Beemok Capital Acquires Western & Southern Open
August 12, 2022
Beemok Capital, the family office of Benjamin W. Navarro, has entered into a definitive agreement and completed the acquisition of the Western & Southern Open tennis tournament from the United States Tennis Association (USTA). The purchase expands Beemok's tennis portfolio (which includes the Credit One Charleston Open and regional tennis complexes) and includes plans to invest in the event's long-term growth; Beemok also named Todd Martin Head of Tennis for Beemok Sports.
- Buyers
- Beemok Capital
- Targets
- Western & Southern Open
- Sellers
- United States Tennis Association (USTA)
- Industry
- Media & Entertainment
- Location
- Ohio, United States
- Transaction Type
- Buyout
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