Beemok Capital Acquires Western & Southern Open

Beemok Capital Acquires Charleston Place Hotel

October 1, 2021

Restaurants & Hospitality

Beemok Capital, the family office of Benjamin Navarro, has completed its acquisition of the Charleston Place hotel in Charleston, South Carolina. The buyer (through its Beemok Hospitality Group vertical) plans significant investments and property improvements over the next 18 months; financial terms were not disclosed. The prior owner was Belmond Ltd.

Victory Capital Acquires WestEnd Advisors

November 4, 2021

Financial Services

Victory Capital Holdings, Inc. entered into a definitive agreement to acquire 100% of WestEnd Advisors, LLC, a Charlotte-based asset manager that provides ETF-based model allocation strategies and separately managed accounts with approximately $18 billion in assets. The deal was announced November 4, 2021 (upfront consideration of $480 million plus deferred earnouts) and the acquisition closed on December 31, 2021.

Modern Capital Acquires Western Equity Group, Inc.

March 16, 2020

Financial Services

Modern Capital, a Charleston-based diversified financial services firm, has entered into a definitive agreement to acquire Western Equity Group, Inc., an SEC-registered, FINRA-member broker-dealer. The acquisition will expand Modern Capital’s retail and institutional trading capabilities and establish a capital markets desk; Western Equity Group will be renamed Modern Capital Securities Co. and its personnel will join Modern upon closing (subject to FINRA approval).

The Vasco Group Acquires Schubert Tennis

February 9, 2026

Construction

The Vasco Group, a sports-surfacing platform majority owned by Monogram Capital Partners with support from Halmos Capital Partners, has acquired Schubert Tennis, a Cincinnati-based provider of asphalt and clay tennis, pickleball, and multi-sport court construction, resurfacing, and maintenance. The add-on expands Vasco's clay-court capabilities and Midwest footprint while adding more predictable recurring maintenance revenue and retaining Schubert's owner-operators in place.

SIGNA Sports United Acquires Majority Stake in Midwest Sports

February 11, 2021

E-Commerce

Berlin-based SIGNA Sports United has acquired a majority stake in Midwest Sports, a Cincinnati-based online tennis retailer, marking SIGNA's first substantial U.S. operation and expanding its Tennis-Point platform into the U.S. market. Midwest Sports—one of the top three U.S. online tennis retailers with ~100 employees and strong traffic—will support Tennis-Point's strategy to replicate its European tennis e-commerce platform in the United States.

WA Asset Management Acquires BT Wealth Management

June 30, 2022

Financial Services

WA Asset Management (WAAM), a Birmingham-based registered investment adviser, has acquired BT Wealth Management (BTWM), the wealth management division of Bennett Thrasher, LLP. The deal brings BTWM's 14-person team and approximately $1 billion in AUM into WAAM and establishes a strategic foothold for WAAM in Georgia (Atlanta and Savannah) to support further regional growth.