SA News • Tue, Jan. 21
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Tue, Jan. 21, 5:50 PM
- Party City (PRTY) files for a $500M IPO. (S-1) Thomas Lee acquired a majority stake in the party-supply retailer from Advent International, Berkshire Partners, and Weston Presidio back in 2012 in a deal valued at $2.7B.
- Party City generated a net loss of $9.76M on revenue of $1.32B (+5.4% Y/Y) during the 9 months ended Sept. 30, 2013.
- The retailer was laden with $2.38B in total debt as of Sept. 30.
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