CCMP Capital Advisors has acquired a majority stake in women’s fashion retailer, Francesca’s Collections, Business Journal reports. The private equity firm is said to have invested between $200-400 million in the company.

The founders of New York-based CCMP Capital will continue to be involved in the management of the retailer. Francesca’s legal advisor on the deal was Locke, Lord, Bissell, Liddel, while O’Melveny & Myers acted as CCMP’s legal counsel, adds Business Wire.

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