Retail & Consumer

Party City

Thomas H. Lee Partners loaded Party City with debt from a 2012 leveraged buyout, preventing critical technology investments needed to compete online. Filed its second Chapter 11 in December 2024 and liquidated all ~700 U.S. stores. All administrative staff laid off upon filing.

FOUNDED
1986

Editorial Record

maintained by DeathbyPE. Every claim links to a public source.

Timeline

1986

Party City founded

2012

Acquired by Thomas H. Lee Partners

Community Reviews

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Firsthand accounts from email-verified contributors. Community reviews are separate from the editorial record above and are not independently fact-checked.

Tracked Locations

CA · 1

7582 Main St

San Diego, CA 92101 · 555-124-6150

GA · 1

2693 Main St

Atlanta, GA 30301 · 555-420-3380

NC · 1

5519 Main St

Charlotte, NC 28201 · 555-504-5576

PA · 1

2083 Main St

Philadelphia, PA 19019 · 555-702-6908