1851

<a href="https://www.riversidecompany.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">The Riverside Company</a>, the global investment firm, has announced the acquisition of&nbsp;<a href="https://1851franchise.com/frenchies">Frenchies Modern Nail Care</a>, the rapidly expanding nail care franchise with 24 locations across the country, according to&nbsp;<a href="https://www.franchisetimes.com/franchise_news/riverside-buys-frenchies-modern-nail-care-marking-pe-firm-s-50th-franchise-investment/article_5e69785e-83fc-11ee-94fa-07209a9c6d87.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">Franchise Times</a>.&nbsp;This acquisition marks Riverside's 50th in the franchise sector and adds Frenchies to its personal care services platform, joining another brand,&nbsp;<a href="https://www.franchisetimes.com/franchise_mergers_and_acquisitions/riverside-to-expand-salon-concept-bishops-following-acquisition/article_6e1269d0-1c25-11ee-b1fc-cf309f8a118f.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">Bishops</a>, a salon concept. Its current portfolio also includes&nbsp;<a href="https://1851franchise.com/thresholdbrands">Threshold Brands</a> (<a href="https://1851franchise.com/maidpro">MaidPro</a>,&nbsp;<a href="https://1851franchise.com/patiopatrol/i-dont-think-so-mosquito-threshold-brands-launches-patio-patrol-an-outdoor-pest-control-solution-2719262">FlyFoe</a>,&nbsp;<a href="https://1851franchise.com/meninkilts/info">Men in Kilts</a>,&nbsp;<a href="https://1851franchise.com/pestmaster/info">Pestmaster</a>,&nbsp;<a href="https://1851franchise.com/usainsulation">USA Insulation</a> and others) and&nbsp;<a href="https://www.riversidecompany.com/investment-portfolio/evive-brands/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">Evive Brands</a> (<a href="https://executivehomecarefranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">Executive Home Care</a>,&nbsp;<a href="https://www.assistedlivinglocatorsfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">Assisted Living Locators</a>,&nbsp;<a href="https://www.grasons.com/estate-sale-franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">Grasons Co.</a>).“At the core, we’re underwriting the macro trend that everyone is spending more dollars to make themselves look better and feel better,” said&nbsp;<a href="https://www.linkedin.com/in/grant-marcks-722bb671?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">Grant Marcks</a>, a partner on Riverside’s origination team, as he described the thesis of creating a multi-brand franchisor platform. “What we really like about Frenchies is it has that clean feel. A more professional feel. And that also attracts a higher quality technician.”In 2014,&nbsp;<a href="https://www.linkedin.com/?utm_source=1851franchise.com&amp%3Butm_medium=article&amp%3Butm_campaign=a-breath-of-fresh-air-10-reasons-to-buy-a-frenchies-modern-nail-care-franchise-2722697&utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">Guy</a> and&nbsp;<a href="https://www.linkedin.com/?utm_source=1851franchise.com&amp%3Butm_medium=article&amp%3Butm_campaign=a-breath-of-fresh-air-10-reasons-to-buy-a-frenchies-modern-nail-care-franchise-2722697&utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">Stephanie Coffey</a> founded&nbsp;<a href="https://frenchiesnails.com/own-a-frenchies/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">Frenchies Modern Nail Care</a> with the ambition to create a national brand. Frenchies differentiates itself from typical nail salons by avoiding acrylic nails and harsh chemicals, focusing instead on customer service and a clean, airy atmosphere. This approach aligns with their motto, "<a href="https://1851franchise.com/frenchies/clean-before-clean-was-cool-why-frenchies-modern-nail-care-is-set-to-usher-in-a-brand-new-era-of-affordably-luxurious-nail-salons-2722190#stories">We love clean</a>," which resonated well with customers even before the pandemic.&nbsp;The Coffeys, former <a href="https://1851franchise.com/franchise-deep-dive-anytime-fitness-franchise-costs-fees-profit-and-data-2721087">Anytime Fitness</a> franchisees, opened the first Frenchies in Colorado to test their theory that customers would pay more for higher quality nail services and a better experience. By 2019, Frenchies had signed agreements for 100 locations, but the pandemic forced a pause in franchise development. During this time, the company focused on developing its product line and&nbsp;<a href="https://1851franchise.com/frenchies/a-breath-of-fresh-air-10-reasons-to-buy-a-frenchies-modern-nail-care-franchise-2722697#featured">refining its business model.</a>Despite the pandemic's impact, Frenchies has seen a robust recovery, with Guy noting a significant increase in average ticket prices and top-line sales. Approximately 30% to 40% of monthly revenue comes from memberships, providing stability for&nbsp;<a href="https://1851franchise.com/frenchies/multi-unit-frenchies-franchise-owner-all-in-to-revolutionize-the-nail-care-industry-2723507#featured">franchise owners</a>. Post-pandemic demand remained strong, dispelling initial concerns that it was merely a temporary surge.The Coffeys, after evaluating various private equity firms, felt aligned with Riverside's vision and strategy for Frenchies. With the deal finalized on November 8, Guy Coffey will become the brand president of Frenchies, and the couple retains an ownership stake. Riverside's plan involves bolstering franchise sales and marketing, driving growth with current franchisees, and expanding into new markets. The acquisition also presents a unique phase for the Coffeys, transitioning from founders to playing a pivotal role in the brand's next growth stage.“I haven’t worked for anybody since 1998,” said Guy. “We’re always going to be the founders, but our job was to grow it and now to deliver on the promises we’ve made to our team. We’ve built the foundation … and now we get to be part of the next stage."For more information on Frenchies, visit:&nbsp;<a href="https://1851franchise.com/frenchies">https://1851franchise.com/frenchies</a>Read the full article,&nbsp;<a href="https://www.franchisetimes.com/franchise_news/riverside-buys-frenchies-modern-nail-care-marking-pe-firm-s-50th-franchise-investment/article_5e69785e-83fc-11ee-94fa-07209a9c6d87.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company-2724305" target="_blank" rel="nofollow">here</a>.

