DALLAS--Capital Group LLC, a Dallas-based private investment firm, has partnered with Alan Shor, co-founder and president of The Retail Connection, to invest in high-growth, specialty retail and multi-channel consumer companies.
Shor's real estate advisory, management and investment firm represents over 275 retail and restaurant chains.
"One of the most important fundamentals in assessing a retail or restaurant investment opportunity is the runway for growth through the opening of new units," Shor told GlobeSt.com. "Analyzing the existing real estate portfolio and creating a real estate model, process and growth plan is critical to value creation and a successful return to the company and its investors."
Shor brings more than 25 years of operating and real estate experience, and relationships in consumer and specialty retail businesses. Prior to co-founding The Retail Connection, Shor served as president, chief operating officer and member of the board of directors of Zale Corp., and guided its successful turnaround in the early 1990's. He has been involved with several of the Riata principals' past investments, including Teavana and European Wax Center.
"Alan is a trusted partner who brings invaluable perspective and very strong operating capabilities to consumer-facing retail and service platforms," Riata managing partner Barron Fletcher says. "We have made multiple successful investments with Alan in the past, and we look forward to replicating that success again."
"I'm excited to work with the Riata team – building on my long relationship with Barron and Jeff – to draw on our collective real estate experience to source and pursue many attractive opportunities in the retail and consumer space," Shor says.
Over the past two decades, Riata's principals have completed 42 consumer transactions, representing over $3.1 billion in aggregate transaction value. Representative investments include Dollar Tree, Hibbett Sports, Lids, Moosejaw, Walls Industries, The Children's Place and Fragrance Outlet.
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