Private equity firm specializing in buyouts and growth equity investments CCMP Capital Advisors LLC has acquired a controlling interest in Francesca’s Collections Inc., a Houston, TX-based women’s fashion retailer.
The company’s founders will continue to be involved in its management.
Francesca’s Collections has become one of the nation’s fastest-growing women’s fashion retailers. With more than 160 boutique locations in 33 states, Francesca’s provides its shoppers with carefully chosen assortment of treasured items, including jewelry, handbags, gifts, accessories and apparel.
The investment will enable the company to enter the next phase of development and aggressively expand the number of stores.