Riata Capital Group and Alan Shor Partner to Invest in High-Growth Specialty Retail and Multi-Channel Consumer Companies
Dallas, Texas — Riata Capital Group, LLC, a leading Dallas-based private investment firm, announced today that it has partnered with Alan Shor to invest in high-growth, specialty retail and multi-channel consumer companies. Mr. Shor is Co-Founder and President of The Retail Connection, a real estate advisory, management, and investment firm that represents over 275 retail and restaurant chains.
Mr. Shor brings more than 25 years of operating and real estate experience, knowledge and relationships in consumer and specialty retail businesses. Prior to co-founding The Retail Connection, Mr. Shor served as President, Chief Operating Officer, and member of the Board of Directors of Zale Corporation, North America’s largest specialty retailer of fine jewelry with 2,300 retail locations, and guided its successful turnaround in the early 1990’s. Mr. Shor has been involved with several of the Riata principals’ past investments, including Teavana and European Wax Center.
Riata Managing Partner Barron Fletcher said: “Alan is a trusted partner who brings invaluable perspective and very strong operating capabilities to consumer-facing retail and service platforms. We have made multiple successful investments with Alan in the past, and we look forward to replicating that success again.”
Mr. Shor said: “My close relationship with the team at Riata Capital goes back many years. We have been very successful historically, and continue to see many compelling opportunities to invest in high-growth, specialty retail and multi-channel consumer companies. With the added talent and resources of The Retail Connection that can be made available to support our investment activities as needed, we are excited about our prospects going forward.”
Riata Managing Partner Jeff Fronterhouse said, “Alan’s extensive real estate, retail and operating experience will be a great asset to our consumer investment activities. His deep connections in consumer and retail circles will enhance our ability to find attractive investment opportunities.”
Over the past two decades, Riata’s principals have completed forty two consumer transactions, representing over $3.1 billion in aggregate transaction value, and have created considerable value for investors. Representative investments include Dollar Tree, European Wax Center, Hibbett Sports, Lids, Moosejaw, Teavana, Walls Industries, The Children’s Place and Fragrance Outlet.