Party City Holdco, the largest vertically-integrated party supply retailer with 900 stores in the US and Canada, raised $372 million by offering 21.9 million shares (100% primary) at $17, the high end of the $15-$17 range. At its offer price, Party City will have a fully diluted market cap of $2.0 billion and an enterprise value of $3.9 billion. Party City will list on the NYSE under the symbol PRTY. Goldman Sachs, BofA Merrill Lynch, Credit Suisse, Morgan Stanley, Barclays, Deutsche Bank and J.P. Morgan all acted as lead managers on the deal.
