Home / Knowledge / News / Fashion / CCMP invests in Houston-based Francesca's Collections
CCMP invests in Houston-based Francesca's Collections
Mar '10
Francesca's Collections Inc., the women's fashion retailer, and CCMP Capital Advisors LLC, announced that CCMP has acquired a controlling interest in Francesca's. The company's founders will continue to be involved in its management.

Headquartered in Houston, 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 an eclectic, carefully chosen assortment of treasured items, including jewelry, handbags, gifts, accessories and apparel.

Greg Brenneman, chairman of CCMP Capital, said, “We are impressed by Francesca's ability to grow its store base rapidly while maintaining its unique business model, culture and customer shopping experience. The company delivers industry-leading, store-level economics in terms of same store sales increases, cash on cash returns, sales per square foot and margins. We are excited to partner with the founders, including CEO John De Meritt, to execute a plan to aggressively expand the number of stores and build this unique brand.”

Francesca's CEO John De Meritt said, “With CCMP's extensive experience in leading retail companies, they are the ideal partner to help us take Francesca's to the next level. The CCMP team not only possesses a proven ability to grow entrepreneurial businesses, but they are also a great cultural fit. Knowing their prior successes and that we needed a strategic partner, I approached Greg to see if CCMP would be interested. CCMP's exceptional operating resources will truly benefit Francesca's as we enter the next phase of our development.”

Francesca's legal advisor was Locke, Lord, Bissell, Liddel, LLP. CCMP's legal counsel was O'Melveny & Myers LLP.

Founded in 1999, Francesca's is headquartered in Houston, Texas, and currently operates over 160 small-box specialty retail stores across 33 states. Francesca's provides an upscale, boutique-style shopping experience at affordable price points by offering apparel, jewelry, handbags, accessories, gifts, candles, frames, and other home goods.

CCMP Capital Advisors, LLC, is a leading global private equity firm specializing in buyouts and growth equity investments in companies ranging from $500 million to more than $3 billion in size. CCMP Capital focuses on five primary industries: Consumer/Retail; Industrial; Energy; Healthcare; and Media.

CCMP Capital Advisors LLC

Must ReadView All

US commerce department finds dumping of low melt PSF

Textiles | On 20th Jun 2018

US commerce department finds dumping of low melt PSF

The US department of commerce (USDC) has announced affirmative final...

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search