M&A Deal Summary

Party City Acquires Party City of Arizona & New Mexico

On January 27, 2016, Party City acquired retailer Party City of Arizona & New Mexico

Acquisition Highlights
  • This is Party City’s 3rd transaction in the Retail sector.
  • This is Party City’s 2nd transaction in the United States.
  • This is Party City’s 1st transaction in Arizona.

M&A Deal Summary
Date 2016-01-27
Target Party City of Arizona & New Mexico
Sector Retail
Buyer(s) Party City
Deal Type Add-on Acquisition
Advisor(s) VRA Partners LLC (Financial)

Target

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.

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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 3 of 8
Sector (Retail) 3 of 4
Type (Add-on Acquisition) 3 of 7
State (Arizona) 1 of 1
Country (United States) 2 of 4
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-09 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-14 Festival SA

France

Festival SA is a manufacturer of costumes and accessories.

Buy $5M
Mergr

Product

Company

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