo Global Management in 2014 and taken private, but it's now back on the public market.

CEC Entertainment, Inc. is now a subsidiary of Apollo Global Management, which owns approximately 83% of the company's outstanding shares. This means that a significant portion of the company's ownership is still controlled by Apollo Global Management.

Chuck E. Cheese's stock symbol, CEC, was listed on the NASDAQ stock exchange, and its shares began trading publicly again on December 10, 2021.

Chuck E. Cheese's is returning to the public markets after five years.

CEC Entertainment Inc., the parent company of Chuck E. Cheese's and Peter Piper Pizza, expects to begin trading on the New York Stock Exchange under the ticker “CEC” this quarter.

It's the first time since 2015 that a restaurant chain will go public in the United States.

The last public restaurant chain was Brazilian steakhouse chain Fogo de Chao.

Dave & Buster's Entertainment Inc., a food-and-arcade chain similar to Chuck E. Cheese's, has more than tripled its share price to $53 since it went public in 2014.

Apollo Global Management, the private equity firm that bought CEC in 2014, will be the company's largest shareholder, owning about 51%.

The executive team, including Chief Executive Tom Leverton, will continue to lead the company from its current headquarters in Irving, Texas.

Leo Holdings Corp., a special purpose acquisition company backed by London-based private equity firm Lion Capital, will be renamed Chuck E. Cheese Brands Inc.

Chuck E. Cheese's stock is returning to public trading after a five-year absence. CEC Entertainment Inc., the parent company, is expected to begin trading on the New York Stock Exchange under the ticker "CEC" this quarter.

The last time a restaurant chain went public in the US was in 2015, with Brazilian steakhouse chain Fogo de Chao. Chuck E. Cheese's has been owned by private equity firm Apollo Global Management since 2014.

Dave & Buster's Entertainment Inc., a similar food-and-arcade chain, has seen its share price triple to $53 since going public in 2014. This is a promising sign for Chuck E. Cheese's as it returns to public trading.

Apollo Global Management will be the largest shareholder of Chuck E. Cheese's, owning about 51% of the company. Lyndon Lea and Andrew Jhawar will co-chair the company's board.