Friday, March 17, 2017

Party City buys franchise stores

Party City Holdco Inc. is increasing its corporate-owned store count.
 
The company has entered into an agreement to acquire a master franchise group representing 18 franchise stores in North Carolina and South Carolina for a purchase price of $31 million.
 
Prior to the acquisition, the company’s retail operations included 765 company-owned Party City stores and 164 franchise stores.. . . more

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