Stratrix
On the Record · Party City Holdco

Party City Holdco acquisitions, on the record

The businesses Party City Holdco bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Stores acquired from franchisees/others
Word for word“Stores acquired from franchisees/others 6 6 58 Stores closed and sold (42 ) (100 ) (10 ) Stores open at end of year 746 777 866” 10-K for 2020
acquisition——
Canadian-based Party City stores
Word for word“The Company recorded a $2.9 million gain on sale of its Canadian-based Party City stores, which is reported in Other expense, net on the Consolidated Statement of Operations and Comprehensive (Loss) Income ( s ) Represents a loss on sale of ownership interest in Punchbowl (see Note 21, Fair Value Measurements, of Item 8, “Financial Statements and Supplementary Data” in this Annual Report on Form 10-K for further discussion) and certain property, plant and equipment, and a write-off of goodwill related to the Company’s sale of its Canadian-based Party City stores 41 Item 7.” 10-K for 2020
divestiture——
international operations
Word for word“(p) Note 6 – Disposition of Assets and Assets and Liabilities Held for Sale, the Company closed the previously disclosed sale of a substantial portion of its international operations.” 10-K for 2020
divestiture——
Franchise stores acquired in 2018 (Maryland, Pennsylvania, Minnesota, North Dakota and Texas)
Word for word“During March 2018, the Company acquired 11 franchise stores, which are located in Maryland, for total consideration (including non-cash consideration) of approximately $ 17,000 .” 10-K for 2020
acquisitionDuring March 2018approximately $ 17,000
Livario GmbH and Webdots GmbH
Word for word“In November 2019 the Company acquired all of the stock of two European-based online retailers, Livario GmbH and Webdots GmbH, for total cash consideration of approximately $ 9 million.” 10-K for 2020
acquisitionIn November 2019approximately $ 9 million
Independent stores in Texas (11 stores)
Word for word“During 2018, the Company took control of eight of the 11 stores, for total business combination consideration of approximately $ 4,400 .” 10-K for 2020
acquisitionDuring 2018approximately $ 4,400
international wholesale operations
Word for word“We also finalized the sale of our international wholesale operations providing us opportunity to increase our focus on our North American vertical model.” 10-K for 2021
divestiture——
Punchbowl, Inc. ownership interest
Word for word“In November 2019, the Company sold its ownership interest in Punchbowl.” 10-K for 2021
divestitureNovember 2019—
Ampology's interest in Kazzam, LLC
Word for word“On March 23, 2020, the Company agreed to purchase Ampology’s interest in Kazzam in exchange for a three-year royalty on net service revenue and a warrant to purchase up to 1,000,000 shares of the Company’s common stock.” 10-K for 2021
agreed acquisitionMarch 23, 2020a three-year royalty on net service revenue and a warrant to purchase up to 1,000,000 shares of the Company’s common stock
Canadian retail operations
Word for word“Additionally, in connection with the 2019 sale leaseback transaction and the sale of its Canadian retail operations, the Company used the net proceeds that remained uninvested on the anniversary date of each transaction to pay its term loan principal.” 10-K for 2021
divestiture——
Anagram
Word for word“On November 8, 2023, the Anagram Entities filed certain documents with the Anagram Bankruptcy Court disclosing that an agreement was reached with a group of their lenders as the “Stalking Horse” bidder to acquire substantially all of Anagram’s assets through a credit bid with a value of at least $ 175 million in a Section 363 transaction under the Bankruptcy Code, subject to higher or otherwise better offers and court approval.” 10-K for 2022
agreed divestitureNovember 8, 2023—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2016-12-31$31.8 million
2017-12-31$74.7 million
2018-12-31$65.3 million
2019-12-31$20.9 million
2020-12-31$3.3 million
2021-12-31$7 million
2022-12-31$157,000

Deal filings since 2016

Read from Party City Holdco’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2024-03-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.