M&A Deal Summary

Party City Acquires iParty

On May 9, 2013, Party City acquired retailer iParty

Acquisition Highlights
  • This is Party City’s 2nd transaction in the Retail sector.
  • This is Party City’s 1st transaction in the United States.
  • This is Party City’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2013-05-09
Target iParty
Sector Retail
Buyer(s) Party City
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)

Target

iParty

Dedham, Massachusetts, United States
iParty Corp. is a retailer that operates 54 iParty retail stores in New England and Florida and an internet site (www.iparty.com) for costume and related goods and party planning. iParty’s aim is to make throwing a successful event both stress-free and fun.

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Buyer(S) 1

Buyer

Party City

Woodcliff Lake, New Jersey, United States
Category Company
Founded 1947
Sector Consumer Products
Employees5,700
Revenue 2.2B USD (2021)
DESCRIPTION

Party City is a designer, manufacturer, contract for manufacture and distributes party goods, including paper and plastic tableware, metallic balloons, accessories, novelties, gifts and stationery. Party City was founded in 1947 and is based in Woodcliff Lake, New Jersey.

DEAL STATS #
Overall 2 of 8
Sector (Retail) 2 of 4
Type (Add-on Acquisition) 2 of 7
State (Massachusetts) 1 of 1
Country (United States) 1 of 4
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-09 Party Packagers

Downsview, Ontario, Canada

Party Packagers is a retailer specializing in party supplies, themed partyware, loot bags and toys. It is a large chain and operates stores in Canada with 24 locations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-27 Party City of Arizona & New Mexico

Phoenix, Arizona, United States

Party City of Arizona and New Mexico is one of the largest franchisees in the Party City system, operating 19 stores in Greater Phoenix, Tucson, Albuquerque and Santa Fe. The stores offer a broad assortment of specialty party supplies and paper goods consisting of brand name and private label merchandise for a wide variety of seasonal and non-seasonal (everyday) occasions.

Buy -
Mergr

Product

Company

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