Frenchies Modern Nail Care Purchased by P.E. Firm The Riverside Company

1851 Franchise

The 24-unit modern nail care franchise marks the firm’s 50th franchise investment. 

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

frenchies-modern-nail-care-purchased-by-pe-firm-the-riverside-company

Sola Salons

Photo of interior of Sola Salons location

How Much Can I Make as a Sola Salons Franchise Owner?

franchise-earnings

SweatHouz

Memberships That Matter: SweatHouz’s Recurring Revenue Model Explained

sweathouz-recurring-revenue-model

Pigtails & Crewcuts

Pigtails & Crewcuts National Convention Spotlights a Business That Builds More Than Just Revenue

Why Franchisees Are All In: Pigtails & Crewcuts National Convention Spotlights a Business That Builds More Than Just Revenue

pigtails-and-crewcuts-national-convention-2025

Pet Wants

How Pet Wants Offers a Franchise Opportunity That Feeds Both Pets and Passion

how-pet-wants-offers-a-franchise-opportunity-that-feeds-both-pets-and-passion

Keke's Breakfast Cafe

The Simple Secret Behind Keke’s Breakfast Cafe: Design for People, Then Scale

kekes-breakfast-cafe-franchishe-jon-ahrendt-john-ehrhard

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Authority Brands Enters Q4 with Record Momentum

Authority Brands Enters Q4 with Record Momentum, Surpassing 200 New Franchise Owners in the First 10 Months of 2025

authority-brands-enters-q4-with-record-momentum-surpassing-200-new-franchise-owners-in-the-first-10-months-of-2025

Franchises, work-life balance, millennials in franchising, millennials work-life balance

The Best Franchises for Millennials Wanting Work-Life Balance

best-franchises-millennials-work-life-balance

Photo of Papa Murphy's Take 'N' Bake Pizza franchisee Lily Wilford

Entrepreneur: This 18-Year-Old Saves Babysitting Money for College — Then Decided to Buy a Business Instead

18-year-old-franchise-owner-lily-wilford

Amazon outage, AWS outage, Amazon AWS logo

The Day the Cloud Stalled: How Amazon's Outage Impacted Franchise Economy

amazon-aws-outage-franchise-impact-travel-dining-failure

Thursday 1851 Franchise Agg - NASAA’s Noncompete Push

NASAA’s Noncompete Push Puts Franchise Growth on Uncertain Ground

franchise-noncompete-nasaa-advisory-reasonableness-standard

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

right-at-home-franchise-las-cruces-jerome-hanway

image of michael panos and michel panos, owners of mellow mushroom in Atlanta

The Panos Family’s Role in Preserving Mellow Mushroom’s Character — and Expanding in Atlanta

mellow-mushroom-franchise-panos-restaurant-group-metro-atlanta

image of franchise deep dive from 1851 franchise on doody calls franchise authority brands

DoodyCalls Franchise Costs, Fees, Profit and Data for 2025

doodycalls-franchise-deep-dive

graphic image of an 1851 franchisee spotlight brayden and johnny steven of teriyaki madness

Father-and-Daughter Team Bring Teriyaki Madness to Wichita, Kansas, With Big Expansion Plans

johnny-brayden-steven-teriyaki-madness-wichita

Frenchies Modern Nail Care Purchased by P.E. Firm The Riverside Company

MORE STORIES LIKE THIS