DALLAS, TX — January 22, 2018 — In March 2017, Riata Capital Group (“Riata”) announced the formation of Acuity Eyecare Group (“Acuity” or the “Company”), a company that will own and operate leading North American eyecare groups and optometry practices. Acuity launched with a strong platform following the simultaneous acquisition of three cornerstone regional eyecare groups:
— Crown Vision Center, based in St. Louis, which was ranked by Vision Monday as the 26th largest eyecare group in the United States based on locations
— Eyetique, based in Pittsburgh, which was ranked the 30th largest eyecare group in the United States based on locations
— International Eyecare Center, based in Quincy, Illinois, which serves rural communities in Missouri, Illinois and Iowa
Immediately following the initial formation of Acuity, Malbar Vision joined the family and stands as the largest and oldest private optometric practice serving Nebraska. As of December 31, 2017, Acuity operates with 60+ locations across 6 states. Acuity also owns a large, full-service digital lab operation, The First Look Lab, located just outside of St. Louis.
Jeff Fronterhouse, Managing Partner of Riata Capital Group, said: “Based on our successful investment in Vision Source from 2011-2015, we are excited to continue to leverage and build upon our strong network of relationships, experience and track record in the eyecare industry. Acuity Eyecare Group is off to a very strong start and we are seeing the impact in the marketplace of the team’s expertise and efforts. Our continued focus will be to support our Acuity family with the important tools and resources needed to provide their patients with full-scope professional eyecare and the highest-quality product assortment and value. We are committed to keep the momentum going in 2018 and beyond and look forward to sharing our accomplishments, growth and important milestones along the way.”