M&A Deal Summary

Party City Acquires Party Galaxy

On December 19, 2017, Party City acquired retailer Party Galaxy for 6M USD

Acquisition Highlights
  • This is Party City’s 4th transaction in the Retail sector.
  • This is Party City’s 2nd largest (disclosed) transaction.
  • This is Party City’s 4th transaction in the United States.
  • This is Party City’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2017-12-19
Target Party Galaxy
Sector Retail
Buyer(s) Party City
Deal Type Add-on Acquisition
Deal Value 6M USD

Target

Party Galaxy

Oklahoma, United States
MG Novelty Corp. is an own and operator of seven retail stores under the name “Party Galaxy”. MG Novelty is based in Oklahoma.

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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 8 of 8
Sector (Retail) 4 of 4
Type (Add-on Acquisition) 7 of 7
State (Oklahoma) 1 of 1
Country (United States) 4 of 4
Year (2017) 4 of 4
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-27 Print Appeal

Dallas, Texas, United States

Print Appeal, Inc. is a manufacturer and wholesaler of printed personalized products. Print Appeal is based in Dallas, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-04 Amscan International

Milton Keynes, United Kingdom

Amscan International is a designer, manufacturer, distributor and omnichannel retailer of party products and supplies. Amscan International includes wholesale, manufacturing, retail and e-commerce businesses in the U.K., Ireland, Germany, Australia, New Zealand and Asia.

Sell $45M